New Delhi, Aug. 27 -- The Lumino Industries IPO will open for subscription on 27 August and close on 31 August. The company has fixed the price band at Rs.78- Rs.82 per equity share for its maiden public issue.

The Lumino Industries IPO GMP currently stands at +50. Based on the upper end of the IPO price band and the prevailing grey market premium, the estimated Lumino Industries share price at listing is Rs.132 apiece, indicating a 60.98% premium over the IPO price of Rs.82.

Considering the grey market movements over the past week, the IPO's Grey Market Premium (GMP) is trending upward today, suggesting a positive outlook for the listing. Throughout this period, experts noted that the GMP fluctuated between Rs.46 and Rs.52.

Lumino Ind...