{"id":6805,"date":"2026-07-09T13:04:26","date_gmt":"2026-07-09T13:04:26","guid":{"rendered":"https:\/\/www.paytmmoney.com\/blog\/?p=6805"},"modified":"2026-07-09T13:05:24","modified_gmt":"2026-07-09T13:05:24","slug":"laser-power-infra-ipo-review","status":"publish","type":"post","link":"https:\/\/www.paytmmoney.com\/blog\/laser-power-infra-ipo-review\/","title":{"rendered":"Laser Power & Infra IPO Review: Key Details, Company Overview, Industry Context & Financials"},"content":{"rendered":"

Laser Power & Infra IPO is launching a book-built issue aggregating to \u20b9742 crore. The public issue comprises a fresh issue of 2.53 crore equity shares aggregating to \u20b9542 crore and an Offer for Sale (OFS) of 0.93 crore equity shares aggregating to \u20b9200 crore by existing shareholders.<\/span><\/p>\n

The IPO will open for subscription on July 9, 2026, and close on July 13, 2026. The basis of allotment is expected to be finalised on July 14, 2026, with refunds and credit of shares scheduled for July 15, 2026. The equity shares are proposed to be listed on both the BSE and NSE with a tentative listing date of July 16, 2026.<\/span><\/p>\n

The price band for the issue has been fixed at \u20b9203-\u20b9214 per share. Investors can apply for a minimum one lot of 70 shares, requiring a minimum retail investment of \u20b914,980 at the upper price band.<\/span><\/p>\n

For Non-Institutional Investors (NIIs), the small NII (sNII) category requires a minimum application of 14 lots (980 shares) amounting to \u20b92,09,720, while the big NII (bNII) category requires 67 lots (4,690 shares) amounting to \u20b910,03,660.<\/span><\/p>\n

IIFL Capital Services Limited and ICICI Securities Limited are acting as the Book Running Lead Managers (BRLMs) for the issue, while MUFG Intime India Private Limited has been appointed as the registrar.<\/span><\/p>\n

(Source:<\/strong> RHP<\/a>)<\/span><\/em><\/p>\n

Company Overview<\/strong><\/h2>\n

Incorporated in 1988, Laser Power & Infra Limited is an integrated manufacturer of power cables, conductors, and specialised products catering to India’s power transmission and distribution sector. Over the years, the company has expanded beyond manufacturing into the engineering, procurement and construction (EPC) business, providing turnkey power infrastructure solutions across rural and urban electrification projects.<\/span><\/p>\n

The company operates through two business verticals. Its Manufacturing Division produces power cables, control cables, speciality cables and conductors, while its EPC Division undertakes projects related to power distribution infrastructure, rural electrification, substations and turnkey execution.<\/span><\/p>\n

As of March 31, 2026, Laser Power & Infra operated three manufacturing facilities located in West Bengal with a combined installed manufacturing capacity of 85.448 MT. The company has established operations across 26 states and four Union Territories in India and exports its products to 10 countries. <\/span>The company reported an order book of approximately \u20b93,243.40 crore as of March 31, 2026, providing strong revenue visibility across both manufacturing and EPC operations.<\/span><\/p>\n

(Source:<\/strong> RHP<\/a>)<\/span><\/em><\/p>\n

Industry Context<\/strong><\/h2>\n