Four mainboard initial public offerings — Orient Cables, AceVector, German Green Steel and Power, and Runwal Enterprises — closed for subscription on Tuesday, September 29, capping a busy primary market week. By early afternoon, Orient Cables led demand with bids around 15 times the shares on offer, followed by German Green Steel at about 9.7 times, according to live subscription updates tracked between 11.51am and 12.42pm IST.

AceVector was subscribed about 1.62 times and Runwal Enterprises about 1.14 times in the same window. The four issues drew contrasting investor responses, with infrastructure and cable plays attracting stronger interest than the others.

Final subscription figures will be confirmed after the bidding window closes, with allotments and listing dates to follow in the coming days. Market participants will watch the final subscription tallies closely, as strong IPO demand has been a feature of the primary market this year. Listing gains will depend on broader market sentiment when the shares debut.