Kanohar Electricals IPO Lists Today With Strong GMP and Order Book

Kanohar Electricals shares are scheduled to debut on the NSE and BSE in a special pre-open session at 10:00 IST on Wednesday, September 16.

The grey market premium stood at ₹192, indicating an estimated listing price of ₹824 per share, which is 30.38 percent higher than the ₹632 issue price.

The ₹1,056 crore IPO was subscribed 90.59 times overall, driven by strong demand from Qualified Institutional Buyers who subscribed 215.37 times.