Bookbuilding IPO | ₹742 Cr | Listed at BSE, NSE | Thu, Jul 9, 2026 - Mon, Jul 13, 2026
Laser Power & Infra IPO is a book build issue of ₹742.00 crores. The issue is a combination of fresh issue of 2.53 crore shares aggregating to ₹542.00 crores and offer for sale of 0.93 crore shares aggregating to ₹200.00 crores.
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.
Laser Power & Infra IPO is set final issue price at ₹214 per share. The lot size for an application is 70 shares. The minimum amount of investment required by an individual investor (retail) is ₹14,980 (70 shares) (based on upper price). The lot size investment for sNII is 14 lots (980 shares), amounting to ₹2,09,720, and for bNII, it is 67 lots (4,690 shares), amounting to ₹10,03,660.
IIFL Capital Services Ltd. is the book running lead manager and MUFG Intime India Pvt.Ltd. is the registrar of the issue.
Refer to Laser Power & Infra IPO RHP for detailed Information.
IPO Open
Thu, Jul 9, 2026
IPO Close
Mon, Jul 13, 2026
Issue Price
₹214 per share
Market Cap (Pre-IPO)
₹3,003.88 Cr
| IPO Date | 9 to 13 Jul, 2026 |
| Listed on | Thu, Jul 16, 2026 |
| Face Value | ₹5 per share |
| Price Band | ₹203 to ₹214 |
| Issue Price | ₹214 per share |
| Lot Size | 70 Shares |
| Sale Type | Fresh capital cum OFS |
| Issue Type | Bookbuilding IPO |
| Listing At | BSE, NSE |
| Total Issue Size | 3,46,72,895 shares (agg. up to ₹742 Cr) |
| Fresh Issue | 2,53,27,102 shares (agg. up to ₹542 Cr) |
| Offer for Sale | 93,45,793 shares of ₹5 (agg. up to ₹200 Cr) |
| Share Holding Pre Issue | 11,50,41,240 shares |
| Share Holding Post Issue | 14,03,68,342 shares |
| BSE Script Code / NSE Symbol | 544822 / LASERPOWER |
| ISIN | INE17IR01028 |
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.
| Investor Category | Shares Offered | % of Total Issue | Max Allottees |
|---|---|---|---|
| QIB Shares Offered | 1,73,36,446 | 50.00% | NA |
| − Anchor Investor Shares Offered | 1,04,01,867 | 30.00% | NA |
| − QIB (Ex. Anchor) Shares Offered | 69,34,579 | 20.00% | NA |
| NII (HNI) Shares Offered | 52,00,935 | 15.00% | NA |
| − bNII > ₹10L | 34,67,290 | 10.00% | 3,538 |
| − sNII < ₹10L | 17,33,645 | 5.00% | 1,769 |
| Retail Shares Offered | 1,21,35,514 | 35.00% | 1,73,364 |
| Total Shares Offered | 3,46,72,895 | 100.00% |
Investors can bid for a minimum of 70 shares and in multiples thereof.
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (Min) | 1 | 70 | ₹14,980 |
| Retail (Max) | 13 | 910 | ₹1,94,740 |
| S-HNI (Min) | 14 | 980 | ₹2,09,720 |
| S-HNI (Max) | 66 | 4,620 | ₹9,88,680 |
| B-HNI (Min) | 67 | 4,690 | ₹10,03,660 |
Laser Power & Infra IPO raises ₹222.60 crore from anchor investors. Laser Power & Infra IPO Anchor bid date is July 8, 2026.
📝 Anchor Investors Letter (PDF)
| Bid Date | Wed, Jul 8, 2026 |
| Shares Offered | 1,04,01,867 |
| Anchor Portion (₹ Cr.) | 222.60 |
| Anchor lock-in period end date for 50% shares (30 Days) | Thu, Aug 13, 2026 |
| Anchor lock-in period end date for remaining shares (90 Days) | Mon, Oct 12, 2026 |
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:
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:
Laser Power & Infra Ltd.'s revenue decreased by 9% and profit after tax (PAT) rose by 42% between the financial year ending with March 31, 2026 and March 31, 2025.
| Period Ended | 31 Mar 2026 | 31 Mar 2025 | 31 Mar 2024 |
|---|---|---|---|
| Assets | 2,632.36 | 2,270.17 | 1,986.99 |
| Total Income | 2,347.89 | 2,592.53 | 1,763.65 |
| Profit After Tax | 151.59 | 106.75 | 40.41 |
| EBITDA | 301.44 | 250.39 | 156.10 |
| NET Worth | 725.41 | 574.58 | 473.44 |
| Total Borrowing | 828.23 | 502.95 | 393.75 |
| Amount in ₹ Crore | |||
| Company | Issue Type | Issue Size | Issue Price | PE Ratio | Listing Day Close | Listing Gain/Loss % | LTP |
|---|---|---|---|---|---|---|---|
| Susan Electricals India Ltd. | SME | ₹70.38 Cr | ₹127 | 10.85 | ₹195.30 | +53.78% | ₹240.00 (-5.12%) |
| Systematic Industries Ltd. | SME | ₹115.60 Cr | ₹195 | 17.75 | ₹196.45 | +0.74% | ₹193.55 (+0.16%) |
| Prime Cable Industries Ltd. | SME | ₹40.04 Cr | ₹83 | 15.6 | ₹78.30 | -5.66% | ₹179.55 (-5.00%) |
| JD Cables Ltd. | SME | ₹95.99 Cr | ₹152 | 11.66 | ₹157.90 | +3.88% | ₹239.80 (-2.48%) |
| Bhadora Industries Ltd. | SME | ₹55.62 Cr | ₹103 | 12.6 | ₹105.95 | +2.86% | ₹89.75 (-0.88%) |
The Company proposes to utilise the Net Proceeds from the Issue towards the following objects:
| # | Issue Objects | Est Amt (₹ Cr.) |
|---|---|---|
| 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 | 21.15 |
| 3 | Issue Expenses | 42.24 |
| Total | 553.38 |
| KPI | Mar 31, 2026 |
|---|---|
| ROE | 23.32% |
| ROCE | 17.83% |
| Debt/Equity | 1.10 |
| RoNW | 20.90% |
| PAT Margin | 6.46% |
| EBITDA Margin | 12.96% |
| Price to Book Value | 3.39 |
| Pre IPO | Post IPO | |
|---|---|---|
| EPS (₹) | 13.18 | 10.80 |
| P/E (x) | 16.24 | 19.82 |
| Promoter Holding | 100% | 75.29% |
| Market Cap | ₹3,003.88 Cr. |
The Laser Power & Infra IPO is subscribed 41.05 times on July 13, 2026 6:54:42 PM (Day 3). The public issue subscribed 6.95 times in the retail category, 97.25 times in the QIB category, and 45.69 times in the NII category. Check Day by Day Subscription Details (Live Status)
| Category | Subscription (x) | Shares Offered | Shares bid for |
|---|---|---|---|
| QIB (Ex Anchor) | 97.25 | 69,34,582 | 67,43,66,280 |
| NII | 45.69 | 52,00,935 | 23,76,39,710 |
| bNII (> ₹10L) | 50.32 | 34,67,290 | 17,44,90,890 |
| sNII (< ₹10L) | 36.43 | 17,33,645 | 6,31,48,820 |
| Retail | 6.95 | 1,21,35,514 | 8,43,18,710 |
| Total | 41.05 | 2,42,71,031 | 99,63,24,700 |
Total Applications: 11,53,140
| # | Issue Expenses | Est Amt (₹ Cr.) |
|---|---|---|
| 1 | Fees payable to the BRLMs including underwriting commission, brokerage and selling commission, as applicable | 24.08 |
| 2 | Commission and processing fees for SCSBs, Bankers to the Offer and Bidding Charges for Members of the Syndicate, Registered Brokers, RTAs and CDPs | 1.76 |
| 3 | Fees payable to the Registrar to the Offer | 0.17 |
| 4 | Listing fees, SEBI and Stock Exchange filing fees, book building software fees, NSDL and CDSL fee and other regulatory expenses | 4.55 |
| 5 | Printing and stationery expenses | 0.66 |
| 6 | Fees payable to the Statutory Auditor, industry service provider, independent chartered engineer and practicing company secretary | 1.08 |
| 7 | Advertising and marketing expenses for the Offer | 3.70 |
| 8 | Fees payable to the legal counsels to the Offer | 4.14 |
| 9 | Miscellaneous | 2.11 |
| Total | 42.24 |
| Price Details | BSE | NSE |
|---|---|---|
| Final Issue Price | ₹214.00 | ₹214.00 |
| Open | ₹269.00 | ₹250.00 |
| Low | ₹250.00 | ₹250.00 |
| High | ₹269.80 | ₹270.00 |
| Last Trade | ₹262.85 | ₹262.42 |
Lead Manager Reports
Laser Power & Infra IPO is a main-board IPO of 3,46,72,895 equity shares of the face value of ₹5 aggregating up to ₹742 Crores. The issue is priced at ₹214 per share. The minimum order quantity is 70.
The IPO opens on Thu, Jul 9, 2026, and closes on Mon, Jul 13, 2026.
MUFG Intime India Pvt.Ltd. is the registrar for the IPO. The shares are proposed to be listed on BSE, NSE.
Zerodha customers can apply online in Laser Power & Infra IPO using UPI as a payment gateway. Zerodha customers can apply in Laser Power & Infra IPO by login into Zerodha Console (back office) and submitting an IPO application form.
Steps to apply in Laser Power & Infra IPO through Zerodha
Visit Zerodha IPO Application Process Review for more detail.
The Laser Power & Infra IPO opens on Thu, Jul 9, 2026 and closes on Mon, Jul 13, 2026.
Laser Power & Infra IPO lot size is 70, and the minimum amount required for application is ₹14,980.
You can apply in Laser Power & Infra IPO online using either UPI or ASBA as a payment method. ASBA IPO application is available in the net banking of your bank account. UPI IPO Application is offered by brokers who don't offer banking services. Read more detail about applying IPO online through Zerodha, Upstox, 5Paisa, Nuvama, HDFC Bank, and SBI Bank.
The finalization of Basis of Allotment for Laser Power & Infra IPO will be done on Tuesday, July 14, 2026, and the allotted shares will be credited to your demat account by Wed, Jul 15, 2026. Check the Laser Power & Infra IPO allotment status.
The Laser Power & Infra IPO listing date is on Thu, Jul 16, 2026.
