A firm endorsement of Laurus labs future prospects & readiness by its own employees with their quota getting 98% subscription by end of Day-2 - the RIIs should take note & ramp up their bids tomorrow.
The QIB sentiment is of course crystal clear with a not a very usual 100% subscription by Day-2 itself
Yes it is true that employees were given a discount. But this shows that employees are confident about their future performance. Even at a discount employees would never invest if the company is wouldnt perform in the short-long term.
Very gud news for this Ipo employees has full confidence in this Ipo...Or in there company.......Tomm big fire works from QIB and HNIS ......I am expecting still 60 Times and 150 times respectively ...
Lauras Employee Quota getting filled up on day-2 looks refreshing and positive. I think it shows the confidence employees have on the future prospects of the company.