i except this to happen good IPOs getting over subscribe these days nothing to worry
EVEN my worst IPO pch had too oversubscribed 6 times greater and one of the best IPOs ODEL over subscribed 64 times greater
We can expect that laugh will be same as odel or even worst (from the aspect of over subscribe ) cuz some one i knw handed over 50 applications only for accounts that he controls

and all the brokers i knw has been telling past few days they received huge amount of applications and i was there at the asha philp and laugh joint promotion and wht there financial manager said was they except a better one than odel (from there point of view)
not all the shares that have requested will be allocated and proportion based on the director boards final decision will be allocated for the applicants (for hydro power free lanka IPO allocation criteria has submitted to cse today refer it to have a light idea but case will be worse whn talking abt laugfs) and refund will be sent as they mentioned for the shares not allocated