Laser Power & Infra IPO
Bookbuilding IPO | ₹742.00 Cr | Listing at BSE, NSE
Closed
IPO Open
Thu, Jul 09, 2026
IPO Close
Mon, Jul 13, 2026
Price Band
₹203.00 to ₹214.00
Market Cap (Pre-IPO)
₹3,003.88 Cr
IPO Details
| IPO Date | Jul 09, 2026 to Jul 13, 2026 |
| Listing Date | Tentative: Jul 16, 2026 |
| Face Value | ₹5.00 per share |
| Price Band | ₹203.00 to ₹214.00 |
| Lot Size | 70 Shares (Minimum: ₹14,980.00) |
| Sale Type | Offer For Sale + Fresh Issue |
| Issue Type | Bookbuilding IPO |
| Listing At | BSE, NSE |
| Issue Size | ₹742.00 Crores |
| Total Shares Offered | 34,672,896 shares |
| Fresh Issue | 25,327,102 shares |
| Offer For Sale | 9,345,794 shares |
Laser Power & Infra IPO Reservation
| Investor Category | Shares Offered |
|---|---|
| QIB Shares Offered | Not more than 50% of the Net Offer |
| Retail Shares Offered | Not less than 35% of the Net Offer |
| NII Shares Offered | Not less than 15% of the Net Offer |
Laser Power & Infra IPO Lot Size
Investors can bid for a minimum of 70 shares and in multiples thereof.
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (Min) | 1 | 70 | ₹14,980 |
| Retail (Max) | 13 | 910 | ₹194,740 |
| S-HNI (Min) | 14 | 980 | ₹209,720 |
| S-HNI (Max) | 66 | 4,620 | ₹988,680 |
| B-HNI (Min) | 67 | 4,690 | ₹1,003,660 |
Laser Power & Infra Financial Information (Restated Consolidated)
Laser Power & Infra Ltd.'s revenue decreased by 9% and profit after tax (PAT) rose by 42% between the financial year ending with March 31, 2026 and March 31, 2025.
| 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 |
| Reserves and Surplus | - | - | - |
| Total Borrowing | 828.23 | 502.95 | 393.75 |
Amount in ₹ Cr
Key Performance Indicators
As of Tuesday, March 31, 2026| KPI | Values |
|---|---|
| ROE (Return on Equity) | 23.32% |
| ROCE (Return on Capital Employed) | 17.83% |
| Debt/Equity | 1.10 |
| RoNW (Return on Net Worth) | 20.90% |
| PAT Margin (Profit After Tax Margin) | 6.46% |
| EBITDA Margin | 12.96% |
| Price to Book Value | 3.39 |
| Pre IPO | Post IPO | |
|---|---|---|
| EPS Rs | 13.18 | 10.80 |
| P/E (x) | 16.24 | 19.82 |
| Promoter Holding | 100.00% | 75.29% |
Company Promoters
- Deepak Goel
- Devesh Goel
- Akshat Goel
- Rakhi Goel
Company Overview
Laser Power & Infra Ltd. – Company Overview
- Laser Power & Infra Ltd. is an integrated manufacturer of power cables, conductors, and specialised products for the power transmission and distribution sector.
- The company also operates in the Engineering, Procurement & Construction (EPC) segment, providing turnkey solutions for rural electrification, power distribution infrastructure, and substation installation.
- It operates three manufacturing units in West Bengal with a combined installed capacity of 85.448 MT as of March 31, 2026.
- Business Segments:
- Manufacturing – Power cables, control cables, conductors, and speciality products.
- EPC – Rural & urban electrification, power distribution, and infrastructure development.
- As of March 31, 2026, the company had an order book of ₹32,434 million.
- The company has operations across 26 states, 4 Union Territories, and 10 countries, serving customers in the power infrastructure sector.
Company Strengths
- One of the leading players in terms of manufacturing capacity for power cables and conductors in East India.
- 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.
Use of Proceeds
| 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 | |
| Total | 490.00 |
Objectives
The Company proposes to utilise the Net Proceeds from the Issue towards the following objects:
Laser Power & Infra IPO Peer Comparison
Laser Power & Infra peer comparison with similar listed entities. (As on March 31, 2026)| Company Name | EPS (Basic) | EPS (Diluted) | NAV (per share) (Rs) | P/E (x) | RoNW (%) | P/BV Ratio | Financial statements |
|---|---|---|---|---|---|---|---|
| Our Company | 13.18 | 13.18 | 63.06 | - | 20.90 | - | Consolidated |
| Apar Industries | 243.21 | 242.81 | 1,342.70 | 67.05 | 67.05 | - | Consolidated |
| Polycab India | 177.53 | 176.95 | 797.79 | 56.98 | 22.25 | - | Consolidated |
| KEI Industries | 96.09 | 96.09 | 697.17 | 58.64 | 13.78 | - | Consolidated |
| Dynamic Cables | 17.42 | 17.42 | 94.36 | 21.05 | 18.47 | - | Consolidated |
| Universal Cables | 47.01 | 47.01 | 545.03 | 27.09 | 8.63 | - | Consolidated |
Quick Info
| Sector | Integrated Power Utilities |
| Exchange | BSE, NSE |
| Market Cap (Pre-IPO) | ₹3,003.88 Cr |
Important Dates
| IPO Open | Jul 09, 2026 |
| IPO Close | Jul 13, 2026 |
| Allotment Date | Jul 14, 2026 |
| Credit to Demat | Jul 15, 2026 |
| Listing Date | Tentative: Jul 16, 2026 |
Lead Manager(s)
IIFL Capital Services Ltd.
Registrar
Description
- IPO Type: Book build issue aggregating to ₹742.00 crores.
- Issue Structure: A combination of fresh issue of 2.53 crore shares aggregating to ₹542.00 crores and offer for sale of 0.93 crore shares aggregating to ₹200.00 crores.
- IPO Dates: The issue opens on July 9, 2026 and closes on July 13, 2026.
- Allotment Date: The allotment is expected to be finalized on July 14, 2026.
- Listing Details: The shares are proposed to be listed on both National Stock Exchange of India and BSE Limited on July 16, 2026.
- Retail Investment Requirement: Minimum 1 lot (70 shares) amounting to approximately ₹14,980 (at the upper price band).
- sNII Investment Requirement: Minimum 14 lots (980 shares) amounting to approximately ₹2,09,720.
- bNII Investment Requirement: Minimum 67 lots (4,690 shares) amounting to approximately ₹10,03,660.
- Issue Price Band: ₹203 to ₹214 per equity share.
- Lot Size: 70 shares per lot.
This IPO offers investors an opportunity to participate in the power and infrastructure sector through a combination of a fresh issue of shares and an offer for sale by existing shareholders.