Mumbai: The Initial Public Offering of Kanohar Electricals Limited was subscribed 90.59 times on the final day of bidding.

The issue received bids of 1,05,92,88,437 equity shares against the offered 1,16,93,326 equity shares, according to data available on the stock exchanges.

Qualified Institutional Buyers (QIB) was subscribed 215.37 times. Non-institutional and Retail Portion investors portion was subscribed 87.74 times and 20.51 times, respectively.