· Mainboard · NSE, BSE
Price Band
₹203–214
Lot Size
70 shares
Issue Size
₹742 Cr
Min. Investment
₹14,980
Indicative, updates through the day
Cap price plus current GMP: ₹253 — arithmetic, not a forecast
Laser Power & Infra IPO is a Mainboard issue that listed on NSE, BSE on 16 July 2026. The issue price band is fixed at ₹203–₹214 per equity share with a minimum market lot size of 70 shares, bringing the total issue size to ₹742 Cr. At the upper price band, the minimum retail application requires one lot amounting to ₹14,980.
The latest unlisted Grey Market Premium (GMP) for Laser Power & Infra IPO is quoted at ₹39, representing a premium of approximately 18.22% over the upper price band of ₹214. On a simple cap price plus GMP basis, the estimated opening price indicates a listing near ₹253, and informal quotes have held steady over recent sessions. Please note that GMP is an unregulated sentiment indicator quoted by off-market dealers; it fluctuates based on supply-demand dynamics and does not constitute a guaranteed listing price. For historical accuracy studies, read our research on IPO GMP accuracy, or compare with live GMP quotes for all active IPOs.
As per the latest exchange feeds from BSE and NSE, Laser Power & Infra IPO has been subscribed 41.05x overall — with QIB at 97.25x, NII at 45.69x, bNII at 50.32x, sNII at 36.43x, Retail at 6.95x, representing over 11,53,140 retail and institutional applications. When the retail category is oversubscribed, SEBI regulations mandate that allotment is determined via an automated computerized lottery where each valid PAN gets one equal chance.
The minimum investment for retail investors is one lot of 70 shares (approx. ₹14,980 at the cut-off price), while the maximum retail bid is capped at 13 lots (under ₹2,00,000). Applications must be submitted using ASBA via Net Banking or the UPI Mandate route through registered stockbrokers (Zerodha, Groww, Angel One, Upstox).
The official registrar appointed for this issue is MUFG Intime India Pvt. Ltd. (formerly Link Intime), with the basis of allotment finalised on 14 July 2026 and listing completed on 16 July 2026. Once declared, you can check your allotment status on our IPO Allotment Checker using your PAN or Application Number. If you are not allotted shares, the ASBA block on your bank funds is automatically released by T+2 day.
Issue Price
₹214
Listed At
₹250
Current Price
₹262.42
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. As of March 31, 2026, the company operate three Manufacturing Units each located at West Bengal, India, which have a combined installed capacity of 85.448 MT. As of Mar 31, 2026, it has an order book of ₹32,434 million. As of Mar 31, 2026, it operates across 26 states and four union territories in India including West Bengal, Bihar, Jharkhand, Odisha, Assam, and Madhya Pradesh and 10 countries.
Laser Power & Infra IPO raises ₹222.60 crore from anchor investors. Laser Power & Infra IPO Anchor bid date is July 8, 2026.
| Category | Shares Offered | % |
|---|---|---|
| QIB | 1,73,36,446 | 50% |
| − Anchor Investor | 1,04,01,867 | 30% |
| − QIB (Ex. Anchor) | 69,34,579 | 20% |
| NII (HNI) | 52,00,935 | 15% |
| − bNII > ₹10L | 34,67,290 | 10% |
| − sNII < ₹10L | 17,33,645 | 5% |
| Retail | 1,21,35,514 | 35% |
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (Min) | 1 | 70 | ₹14,980 |
| Retail (Max) | 13 | 910 | ₹1,94,740 |
| S-HNI (Min) | 14 | 980 | ₹2,09,720 |
| S-HNI (Max) | 66 | 4620 | ₹9,88,680 |
| B-HNI (Min) | 67 | 4690 | ₹10,03,660 |
EPS (Pre IPO)
13.18
EPS (Post IPO)
10.80
ROE
20.90%
P/E (Pre IPO)
16.24
P/E (Post IPO)
19.82
Price / Book
3.39
Market Cap
₹2,462Cr.
| Company | P/E | ROE | Revenue |
|---|---|---|---|
| Susan Electricals India Ltd. | 10.85 | ₹70.38 Cr | |
| Systematic Industries Ltd. | 17.75 | ₹115.60 Cr | |
| Prime Cable Industries Ltd. | 15.6 | ₹40.04 Cr | |
| JD Cables Ltd. | 11.66 | ₹95.99 Cr | |
| Bhadora Industries Ltd. | 12.6 | ₹55.62 Cr |
Laser Power & Infra Ltd. Address
MUFG Intime India Pvt. Ltd. (formerly Link Intime)