Laser Power & Infra IPO GMP Today, Review, Price Band & Allotment

Laser Power & Infra IPO will open for subscription on July 9, 2026. The company plans to raise ₹742 crore through a combination of a fresh issue and an Offer for Sale (OFS). A major portion of the fresh issue proceeds will be used to repay existing borrowings, helping strengthen the company's balance sheet. Ahead of the issue opening, the Grey Market Premium (GMP) stands at around ₹19, indicating an estimated listing gain of approximately 8.88%.

In this article, you'll find the latest Laser Power & Infra IPO GMP, key dates, lot size, financial performance, valuation, strengths and risks, subscription updates, allotment process, and our investment outlook.

📋 Table of Contents

Laser Power & Infra IPO Key Details

The IPO consists of both a fresh issue and an Offer for Sale (OFS). While the proceeds from the fresh issue will be used mainly for debt repayment and general corporate purposes, the OFS proceeds will go to the existing selling shareholders.

Laser Power & Infra IPO GMP Today

• Current GMP: ₹19
• Expected Listing Price: ₹233 per share
• Estimated Listing Gain: 8.88%

GMP Last Updated: July 7, 2026

The Grey Market Premium (GMP) indicates how the IPO is trading in the unofficial market before listing. Laser Power & Infra IPO is currently commanding a GMP of ₹19, implying an estimated listing price of around ₹233 per share. While this reflects positive market sentiment, GMP is unofficial and should not be treated as a guaranteed listing price.

Laser Power & Infra IPO GMP Trend

The GMP moved from ₹0 to ₹28 before easing to ₹19. Investors should track both GMP movement and subscription demand, as listing performance depends on multiple market factors.

For live GMP updates, visit the IPOwiz Live GMP Tracker.

Laser Power & Infra IPO Important Dates

Laser Power & Infra IPO Lot Size & Investment

About Laser Power & Infra Limited

Founded in 1988, Laser Power & Infra Limited is an integrated power infrastructure company engaged in manufacturing power cables, conductors, and transmission products, along with executing Engineering, Procurement and Construction (EPC) projects.

The company operates three manufacturing facilities in West Bengal with an installed production capacity of over 85,000 MT. Through its EPC business, it undertakes rural electrification, power transmission, substations, and distribution network projects across India.

Laser Power & Infra has operations across 26 states and 4 Union Territories and exports products to 10 countries. As of March 31, 2026, the company reported an order book worth ₹3,243.4 crore, providing healthy revenue visibility for the coming years.

The company's integrated manufacturing and EPC model helps improve execution efficiency, control costs, and support long-term growth in India's expanding power infrastructure sector.

Laser Power & Infra IPO Financial Performance

Laser Power & Infra has delivered strong profit growth over the last three financial years. Although revenue declined slightly in FY26, the company continued to improve profitability through better operating efficiency and margin expansion.

Total income declined by around 9% in FY26 compared to FY25. However, the company's net profit increased by nearly 42%, reflecting improved operating efficiency and better margins. The EBITDA margin of 12.96% also indicates that the company has been able to generate higher profitability despite lower revenue.

Key Financial Ratios (FY26)

• Return on Equity (ROE): 23.32%
• Return on Net Worth (RoNW): 20.90%
• Return on Capital Employed (ROCE): 17.83%
• Debt-to-Equity Ratio: 1.10x
• Outstanding Borrowings: ₹828.23 crore
• Net Asset Value (NAV): ₹63.06 per share

Although borrowings remain relatively high, the company plans to use a significant portion of the IPO proceeds to repay debt, which should strengthen its balance sheet and improve future profitability.

How Laser Power & Infra Will Use IPO Proceeds

The company plans to utilize the proceeds from the fresh issue primarily for debt reduction, with the remaining amount allocated towards general corporate purposes.

Out of the ₹542 crore fresh issue, nearly 90% will be used to repay existing borrowings. Lower debt is expected to reduce interest costs and improve earnings in the coming years, making this a positive use of IPO proceeds.

Laser Power & Infra IPO Valuation vs Peers

At the upper price band of ₹214 per share, the IPO is valued at a post-issue P/E of 19.82x, which is lower than most listed companies in the power cable and conductor industry.

The IPO is attractively priced compared to listed peers. While companies like Polycab, KEI Industries and Apar Industries trade at significantly higher valuation multiples, Laser Power & Infra is available at below 20x earnings with a healthy 20.90% RoNW. This provides reasonable valuation comfort for investors, provided the company continues to deliver strong earnings growth.

Laser Power & Infra IPO Strengths and Risks

Before applying for the Laser Power & Infra IPO, investors should evaluate both the company's strengths and the risks associated with its business and valuation.

💪 Key Strengths

• The IPO is priced at a P/E of 19.82x, lower than many listed industry peers.
• Net profit increased by 42% in FY26 despite lower revenue.
• Around ₹490 crore from the fresh issue will be used to reduce debt.
• Integrated manufacturing and EPC operations help improve cost efficiency.
• A healthy order book of ₹3,243.4 crore provides revenue visibility.
• The company operates across 26 Indian states and exports to 10 countries.
• RoNW of 20.90% reflects strong profitability.

⚠️ Key Risks

• Revenue declined by around 9% during the latest financial year.
• The company carries significant debt before the IPO.
• Pre-issue Debt-to-Equity stands at 1.10x.
• Profitability can be affected by fluctuations in copper and aluminium prices.
• Execution of EPC projects depends on government approvals and infrastructure spending.
• Current GMP indicates only a moderate expected listing gain.

Should You Apply for Laser Power & Infra IPO? Final Verdict

IPOwiz Rating: I will Apply

The Laser Power & Infra IPO is reasonably valued compared to listed peers and offers a healthy Return on Net Worth (RoNW) of 20.90%. The company's plan to use most of the fresh issue proceeds for debt repayment should improve its balance sheet and reduce future interest costs.

Although revenue declined in the latest financial year and the Grey Market Premium (GMP) indicates only moderate listing gains, the company's strong order book, improving profitability, and exposure to India's growing power infrastructure sector make it attractive for investors with a medium- to long-term investment horizon.

How to Check Laser Power & Infra IPO Allotment Status

The Laser Power & Infra IPO allotment is expected to be finalized on July 14, 2026. Investors can check their allotment status using any of the following methods.

Laser Power & Infra IPO Subscription Status

The Laser Power & Infra IPO subscription status will be updated live once the issue opens for bidding on July 9, 2026. Investors will be able to track subscription across Retail, QIB, NII, sNII and bNII categories throughout the bidding period.

You can also follow our Telegram channel for real-time subscription updates and daily bidding trends.

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