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

The Lumino Industries IPO GMP currently stands at +61. 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.143 apiece, indicating a 74.39% premium over the IPO price of Rs.82.

Based on grey market activity over the past 11 sessions, the GMP of the IPO is showing an upward trend today, suggesting positive expectations for its listing. Experts report that during this period, the GMP fluctuated betwe...