Anawil Wire & Engineering IPO Day 1: Issue subscribed 70% so far, GMP signals 30% listing premium

Wait 5 sec.

The Anawil Wire & Engineering IPO received a healthy response on the first day of bidding, with the issue subscribed 70% as investors placed bids for over 47 lakh shares. The IPO is also commanding a grey market premium of around 30%, indicating expectations of a strong listing.