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Mainboard IPOupcomingBoth

Laser Power & Infra IPO

Laser Power & Infra IPO is a mainboard IPO scheduled to open for subscription on — and closed on —. The issue aggregates ₹1,200 Cr.

Price Band
TBA
GMP
Subscription
Listing

Overview

Laser Power & Infra IPO is a mainboard IPO scheduled to open for subscription on — and closed on —. The issue aggregates ₹1,200 Cr.

IPO Details

Laser Power & Infra IPO is a mainboard initial public offering scheduled to open for subscription on Both. The issue has a price band of TBA per equity share with a lot size of TBA shares, translating to a minimum retail investment of TBA.

The issue aggregates ₹1,200 Cr, and subscription dates are yet to be announced. Allotment is expected on and the equity shares are scheduled to list on .

Type
Mainboard
Status
upcoming
Price band
TBA
Face value
₹10 (typical)
Lot size
Min investment (Retail)
TBA
Issue size
₹1,200 Cr
Fresh issue
₹800 Cr
OFS
₹400 Cr
Exchange
Both
ISIN
TBA
Sector
Power

Market Lot

Market lot details will be available once the price band and lot size are finalised in the Red Herring Prospectus.

IPO Reservation

Per SEBI guidelines, Laser Power & Infra IPO reserves shares across investor categories as follows. Final allotment percentages may vary slightly based on the final issue document.

Category% ReservedNotes
QIB (Qualified Institutional Buyers)Not more than 50%Mutual funds, FIIs, banks, insurance
NII / HNI (Non-Institutional)Not less than 15%Bids ≥ ₹2 lakh
Retail (RII)Not less than 35%Bids up to ₹2 lakh

Important Dates

  1. Issue Open
    · Subscription opens
  2. Issue Close
    · Subscription closes
  3. Allotment
    · Basis of allotment finalised
  4. Refunds Initiated
    · Funds released for non-allottees
  5. Listing Date
    · Shares debut on the exchange

Grey Market Premium

Grey Market Premium for Laser Power & Infra is yet to be tracked. We update GMP from multiple grey market sources during the subscription window. Bookmark this page and check IPO GMP Today for live updates.

Subscription Status

Laser Power & Infra IPO subscription tracking will go live once the subscription window opens. Category-wise data (Retail / NII / QIB / Employee) will be available on IPO Subscription Status.

Allotment Status

Laser Power & Infra IPO allotment will be finalised by the registrar (MUFG Intime India) on . Check your allotment status using your PAN, application number, or DP ID via our allotment status checker or directly on the registrar's website.

If allotment fails, the blocked funds via ASBA / UPI mandate are released back within 24-48 hours. Applying through multiple demat accounts in family members' names improves chances on oversubscribed IPOs.

About Laser Power & Infra

Laser Power & Infra Limited is an integrated manufacturer of power cables, conductors and specialised components for the Indian power transmission and distribution (T&D) industry. Product portfolio covers high-voltage transmission cables (66 kV - 765 kV), medium-voltage distribution cables, ACSR/AAAC overhead conductors, and specialised cable products for renewable-energy project deployment. Indian power-cable + conductor demand has been one of the structurally growing capital-goods sub-segments through 2022-26. Demand drivers include the 500 GW non-fossil capacity by 2030 target (each new RE project requires evacuation cables + conductors); inter-state transmission expansion under National Electricity Plan + green-corridor programmes; PMGSY rural-electrification + state-discom-strengthening; PM Surya Ghar + distributed-solar driving distribution-cable demand; and data-centre + commercial-real-estate buildout requiring HT cabling. Listed mainboard peers KEI Industries, Polycab, Apar Industries and Finolex Cables all benefit from these tailwinds. SEBI approved the IPO on 2 February 2026 (12-month launch window). The ₹1,200 crore mainboard IPO is structured as ₹800 crore fresh + ₹400 crore OFS (67% fresh / 33% OFS) — the fresh-issue-heavy structure signals meaningful growth-capital deployment for capacity expansion. Lead manager IIFL Capital Services + registrar MUFG Intime India. Face value ₹5 per share.

Promoter & Holding Pattern

The promoter and promoter group hold the majority stake in Laser Power & Infra prior to the IPO. Post-listing, this percentage will reduce as new equity shares are issued to the public. Detailed pre-IPO and post-IPO promoter holding data will be updated once the Red Herring Prospectus is finalised with SEBI.

Objects of the Issue

The Laser Power & Infra IPO proceeds will be utilised across multiple strategic objectives. Typical objects include capital expenditure for expansion, repayment of debt, general corporate purposes, working capital, and OFS by selling shareholders. Detailed breakdown with amounts will be updated here from the Red Herring Prospectus.

Financial Performance

Laser Power & Infra's three-year financials — revenue, PAT, assets, net worth — will be displayed here based on audited numbers from the Red Herring Prospectus. Year-on-year growth, EBITDA margins, debt-to-equity progression, and RoNW together form the basis for valuation comparison.

Valuation Snapshot

Key valuation metrics for Laser Power & Infra — RoE, RoCE, EBITDA margin, PAT margin, debt-to-equity, EPS, P/E ratio, RoNW, NAV — will be updated based on FY25 numbers from the Red Herring Prospectus.

Peer Comparison

Listed peers in the Power sector with key valuation metrics:

CompanyEPS (₹)P/E RatioRoNW (%)NAV (₹)Income (₹ Cr)
KEI Industries
Polycab India
Apar Industries
Finolex Cables

Anchor Investors

Anchor investor bidding for Laser Power & Infra typically opens one working day before the issue opens to the public. Anchor investors — mutual funds, FIIs, sovereign wealth funds, and insurance companies — collectively subscribe to a portion of the QIB segment. Their participation signals institutional confidence. Anchor list and total amount will be updated once SEBI publishes the anchor filing.

Lead Managers (Merchant Bankers)

  • IIFL Capital Services

IPO Registrar

The registrar processes all bid applications, finalises the basis of allotment, manages refunds, and credits allotted shares to successful applicants' demat accounts.

Editorial Review

Laser Power & Infra received SEBI approval on 2 February 2026 (12-month launch window) for a ₹1,200 crore mainboard IPO — ₹800 crore fresh + ₹400 crore OFS. The fresh-issue-heavy structure (67% fresh / 33% OFS) signals meaningful growth-capital deployment rather than pure promoter monetisation. The power-cables + conductors category sits at the intersection of multiple structural Indian capital-goods tailwinds: 500 GW non-fossil capacity target (RE-evacuation cables), inter-state transmission expansion (HT cables), PMGSY + discom-strengthening (MV distribution cables), PM Surya Ghar + distributed solar (LT distribution), and data-centre + commercial-RE buildout (HT cabling). Listed peers KEI Industries, Polycab, Apar Industries and Finolex Cables have all re-rated meaningfully on these tailwinds through 2022-26. What's working: 67% fresh-issue structure means meaningful capital reaches operating business; structural T&D + RE-evacuation + data-centre tailwinds support multi-year demand pipeline; mainboard scale + ₹1,200 cr issue suggests institutional anchor expectation; IIFL Capital as BRLM + MUFG Intime as registrar signal standard institutional book-build; recent SEBI clearance (Feb 2026) means market-window timing is positive. What's concerning: substantial public-data gap on price band, dates, financials, capacity numbers; competitive intensity is intense — KEI Industries + Polycab + Apar + Finolex all expanding capacity simultaneously; commodity-input pricing exposure (copper, aluminium, polymer-insulation materials) creates margin volatility; project-execution + customer-discom-payment-cycle risk; promoter post-IPO holding not disclosed. Subscribe pre-RHP. Structural T&D + RE-evacuation demand pipeline + fresh-issue-heavy capital deployment + mainboard scale create credible thesis. Wait for RHP with financial granularity. Compare against KEI Industries, Polycab, Apar Industries trailing multiples when announced. Sizing moderate (5-10% of capital-goods bucket) given competitive expansion across the cable + conductor category.

How to Apply for Laser Power & Infra IPO

  1. Open broker app — Zerodha, Upstox, Angel One, Groww, 5paisa, ICICI Direct, or any other SEBI-registered broker. Navigate to the IPO section.
  2. Select Laser Power & Infra IPO during the bidding window ().
  3. Enter bid details — minimum TBA shares per lot. Retail investors are recommended to bid at cut-off price (upper band).
  4. Submit UPI ID linked to a SEBI-approved bank.
  5. Approve UPI mandate from your UPI app within the deadline. Bid amount is blocked, not debited.
  6. Await allotment on .
  7. Listing day — shares list on Both on .

Risk Factors

1. Substantial public-data gap on price band, dates, financials. 2. Competitive intensity — KEI Industries, Polycab, Apar Industries, Finolex Cables all expanding capacity simultaneously. 3. Commodity-input pricing exposure (copper, aluminium, polymer insulation) creates margin volatility. 4. Project-execution cycle + state-discom payment-cycle risk. 5. Promoter post-IPO holding not disclosed.

Laser Power & Infra IPO — FAQs

What is Laser Power & Infra IPO?
Laser Power & Infra IPO is a mainboard initial public offering listing on Both. The issue opens on — and closes on — with a price band of TBA per share.
What is the Laser Power & Infra IPO price band?
The price band for Laser Power & Infra IPO is TBA per equity share of face value ₹10 (typical). Retail investors are recommended to bid at the upper band (cut-off price).
What is the Laser Power & Infra IPO lot size?
The minimum lot size for Laser Power & Infra IPO is TBA shares per application. Minimum retail investment at the upper price band works out to approximately TBA.
When is the Laser Power & Infra IPO opening date?
Laser Power & Infra IPO opens for subscription on — and closes on —.
When is the Laser Power & Infra IPO allotment date?
Basis of allotment is expected on —. Check your status on MUFG Intime India's website using your PAN.
When is the Laser Power & Infra IPO listing date?
Laser Power & Infra shares are expected to list on Both on —.
What is the GMP of Laser Power & Infra IPO?
GMP for Laser Power & Infra is not currently tracked.
Who is the registrar of Laser Power & Infra IPO?
MUFG Intime India is handling allotment, refunds, and dematerialisation for Laser Power & Infra IPO.
How can I apply for Laser Power & Infra IPO?
Apply via any SEBI-registered broker (Zerodha, Upstox, Angel One, Groww, 5paisa, ICICI Direct) during the open window. Use UPI mandate or ASBA for fund blocking. Bid at cut-off for retail category.
What is the minimum investment?
Minimum retail investment is approximately TBA (1 lot × TBA shares at upper band).
Should I apply for Laser Power & Infra IPO?
Whether to apply depends on your goals, risk appetite, and the company's fundamentals. Review the RHP, compare valuation with peers, and consult a SEBI-registered advisor.
What happens if my allotment fails?
Bid amount blocked via UPI/ASBA is released back within 24-48 hours. Apply through multiple family demat accounts to improve odds on oversubscribed issues.

Information shown is for educational purposes and does not constitute investment advice. GMP values are unofficial estimates from informal grey market sources. Please read the offer document (Red Herring Prospectus) carefully before investing.

Data sourced from NSE, BSE, the issue's registrar, and public filings. BasicFintech is not affiliated with the issuing company, its underwriters, or the exchanges.

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