14/1/2025, 9:24:02 pm

Laxmi Dental IPO: GMP at 30% as subscription soars to 16 times on Day 2

Laxmi Dental IPO has garnered strong investor interest, with the issue subscribed 16.02 times on the second day of bidding on Tuesday, data from the National Stock Exchange (NSE) showed. The IPO received bids for 14.36 crore shares against the offer size of 89.70 lakh shares. The robust response comes amid reports that the shares are commanding a grey market premium (GMP) of around 30 per cent.