Laser Power & Infra IPO
GMP, Subscription, Price, Dates & Financial Details
Electric Equipment
Laser Power & Infra Limited is an integrated manufacturer of power cables, conductors, and other specialised products used in India's power transmission and distribution sector. With more than 30 years of industry experience, the company has established itself as a leading player in eastern…
Open Date
Thu, 09 Jul 2026
Close Date
Mon, 13 Jul 2026
Price Band
₹ 203 – 214
Lot Size
70
Issue Size
₹ 742.00 Cr
Minimum Investment
₹ 14,980 (70 Shares)
Grey Market Premium Analysis
Day Wise GMP→Unofficial premium quoted in the grey market, tracked daily against the price band cap.
Grey market trading is unregulated. GMP figures are indicative only and should not be the sole basis for investment decisions - treat as a sentiment indicator, not a guarantee.
IPO Details
Laser Power & Infra IPO has successfully completed its IPO process and is now listed on the NSE and BSE. According to the Red Herring Prospectus (RHP), the IPO was a book-built issue with a total issue size of ₹742 Crore, comprising a fresh issue of 2.53 Crore equity shares aggregating to ₹542.00 Crore and an offer for sale (OFS) of 93.46 Lakh equity shares aggregating to ₹200.00 Crore by the existing shareholders.
The Laser Power & Infra IPO remained open for subscription from July 09, 2026, to July 13, 2026. The basis of allotment was finalized on July 14, 2026, and the company's shares were listed on the NSE and BSE on July 16, 2026.
The company had fixed the price band at ₹203 to ₹214 per share, with a lot size of 70 shares. Retail investors were required to make a minimum investment of ₹14,980 (based on the upper price band) to apply for one lot.
MUFG Intime India Private Limited served as the registrar to the issue. IIFL Capital Services Limited, and ICICI Securities Limited acted as the Book Running Lead Managers (BRLMs) to the issue.
With the successful completion of the IPO process, Laser Power & Infra Limited is now a publicly listed company on the NSE and BSE. Investors can track the company's share price, trading performance, financial results, and corporate announcements through the stock exchanges.
Laser Power & Infra IPO Timeline (Tentative)
- IPO Open Date
- Thu, 09 Jul 26
- IPO Close Date
- Mon, 13 Jul 26
- Basis of Allotment
- Tue, 14 Jul 26
- Initiation of Refunds
- Wed, 15 Jul 26
- Credit of Shares to Demat
- Wed, 15 Jul 26
- Listing Date
- Thu, 16 Jul 26 — NSE & BSE
Open Date
09 July 2026
Close Date
13 July 2026
Basis Of Allotment
14 July 2026
Listing Date
16 July 2026
IPO Subscription
Check Live Subscription →The Laser Power & Infra IPO has received bids for 99,63,24,700 shares against 2,55,86,207 shares offered, resulting in an overall subscription of 38.94x. the NII category is subscribed 43.34x, Retail Investors 6.59x, and QIBs 92.25x. Within the NII category, BNII is subscribed 47.74x, while SNII is subscribed 34.55x.
QIB
92.25x
NII
43.34x
BNII
47.74x
SNII
34.55x
RII
6.59x
Total
38.94x
IPO Reservations
The Retail Individual Investor (RII) category has the highest allocation with 1,27,93,103 shares, representing 50% of the total issue. Qualified Institutional Buyers (QIBs) are allocated 73,10,345 shares (28.57%), while Non-Institutional Investors (NIIs) receive 54,82,759 shares (21.43%).
| Category | Shares Offered | Shares Offered |
|---|---|---|
| Qualified Institutions | 7,310,345 | 28.57% |
| Non-Institutional | 5,482,759 | 21.43% |
| BNII | 3,655,173 | 14.29% |
| SNII | 1,827,586 | 7.14% |
| Retail Investors | 12,793,103 | 50% |
| Total | 25,586,207 | 100% |
Financials Details(₹ in Crores)
| Particular | 31 Mar 2026 | 31 Mar 2025 | 31 Mar 2024 |
|---|---|---|---|
| Assets | 2632.36 | 2270.17 | 1986.99 |
| Revenue | 2347.89 | 2592.53 | 1763.65 |
| Profit After Tax | 151.59 | 106.75 | 40.41 |
| Net Worth | 725.41 | 574.58 | 473.44 |
| Reserve & Surplus | 0 | 0 | 0 |
| Total Borrowings | 828.23 | 502.95 | 393.75 |
Financials Performance
Performance Indicators
EPS Pre
Earnings per share before the IPO.
P/E Pre
IPO Offer Price ÷ EPS Pre.
EPS Post
Expected earnings per share after the IPO..
P/E (Post Issue)
IPO Offer Price ÷ EPS Post.
Laser Power & Infra Limited KPI Information
| Particular | Mar 2026 | Mar 2025 | Mar 2024 |
|---|---|---|---|
| ROE % | 23.32 | 19.76 | 10.41 |
| ROCE % | 17.83 | 17.58 | 12.49 |
| Debt / Equity | 1.1 | 0.67 | 0.61 |
| RoNW % | 20.9 | 18.02 | 8.43 |
| Pat Margin % | 6.46 | 4.12 | 2.29 |
Peers Comparison
| Company | Face Value | PE Ratio | EPS Basic | EPS Diluted | RoNW | Net Assets |
|---|---|---|---|---|---|---|
| Laser Power & Infra Ltd | 5 | 0 | 13.18 | 13.18 | 20.9 | 63.06 |
| Apar Industries Ltd | 10 | 67.05 | 243.21 | 242.81 | 18.11 | 1342.7 |
| Polycab India Ltd | 10 | 56.98 | 177.53 | 176.95 | 22.25 | 797.79 |
| KEI Industries Ltd | 2 | 58.64 | 96.09 | 96.02 | 13.78 | 697.17 |
| Dynamic Cables Ltd | 10 | 21.05 | 17.42 | 17.42 | 18.47 | 94.36 |
About Laser Power & Infra Limited
Laser Power & Infra Limited is an integrated manufacturer of power cables, conductors, and other specialised products used in India's power transmission and distribution sector. With more than 30 years of industry experience, the company has established itself as a leading player in eastern India and has expanded its presence across the country and overseas.
In addition to manufacturing, the company entered the Engineering, Procurement and Construction (EPC) business in 2015, providing turnkey solutions for rural electrification, power distribution infrastructure, and substation installation. This diversification enables Laser Power to offer end-to-end solutions for power infrastructure projects.
The company operates through two business segments:
- Manufacturing: Produces power cables, control cables, speciality cables, conductors, aluminium wire rods, and other power transmission products.
- EPC: Executes turnkey power distribution projects, including rural and urban electrification, substations, and distribution network development.
As of March 31, 2026, Laser Power operated three manufacturing facilities in West Bengal (two at Dhulagarh and one at Kharagpur) with a combined installed manufacturing capacity of 85,448 MT. The strategically located plants near Kolkata and Haldia ports help ensure efficient procurement of raw materials and timely product delivery.
The company has built a strong execution record with a healthy order book of ₹32,434 million as of March 31, 2026. Its operations span 26 Indian states, 4 union territories, and 10 international markets, serving customers across the power transmission and distribution ecosystem.
Competitive Strengths
- Over 30 years of experience in the power transmission and distribution industry.
- One of the leading manufacturers of power cables and conductors in eastern India.
- Strong manufacturing infrastructure with strategically located production facilities.
- Integrated business model combining manufacturing and EPC capabilities.
- Proven track record of successfully executing large and complex EPC projects.
- Well-established relationships with leading government and private sector customers.
- Strong backward integration and efficient supply chain management.
- Strategic collaborations with international partners to enhance technology and capabilities.
Laser Power & Infra IPO Promoters
- Deepak Goel
- Devesh Goel
- Akshat Goel
- Rakhi Goel
Promoters Holding
Holding Pre Issue
100.00%
Holding Post Issue
75.29%
Laser Power & Infra IPO Objective
The Company Laser Power & Infra IPO proposes to utilise the Net Proceeds from the Issue towards the following objects.
- Pre-payment or re-payment, in full or in part, all or a portion of certain outstanding borrowings availed by our Company
- General corporate purposes
Laser Power & Infra Limited Address / Contact Details
Laser Power & Infra Ltd.
4A, Pollock Street,
3rd Floor,Kolkata,
West Bengal, 700001
Phone: +91 33 4822 9195
Email: investor.grievance@laserpowerinfra.com
Website: http://www.laserpowerinfra.com/
IPO Snapshot
Laser Power & Infra IPO Lot Size
The Laser Power & Infra IPO has a lot size of 70 shares. Retail investors require a minimum investment of ₹14,980 by applying for 1 lot (70 shares). The maximum application allowed for the retail category is 13 lots (910 shares), requiring an investment of ₹1,94,740.
| Application | Lots | Shares | Amount (₹) |
|---|---|---|---|
| Retail (Min) | 1 | 70 | 14,980.00 |
| Retail (Max) | 13 | 910 | 194,740.00 |
| S-HNI (Min) | 14 | 980 | 209,720.00 |
| S-HNI (Max) | 66 | 4,620 | 988,680.00 |
| B-HNI (Min) | 67 | 4,690 | 1,003,660.00 |
Issue Reservation
- QIB — 28.57%
- NII — 21.43%
- RII — 50%
Book Running Lead Managers
- IIFL Capital Services Limited
- ICICI Securities Limited
IPO Documents & Links
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Disclaimer: This data is for informational purposes only and does not constitute investment advice.
Frequently Asked Questions
Everything you need to know before applying to an IPO.
What is the Laser Power & Infra IPO?
Laser Power & Infra IPO is a Book-building IPO with a total issue size of ₹742 crore. The Laser Power & Infra IPO price band is ₹203 to 214 per share. The Laser Power & Infra IPO subscription opens on Thu, Jul 9, 2026, and closes on Mon, Jul 13, 2026. The Laser Power & Infra IPO will be listed on the BSE,NSE. MUFG Intime India Private Limited is the registrar for the Laser Power & Infra IPO.
When will the Laser Power & Infra IPO open for subscription?
The Laser Power & Infra IPO opens on Thu, Jul 9, 2026 and closes on Mon, Jul 13, 2026
What is Laser Power & Infra IPO Price Band?
Laser Power & Infra IPO Price Band is ₹203 to 214 per share.
What is Laser Power & Infra IPO Lot Size?
Laser Power & Infra IPO lot size is 70 shares, Retail investors need a minimum investment of ₹14980 based on the upper price band
What is the minimum investment for Laser Power & Infra IPO?
The minimum investment for Laser Power & Infra IPO is ₹14980, based on one lot of 70 shares at the upper price band of ₹214 per share.
How to apply for Laser Power & Infra IPO?
Investors can apply for the Laser Power & Infra IPO through the ASBA (Application Supported by Blocked Amount) facility offered by their bank or through UPI using a SEBI-registered broker or trading app. Select the desired lot size, enter your bid within the price band, and submit the application before Mon, Jul 13, 2026. The application amount remains blocked until the Laser Power & Infra IPO allotment is finalized.
What is Laser Power & Infra IPO Issue Size?
Laser Power & Infra IPO issue size is ₹742 crores.
What is the Laser Power & Infra IPO Allotment Date?
Laser Power & Infra IPO allotment date is Tue, Jul 14, 2026.
Who is the Laser Power & Infra IPO Registrar?
The registrar for Laser Power & Infra IPO is MUFG Intime India Private Limited. Investors can go to MUFG Intime India Private Limited website to check Laser Power & Infra IPO allotment status, refund processing, and other IPO-related information.
What is the Laser Power & Infra IPO GMP?
The Laser Power & Infra IPO GMP (Grey Market Premium) is ₹28 as of Mon, Jul 6, 2026. Based on the upper price band of ₹214 per share, the estimated Laser Power & Infra IPO listing price is ₹242, indicating a potential listing gain of approximately 13.08% over the issue price.
Who is the Laser Power & Infra IPO Lead Manager?
The book-running lead managers (BRLMs) for the Laser Power & Infra IPO are ICICI Securities Limited. The lead managers are responsible for managing the IPO process, including issue structuring, regulatory compliance, marketing the public issue, coordinating with investors, and ensuring a smooth listing process. For complete details, investors should refer to the Laser Power & Infra IPO Red Herring Prospectus (RHP).