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Lumino Industries IPO Day 1: Issue booked 52% so far. GMP signals 61% listing pop. Should you apply or skip?

As reported by mint - markets
Lumino Industries IPO opens on 27 August at ₹78-82 per share. Lumino Industries IPO GMP of +50, indicating a potential listing price of ₹132. The company aims to raise ₹500 crore, with ₹337 crore planned for debt repayment.
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