Laser Power & Infra IPO

Get the latest Laser Power & Infra IPO details, including issue size, price band, lot size, IPO dates, GMP, subscription status, allotment, listing date, financials, review, and key investment information.

Upcoming 742.00 BSE, NSE
Issue size 3,46,72,895 Price band ₹203 – ₹214Face value 5Lot size 70 sharesUpdated Jul 31, 2026

Laser Power & Infra IPO Details

Laser Power & Infra IPO bidding started from Jul 9, 2026 and ended on Jul 13, 2026. The allotment for Laser Power & Infra IPO was finalized on Jul 14, 2026. The shares got listed on NSE and BSE on Jul 16, 2026.

IPO Open Date
Jul 9, 2026
IPO Close Date
Jul 13, 2026
Price Band
₹203 – ₹214
Face Value
5
Lot Size
70 Shares
Listing Date
Jul 16, 2026
Total Issue Size
3,46,72,895
Fresh Issue
2,53,27,102
Offer for Sale
93,45,793
Issue Type
742.00
Min Investment
₹14,980
Registrar

Laser Power & Infra IPO Timeline (Tentative)

The timeline below provides the important dates for the Laser Power & Infra IPO, including the IPO opening and closing dates, allotment, refunds, demat credit, and listing schedule.

EventTentative Date
IPO Open DateThu, Jul 9, 2026
IPO Close DateMon, Jul 13, 2026
Basis of AllotmentTue, Jul 14, 2026
Initiation of RefundsWed, Jul 15, 2026
Credit of Shares to DematWed, Jul 15, 2026
Listing DateThu, Jul 16, 2026
IPO OpensJuly 9, 2026
IPO ClosesJuly 13, 2026
Basis of AllotmentJuly 14, 2026
Refund InitiationJuly 15, 2026
Shares Credited to DematJuly 15, 2026
Listing DateJuly 16, 2026

Laser Power & Infra IPO Lot Size

Investors can bid for a minimum of 70 shares and in multiples thereof.

ApplicationLotsSharesAmount (₹)
Retail (Min)17014,980
Retail (Max)139101,94,740
S-HNI (Min)149802,09,720
S-HNI (Max)664,6209,88,680
B-HNI (Min)674,69010,03,660

Laser Power & Infra IPO Reservation

Laser Power & Infra IPO comprises a total issue size of 3,46,72,895 shares. Out of which, 1,73,36,446 (50.00%) are allocated to QIB, 52,00,935 (15.00%) allocated to NII 1,21,35,514 (35.00%) allocated to RII.

QIB 50% NII 15% Retail 35%

Laser Power & Infra IPO Subscription

The subscription status reflects investor participation across Qualified Institutional Buyers (QIBs), Non-Institutional Investors (NIIs), and Retail Individual Investors (RIIs). Strong subscription generally indicates healthy demand for the IPO.

CategorySubscription (times)
QIB97.25
NII/HNI45.69
Retail6.95
Total41.05

About Laser Power & Infra

Incorporated in 1988, Laser Power & Infra Ltd. is a Kolkata-based integrated manufacturer of power cables, conductors and other specialised products and components to the power transmission and distribution industry in India.

The company strategically expanded their business by entering the engineering, procurement, and construction (“EPC”) segment in power distribution sector, focusing on rural electrification projects, power distribution infrastructure development, and installation of substations, among other turnkey solutions.

As of March 31, 2026, the company operate three Manufacturing Units each located at West Bengal, India, which have a combined installed capacity of 85.448 MT.

Business Segments:

  • Manufacturing: Manufacturing of power and control cables, speciality products, and conductors.
  • EPC: Turnkey solutions for rural and urban electrification, distribution, and power infrastructure development

As of Mar 31, 2026, it has an order book of ₹32,434 million.

As of Mar 31, 2026, it operates across 26 states and four union territories in India including West Bengal, Bihar, Jharkhand, Odisha, Assam, and Madhya Pradesh and 10 countries.

Competitive Strengths:

  • One of the leading players in terms of manufacturing capacity for power cables and conductors in East India.
  • Strong manufacturing capabilities, through strategically located manufacturing units.
  • Robust execution capabilities, with a track record of executing and handling complex EPC projects successfully and strong backward integration capabilities.
  • Established track record with a marquee customer base
  • Strategic partnerships and collaboration with international players.

Strengths

  • Integrated manufacturer of power cables, conductors, and transmission products.
  • Strong presence in the power transmission and distribution sector.
  • Well-established relationships with government utilities and EPC customers.
  • Multiple manufacturing facilities with integrated production capabilities.
  • Benefits from increasing investment in India's power infrastructure.
  • Experienced management team with long industry experience.
  • Fresh issue proceeds are proposed to strengthen the balance sheet and support future growth.

Risks to Consider

  • Business depends significantly on government infrastructure spending.
  • Fluctuations in copper, aluminium, and other raw material prices may impact margins.
  • Capital-intensive operations require continuous investment.
  • High competition in the power cable and EPC industry.
  • Delays in project execution may affect revenue recognition.
  • Customer concentration with government and utility clients could affect cash flows.
  • Investors should carefully review the Risk Factors section of the Red Herring Prospectus (RHP) before making an investment decision.

Laser Power & Infra Financials (₹ Cr)

The following table presents the key financial highlights of Laser Power & Infra, including revenue, profit after tax (PAT), total assets, and net worth for the reported financial years. These figures help investors evaluate the company's financial performance before investing in the IPO.

PeriodRevenuePATTotal AssetsNet Worth
FY2026To be UpdatedTo be UpdatedTo be UpdatedTo be Updated
FY2025To be UpdatedTo be UpdatedTo be UpdatedTo be Updated
FY2024To be UpdatedTo be UpdatedTo be UpdatedTo be Updated

KPIs & Valuation

The following key financial and valuation metrics help investors assess the company's profitability, operational efficiency, leverage, and overall valuation before making an investment decision.

ROE
23.32
ROCE
17.83
RoNW
20.90
PAT Margin
6.46
EBITDA Margin
12.96
Debt-to-Equity Ratio
1.10
EPS
13.18
P/E Ratio
16.24
NAV
63.06
Book Value per Share
3.39
Pre-IPO EPS
13.18
Post-IPO EPS
10.80
Pre-IPO P/E
16.24
Post-IPO P/E
19.82

Objects of the Issue

The company intends to utilize the net proceeds from the fresh issue for various business objectives aimed at strengthening its financial position and supporting future expansion plans.

  • Repayment or prepayment of certain outstanding borrowings.
  • Funding working capital requirements.
  • Capital expenditure for manufacturing capacity expansion.
  • Investment in plant, machinery, and technology upgrades.
  • General corporate purposes.

Promoters, Lead Managers & Registrar

The table below provides details of the promoters and key intermediaries associated with the Laser Power & Infra IPO. These entities are responsible for managing the IPO process, ensuring regulatory compliance, handling investor services, and completing the share allotment process.

Promoters

Existing Promoters and Promoter Group

Lead Managers (BRLM)

IIFL Capital Services Ltd. (Past IPO Performance)ICICI Securities Ltd. (Past IPO Performance)Lead Manager ReportsLead Manager Performance SummaryLead Manager Performance Tracker

Laser Power & Infra IPO Review

Laser Power & Infra Limited is engaged in manufacturing power cables, conductors, and related transmission products while also executing EPC projects for the power sector. The company benefits from India's increasing investments in power infrastructure, transmission networks, renewable energy, and grid modernization.

The company has established relationships with government utilities, electricity boards, and private infrastructure companies. Its integrated manufacturing capabilities and diversified product portfolio position it well to capitalize on long-term opportunities in the power and infrastructure sectors.

However, investors should consider factors such as fluctuations in raw material prices, project execution risks, dependence on government spending, working capital requirements, and competition within the electrical equipment industry. Investors are advised to evaluate the company's financial performance, valuation, future growth prospects, and the Red Herring Prospectus (RHP) before making an investment decision.

How to Apply

Investors can apply for the Laser Power & Infra IPO through the ASBA (Application Supported by Blocked Amount) facility provided by banks or through the UPI-based IPO application process available on registered stock broker platforms.

Step 1: Log in to Your Trading Account

Sign in to your stock broker's website or mobile application that supports IPO investments.

Step 2: Select the IPO

Navigate to the IPO section and select Laser Power & Infra IPO from the list of available public issues.

Step 3: Enter Bid Details

Choose the number of lots you wish to apply for and enter your preferred bid price within the specified price band. Retail investors may also select the Cut-off Price where applicable.

Step 4: Submit UPI ID or Use ASBA

Enter a valid UPI ID to complete the application or apply through your bank's ASBA facility using net banking.

Step 5: Submit the Application

Review all the entered details carefully and submit the IPO application before the issue closing date.

Step 6: Approve the UPI Mandate

If applying through UPI, approve the payment mandate request in your UPI application before the specified deadline. For ASBA applications, the application amount remains blocked in your bank account until the allotment process is completed.

Step 7: Check Allotment Status

After the basis of allotment is finalized, investors can check the allotment status through the registrar's website or the IPO allotment section available on TheTopStockBroker.

Prospectus & Documents

The following documents provide detailed information about the Laser Power & Infra IPO, including the company's business operations, financial statements, risk factors, objects of the issue, management discussion, and statutory disclosures. Investors should carefully review these official documents before making an investment decision.

Last updated Jul 31, 2026.

Frequently Asked Questions

Laser Power & Infra IPO is a book-built public issue comprising a fresh issue of equity shares and an Offer for Sale (OFS).

The IPO price band is ₹203 to ₹214 per equity share.

The IPO opened on 9 July 2026 and closed on 13 July 2026.

The minimum application size is 70 equity shares.

At the upper price band, the minimum investment required for retail investors is ₹14,980.