IPO Snapshot
Key metrics and details at a glance.
Price Band
₹203 - ₹214
Per ShareLot Size
70 Shares
Minimum Investment
₹14,210
Issue Size
₹742 Cr
Face Value
₹5
Per ShareIPO Type
Book Building
Retail Quota
35%
QIB Quota
50%
NII Quota
15%
IPO Timeline
Important dates for your applying strategy.
Subscription Status
Live demand across investor categories.
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*Real-time data subject to exchange updates
Laser Power & Infra Ltd
Business model, operations, and market positioning.
About the Company
We are an integrated manufacturer of power cables, conductors and other specialised products and components to the power transmission and distribution industry in India. With an established operating history spanning over three decades, we have built a strong reputation for delivering high-quality products tailored to the evolving needs of our clients and tailor-made for their projects. In furtherance of our forward integration strategy, in the year 2015, we strategically expanded our 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.
Company History
Our Company was originally incorporated as `Laser Cables Private Limited' at Kolkata, West Bengal, as a private limited company under the provisions of the Companies Act, 1956, pursuant to a certificate of incorporation dated January 7, 1988, issued by the Registrar of Companies, West Bengal. Subsequently, pursuant to a resolution dated December 7, 2015 and January 28, 2016 passed by our Board and our Shareholders, respectively, the name of our Company was changed from `Laser Cables Private Limited' to `Laser Power & Infra Private Limited' and a fresh certificate of incorporation pursuant to change of name dated February 3, 2016 was issued by the Registrar of Companies, West Bengal at Kolkata. Thereafter, pursuant to a board resolution dated August 28, 2025 and a special resolution passed by the shareholders dated September 1, 2025, our Company was converted from a private company to a public limited company and the name of our Company was changed to `Laser Power & Infra Limited' and a fresh certificate of incorporation consequent upon conversion to a public company dated September 8, 2025 was issued by the Registrar of Companies, Central Processing Centre.
Products & Services
- The Company is an integrated manufacturer of power cables, conductors and other specialised products and components to the power transmission and distribution industry in India.
Growth Strategy
- Capitalize on the growth opportunities in power distribution industry to expand our product portfolio.
- Expand EPC portfolio by leveraging existing capabilities and strategic partnerships in the power sector.
- Leverage technology and automation to enhance manufacturing capabilities.
- Focus on increasing domestic and global presence and enter new markets
Customer Base
Wholesaler and Retailer
Promoter Holding (Pre-Issue)
100%
Promoter Holding (Post-Issue)
70.6%
Issue Type
Book Building
ISIN
INE17IR01028
Financial Performance
Revenue, profit, and asset growth over the last three financial years.
Data presented in crores for FY20 to FY24.
Objects of the Issue
How the company plans to utilize IPO proceeds.
The funds raised through this IPO will be used for:
Initial public offering of up to 3,46,72,897 equity shares of face value of Rs. 5 each ("Equity Shares") of Laser Power & Infra Limited (The "Company"or the "Issuer") for cash at a price of Rs. 203-214 per equity share of face value of Rs. 5 per equity share (the "Offer Price") aggregating up to Rs. 742 Crore (the "Offer") comprising a fresh issue of up to 25,327,102 equity shares of face value of Rs. 5 each by the company aggregating up to Rs. 542 Crore (the "Fresh Issue") and an offer for sale of up to 9,345,794 equity shares of face value of Rs. 5 aggregating up to Rs. 200 Crore comprising up to 5,257,009 equity shares of face value of Rs. 5 each aggregating up to Rs. 112.5 Crore by Deepak Goel, up to 1,168,224 equity shares of face value of Rs. 5 each aggregating up to Rs. 25 Crore by Rakhi Goel and up to 2,920,560 equity shares of face value of Rs. 5 each aggregating up to Rs. 62.5 Crore by Devesh Goel (the "Promoter Selling Shareholders") and such offer by the promoter selling shareholders, the ("Offer For Sale"). The company, in consultation with the brlms, may consider an issue of specified securities, as may be permitted under the applicable law, to any person(s), aggregating up to Rs. 160 Crore at its discretion, prior to filing of the red herring prospectus ("Pre-Ipo Placement"). The pre-ipo placement, if undertaken, will be at a price to be decided by the company, in consultation with the brlms. if the pre-ipo placement is completed, the amount raised pursuant to the pre-ipo placement will be reduced from the fresh issue,subject to compliance with rule 19(2)(b) of the scrr. the pre-ipo placement, if undertaken, shall not exceed 20% of the size of the fresh issue. Prior to the completion of the offer, the company shall appropriately intimate the subscribers to the pre-ipo placement, prior to allotment pursuant to the pre-ipo placement, that there is no guarantee that the company may proceed with the offer, or the offer may be successful and will result into listing of the equity shares on the stock exchanges. Further, relevant disclosures in relation to such intimation to the subscribers to the pre-ipo placement (If Undertaken)shall be appropriately made in the relevant sections of the red herring prospectus and prospectus. The company shall report any pre-ipo placement to the stock exchanges, within 24 hours of such pre-ipo placement (In Part Or In Entirety). Price Band: Rs. 203.00 to Rs. 214.00 per equity share of face value of Rs. 5 each. The floor price is 40.60 times the face value of the equity shares and the cap price is 42.80 times the face value of the equity shares. Bids can be made for a minimum of 70 equity shares of face value of Rs. 5 each and in multiples of 70 equity shares of face value of Rs. 5 each thereafter.
*Subject to approvals and market conditions.
- 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.
- The company's business largely depends on its top 10 customers which contributed 72.14%, 68.87% and 53.37% of the company Revenue from Operations in Fiscals 2026, 2025 and 2024. The loss of any of these customers could has an adverse effect on its business, financial condition, results of operations and cash flows.
- The sale of power cables and conductors manufactured by the Company contributes a significant portion to its Revenue from Operations (72.70%, 72.25% and 87.43% for the Fiscals 2026, 2025 and 2024). Any adverse development in the company''s performance in the manufacturing business segment could has an adverse effect on its business, cash flows, results of operation and financial position.
- Significant increases or fluctuations in prices of, or delay or disruption in supply of primary raw materials could affect the company's estimated costs, expenditures and timelines which may have a material adverse effect on its business, financial condition, results of operations and cash flows.
- The company depends on a limited number of suppliers and its does not has long term agreements with most of the company's suppliers for its raw materials and volatility in raw material prices and shortages or disruption in their supply could adversely affect the company's business, results of operations, financial condition and cash flows.
- The company's revenues from its EPC segment are dependent upon the company's ability to effectively secure contracts awarded to its through the competitive bidding route. Consequently, the company's results of operations and cash flows may be adversely affected or fluctuate materially periodically.