Low fancy on Porwal Auto IPO

Thebullishtrends : Response for Porwal Auto Comp almost low, response from QIB and HNI categories are very low. They have not considered that Porwal Auto IPO is a worthy one. The IPO has been assigned GRADE 3 by CRISIlL indicating average fundamentals. Already Porwal Auto Comp shares have been listed in OTC Exchange. Overall IPO subscribed only 1.03 times. Listing chances are high but there is a doubt about the listing price of this IPO.