IPO details · Updated
Laser Power & Infra Limited
- 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
- 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
Offer opens
9 Jul 2026
Offer closes
13 Jul 2026
Allotment
14 Jul 2026
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
| Category | Offered | Bids | Subscribed |
|---|---|---|---|
| QIB | 69,34,579 | 67,43,66,280 | 97.25x |
| NII | 52,00,935 | 23,76,39,710 | 45.69x |
| Retail | 1,21,35,514 | 8,43,18,710 | 6.95x |
| Total | 2,42,71,028 | 99,63,24,700 | 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
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail | 1 | 70 | ₹14,980 |
| Small HNI (S-HNI) | 14 | 980 | ₹2,09,720 |
| Big HNI (B-HNI) | 67 | 4,690 | ₹10,03,660 |
Financial Performance
Restated figures in ₹ crore, unless stated otherwise
| Period | Mar-26 | Mar-25 | Mar-24 |
|---|---|---|---|
| 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 | 156.1 |
| Net Worth | 725.41 | 574.58 | 473.44 |
| Total Borrowing | 828.23 | 502.95 | 393.75 |
Key Performance Indicators
| Period | Mar-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
| Company | P/E | ROE |
|---|---|---|
| Our Company | — | 20.9% |
| Apar Industries | 67.05 | 18.11% |
| Polycab India | 56.98 | 22.25% |
| KEI Industries | 58.64 | 13.78% |
| Dynamic Cables | 21.05 | 18.47% |
| Universal Cables | 27.09 | 8.63% |
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
Official Documents
Opens the source filing in a new tab
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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.