Rs 2k notes worth Rs 6,017 cr still in circulation

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Ashish Kacholia-backed Shree Refrigerations shares to list today. GMP hints at healthy debut

Shares of Shree Refrigerations are set to debut on the BSE SME platform today and market chatter suggests a sizzling listing could be on the cards. The IPO, which was priced at Rs 125 per share, is commanding a grey market premium (GMP) of Rs 70, indicating a possible listing price around Rs 195 — a sharp 56% premium over the issue price.The company’s public issue witnessed a blockbuster response, with overall subscription hitting 187.55 times. Retail investors alone subscribed 195.05 times, while NII and QIB categories saw 197.01 times and 167.32 times bids, respectively.The Rs 117.33-crore IPO consisted of a fresh issue of 75.61 lakh shares and an offer for sale of 18.25 lakh shares. Ahead of the issue, Shree Refrigerations raised Rs 33.41 crore from anchor investors, including insti

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