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Laser Power & Infra Ltd

IPO Details · GMP · Subscription · Financials

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Issue Price
₹214
Per Share
GMP
+₹28
+13.08% Grey Market
Est. Listing
₹242
Expected Price
Min. Application
₹29,960
2 lots × 70 shares
IPO Issue Details
Issue Price / Price Band₹214 per share (Fixed Price)
Face Value₹5 Per Share
Lot Size70 Shares per Lot
Total Issue Size3,46,72,896 shares (agg. up to ₹742 Cr)
Issue TypeBook Built Issue
Sale Type / CategoryFresh capital cum OFS
Exchange / PlatformNSE & BSE
IPO TypeMainboard
Subscription OpenThu, 09 Jul 2026
Subscription CloseMon, 13 Jul 2026
Anchor AllotmentWed, 08 Jul 2026
Basis of AllotmentTue, 14 Jul 2026
Initiation of RefundsWed, 15 Jul 2026
Credit of Shares to DematWed, 15 Jul 2026
Listing DateThu, 16 Jul 2026
UPI Mandate Deadline5:00 PM on 13 Jul 2026 (Day 3)
Application & Investment Details
Retail — Min (1 Lots)₹14,980 — 70 shares
Retail — Max (13 Lots)₹194,740 (13 Lots)
HNI — Min (3 Lots)₹44,940 — 210 shares
EPS (Pre-IPO)₹13.18
EPS (Post-IPO)₹10.80
P/E Ratio (Pre-IPO)16.24x
P/E Ratio (Post-IPO)19.82x
Pre-IPO Promoter Holding11,50,41,240 shares
Post-IPO Promoter Holding14,03,68,342 shares
Fresh Issue Shares2,53,27,102 shares (agg. up to ₹542 Cr)
Offer for Sale Shares93,45,794 shares of ₹5 (agg. up to ₹200 Cr)
About Laser Power & Infra Ltd

Laser Power & Infra Ltd. is an 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 developmentAs 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 baseStrategic partnerships and collaboration with international players.

Objects of the Issue

Laser Power & Infra Ltd proposes to utilise the net proceeds from the Issue for the following objects:

1
Pre-payment or re-payment, in full or in part, of all or a portion of certain outstanding borrowings availed by the Company
490.00
2
General Corporate Purposes
Shareholding & Lock-in
Pre-IPO Promoter Holding 11,50,41,240 shares
Post-IPO Promoter Holding 14,03,68,342 shares
Lock-in Period (30%)Thu, Aug 13, 2026
Lock-in Period (50%)Mon, Oct 12, 2026
Check AllotmentCheck Status →
Laser Power & Infra Ltd — Live Price LIVE
₹214.00
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Issue ₹214.00 GMP: +₹28 (+13.08%) Live Price
Quick Facts
GMP Signal🟢 Positive
StatusClosed
Issue Price₹214
GMP+₹28
Est. Listing₹242
Lot Size70 shares
Min Amount₹29,960
Listing Date16 Jul 2026
Disclaimer: GMP is unofficial and unregulated. It does not guarantee actual listing price.
Listing Performance
Issue Price₹214
Listing Date16 Jul 2026
Listing Price
Listing Gain/Loss—%
52-Week High
52-Week Low
Issue Structure & Reservation
Category Shares Offered % Issue Amount (₹ Cr)* Subscription
QIB (Ex Anchor) 6,934,582 ₹148.40 Cr 97.25x
NII / HNI 5,200,935 ₹111.30 Cr 45.69x
Retail (RII) 12,135,514 ₹259.70 Cr 6.95x
TOTAL 24,271,031 100.00% ₹519.40 Cr 41.05x
* Based on ₹214.00 (upper price band)
Day-wise Subscription
QIB
97.25x
NII / HNI
45.69x
Retail
6.95x
Total
41.05x
Subscribed
Lot Size & Investment Details
Lot Size
70
Shares
Issue Price
₹214.00
Per Share
Min Investment
₹14,980
1 Lot
Category Lots Shares Amount (₹)
Retail (Min) 1 70 ₹14,980
Retail (Max) 13 910 ₹194,740
sNII (Min) 14 980 ₹209,720
bNII (Min) 68 4,760 ₹1,018,640
Company Financials — Restated Consolidated (Amount in ₹ Crore)
Particulars31 Mar 202631 Mar 202531 Mar 2024
Revenue from Operations 2347.89 2592.53 1763.65
EBITDA 301.44 250.39 156.10
Profit After Tax (PAT) 151.59 106.75 40.41
Net Worth 725.41 574.58 473.44
Total Assets 2632.36 2270.17 1986.99
Reserves & Surplus N/A N/A N/A
Total Borrowings 828.23 502.95 393.75
Key Ratios & Valuation
Issue Price ₹214
Face Value ₹5 Per Share
P/BV 3.39
RoE 23.32
RoCE 17.83
RoNW 20.90
PAT Margin (%) 6.46
EBITDA Margin (%) 12.96
Debt / Equity 1.10
Company Details
Company
Laser Power & Infra Ltd
Exchange
NSE & BSE
IPO Type
Mainboard IPO
Issue Type
Book Built Issue
Face Value
₹5 Per Share
Script Code
N/A
Address
4A, Pollock Street, 3rd Floor, Kolkata, West Bengal, 700001
Book Running Lead Managers
IIFL Capital Services Ltd
Book Running Lead Manager (BRLM)
ICICI Securities Ltd
Book Running Lead Manager (BRLM)