4 IPOs Listing on 5 October 2026: Expected Listing Price, GMP & Key Details
Monday 5 October is set to be one of the busiest listing days of the year, as four mainboard IPOs make their stock market debuts on the same day. Orient Cables (India), German Green Steel & Power, AceVector (Snapdeal's parent) and Runwal Enterprises together raised around ₹1,776 crore from the public markets and closed for subscription on 29 September, with allotment finalised on 30 September.
Here is a complete preview of Monday's four listings — expected listing prices based on the latest grey market premiums, final subscription numbers, key IPO details, and what investors should watch on debut.
Note: Grey market premiums (GMP) are unofficial, market-reported figures sourced from IPO trackers as of 4 October 2026. They are indicative only, can change overnight, and do not guarantee the actual listing price.
Four IPOs Listing on 5 October: At a Glance
| Company | Issue size | Price band | Lot size | Final subscription | GMP (4 Oct, unofficial) | Estimated listing price |
| --- | --- | --- | --- | --- | --- | --- |
| Orient Cables (India) | ₹552 crore | ₹258–272 | 55 shares | ~92.97x | ₹110–117 (~40–43%) | ₹382–389 |
| German Green Steel & Power | ₹303.9 crore | ₹132–139 | 107 shares | 28.98x | ₹10–12 (~7–8%) | ₹149–151 |
| AceVector (Snapdeal) | ₹420 crore | ₹30–32 | 468 shares | 4.93x | ₹0.5–1 (~2–3%) | ₹32–33 |
| Runwal Enterprises | ₹500 crore | ₹290–305 | 49 shares | 2.50x | ₹0 (flat) | ₹305 (flat) |
Estimated listing price = upper end of the price band + latest grey market premium. Implied gains per minimum retail lot: Orient Cables ~₹6,300, German Green Steel ~₹1,177, AceVector ~₹281, Runwal ~₹0.
1. Orient Cables (India) — Strongest Grey Market Signal
Orient Cables enters its listing as the clear favourite of the pack. The ₹552-crore issue (₹320 crore fresh issue + ₹232 crore offer for sale by the promoter Nagpal family) was subscribed about 92.97 times — the strongest response among the four.
Category-wise subscription (final):
- Qualified Institutional Buyers (QIBs): ~182.8x
- Non-Institutional Investors (NIIs): ~115.6x
- Retail Individual Investors (RIIs): ~30.6x
The grey market premium for Orient Cables stood at roughly ₹110–117 per share on 4 October 2026, implying a listing price of around ₹382–389 against the upper price band of ₹272 — a premium of about 40–43%. For a retail investor holding one 55-share lot, the GMP-implied gain works out to roughly ₹6,300. The company is a networking cables and passive networking equipment maker serving broadband, telecom, data centres and renewable energy customers; its total income grew 42% to ₹1,182 crore in FY26, though PAT was largely flat at ₹54 crore. The company also raised ₹165.6 crore from anchor investors before the public issue.
2. German Green Steel & Power — Premium Has Cooled
German Green Steel & Power's ₹303.9-crore issue (₹290 crore fresh issue + ₹13.9 crore OFS) was subscribed 28.98 times, with healthy demand across all categories — NII 54.03x, retail 22.83x and QIB 20.93x.
The grey market premium, which had touched around 20% during the subscription window, cooled to roughly ₹10–12 per share as of 4 October 2026, implying a listing price of around ₹149–151 against the ₹139 upper band — a gain of about 7–8%. Per 107-share lot, the implied gain is roughly ₹1,177. The Gujarat-based iron and steel manufacturer plans to use ₹226.33 crore of the net proceeds for capex at its Samakhiyali facility in Kutch and a hybrid wind-solar power plant. Read our German Green Steel IPO deep-dive for the full review.
3. AceVector (Snapdeal Parent) — Flat Listing Expected
The ₹420-crore AceVector IPO (₹287 crore fresh issue + ₹133 crore OFS), the holding company behind the Snapdeal marketplace, was subscribed 4.93 times overall — QIB 3.38x, NII 8.16x and retail 4.62x. The grey market premium has stayed near ₹0.5–1 per share, implying a listing price of roughly ₹32–33 against the upper band of ₹32 — essentially a flat listing.
The company remains loss-making (net loss narrowed to ₹45.5 crore in FY26 on revenue of ₹510.4 crore), which explains the muted grey market enthusiasm. Read our AceVector IPO review for the full analysis.
4. Runwal Enterprises — Weakest Hand Into Listing
Runwal Enterprises' ₹500-crore pure fresh issue was subscribed 2.50 times — QIB 3.89x, NII 3.94x, retail 1.12x and employee 1.13x. The Mumbai-based developer's grey market premium was ₹0 as of 4 October 2026, implying a flat listing at the ₹305 upper price band. Retail demand was the weakest among the four debutants, and the grey market is pricing in no premium at all.
What to Watch on Listing Day
- Pre-open session: Newly listed shares go through the exchanges' special pre-open call auction (9:00–9:45 AM) before normal trading begins at 10:00 AM, where the opening price is discovered. Heavy QIB demand for Orient Cables (182.8x) usually supports a strong open.
- How GMP stacks up against history: Orient Cables' ~40% grey market premium mirrors other strong 2026 debuts — Moneyview listed ~62% higher on 1 October after a ~98.5x subscription. A 90x-plus subscription with institutional depth has historically delivered solid listing gains.
- The cooling premium for German Green Steel: The slide from ~20% to ~7–8% GMP during the allotment week suggests dealer expectations moderated — the actual listing could still surprise either way, so grey market numbers should not be treated as a forecast.
- Flat-premium listings can still move: Runwal and AceVector enter Monday with little or no grey market premium. Debut-day momentum, anchor-investor backing and broader market sentiment can still push them above issue price.
FAQs
Which IPOs are listing on 5 October 2026?
Four mainboard IPOs — Orient Cables (India), German Green Steel & Power, AceVector and Runwal Enterprises — are scheduled to list on the BSE and NSE on Monday, 5 October 2026.
Which 5 October listing has the highest expected listing gain?
Based on 4 October grey market data, Orient Cables leads with an implied premium of around 40–43% (estimated listing price ₹382–389 against the ₹272 upper band).
What time do newly listed IPO shares start trading?
Shares listed on the NSE and BSE go through a special pre-open session from 9:00 to 9:45 AM, with normal trading starting at 10:00 AM on listing day.
Can the grey market premium change before listing?
Yes. GMP is an unofficial, unregulated market indicator that reflects dealer sentiment and can fluctuate until listing. It does not guarantee the actual listing price.
Conclusion
Monday's quadruple listing offers something for every IPO watcher: Orient Cables carries genuine blockbuster potential with a ~93x subscription and a ~40% grey market premium, German Green Steel looks set for a modest single-digit gain, while AceVector and Runwal face flat-to-cautious debuts. As always, treat grey market signals as a rough guide rather than a guarantee, and base listing-day decisions on the issue's fundamentals, your cost of holding, and the price action in the first hour of trade.