Laser Power and Infra was incorporated on January 7, 1988. The company is an integrated manufacturer of power cables, conductors, and specialized components for India’s power transmission and distribution sector, with over three decades of experience. In 2015, it expanded into the EPC segment, delivering turnkey solutions for rural electrification, power distribution infrastructure, and substations
| Bidding Dates |
|---|
| 09 Jul 2026 - 13 Jul 2026 |
| Subscription |
|---|
| 38.94x Oversubscribed |
| Minimum Investment | Minimum Lot | Maximum Lot | Lot Size | Number of Shares | Issue Price Band | Post Issue Promoter Holding % | Issue Size | IPO Document |
|---|---|---|---|---|---|---|---|---|
| ₹14,210 | 1 | 13 | 70 | 34.7 M | ₹203 - ₹214 | 75.3 % | ₹7038.6 M - ₹7420.0 M | RHP DOC |
Laser Power and Infra IPO SUBSCRIPTION STATUS
13 Jul '26Laser Power and Infra IPO overall subscription rate was 38.94 times the total available shares
Laser Power and Infra IPO retail subscription rate was 6.59 times in the retail segment
Laser Power and Infra IPO non-institutional investor subscription rate was 43.34 times in the non-institutional investor category
Laser Power and Infra IPO Qualified Institutional Bidder subscription rate was 92.25 times the available shares for Qualified Institutional Bidder
| Day | Retail Individual Investor | HNI (NII) Investors | Qualified Institutional Buyers |
|---|---|---|---|
| Category Reservation | 35% | 15% | 50% |
13 Jul 2026 (Day 3) | 6.59x | 43.34x | 92.25x |
10 Jul 2026 (Day 2) | 0.8x | 1.93x | 0.64x |
09 Jul 2026 (Day 1) | 0.23x | 0.19x | - |
Laser Power and Infra FINANCIALS
| Period | Revenue from Operations (Rs in crore) | Net Profit (Rs in crore) | Cash Flow from Operations (Rs in crore) | Free Cash Flow (Rs in crore) | Margins |
| FY26 | 2,326.1 | 151.6 | -119.0 | -170.6 | 13.0% |
| FY25 | 2,570.4 | 106.8 | 60.3 | 41.9 | 9.7% |
| FY24 | 1,747.6 | 40.4 | 170.8 | 135.9 | 8.9% |
| FY23 | 1,314.5 | 23.2 | 119.4 | 86.1 | 8.5% |
Laser Power and Infra IPO SUBSCRIPTION STATUS DETAILS
Laser Power and Infra had 34.7 M shares on offer
Laser Power and Infra IPO offer price was in the range ₹203 - ₹214
Laser Power and Infra IPO minimum Investment was ₹14210
Laser Power and Infra IPO issue size was ₹ 7038.6 M - ₹ 7420.0 M
Laser Power and Infra had a minimum lot size of 70 Shares per application
Laser Power and Infra NUMBER OF SHARES ON OFFER
Laser Power and Infra IPO IMPORTANT DATES
| Issue Open Date | 09 Jul 2026 |
| Issue close Date | 13 Jul 2026 |
| Allotment Date | 14 Jul 2026 |
| Refund Date | 15 Jul 2026 |
| Demat Account Credit Date | 15 Jul 2026 |
| Listing Date | 16 Jul 2026 |
| Listing on Exchange(s) | NSE and BSE |
| Laser Power and Infra Allotment Status | Exchange/ Registrar |
Laser Power and Infra IPO subscription opened on 09 Jul 2026, and closed on 13 Jul 2026
IPO allotment for Laser Power and Infra was finalized on Tuesday, 14 Jul 2026
IPO listing for Laser Power and Infra was on NSE and BSE on Thursday, 16 Jul 2026
Laser Power and Infra IPO LISTING GAINS
| Issue Price (adjusted) | 214.0 |
| Listing Open Price | 250.0 |
| Listing Close Price | 262.4 |
| Listing Gain% | 16.8% |
| Current Gain% | 37.9% |
Laser Power and Infra Peer
| Stock | Stock Price | Market Cap (Rs crore) | PE TTM | PEG TTM | PS TTM | ROE% | ROA% | Annual Revenue (Rs crore) | Annual Revenue Growth % | Annual Net Profit (Rs crore) | Annual Net Profit Growth % | EPS TTM | EPS TTM Growth % |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Laser Power and Infra Ltd. | 295.1 | 4142.3 | 27.3 | 0.6 | 1.8 | 20.9 | 5.8 | 2347.9 | -9.4 | 151.6 | 46.4 | 10.8 | 46.4 |
| Polycab India Ltd. | 9218 | 138893.7 | 48.5 | 1.7 | 4.5 | 22.2 | 13 | 29120 | 28.8 | 2672 | 32.3 | 190.1 | 29.2 |
| KEI Industries Ltd. | 5600 | 53536.3 | 53.7 | 1.6 | 4.3 | 13.8 | 10.2 | 11906.3 | 21.4 | 918.4 | 31.9 | 104.3 | 34.4 |
| R R Kabel Ltd. | 2759.5 | 31211.5 | 51.4 | 0.6 | 2.9 | 19.1 | 10.6 | 9778.8 | 27.5 | 492.2 | 58 | 53.7 | 80.3 |
| Finolex Cables Ltd. | 1024.6 | 15670.9 | 22 | 11.9 | 2.5 | 11.7 | 10.2 | 6486.6 | 17.6 | 713.7 | 1.8 | 46.7 | 1.8 |
| Universal Cables Ltd. | 1411.2 | 4896.2 | 24.4 | 0.3 | 1.5 | 8.9 | 3.8 | 3051 | 25.5 | 163.1 | 82.5 | 57.7 | 71.7 |
Laser Power and Infra IPO Reports
Laser Power and Infra INFORMATION ON IPO ISSUE
About Laser Power and Infra
Laser Power and Infra was incorporated on January 7, 1988. The company is an integrated manufacturer of power cables, conductors, and specialized components for India’s power transmission and distribution sector, with over three decades of experience. In 2015, it expanded into the EPC segment, delivering turnkey solutions for rural electrification, power distribution infrastructure, and substations
Object 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
- General corporate purposes
Laser Power and Infra - PROMOTERS
| Name |
|---|
| Deepak Goel |
| Devesh Goel |
| Akshat Goel |
| Rakhi Goel |
Laser Power and Infra - MANAGEMENT & LEADERSHIP
| Name | Designation |
|---|---|
| Deepak Goel | Chairman & Managing Director |
| Devesh Goel | Whole-time Director & Chief Executive Officer |
| Akshat Goel | Whole-time Director |
| Ajit Kumar Das | Independent Director |
| Rajnish Rikhy | Independent Director |
| Ratnabali Kakkar | Independent Director |
Laser Power and Infra Book Running Lead Manager
IIFL Capital Services Limited
laserpower.ipo@iiflcap.com
ICICI Securities Limited
laserpower.ipo@icicisecurities.com
Laser Power and Infra Registrar to the Offer
MUFG Intime India Private limited
laserpower.ipo@in.mpms.mufg.com
Laser Power and Infra Strengths
Execution capabilities
With over a decade of EPC experience, particularly in rural electrification and substation projects, the company has established a strong track record in efficient project management. Its integrated approach—combining manufacturing, logistics, in-house engineering, and on-ground execution—enables timely and cost-effective delivery of complex turnkey projects across India
Diversified order book
The company’s order book reflects the unexecuted contract value of its EPC and manufacturing orders, providing visibility into future revenue. As of August 31, 2025, the order book stood at Rs 10,44.9 crore for manufacturing and Rs 19,68.9 crore for EPC, diversified across segments, clients, and geographies
Partnership
The company’s strength lies in strategic alliances with global innovators to enhance technology and market responsiveness. Its partnership with U.S.-based TS Conductor Corp enables manufacturing of advanced conductors—including AECC, HTLS, ECO, AL-59 AAC, and ACSS—offering superior thermal stability, minimal sag, and lower lifecycle costs
Laser Power and Infra Risks
Working capital intensive
The company has high working capital needs, with trade receivables and inventories forming a large part of current assets. Delays in collections or inability to secure financing could materially affect its business, financial condition, and operations
Bank guarantee risks
The company is required to provide performance bank guarantees and letters of credit for contracts and supplier obligations. Failure to arrange or fulfill these guarantees could impact its cash flows, operations, and financial stability
Safety hazard
The company regularly handles flammable materials and operates under hazardous conditions, posing risks of injury, property damage, fires, explosions, or environmental hazards despite adherence to safety standards
IPO FAQs
This IPO consists of an offer for sale of up to Rs 200.0 crore, of 9,345,793 shares. It also consists of a fresh issue of Rs 542.0 crore.
The promoters of the company are Deepak Goel, Devesh Goel, Akshat Goel and Rakhi Goel.
The category allocation of qualified institutional buyers is 50.0%, the category allocation of non individual investors or high networth individuals is 15.0% and for retail investors it is 35.0%.
The price band of the IPO is Rs 203.0 - 214.0.
The IPO application opens on Jul 09, 2026 and closes on Jul 13, 2026.
The minimum lot size for the IPO is 70. The maximum lot size for the IPO is 910.
For all category investors, the minimum application amount for this IPO is Rs. 14,210.0, the maximum value for this IPO is Rs 194,740.0.
This IPO will be allotted on Jul 14, 2026.
The refund will be credited to your account on Jul 15, 2026.
The allotted shares will be credited to your demat on Jul 15, 2026.
Laser Power and Infra Ltd.’s shares listed on the stock exchanges on Jul 16, 2026.