Laser Power & Infra's ₹742 crore IPO is set to open for subscription on Thursday, July 9, 2026. According to the Red Herring Prospectus (RHP), the issue comprises a fresh issue of ₹542 crore and an offer for sale (OFS) of ₹200 crore by the promoters. Anchor investor bidding will open a day earlier, on Wednesday, July 8, 2026.

The IPO will remain open for subscription until July 13, 2026. Following the closure of the issue, the basis of allotment is expected to be finalized on July 14, 2026, while the shares are tentatively scheduled to be listed on both the NSE and BSE on July 16, 2026.

Laser Power & Infra IPO - Issue Details

Issue Type: Book-Built IPO (Fresh Issue + OFS)
Total Issue Size: Up to ₹742.00 crore
Fresh Issue: Up to ₹542.00 crore
Offer for Sale (OFS): Up to ₹200.00 crore
Face Value: ₹5 per equity share
Price Band: ₹203 to ₹214 per share
Lot Size: 70 shares
Minimum Investment Amount (Retail Investor): ₹14,980 (70 shares) (based on upper price band)
Listing: BSE, NSE
Book Running Lead Managers: IIFL Capital Services Limited, ICICI Securities Limited
Registrar: MUFG Intime India Private Limited

Laser Power & Infra IPO Timeline (Tentative)

The expected IPO schedule is as follows:

Event	Date
Subscription Opening Date	09 July 2026
Subscription Closing Date	13 July 2026
Allotment Date	14 July 2026
Refund Date	15 July 2026
Credit of Shares	15 July 2026
Listing on BSE and NSE	16 July 2026

Note: The allotment and listing dates are tentative and may be revised.

Utilisation of IPO Proceeds

The company intends to utilise the net proceeds from the fresh issue towards:

Prepayment or repayment, in full or in part, of all or a portion of certain outstanding borrowings availed by the Company.
General corporate purposes.

Explore other Upcoming IPOs on BSE and NSE.

Laser Power & Infra IPO Category-wise Investment Limits

The application size for each category is as follows:

Category	Investment Range
Qualified Institutional Buyers (QIBs)	Not more than 50% of the Net Issue
Non-Institutional Investors (NIIs)	Not less than 15% of the Net Issue
Retail Individual Investors (RII)	Not less than 35% of the Net Issue

The minimum investment amount for each category, based on the upper price band of ₹214 per share, is as follows -

Investor Category	Lots	Shares	Investment Amount (Approx.)
Retail (Minimum)	1	70	₹14,980
Retail (Maximum)	13	910	₹1,94,740
sNII (Minimum)	14	980	₹2,09,720
bNII (Minimum)	67	4,690	₹10,03,660

About Laser Power & Infra Limited

Laser Power & Infra Limited is an integrated manufacturer of power cables, conductors, and other specialized products used in India's power transmission and distribution sector. In 2015, the company expanded into the engineering, procurement, and construction (EPC) segment, undertaking rural electrification projects, power distribution infrastructure development, substation installations, and other turnkey power solutions.

The company operates three manufacturing units in West Bengal with a combined installed capacity of 85,448 MT as of March 31, 2026. According to CRISIL, it is among the leading manufacturers of power cables and conductors in East India by installed capacity and is an approved supplier to Indian Railways, with RDSO accreditation for manufacturing various signalling and power cable products.

Key Financial Highlights

Particulars	FY26 (in ₹ crore)	FY25 (in ₹ crore)	FY24 (in ₹ crore)
Revenue from Operations	2,326.10	2,570.39	1,747.57
Profit After Tax	151.59	106.75	40.40
EBITDA	301.44	250.38	156.10