July 09, 2026: The Laser Power & Infra IPO opened for subscription today, giving investors an opportunity to invest in one of India’s integrated power transmission and distribution companies. The mainboard IPO aims to raise ₹742 crore through a combination of a fresh issue and an offer for sale (OFS).
Author: Aadarsh Patel | EQMint
The Laser Power & Infra IPO will remain open until July 13, 2026, while the shares are expected to be listed on the BSE and NSE on July 16, 2026.
Key IPO Details of Laser Power & Infra IPO
- IPO Size: ₹742 crore
- Fresh Issue: ₹542 crore
- Offer for Sale (OFS): ₹200 crore
- Price Band: ₹203–₹214 per share
- Face Value: ₹5 per share
- Lot Size: 70 shares
- Minimum Investment: ₹14,980
- IPO Opens: July 9, 2026
- IPO Closes: July 13, 2026
- Expected Allotment: July 14, 2026
- Expected Listing: July 16, 2026
- Listing Exchange: BSE & NSE
About the Company
Laser Power & Infra is an integrated manufacturer of power cables, conductors and transmission & distribution products. The company also undertakes EPC projects, including power distribution, substations, overhead and underground transmission lines, rural electrification and related infrastructure projects.
Objective of the Issue
The company plans to use the proceeds from the fresh issue primarily to:
- Repay or reduce outstanding borrowings
- Fund capital expenditure
- Support working capital requirements
- Meet general corporate purposes
GMP Watch
According to market observers, the Laser Power & Infra IPO is commanding a Grey Market Premium (GMP) of around 10–11%, indicating positive listing expectations ahead of the subscription period. However, GMP is an unofficial indicator and should not be the sole basis for investment decisions.
EQMint Analysis
Laser Power & Infra operates in a sector that is expected to benefit from India’s continued investment in power infrastructure, grid expansion and electrification projects. The company’s integrated manufacturing capabilities and EPC business provide exposure to multiple growth drivers.
However, investors should also consider risks such as high debt levels, fluctuations in raw material prices and execution risks associated with infrastructure projects. The company’s decision to utilize a significant portion of the IPO proceeds for debt reduction could improve its financial position going forward.
Current View
Laser Power & Infra IPO enters the market at a time when infrastructure and power-related businesses are witnessing increased investor interest. Positive GMP trends indicate healthy market sentiment, but the actual subscription numbers over the next few days will provide a clearer picture of investor demand.
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Disclaimer: This article is not an investment advice and is for educational purpose only.
