Laser Power & Infra Ltd, a manufacturer of power cables and transmission products, is concluding its initial public offering (IPO) on Monday, July 13, 2026. The company’s IPO, valued at ₹742 crore, includes new equity shares worth ₹542 crore and an offer-for-sale (OFS) of ₹200 crore by its promoters. Subscription data for the third day will be released after 10 a.m. on the closing day.
Understanding Laser Power & Infra’s IPO
Laser Power & Infra operates in the manufacturing and engineering, procurement, and construction (EPC) sectors, specializing in power transmission and distribution products. Its product range includes power cables, aluminium wire rods, aerial bunched cables, and conductors. The IPO is a significant step for the company to raise capital for debt repayment and general corporate purposes.
The ₹742 crore IPO is structured as a combination of fresh equity and promoter share sales. Promoters Deepak Goel, Devesh Goel, and Rakhi Goel are selling shares worth ₹112.5 crore, ₹62.5 crore, and ₹25 crore respectively through the OFS route. The funds raised will primarily be used to repay borrowings totaling ₹490 crore, with the remainder allocated for other corporate needs.
Subscription and Allotment Highlights
- The IPO was fully subscribed by the second day of bidding.
- Non-institutional investors (NIIs) subscribed at 1.93 times the offered shares.
- The retail investor category was subscribed at 80%.
- Qualified institutional buyers (QIBs) subscribed at 64%.
- The price band for the shares was set between ₹203 and ₹214 per share.
- Each lot consists of 70 shares.
- IPO allotment status is expected to be finalized on Tuesday, July 14, 2026.
- The shares will begin trading on the secondary market starting Thursday, July 16, 2026.
What the IPO Means for Investors and the Company
The successful subscription indicates strong investor interest in Laser Power & Infra’s business model and growth prospects. The capital raised will help the company reduce its debt burden, improving its financial health and potentially enhancing future profitability. For investors, the IPO offers an opportunity to participate in a company positioned in the critical power transmission sector, which is essential for infrastructure development.
However, retail investors should note the partial subscription in their category, which may affect allotment ratios. Institutional investors showed moderate interest, suggesting cautious optimism. The company’s share price performance post-listing will depend on market conditions and investor confidence in its long-term strategy.
Frequently Asked Questions
Q: When does the Laser Power & Infra IPO close?
A: The IPO closes on Monday, July 13, 2026, with subscription details for the final day available after 10 a.m.
Q: How much is the total size of the IPO?
A: The IPO is valued at ₹742 crore, including ₹542 crore from new equity shares and ₹200 crore from an offer-for-sale by promoters.
Q: When will the shares be allotted and listed?
A: The allotment status is expected on Tuesday, July 14, 2026, and the shares will be listed on the stock exchanges on Thursday, July 16, 2026.
