Lumino Industries IPO Gains Momentum as Investor Interest Builds; Hy-Tech Engineers IPO Remains in Focus

The primary market continued to attract investor attention as the Lumino Industries IPO gathered momentum and the Hy-Tech Engineers IPO remained closely tracked for its strong subscription demand and grey market activity. Lumino Industries' public issue was subscribed 4.87 times by the third day, according to market coverage, while its grey market premium indicated a potential listing gain of around 75%. The issue had attracted steady attention from the opening day, when the GMP had signalled a potential 61% listing premium.

The IPO also saw strong participation from anchor investors, with the company raising ₹207 crore ahead of the public issue. The anchor book included prominent institutional investors, adding to the market's interest in the offering. Meanwhile, the Hy-Tech Engineers IPO continued to remain in focus after witnessing strong subscription demand. Coverage reported that the issue was subscribed 68.96 times, while its GMP indicated a potential listing gain of around 83%. The performance of both issues highlights the continued investor focus on subscription momentum, institutional participation and grey market sentiment while evaluating opportunities in the primary market.

Featured Coverage

• Mint: Lumino Industries IPO Day 3: Issue subscribed 4.87x so far. GMP hits 75% listing pop. Apply or not
• Mint: Lumino Industries IPO Day 1: Issue booked 1.05x so far. GMP signals 61% listing pop. Should you apply or skip?
• Business Today: Lumino Industries IPO opens today: Should you subscribe or skip? Check price band, GMP, reviews
• IPO Central: Lumino Industries Mops Up ₹207 Cr from Anchors, Sunil Singhania's Abakkus, HDFC & Kotak Lead the Pack
• MSN: Hy-Tech Engineers IPO Day 4: Issue subscribed 68.96x so far. GMP hints 83% listing pop. Apply or not?

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