Kanohar Electricals shares debut at a 8.5% premium to issue price, lower than GMP projections

The ₹1,055.7-crore initial public offering (IPO) of Kanohar Electricals was subscribed 90.59 times on the final day of bidding. The issue received bids for 1,05,92,88,437 shares against 1,16,93,326 shares on offer.