Upcoming
Mainboard IPO
LASERPOWER
Laser Power and Infra Limited
Laser Power & Infra Limited operates in the power transmission and distribution sector through two integrated business segments: manufacturing and engineering, procurement and construction (EPC). The company manufactures power cables and conductors, including products used in transmission and distribution networks, and also executes EPC projects involving the construction, erection, installation, testing and commissioning of power infrastructure. Its manufacturing business supplies products to third-party customers as well as to its own EPC division, creating an integrated operating model. The company generates revenue from the sale of manufactured cables and conductors and from executing EPC contracts. It operates three manufacturing units in West Bengal, supported by in-house quality testing laboratories and research and development capabilities. The company also serves customers in select international markets, while its EPC projects are primarily executed across various states in India.
IPO Details
Complete IPO information
| Current GMP |
- |
| Estimated Listing Gain |
TBA |
| Price Band |
₹203.00 - ₹214.00 |
| Issue Price |
₹214.00 |
| Listing Price |
TBA |
| Lot Size |
70 Shares |
| Issue Type |
Mainboard |
| Issue Size |
Approx ₹742 Cr |
| Registrar |
TBA |
| Exchange |
NSE, BSE |
| Retail Quota |
TBA |
| Overall Subscription |
TBA |
| Listing Date |
16 Jul 2026 |
| Minimum Investment |
₹14,980 |
Timeline
IPO roadmap at a glance
01
Bidding Opens
09 Jul 2026
02
Bidding Closes
13 Jul 2026
Market Lot
Application size breakdown
| Category |
Lots |
Shares |
Amount |
| Retail Minimum |
1 Lot |
70 |
₹14,980 |
| Retail Maximum |
13 Lot |
910 |
₹1,94,740 |
| S-HNI Minimum |
14 Lot |
980 |
₹2,09,720 |
| S-HNI Maximum |
66 Lot |
4,620 |
₹9,88,680 |
| B-HNI Minimum |
67 Lot |
4,690 |
₹10,03,660 |
Issue Notes
Important takeaways before applying
Strengths
- Integrated business model spanning power cable and conductor manufacturing along with EPC execution.
- Supplies specialised conductors through a manufacturing partnership with TS Conductor Corp, USA.
- Operates three manufacturing units with in-house production capabilities in West Bengal.
- Serves both product manufacturing and power transmission EPC businesses, providing multiple revenue streams.
- Long operating history dating back to 1988 in the power infrastructure sector.
Risks
- The business depends significantly on the timely execution of EPC projects, and delays or cost overruns could affect profitability.
- Operations require a continuous supply of key raw materials, and disruptions or price increases may impact margins.
- The company operates in a highly competitive power cables, conductors and EPC industry.
- A large portion of the IPO proceeds will be used to repay borrowings, reflecting a significant debt position.
- The business is exposed to risks from changes in government policies, infrastructure spending and the overall economic environment.