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

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.

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