Laser Power IPO Day 3: Issue booked 1x so far. GMP hints 16% listing gain. Should you apply or skip?

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The Laser Power IPO opened on 9 July and will close on 13 July, with shares priced between ₹205–214. The company aims to raise ₹742 crore, allocating 50% for QIBs, and 15% for NIIs. Listing is expected on 16 July.