Laser Power & Infra lists at 26% premium. What should investors do now?

Laser Power & Infra listed at a premium of around 26% over its IPO price of Rs 214, debuting at Rs 269 on the BSE and Rs 250 on the NSE. The Rs 742 crore IPO was subscribed 38.94 times overall, with the QIB portion subscribed 92.25 times. Analysts highlighted that about 90% of IPO proceeds will be used for debt repayment and pointed to a strong order book worth Rs 3,243 crore, advising existing investors to hold while suggesting new investors buy on dips with a stop-loss near Rs 225.