Lauras Lab IPO. Final conclusion. Considering first day selling quantity of 1.10 crores shares and strong demand from QIBs and FIIs, and strong business, listing is expected to be around Rs.478 to 510. On the first day itself , I expect the scrip to cross Rs. 500 and possibly may strongly move to Rs. 540.
If Laurus lists @ 450-460 as per GMP & few boarders opinion, I think Its worth to buy more. I got 6 lots allotted and I think we shouldnt sell for just 30 bucks profit. At the same time, can we book profit if it lists @ 600 on optimistic note.