Laser Power & Infra
Laser Power & Infra Ltd. is a leading Indian manufacturer of power cables, conductors, and specialized components for the power transmission and distribution industry. The company also operates in the Engineering, Procurement, and Construction (EPC) segment, focusing on rural electrification and substation installation.
Price Band
₹214 - ₹214
Lot Size
70 Shares
Issue Size
₹742.00 Cr
Fresh Issue
₹542.00 Cr
OFS
₹200.00 Cr
Registrar
AI Sentiment Score
Listing Price
₹250.00
vs Issue: ₹214 (+16.82%)
📅 IPO Timeline
1
Open
TBD
2
Close
TBD
✓
Allotment
Jul 14
✓
Refund
Jul 15
✓
Demat
Jul 15
✓
Listing
Jul 16
✨ AI Analysis & Prediction
+11.1%
predicted listing gain
The predicted listing gain is adjusted downward from the 20.09% GMP baseline due to a lack of institutional subscription data and a moderate debt-to-equity ratio of 1.1. However, strong PAT growth over three years and a significant fresh issue component for debt reduction provide a positive fundamental cushion.
💪 Strengths
- Consistent growth in PAT from ₹40.41Cr to ₹151.59Cr over three years
- Wide geographical presence across 26 states and 10 countries
⚠️ Weaknesses
- Revenue decline between FY25 and FY26
- Debt-to-equity ratio of 1.1
🚀 Opportunities
- Utilization of ₹490Cr IPO proceeds for debt repayment to improve margins
- Expansion in rural electrification and substation installation
🛡️ Threats
- High competition from established peers like Polycab and KEI Industries
- Cyclical nature of the power infrastructure and EPC sector
🎯 Objectives of the IPO
| Requirement / Purpose | Amount (₹ Cr) |
|---|---|
| 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 |
| General Corporate Purpose | ₹252.00 |
📊 Financial Overview
| Metric | FY24 | FY25 | FY26 |
|---|---|---|---|
| Revenue (₹ Cr) | Rs 1,748.00 Cr | Rs 2,570.00 Cr | Rs 2,326.00 Cr |
| Net Profit / PAT (₹ Cr) | Rs 39.00 Cr | Rs 107.00 Cr | Rs 152.00 Cr |
| EBITDA / Op. Profit (₹ Cr) | Rs 156.00 Cr | Rs 250.00 Cr | Rs 301.00 Cr |
| Borrowings (₹ Cr) | Rs 403.00 Cr | Rs 504.00 Cr | Rs 871.00 Cr |
| Total Assets (₹ Cr) | Rs 1,987.00 Cr | Rs 2,270.00 Cr | Rs 2,632.00 Cr |
| ROCE % | 15.00% | 21.00% | 21.00% |
Debt/Equity
1.10
📋 Live Subscription Status
QIB
0.00x
NII
0.00x
Retail
0.00x
Total
0.00x
💼 Reservation Quota
QIB
50.00%
Retail
35.00%
NII
15.00%
📈 Shareholding & Anchor Lock-In
🔗 Important Links & Lead Managers
- Registrar WebsiteVisit →
- Download DRHP ProspectusDownload PDF 📥
- Download RHP ProspectusDownload PDF 📥
Lead Managers / Merchant Bankers
This issue is managed by Hem Securities Ltd., and Share India Capital Services Pvt. Ltd.
Disclaimer: The information provided on this page is for educational and informational purposes only and does not constitute financial advice. IPO investments are subject to market risks. AI-generated analysis is based on publicly available data and may not be accurate. Grey Market Premium (GMP) is unofficial and highly speculative. Always consult a qualified financial advisor and read the DRHP/RHP carefully before making investment decisions.
Laser Power & Infra Ltd. has established itself as a key player in India's power infrastructure sector, specializing in the manufacturing of power and control cables, conductors, and specialty products. The company has strategically evolved by integrating vertically into the Engineering, Procurement, and Construction (EPC) segment, providing turnkey solutions for power distribution and rural electrification projects.
Operational scale is significant, with the company executing projects across 26 Indian states and four union territories, including key markets such as West Bengal, Bihar, Jharkhand, Odisha, Assam, and Madhya Pradesh. Furthermore, the company has extended its global footprint, operating in 10 different countries, demonstrating its capability to meet international quality standards.
The business model combines high-volume manufacturing with specialized infrastructure services, allowing the company to capture value across the entire power distribution chain from equipment supply to final installation of substations. This diversified approach helps mitigate risks associated with reliance on a single product line.
The company is led by a promoter group consisting of Deepak Goel, Devesh Goel, Akshat Goel, and Rakhi Goel. Under their leadership, the company has scaled its operations and expanded its asset base to over ₹2,632 crore as of 2026, positioning itself as a critical partner in India's energy transition and infrastructure development.
The Laser Power & Infra IPO is a Mainboard issue seeking to raise approximately ₹742 crore. The issue structure consists of a fresh issue of ₹542 crore and an Offer for Sale (OFS) of ₹200 crore. The price band is set between ₹203 and ₹214 per share, with a minimum retail lot size of 70 shares. The IPO opens on July 9, 2026, and closes on July 13, 2026, with listing on both BSE and NSE on July 16, 2026.
A critical aspect of this IPO is the utilization of proceeds; the company intends to use ₹490 crore from the fresh issue to pre-pay or repay outstanding borrowings. This strategic move is expected to significantly deleverage the balance sheet and improve future net margins by reducing interest costs.
Financial performance shows a strong upward trajectory in profitability. While revenue saw a slight dip from ₹2,592.53 crore in 2025 to ₹2,347.89 crore in 2026, the PAT (Profit After Tax) grew substantially from ₹106.75 crore in 2025 to ₹151.59 crore in 2026. This indicates improved operational efficiency and better margin management.
From a valuation perspective, the company reports a basic EPS of ₹13.18 for FY26 and a Return on Equity (ROE) of 23.32%. While specific P/E ratios were not explicitly provided for the company in the scraped data, comparisons with peers like Apar Industries and Polycab suggest the company is operating in a high-growth sector with significant institutional interest.
Key investment strengths include the company's wide geographical reach and strong PAT growth. However, risks include a debt-to-equity ratio of 1.1 and the inherent volatility of the EPC business. Investors should view this as a fundamentally strong play on India's power sector, balanced by the current debt levels being addressed via the IPO proceeds.