The Economic Times

Kanohar Electricals shares to list today; GMP signals 30% potential listing gains

The strong grey market sentiment comes on the back of overwhelming investor demand for the public issue. The IPO was subscribed 90.59 times overall, with the retail portion booked 20.51 times. The non-institutional investor (NII) category saw subscription of 87.74 times, while the qualified institutional buyer (QIB) portion was subscribed a staggering 215.37 times.