Stellar Debut! Laser Power and Infra share price lists at Rs.250, a premium of 16.8% over IPO price
New Delhi, July 16 -- Laser Power and Infra IPO Listing: Laser Power and Infra share price made a stellar debut in the Indian stock market today, July 16, as it got listed at Rs.250 apiece on NSE, a premium of 16.8% over its issue price of Rs.214. Meanwhile, on BSE, it debut at Rs.269, up 25.70% from issue price.
The listing met Street expectations, as seen from the grey market premium (GMP). Laser Power IPO GMP stood at Rs.40 per share, which indicated a likely listing price of Rs.254 - a premium of 18.7% to offer price.
Laser Power IPO was subscribed 28.97 times in 3 days of bidding.
The Retail Individual Investors (RIIs) segment was booked 6.84 times, while the Non Institutional Investors (NII) category was subscribed 45.54 times. T...
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