New Delhi, July 10 -- Laser Power and Infra IPO Day 2: The initial public offering (IPO) of Laser Power & Infra opened for public subscription on July 9 and will remain open until July 13. The company has fixed the price band at Rs.203-214 per equity share.

The basis of allotment for the IPO is expected to be finalised on July 14. Shares are likely to be credited to the demat accounts of successful applicants on July 15, while refunds to unsuccessful bidders will also be initiated on the same day. The company's shares are scheduled to make their stock market debut on the BSE and NSE on July 16.

Investor sentiment toward the IPO is strong, as its grey market premium (GMP) is 24 on July 10. This suggested that the stock was likely to debu...