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Laser Power & Infra sets price band for Rs 742 crore IPO; GMP signals 11% premium. Check details

Laser Power & Infra has fixed the price band for its Rs 742-crore IPO at Rs 203-214 per share. The issue opens on July 9 and closes on July 13, with an 11% grey market premium indicating strong investor interest. The company plans to use most of the fresh issue proceeds to repay debt and strengthen its balance sheet.

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Economic TimesLean R·3h ago
Laser Power & Infra sets price band for Rs 742 crore IPO; GMP signals 11% premium. Check details
Laser Power & Infra has fixed the price band for its Rs 742-crore IPO at Rs 203-214 per share. The issue opens on July 9 and closes on July 13, with an 11% grey market premium indicating strong investor interest. The company plans to use most of the fresh issue proceeds to repay debt and strengthen its balance sheet.
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Laser Power & Infra sets price band for Rs 742 crore IPO; GMP signals 11% premium. Check details

How 1 sources are covering this