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The Economic Times
The Economic Times
Business
Ritesh Presswala

Lumino Industries IPO allotment likely today: GMP signals 59% premium; here’s how to check status

Lumino Industries GMP IPO NSE BSE

The wait is almost over for investors in the Lumino Industries IPO. The basis of allotment for the Rs 700-crore public issue is expected to be finalised today, September 1, giving applicants a chance to find out whether they have secured shares. The company is scheduled to make its stock-market debut on the BSE and NSE on September 3.

Adding to investor interest, Lumino Industries’ grey market premium (GMP) is currently around 59%, pointing to expectations of a potentially strong listing, although GMP trends are unofficial and can change before the shares debut.

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