# MUFG Intime India

Type: Company

Source: Finance Intelligence Brief — https://getfinancebrief.com/entity/mufg-intime-india
Canonical HTML page: https://getfinancebrief.com/entity/mufg-intime-india

## Timeline

- **2026-09-16**: Tentative listing — Shares expected to debut on NSE and BSE.
- **2026-09-11**: Allotment finalised — Share allotment expected to be finalised.
- **2026-09-10**: IPO closes — Final day for investors to submit bids.
- **2026-09-09**: Day 2 of bidding — Day 1 closed at 2.70x overall; retail at 3.30x and NII at 4.87x, with a grey market premium of ~35%.
- **2026-09-08**: IPO opens for subscription — Bidding begins for the ₹1,055.74 crore issue at a ₹601–632 per share price band.

## Recent coverage (1 stories)

### Kanohar Electricals IPO: 35% GMP and 2.7x Day-1 subscription — bid or skip?
2026-09-09 07:05:37 · Sentiment: Neutral · Impact: 5/10 · Sources: 2

Kanohar Electricals' ₹1,055.74 crore IPO heads into its final day with a 35% grey market premium and a 2.7x Day-1 subscription. Retail and NII demand are running at 3.30x and 4.87x respectively, but an OFS-heavy structure means 71.6% of proceeds go to selling shareholders. The key question for bidders is whether the ~₹853 implied listing price holds up to fundamentals.
Full story: https://getfinancebrief.com/story/kanohar-electricals-ipo-day2-gmp-35pct-subscription-2-7x

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