Investors planning to apply for a new IPO have another opportunity this week.
Laser Power & Infra Ltd is launching its ₹742 crore Initial Public Offering (IPO) on July 9, 2026.
The IPO will remain open for subscription until July 13, 2026.
If you’re planning to invest, here’s everything you need to know before applying.
Laser Power & Infra IPO: Issue Size and Price Band
The company aims to raise ₹742 crore through the IPO.
The issue includes:
Fresh issue: 2.53 crore equity shares worth ₹542 crore.
Offer for Sale (OFS): 0.93 crore shares worth ₹200 crore.
The company has fixed the price band at ₹203 to ₹214 per share.
Before the IPO, Laser Power & Infra has a market valuation of around ₹3,003.88 crore.
Lot Size and Minimum Investment
Investors can apply in a lot of 70 shares or in multiples of 70.
At the upper price band of ₹214 per share, retail investors will need to invest at least ₹14,980 to apply for one lot.
Important IPO Dates
Here are the key dates investors should remember:
| Event | Date |
|---|---|
| IPO Opens | July 9, 2026 |
| IPO Closes | July 13, 2026 |
| Allotment Finalisation | July 14, 2026 (Expected) |
| Refunds & Share Credit | Before Listing |
| Tentative Listing | July 16, 2026 |
The company’s shares are expected to be listed on both the NSE and BSE.
Who Can Apply?
The IPO has been divided among different investor categories:
50% reserved for Qualified Institutional Buyers (QIBs)
35% reserved for Retail Individual Investors (RIIs)
15% reserved for Non-Institutional Investors (NIIs)
Who Is Managing the IPO?
The book-running lead managers for the IPO are:
IIFL Capital Services Ltd
ICICI Securities Ltd
The registrar for the issue is MUFG Intime India Pvt Ltd.
About Laser Power & Infra
Laser Power & Infra is an integrated manufacturer of power cables, conductors, and other products used in the power transmission and distribution sector.
Apart from manufacturing, the company also undertakes Engineering, Procurement and Construction (EPC) projects.
These include rural electrification, power distribution infrastructure, and substation installations, giving the company a strong presence across different areas of the power infrastructure business.
Investors interested in the power infrastructure sector may want to review the company’s financials, business performance, and valuation before making an investment decision.
