Markets · 1 sources covering this

Lumino Industries IPO Day 2: GMP signals 68% listing gains, issue subscribed 1.42 times. Should you subscribe?

Lumino Industries’ Rs 700 crore IPO is drawing strong investor interest, with the issue subscribed 1.42 times on Day 1 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 - Long Term” rating, citing the company’s strong order book, financial performance and exposure to power infrastructure.

Share:WhatsApp X Reddit Facebook

Coverage spectrum

0 L · 0 C · 1 R

How 1 sources are covering this

Economic TimesLean R·1h ago
Lumino Industries IPO Day 2: GMP signals 68% listing gains, issue subscribed 1.42 times. Should you subscribe?
Lumino Industries’ Rs 700 crore IPO is drawing strong investor interest, with the issue subscribed 1.42 times on Day 1 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 - Long Term” rating, citing the company’s strong order book, financial performance and exposure to power infrastructure.
Read at Economic Times →

Embed this bias spectrum on your site

Paste this iframe wherever you'd like the widget to appear. Resizes responsively; no JS required.

<iframe
  src="https://hindustansphere.com/embed/cluster/ed633bbbbe20b2b73b03eb0286aa1fe4cc3a8e1b"
  width="100%" height="320"
  style="border:0;max-width:680px"
  loading="lazy"
  title="Lumino Industries IPO Day 2: GMP signals 68% listing gains, issue subscribed 1.42 times. Should you subscribe?"></iframe>

Lumino Industries IPO Day 2: GMP signals 68% listing gains, issue subscribed 1.42 times. Should you subscribe?

How 1 sources are covering this

Lumino Industries IPO Day 2: GMP signals 68% listing gains, issue subscribed 1.42 times. Should you subscribe?

More from Markets

All eyes on Skyways Air Services IPO allotment status, listing date as GMP jumps at ₹44/share

Tejas Networks share price jumps 13% | here's why

Ather Energy shares rally 4% as Hero MotoCorp plans Rs 1,758 crore investment

Skyways Air IPO allotment likely today; GMP at 32%. Here’s how to check status

Reader

Trust & legal

Across the network