Anawil Wire and Engineering SME IPO listing: Shares of Anawil Wire and Engineering debuted on a positive note, defying weak market sentiment on Monday, 10 August. Anawil Wire and Engineering shares opened at ₹329.65 on the NSE SME, up 22% from the IPO price of ₹270.
Soon after its positive debut, it touched highs and lows of ₹336.90 and ₹313.20, respectively. Around 10:20 AM, the stock was at ₹318, up 17.78% from the issue price.
As per grey market sources, the SME stock’s listing was in line with expectations, as the last grey market premium (GMP) for Anawil Wire and Engineering shares was ₹58, suggesting the stock could list at ₹328.
