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Laser Power & Infra IPO
Price Band
₹203.0–214.0
Issue Size
₹742.0 Cr
Lot Size
70 shares
Min Investment
₹14,980
GMP
+₹40.0 (18.69%)
Issue Price
₹214.0
Subject to Sauda
₹2100
Paid only if allotted
Laser Power & Infra IPO AI Summary
- Laser Power & Infra IPO is listed on BSE, NSE in the Integrated Power Utilities sector.
- Price band: ₹203.0–₹214.0 per share, lot size 70 shares (min. investment ₹14,980).
- Subscription window: 09 Jul–13 Jul 2026, listing on 16 Jul 2026.
- Current GMP is +₹40.0 (18.69%), an estimated listing price of ₹254 — unofficial and can change daily.
Laser Power & Infra Ltd. is positioned in the integrated power utilities sector with a focus on manufacturing and EPC services. The company has shown growth in profitability, although total income has seen a decline in the most recent period. The IPO is well-received with strong subscription numbers, particularly from institutional investors.
TopFund is not SEBI-registered — this is educational analysis, not personalized investment advice.
Laser Power & Infra IPO — Third-Party Research Views
Reviews below reflect analyst calls made before this IPO closed on 13 Jul 2026 — not a current signal.
Recommendations are sourced from third-party research firms and are not TopFund's own investment advice.
Important Dates
Subscription Status
Overall Subscription
41.05x
| Category | Subscription | Status |
|---|---|---|
| QIB (Institutional) |
97.25x
|
97x ✓ |
| NII (HNI) |
45.69x
|
46x ✓ |
| ↳ bNII (>₹10L) |
50.32x
|
50x ✓ |
| ↳ sNII (<₹10L) |
36.43x
|
36x ✓ |
| Retail (RII) |
6.95x
|
6.95x |
| Total | 41.05x | 41.05x |
Auto-updated every 5 min · As of 13th Jul 2026 18:56
Laser Power & Infra IPO Grey Market Premium (GMP) Today
GMP
+₹40.0
GMP %
+18.69%
Est. Listing
₹254.0
Updated: 16 Jul 2026 09:30
GMP Trend (Last 6 Days)
About the Company
Laser Power & Infra Ltd. is an 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. The company operate three Manufacturing Units each located at West Bengal, India, which have a combined installed capacity of 73,100 MT, as of March 31, 2025. Business Segments: Manufacturing EPC Products: Power and control cables Speciality products Conductors As of August 31, 2025, the company had 660 permanent employees. Competitve Strengths: Fastest growing manufacturer of power cables and conductors in terms of growth of revenue from operations. Strong manufacturing capabilities, through strategically located manufacturing units. Robust execution capabilities, with a track record of executing and handling complex EPC projects successfully and strong backward integration capabilities. Established track record with a marquee customer base Strategic partnerships and collaboration with international players.
Company Financials (₹ Cr)
As of 2026-03-31
| Period Ended | 31 Mar 2026 | 31 Mar 2025 | 31 Mar 2024 |
|---|---|---|---|
| Assets | 2,632.36 | 2,270.17 | 1,986.99 |
| Total Income | 2,347.89 | 2,592.53 | 1,763.65 |
| Profit After Tax | 151.59 | 106.75 | 40.41 |
| EBITDA | 301.44 | 250.39 | 156.10 |
| NET Worth | 725.41 | 574.58 | 473.44 |
| Total Borrowing | 828.23 | 502.95 | 393.75 |
Key Ratios
EPS
₹13.18
NAV
₹63.06
ROE
23.32%
ROCE
17.83%
RoNW
20.90%
P/B Value
3.39
P/E Ratio
16.24
Market Cap
₹3003.88 Cr
PAT Margin
6.46%
Debt/Equity
1.10
Peer Comparison
| Company | NAV | RoNW | P/E (x) | EPS Basic | EPS Diluted |
|---|---|---|---|---|---|
| Universal Cables | 545.03 | 8.63% | 27.09 | 47.01 | 47.01 |
| Dynamic Cables | 94.36 | 18.47% | 21.05 | 17.42 | 17.42 |
| KEI Industries | 697.17 | 13.78% | 58.64 | 96.09 | 96.02 |
| Polycab India | 797.79 | 22.25% | 56.98 | 177.53 | 176.95 |
| Apar Industries | 1342.7 | 18.11% | 67.05 | 243.21 | 242.81 |
| Our Company This IPO | 63.06 | 20.9% | — | 13.18 | 13.18 |
Promoters
Deepak Goel, Devesh Goel, Akshat Goel and Rakhi Goel
Objects of the Issue
The Company proposes to utilise the Net Proceeds from the Issue towards the following objects: # Issue Objects Est Amt (₹ Cr.) 1 Pre-payment or re-payment, in full or in part, of all or a portion of certain outstanding borrowings availed by the Company 490.00 2 General Corporate Purposes 21.15 3 Issue Expenses 42.24 Total 553.38
IPO Evaluation
Generated 23 Sep 2026Revenue Trend
Total income was ₹1,763.65 Cr in the year ended 31 Mar 2024, rising to ₹2,592.53 Cr by 31 Mar 2025, before decreasing to ₹2,347.89 Cr in the year ended 31 Mar 2026. This decrease in the most recent period is notable as it is a 12-month figure, showing a decline from the prior year.
Profit Trend
Profit after tax was ₹40.41 Cr in the year ended 31 Mar 2024, increasing to ₹106.75 Cr by 31 Mar 2025, and further rising to ₹151.59 Cr in the year ended 31 Mar 2026. This indicates a positive growth trend in profitability over the periods analyzed.
Valuation
The company's implied P/E at the issue price is 16.24, compared to peers trading at a P/E range of 21.05 to 67.05. This positions Laser Power & Infra at a lower valuation compared to its peers.
Grey Market Premium, Explained
The Grey Market Premium (GMP) is an unofficial indicator of the potential listing price of an IPO. It reflects the difference between the issue price and the expected listing price in the stock market. A positive GMP suggests that the stock may list at a premium, while a negative GMP indicates the opposite.
Subscription Demand
As of 13th July 2026, the IPO was oversubscribed 41.05 times overall. The QIB (Institutional) category saw the highest demand at 97.25 times, while the Retail (RII) category was subscribed 6.95 times.
Who This IPO Suits
Investors comfortable with short-term volatility and a long-term horizon typically weigh IPOs like this against their investment goals and risk tolerance. Factors to consider include the company's growth potential, market conditions, and financial health.
Who May Want to Wait
Investors with a low risk tolerance or those seeking stable returns may want to avoid IPOs like this, as they can be subject to high volatility and uncertainty in the early trading days.
IPO Timeline, Explained
The IPO opens for subscription on 9th July 2026 and closes on 13th July 2026. Allotment of shares is expected on 14th July 2026, with the listing date set for 16th July 2026.
Listing Gains — The Risk
Listing gains refer to the potential profit an investor can make when selling shares on the first day of trading. However, these gains are not guaranteed and can be influenced by market conditions, investor sentiment, and overall demand for the stock.
This evaluation is generated from Laser Power & Infra's own public IPO filing data for educational purposes and is not investment advice or a recommendation to apply, subscribe to, or avoid this issue — see Broker Recommendations below for named third-party research views (clearly attributed, not TopFund's own). TopFund is not a SEBI-registered investment adviser — see our Disclaimer.
Frequently Asked Questions
What is Laser Power & Infra IPO GMP today?
Laser Power & Infra IPO GMP today is +₹40.0 (18.69%), indicating an estimated listing price of ₹254. GMP is an unofficial grey-market indicator and can change daily.
What is the price band of Laser Power & Infra IPO?
The price band of Laser Power & Infra IPO is ₹203.0–₹214.0 per share.
When does Laser Power & Infra IPO open and close?
Laser Power & Infra IPO opens on 09 July 2026 and closes on 13 July 2026.
When does Laser Power & Infra IPO list on the stock exchange?
Laser Power & Infra IPO listed on 16 July 2026 at ₹254.0.
What is the lot size for Laser Power & Infra IPO?
The lot size for Laser Power & Infra IPO is 70 shares, requiring a minimum investment of ₹14,980.
What is the price band of the IPO?
The price band of the IPO is ₹203.0 to ₹214.0.
What is the minimum investment required?
The minimum investment required is ₹14,980.0.
What is the lot size for this IPO?
The lot size for this IPO is 70 shares.
When does the IPO open and close?
The IPO opens on 9th July 2026 and closes on 13th July 2026.
What does GMP mean?
GMP stands for Grey Market Premium, which indicates the expected premium at which the stock may list compared to its issue price.
Issue Details
Investor Allocation
Registrar
Lead Managers / Book Running
IPO Timeline
Open
09 Jul 2026
Close
13 Jul 2026
Allotment
14 Jul 2026
Listing
16 Jul 2026
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