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Laser Power & Infra Ltd
Listed
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.
Issue details
Price band
₹203 – ₹214
Face value
₹5
Lot size
70 shares
Minimum investment
₹14,980
Issue size
₹742.00 Cr
Fresh issue
₹542.00 Cr
Offer for sale
₹200.00 Cr
Issue type
Book Built
Exchange
BSE, NSE
Key dates
Opens
9 Jul 2026
Closes
13 Jul 2026
UPI mandate cut-off
5:00 PM on 13 Jul 2026
Allotment
14 Jul 2026
Refunds
15 Jul 2026
Shares in demat
15 Jul 2026
Listing
16 Jul 2026
Subscription and listing
Subscription
28.97x
Listing price
₹250
Registrar
MUFG Intime India Pvt Ltd
Lead manager
IIFL Capital Services, ICICI Securities
Subscription by category
Total
28.97x
Total applications
11,35,578
Anchor investors
Amount raised
₹222.60 Cr
Bid date
8 Jul 2026
50% lock-in ends
13 Aug 2026
Rest lock-in ends
12 Oct 2026
Listing day
Issue price
₹214
Open
₹250.00
High
₹270.00
Low
₹250.00
Day close
₹262.42
Listing gain at open
+16.82%
Issue structure
Shares reserved per category and share of the total issue
QIB
1,73,36,446
50.00%
Anchor Investor
1,04,01,867
30.00%
QIB (Ex. Anchor)
69,34,579
20.00%
NII
52,00,935
15.00%
bNII > ₹10L
34,67,290
10.00%
sNII < ₹10L
17,33,645
5.00%
Retail
1,21,35,514
35.00%
Total
3,46,72,895
100.00%
Finaccle’s quick read
Neutral
FY26 income down 9%, PAT up 42%, ROE 23.32%, D/E 1.10, post-issue P/E 19.82x.
A rules-based screen of growth, margins, debt and valuation, built from the offer document and data on Chittorgarh.com. It is for information only and is not investment advice or a recommendation to buy or sell. Read the RHP and speak to a SEBI-registered adviser before you apply.
About the company
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.
Founded
Promoters
Promoter holding
Financial performance
Period
PAT
ROE
23.32%
ROCE
17.83%
Debt / equity
1.10
PAT margin
6.46%
P/E post issue
19.82
Market cap
₹3,003.88 Cr
Use of IPO money
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
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
✓
PAT up 42% in FY26 to ₹151.59 Cr
✓
ROE of 23.32% and ROCE of 17.83%
Risks to watch
!
Revenue fell 9% in FY26
!
Modest PAT margin of 6.46%
!
27% of the issue is an offer for sale by existing shareholders
!
Debt to equity of 1.10
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Last updated:
Information is compiled from exchange notices and the company’s offer document. It is for general information only and is not investment advice or a recommendation to apply. Read the prospectus before investing.