Arc Insulation IPO GMP jumps 18% after 1.37x subscription; how 3 peers fare ahead of Friday launch

ARC Insulation & Insulators IPO opened today, aiming to raise 41.19 crore. Anondita Medicare, Classic Electrodes, and Shivashrit Foods IPOs are set to open on Friday. Grey market premiums suggest ARC Insulation may list around 146, Anondita Medicare around 173, Classic Electrodes around 109, and Shivashrit Foods around 150.