Laser Power & Infra Shares Debut at a Premium of 17% on NSE
Laser Power & Infra Limited made its stock market debut on Thursday, July 16, 2026, with its shares listing at a 16.82% premium on the NSE. The stock opened at ₹250 on the NSE against its IPO issue price of ₹214 per share. On the BSE, the shares debuted at ₹269, representing a 25.7% premium over the issue price.
The public issue, valued at ₹742 crore, was available for subscription from July 9 to July 13, 2026. By the close of bidding, the IPO had been subscribed 38.94 times, reflecting strong investor participation.
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 Overall Subscription Status
[July 13, 2026, 7:00 PM]
|
Category |
Subscription (x) |
|
Qualified Institutional Buyers (QIBs) |
92.25x |
|
Non-Institutional Investors (NIIs) |
43.34x |
|
Retail Individual Investors (RIIs) |
6.59x |
|
Total |
38.94x |
About Laser Power & Infra Limited
Laser Power & Infra Limited manufactures a range of power cables, conductors, and other specialised products catering to India's power transmission and distribution industry. The company diversified into the engineering, procurement, and construction (EPC) business in 2015, executing projects related to rural electrification, power distribution systems, substation infrastructure, and integrated power solutions.
The company operates three manufacturing facilities in West Bengal, with a total installed production capacity of 85,448 MT as of March 31, 2026. As per CRISIL, Laser Power & Infra is among the leading manufacturers of power cables and conductors in East India based on installed capacity. It is also an RDSO-approved supplier to Indian Railways, authorised to manufacture a range of 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 |
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