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REDDIT

Applied for lumino Industries Ipo. Grey price is 52. Ipo's upper band is 82, which is not the double of the Grey Price. Last date is 31.08.2026. Retail section is oversubscribed for 6 times. Probability of allotment is minimal. Please try your luck last date is on 31.08.2026.

M
Aug 30, 2026 · 06:45

As per the information available in Web, lumino Industries is a profit making company and its ipo's higher band is not more than 50% of the Grey Price.

As the retail section is oversubscribed for 6 times, the possibility of allotment had a remote chance.

Has anyone tried your luck.