- Issue price
- ₹214per share
- Issue size
- ₹742 Cr3,46,72,895 shares
- Face value
- ₹5per equity share
- Lot size
- 70 sharesMin. ₹14,980 at the upper price
- Anchor biddingWed, 2026
- OpensThu, 2026
- ClosesMon, 2026
- AllotmentTue, 2026
- ListingThu, 2026
Dates marked in the offer document as tentative. Times in IST.
Information only, not investment advice. This page provides information compiled from official offer documents for information purposes only. It is not investment advice or a recommendation to apply for, buy or sell any security. We are not a SEBI-registered investment adviser or research analyst. Investments in IPOs are subject to market risks; read the offer document carefully before investing.
Issue details
- Issue type
- Book built, fresh issue and offer for sale
- Fresh issue
- 2,53,27,102 shares (₹542 Cr)
- Offer for sale
- 93,45,793 shares (₹200 Cr)
- Total issue
- 3,46,72,895 shares (₹742 Cr)
- Face value
- ₹5
- Listing at
- NSE, BSE
Source: ProspectusUpdated
Reservation
Share of the total issue- Retail43.8%
- Anchor37.5%
- NII18.8%
| Category | Shares | Of net offer | Stated in RHP |
|---|---|---|---|
| Retail individual investors | 1,21,35,514 | 43.75% | 35% |
| Non-institutional investors (NII) | 52,00,935 | 18.75% | 15% |
| Qualified institutional buyers (QIB) | 1,73,36,446 | 62.50% | 50% |
| Anchor investors | 1,04,01,867 | 37.50% | — |
| Market maker | — | — | — |
Source: ProspectusUpdated
Lot size
Amounts at ₹214 per share| Category | Lots | Shares | Amount |
|---|---|---|---|
| Retail individual investors | 1 | 70 | ₹14,980 |
Source: ProspectusUpdated
Subscription
Category-wise subscription is published by the exchanges while the issue is open. It appears here once the figures are added.
Valuation
FY 2025-26, pre-issue- EPS (basic)
- ₹13.18
- EPS (diluted)
- ₹13.18
- P/E (FY 2025-26 at Cap Price)
- 16.24×
- RoNW
- 20.90%
- NAV per share (As at March 31, 2026)
- ₹63.06
- Debt to equity (FY 2025-26 (Net Debt/Equity))
- 1.10
Source: ProspectusUpdated
Financials
Consolidated, restated · ₹ crore| Period ended | 31 Mar 2026FY 2025-26 | 31 Mar 2025FY 2024-25 | 31 Mar 2024FY 2023-24 |
|---|---|---|---|
| Revenue from operations | 2,326.10 | 2,570.40 | 1,747.58 |
| EBITDA | 301.44 | 250.39 | 156.10 |
| Profit after tax | 151.59 | 106.75 | 40.41 |
| Net worth | 667.89 | 568.19 | 467.05 |
| Reserves and surplus | 667.89 | 568.19 | 467.05 |
| Total assets | 2,632.36 | 2,270.17 | 1,986.99 |
| Total borrowing | 828.23 | 502.95 | 393.75 |
FY 2025-26 vs FY 2024-25: revenue −9.5%, profit after tax +42.0%.
Source: ProspectusUpdated
About the company
The company manufactures power cables, conductors and specialised electrical products for the power transmission and distribution sector in India. It also runs an EPC business executing rural electrification and power distribution projects, mainly for government and utility clients.
- Incorporated
- 1988
- Industry
- Power Cables and EPC
- CIN
- U14220WB1988PLC043591
- Website
- laserpowerinfra.com
Source: ProspectusUpdated
Promoters and shareholders
| Name | Type | Before issue | After issue | Shares offered |
|---|---|---|---|---|
| Akshat Goel | Promoter | 16.13% | — | 0 |
| Deepak Goel | Promoter group | 45.41% | — | 52,57,009 |
| Devesh Goel | Promoter group | 25.00% | — | 29,20,560 |
| Rakhi Goel | Promoter group | 13.45% | — | 11,68,224 |
Source: ProspectusUpdated
Objects of the issue
₹ crore| Purpose | Amount |
|---|---|
| Pre-payment or repayment of certain outstanding borrowings | 490.00 |
| General corporate purposes | 21.15 |
Source: ProspectusUpdated
Peer comparison
As listed in the offer document| Company | EPS | P/E | RoNW | NAV per share |
|---|---|---|---|---|
| Apar Industries Limited | ₹243.21 | 67.05× | 18.11% | ₹1,342.7 |
| Polycab India Limited | ₹177.53 | 56.98× | 22.25% | ₹797.79 |
| KEI Industries Limited | ₹96.09 | 58.64× | 13.78% | ₹697.17 |
| Dynamic Cables Limited | ₹17.42 | 21.05× | 18.47% | ₹94.36 |
| Universal Cables Limited | ₹47.01 | 27.09× | 8.63% | ₹545.03 |
| Laser Power & Infra LimitedIssuer | ₹13.18 | 16.24× | 20.90% | ₹63.06 |
Source: ProspectusUpdated
Strengths and risks
Our summary of what the offer document statesStrengths
- Among the leading manufacturers of power cables and conductors in East India by capacity.
- Manufacturing units located in West Bengal with access to ports and raw material sources.
- Established EPC track record in rural electrification and distribution projects.
- Revenue from operations and order book have grown over recent years.
- Backward integration supports in-house supply for EPC projects.
Risks
- Top 10 customers contributed about 72% of revenue in FY 2025-26, so losing key customers could hurt results.
- Business depends heavily on tender-based government and utility clients with long credit periods.
- Working capital needs are high, with debtor days of 196 in FY 2025-26.
- Net debt rose to about ₹8,014 million, with net debt to equity of 1.10 times.
- Manufacturing revenue forms most of total revenue, so weakness there would have significant impact.
Source: ProspectusUpdated
Documents
Contacts
Source: ProspectusUpdated
Allotment status
Check whether shares were allotted on the official pages below, using your PAN, application number or DP/client ID. Results appear once the basis of allotment is finalised.
- Allotment
- Refunds
- Demat credit
- Listing
Source: ProspectusUpdated
After listing
Listing price, day-one high and low, and the change from the issue price (₹214) appear here after the shares list on NSE and BSE.
Work out the gain or loss on allotted shares after charges and tax →
Frequently asked questions
When does the Laser Power & Infra IPO open and close?
According to the Prospectus, the issue opens on Thursday, 9 July 2026 and closes on Monday, 13 July 2026.
What is the Laser Power & Infra IPO price band?
The final issue price is ₹214 per share.
What is the lot size of the Laser Power & Infra IPO?
One lot is 70 shares, which is ₹14,980 at ₹214 per share.
Where will Laser Power & Infra shares list?
On NSE and BSE. The tentative listing date is Thursday, 16 July 2026.
Who is the registrar of the issue?
MUFG Intime India Private Limited (SEBI registration INR000004058). Allotment status is checked on the registrar's website.
How do I check the Laser Power & Infra IPO allotment status?
The basis of allotment is expected to be finalised on Tuesday, 14 July 2026. After that, search by PAN, application number or DP/client ID on the registrar's website (MUFG Intime India Private Limited), the NSE website or the BSE website. Shares that are allotted are credited to your demat account; for an application that is not allotted, the blocked amount is released.
How will the money raised be used?
₹490 Cr for pre-payment or repayment of certain outstanding borrowings, ₹21.15 Cr for general corporate purposes.
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Spotted something wrong?
Our data comes from official offer documents, but mistakes can slip through. Report an error and tell us which figure looks wrong and where you saw the correct one (the offer-document page number helps). For anything else, see Contact.