Laser Power and Infra Limited IPO
Price band
₹203 – ₹214
Lot size
70 shares
Min investment
₹14,980
Issue size
₹742 Cr
IPO schedule
| Open date | 9 Jul 2026 |
| Close date | 13 Jul 2026 |
| UPI mandate cut-off | 13 Jul 2026 |
| Allotment finalisation | 14 Jul 2026 |
| Refund initiation | 15 Jul 2026 |
| Shares credited to demat | 15 Jul 2026 |
| Listing date | 16 Jul 2026 |
| Mandate end date | 28 Jul 2026 |
| Anchor lock-in (50%) | 12 Aug 2026 |
| Anchor lock-in (remaining) | 11 Oct 2026 |
Issue size
About Laser Power and Infra Limited
Laser Power & Infra Limited operates in the power transmission and distribution sector through two integrated business segments: manufacturing and engineering, procurement and construction (EPC). The company manufactures power cables and conductors, including products used in transmission and distribution networks, and also executes EPC projects involving the construction, erection, installation, testing and commissioning of power infrastructure. Its manufacturing business supplies products to third-party customers as well as to its own EPC division, creating an integrated operating model. The company generates revenue from the sale of manufactured cables and conductors and from executing EPC contracts. It operates three manufacturing units in West Bengal, supported by in-house quality testing laboratories and research and development capabilities. The company also serves customers in select international markets, while its EPC projects are primarily executed across various states in India.
Strengths
- Integrated business model spanning power cable and conductor manufacturing along with EPC execution.
- Supplies specialised conductors through a manufacturing partnership with TS Conductor Corp, USA.
- Operates three manufacturing units with in-house production capabilities in West Bengal.
- Serves both product manufacturing and power transmission EPC businesses, providing multiple revenue streams.
- Long operating history dating back to 1988 in the power infrastructure sector.
Risks
- The business depends significantly on the timely execution of EPC projects, and delays or cost overruns could affect profitability.
- Operations require a continuous supply of key raw materials, and disruptions or price increases may impact margins.
- The company operates in a highly competitive power cables, conductors and EPC industry.
- A large portion of the IPO proceeds will be used to repay borrowings, reflecting a significant debt position.
- The business is exposed to risks from changes in government policies, infrastructure spending and the overall economic environment.
Use of proceeds
| Repayment of borrowings | ₹490 (90.41%) Cr |
| General corporate purposes | ₹52 (9.59%) Cr |
IPO information is sourced from public feeds and shown for general information only. It is not a recommendation to apply for this or any IPO. IPOs are equity investments and carry market risk; listing gains are not guaranteed and SME IPOs are especially volatile. Grey Market Premium (GMP) is unofficial and not endorsed by SEBI or the exchanges. Equity IPOs are applied for through a demat and trading account, not through mutual fund distribution services. Read the RHP and consult a SEBI-registered investment adviser before investing.