According to reports, online retailer saholic.com has listed the pricing for the iPhone 5 at Rs 45,500 for 16GB, Rs 52,500 for 32GB and Rs 59,500 for 64 GB versions.
The site writes that the pre-orders will ship on November 4.
Black and white versions of the smartphone are expected to go on sale.
Infibeam, another online retailer, listed the 16GB version of the iPhone 5 on its website for pre-orders for an advance amount of Rs 5,000.
Only black versions of the phone were available for pre-orders on Infibeam.