New Delhi, Aug. 5 -- The initial public offering (IPO) of GV Electricals witnessed strong interest from investors across brackets. The SME IPO, which opened on Friday, 31 July, and concluded on Tuesday, 4 August, saw an overall subscription of nearly 147 times, with the retail portion booked 151 times and the segment reserved for non-Institutional Investors (NIIs) subscribed to 243 times.

After a strong subscription, the focus is on the share allotment, which is expected to be finalised today, i.e., Wednesday, 5 August.

Successful bidders can expect the shares to be credited to their demat accounts on Thursday, 6 August, while those who do not receive an allotment will get refunds on the same day. The stock will list on the BSE SME on F...