Laser Power & Infra IPO allotment in focus today; latest GMP, 6 steps to check status

Laser Power and Infra IPO share allotment will be finalised today, with the issue having been subscribed 38.94 times during its book-building window from 9 July to 13 July. Grey market premium stands at about Rs 39, pointing to an estimated listing price of around Rs 253 per share, an 18.22% premium over the upper end of the price band at Rs 214. Shares are expected to be credited to demat accounts on 15 July, with listing scheduled for 16 July.