Laser Power & Infra IPO

Listed Mainboard
Min Investment
₹14,980
70 Shares
Min Investment
₹14,980 · 70 Shares
Open Jul 09
Close Jul 13
Allotment Jul 14
Refund Jul 15
Listing Jul 16

Market Sentiment

+Rs 43
+20.1%
Est. Listing: Rs 257
Updated: Jul 14, 2026 9:47 pm
Subscription Status
QIB
53.61x
NII
32.87x
bNII (>10L)
38.46x
sNII (2-10L)
27.02x
Retail
4.69x
Total
24.70x
Updated: Jul 13, 2026 5:00 pm IST
Analysis Score 77 / 100
Data: 80%
GMP Score 75
Subscription Score 95
Financial Health 46
Score updates live as GMP/subscription change. For information only — not investment advice.

IPO Details

Issue Price₹203-214 per equity share
Face Value₹5 Per Equity Share
Lot Size 70 shares (Min ₹14,980)
Total Issue Size ₹742.00 crore
Fresh Share₹542.00 crore
Offer For Sale₹200.00 crore
Issue TypeBook Building Issue
Lead ManagerIIFL Capital Services Ltd., ICICI Securities Ltd.
RegistrarMUFG Intime India Pvt.Ltd.
Listing atBoth
NSE SymbolLASERPOWER
ISIN
Listing Price₹250.00
Listing Gain+16.82%

Market Lot Size

Category Lots Shares Amount (₹)
Retail Minimum 1 70 ₹14,980
Retail Maximum 13 910 ₹1,94,740
S-HNI Minimum 14 980 ₹2,09,720
S-HNI Maximum 66 4,620 ₹9,88,680
B-HNI Minimum 67 4,690 ₹10,03,660
Budget to Lots Calculator

IPO Reservation

Category Shares Offered Shares %
QIB69,34,58228.57%
NII (HNI)52,00,93521.43%
bNII > ₹10L34,67,29014.29%
sNII < ₹10L17,33,6457.14%
Retail1,21,35,51450.00%
Anchor1,04,01,86742.86%
Total2,42,71,031100.00%

Day-wise Subscription (times subscribed)

Category Day 1 Day 2 Day 5
QIB 0.00x 0.64x 53.61x
NII 0.14x 1.53x 32.87x
bNII > ₹10L 0.10x 1.44x 38.46x
sNII 2-10L 0.25x 1.95x 27.02x
Retail 0.17x 0.59x 4.69x
Total 0.11x 0.80x 24.70x

Financial Analysis

Financial Data
EPS (Pre)
Rs 13.18
ROE
23.32%
ROCE
17.83%
RoNW
20.90%
EBITDA Margin
12.96%
Debt/Equity
1.10
NAV/Share
Rs 63.06
Revenue Growth
-9.44%
Profit Margin
6.46%
Financial Performance
Metric 2023 2024 2025 2026
Revenue 1,324.85 1,763.65 2,592.53 2,347.89
Expense 1,290.17 1,709.60 2,454.39 2,187.03
Profit (PAT) 23.19 40.41 106.75 151.59
Total Assets 1,361.49 1,986.99 2,270.17 2,632.36
Values in Crores (₹)
Peer Comparison
Company EPS P/E RoNW % NAV Income
Apar Industries Limited 243.21 67.05 18.11 1,342.70 22,902.12 Cr
Polycab India Limited 177.53 56.98 22.25 797.79 28,883.79 Cr
KEI Industries Limited 96.09 58.64 13.78 697.17 11,747.77 Cr
Dynamic Cables Limited 17.42 21.05 18.47 94.36 1,197.82 Cr
Universal Cables Limited 47.01 27.09 8.63 545.03 3,022.67 Cr
Promoters & Holding Pattern

Promoters: Deepak Goel, Devesh Goel, Akshat Goel and Rakhi Goel

Shareholding No. of Shares Holding %
Promoter Holding Pre Issue 11,50,41,240 100.00%
Promoter Holding Post Issue 14,03,68,342 75.29%

Strengths & Risks

Strengths
  • Heavily oversubscribed — 24.7x overall (so far).
  • Strong institutional (QIB) demand — 53.6x.
  • Strong return on equity — 23%.
  • Mostly fresh capital — proceeds fund the company's growth, not an exit.
Risks & Concerns
  • Revenue fell 9% in the latest reported year.
  • Elevated leverage — debt/equity of 1.10.

Auto-generated from live GMP, subscription, valuation and financial data. Informational only — not investment advice. Always read the RHP before applying.

Company Information

About Laser Power & Infra

Laser Power & Infra Ltd. is one of India’s leading manufacturers of power cables, conductors, and other specialised products and components of the power transmission and distribution industry. The firm expanded its business by entering the Engineering, Procurement, and Construction (EPC) segment in the Power distribution sector, Rural electrification projects, and Power distribution infrastructure development, and installation of substations. Its business consists of the manufacturing of power and control cables, speciality products, and conductors, and EPC of turnkey solutions. The firm operates across 26 states and four union territories in India, including West Bengal, Bihar, Jharkhand, Odisha, Assam, and Madhya Pradesh, and 10 countries.

Objects of the Issue
Purpose Amount (Cr)
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
General Corporate Purpose -

Resources & Documents

Anchor Investors
Anchor Bidding Date
July 08, 2026
Shares Offered to Anchors
1,04,01,867
Lock-in End (30 Days, 50%)
August 13, 2026
Lock-in End (90 Days, 50%)
October 12, 2026
Company Contact Information

Laser Power & Infra Ltd., 4A,, Pollock Street,, 3rd Floor,, Kolkata, West Bengal, 700001

Laser Power & Infra IPO — Quick Take

Laser Power & Infra has set a price band of Rs 203–Rs 214 per share for an issue size of Rs 742 crore. The stock listed with a 16.82% gain versus its issue price on July 16, 2026.

Laser Power & Infra Ltd. is one of India’s leading manufacturers of power cables, conductors, and other specialised products and components of the power transmission and distribution industry.

The issue is promoted by Deepak Goel, Devesh Goel, Akshat Goel and Rakhi Goel with IIFL Capital Services Ltd., ICICI Securities Ltd. acting as lead manager. Net proceeds will primarily be used towards Pre-payment or re-payment, in full or in part, of all or a portion of certain outstanding borrowings availed by the Comp… (Rs 490 crore) and General Corporate Purpose.

Grey market is quoting a premium of +Rs 43 (+20.1% over issue price), down Rs 3 from the previous session. Final subscription data records overall subscription at 24.70x, retail at 4.69x, QIB at 53.61x, NII at 32.87x.

On fundamentals, the company is posting revenue growth of -9.4%, a profit margin of 6.5%, return on equity of 23.3% in its most recent reported period. Listed peers in this segment include Apar Industries Limited (P/E 67.05x) and Polycab India Limited (P/E 56.98x) — useful reference points when evaluating the issue's pricing relative to where the broader sector are trading.

Our data-driven engine currently flags this issue as a Subscribe call — the composite picture tilts favourable, though not without some caveats. Past performance does not predict future returns — review the price chart and peer comparison below before trading.

Frequently Asked Questions

The price band of Laser Power & Infra IPO is Rs 203 to Rs 214 per share. Face value is Rs 5 per share.

The total issue size of Laser Power & Infra IPO is Rs 742 crore, comprising fresh issue of Rs 542 crore and offer for sale (OFS) of Rs 200 crore.

Retail investors must apply for a minimum of 1 lot of 70 shares, requiring an investment of Rs 14,980. Maximum retail application is 13 lots (910 shares, approx Rs 1,94,740).

Laser Power & Infra IPO opens for subscription on July 09, 2026 and closes on July 13, 2026. Anchor investor bidding is scheduled for July 08, 2026.

The expected allotment date for Laser Power & Infra IPO is July 14, 2026. Refunds for unsuccessful applicants are expected on July 15, 2026.

Laser Power & Infra IPO is scheduled to list on July 16, 2026 on both BSE and NSE. BSE script code: –, NSE symbol: LASERPOWER, ISIN: –.

The current GMP (Grey Market Premium) of Laser Power & Infra IPO is +Rs 43 (+20.1% over issue price). GMP is an unofficial grey market indicator and may change through the subscription window. See the GMP chart on this page for the full trend.

Laser Power & Infra IPO is currently subscribed 24.70 times overall — retail at 4.69x, QIB at 53.61x, NII at 32.87x. Live subscription data updates multiple times per day on open-issue days.

Based on the current retail subscription of 4.69x for Laser Power & Infra IPO, the estimated retail allotment probability is approximately 21.3%. This is a moderate probability of allotment.

The registrar for Laser Power & Infra IPO is MUFG Intime India Pvt.Ltd.. After the allotment date, you can check your allotment status on the registrar's official website by entering your PAN, application number, or demat account details. Allotment status is also available on the BSE and NSE websites.

The book running lead manager(s) for Laser Power & Infra IPO are IIFL Capital Services Ltd., ICICI Securities Ltd..

The promoter(s) of Laser Power & Infra are Deepak Goel, Devesh Goel, Akshat Goel and Rakhi Goel.

Laser Power & Infra IPO GMP — What It Means

The latest grey market premium for Laser Power & Infra IPO is ₹43 (+20.1%). GMP is an unofficial, dealer-quoted figure that hints at expected listing-day demand — it is not a guaranteed listing price. For Laser Power & Infra it should be read alongside the subscription numbers and the company's fundamentals, since grey-market premiums can swing sharply during the bidding window.

See the full Laser Power & Infra GMP history and trend, or learn how grey market premium works and how reliable it is.

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