Laser Power & Infra IPO
Market Sentiment
IPO Details
Day-wise Subscription (times subscribed)
| Category | Day 1 | Day 2 | Day 5 |
|---|---|---|---|
| QIB | 0.00x | 0.64x | 56.51x |
| NII | 0.14x | 1.53x | 34.65x |
| bNII > ₹10L | 0.10x | 1.44x | 38.46x |
| sNII 2-10L | 0.25x | 1.95x | 27.02x |
| Retail | 0.17x | 0.59x | 4.95x |
| Total | 0.11x | 0.80x | 26.04x |
Market Lot Size
IPO Reservation
Financial Analysis
Financial Data
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 |
Peer Comparison
| Company | EPS | P/E | RoNW % | NAV | Income |
|---|---|---|---|---|---|
| Laser Power & Infra This IPO | 13.18 | - | 20.90 | 63.06 | - |
| 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
- Heavily oversubscribed — 26.0x overall (so far).
- Strong institutional (QIB) demand — 56.5x.
- Strong return on equity — 23%.
- Mostly fresh capital — proceeds fund the company's growth, not an exit.
- Revenue fell 9% in the latest reported year.
- Elevated leverage — debt/equity of 1.10.
Compiled from this issue's live GMP, subscription, valuation and financial data, and updated as those figures change. 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.
Company Contact Information
Laser Power & Infra Ltd., 4A,, Pollock Street,, 3rd Floor,, Kolkata, West Bengal, 700001
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
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.
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.
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 is trading.
On our data-signal score, the combined signals for this issue currently read strong — the composite picture tilts positive, though not without some caveats. This is a summary of public data, not a recommendation to apply or skip. Past performance does not predict future returns — review the price chart and peer comparison below before trading.
Frequently Asked Questions
Laser Power & Infra IPO GMP — What It Means
GMP stops mattering once the shares trade — it only ever estimated the listing price. The summary at the top of this page compares the last pre-listing GMP with how the shares actually listed. Its last GMP before listing was 20.1%. Of the 24 Mainboard IPOs we have tracked with a final GMP between 10% and 25%, 22 listed above, 1 flat and 1 below the issue price; Laser Power & Infra listed 16.8% above its issue price.
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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