Lumino Industries IPO Day 2: GMP signals 68% listing gains, issue booked nearly 5 times. Should you subscribe?
Lumino Industries’ Rs 700 crore IPO is drawing strong investor interest, with the issue subscribed 4.87 times on Day 2 and the grey market premium rising to 68%. The IPO comprises a Rs 500 crore fresh issue and a Rs 200 crore OFS, while Anand Rathi has assigned a “Subscribe…
The Economic Times ·