Laser Power & Infra Limited logo

IPO details · Updated

Laser Power & Infra Limited

ClosedMainboardNSE: LASERPOWERBSE: 544822
Check Allotment
Price Band
₹203 – ₹214
Lot Size
70 shares
Min. Investment
₹14,980
Issue Size
₹742 Cr
Offer Dates
9 Jul – 13 Jul 2026
Listing
16 Jul 2026

Issue Details

Full details →
Total Issue Size
₹742 Cr
3,46,72,895 shares
Fresh Issue
₹542 Cr
2,53,27,102 shares
Offer for Sale
₹200 Cr
93,45,793 shares
Face Value
₹5 per share
Issue Type
Book-built IPO
Listing At
BSE, NSE
Shares Pre-Issue
11,50,41,240
Shares Post-Issue
14,03,68,342

IPO Timeline

  1. Offer opens

    9 Jul 2026

  2. Offer closes

    13 Jul 2026

  3. Allotment

    14 Jul 2026

  4. Listing

    16 Jul 2026

Issue Allocation

Share of the offer reserved for each investor category

  • Anchor30.0%1,04,01,867 shares
  • QIB20.0%69,34,579 shares
  • HNI15.0%52,00,935 shares
  • Retail35.0%1,21,35,514 shares

Subscription Status

Times subscribed by investor category

CategoryOfferedBidsSubscribed
QIB69,34,57967,43,66,280
97.25x
NII52,00,93523,76,39,710
45.69x
Retail1,21,35,5148,43,18,710
6.95x
Total2,42,71,02899,63,24,700
41.05x

Lot Size & Investment

1 lot = 70 shares

Retail (min)

1 lot · 70 shares

Retail (max)

13 lots · 910 shares

S-HNI (min)

14 lots · 980 shares

ApplicationLotsSharesAmount
Retail170₹14,980
Small HNI (S-HNI)14980₹2,09,720
Big HNI (B-HNI)674,690₹10,03,660

Financial Performance

Restated figures in ₹ crore, unless stated otherwise

Financial performance by period
PeriodMar-26Mar-25Mar-24
Assets2,632.362,270.171,986.99
Total Income2,347.892,592.531,763.65
Profit After Tax151.59106.7540.41
EBITDA301.44250.39156.1
Net Worth725.41574.58473.44
Total Borrowing828.23502.95393.75

Key Performance Indicators

Key performance indicators
PeriodMar-26
RoNW (%)20.9
EPS (₹)13.18
P/E (pre-issue)16.24
P/E (post-issue)19.82

Peer Comparison

Listed companies in the same business

CompanyP/EROE
Our Company20.9%
Apar Industries67.0518.11%
Polycab India56.9822.25%
KEI Industries58.6413.78%
Dynamic Cables21.0518.47%
Universal Cables27.098.63%

About Laser Power & Infra Limited

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: Manufacturing: Manufacturing of power and control cables, speciality products, and conductors. EPC: Turnkey solutions for rural and urban electrification, distribution, and power infrastructure development 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: 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 base Strategic partnerships and collaboration with international players.

Objects of the Issue

  • 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 Cr)
  • General Corporate Purposes (₹21.15 Cr)
  • Issue Expenses (₹42.24 Cr)

Promoters

  • <p>Deepak Goel
  • Devesh Goel
  • Akshat Goel
  • Rakhi Goel</p>

Company Information

Book running lead managers
  • IIFL Capital Services Ltd.
  • ICICI Securities Ltd.
Registered office
4A,, Pollock Street,, 3rd Floor,, Kolkata, West Bengal, 700001

Disclaimer: Data on OpenIPO is for information only and is not investment advice. OpenIPO is not a SEBI-registered entity. GMP figures are unofficial estimates and may change. Verify all details against the company RHP and the official registrar before investing.