Three Companies Set IPO Price Bands Ahead of September Launch

Orient Cables has fixed its IPO price band at ₹258-272 per share, positioning itself at the higher end of the capital-raising spectrum. The cable manufacturer's issue will allow investors to bid within this range when subscription opens next month.

AceVector has set a more modest price band of ₹30-32 per share for its IPO, while German Green Steel and Power has announced a band of ₹132-139 per share. The varied pricing reflects the different market positions and sectoral dynamics of the three companies.

All three public issues will simultaneously open for subscription on September 25, providing investors with multiple investment opportunities across different sectors during the same subscription window. The simultaneous launch of these offerings may test market appetite for new equity issuances in the current investment climate.

The price bands represent the range within which investors can place their bids during the subscription period. Final pricing for each issue will be determined at the conclusion of the subscription window based on demand and market conditions.