Laser Power & Infra Limited Announces Initial Public Offering; Price Band Set at ₹203–₹214 per Equity Share
IPO to open on July 9, 2026; Fresh Issue of ₹5,420 million and Offer-for-Sale of ₹2,000 million
POSTED BY:- Poonam S. Juthani
DT:-07/07/2026
9867490397
Mumbai, July 6, 2026 — Laser Power & Infra Limited (the “Company”) has announced the launch of its Initial Public Offering (IPO) of equity shares of face value ₹5 each. The IPO will open for subscription on Thursday, July 9, 2026, and close on Monday, July 13, 2026. The Anchor Investor Bidding Date is scheduled for Wednesday, July 8, 2026, one working day prior to the opening of the offer.
The Price Band has been fixed at ₹203 to ₹214 per equity share of face value ₹5 each. Investors can bid for a minimum of 70 equity shares and in multiples of 70 thereafter.
Offer Details
The IPO comprises:
- A Fresh Issue of Equity Shares aggregating up to ₹5,420 million.
- An Offer-for-Sale (OFS) of Equity Shares aggregating up to ₹2,000 million by the Promoter Selling Shareholders.
The OFS includes:
- Equity Shares aggregating up to ₹1,125 million by Deepak Goel.
- Equity Shares aggregating up to ₹250 million by Rakhi Goel.
- Equity Shares aggregating up to ₹625 million by Devesh Goel.
The equity shares of the Company are proposed to be listed on both BSE Limited (BSE) and the National Stock Exchange of India Limited (NSE).
Book Running Lead Managers
The IPO is being managed by:
- IIFL Capital Services Limited (formerly known as IIFL Securities Limited).
- ICICI Securities Limited.
These institutions are acting as the Book Running Lead Managers (BRLMs) to the Offer.
Company Overview
Laser Power & Infra Limited is a diversified infrastructure and power solutions company with a strong presence across multiple verticals. Over the years, the Company has established itself as a trusted player in delivering engineering excellence, innovative solutions, and sustainable practices.
The Company’s portfolio includes projects in power transmission, infrastructure development, and engineering services, supported by advanced technology and a skilled workforce. Its integrated approach allows it to deliver end-to-end solutions, from design and manufacturing to execution and maintenance.
Financial Highlights
Laser Power & Infra Limited has demonstrated consistent growth and resilience in its financial performance. The Fresh Issue is expected to strengthen the Company’s balance sheet, support expansion plans, and enhance its ability to undertake larger projects in the future.
The Offer-for-Sale provides an opportunity for promoter shareholders to partially divest their holdings while reinforcing the Company’s commitment to broadening its investor base.
Strategic Objectives of the IPO
The proceeds from the Fresh Issue are proposed to be utilized for:
- Funding capital expenditure requirements.
- Strengthening working capital.
- Supporting infrastructure expansion and modernization.
- General corporate purposes.
By raising fresh capital, the Company aims to accelerate its growth trajectory, expand its market presence, and reinforce its position as a leading player in the infrastructure and power sector.
Investor Information
Potential investors are advised to carefully review the Red Herring Prospectus (RHP) dated July 3, 2026, available on the Company’s website at Laser Power & Infra RHP, as well as on the websites of SEBI, BSE, NSE, and the BRLMs.
The RHP provides detailed information about the Company, its management, financial statements, risk factors, and the terms of the Offer. Investors should note that investment in equity shares involves a high degree of risk and are encouraged to consult the “Risk Factors” section of the RHP before making any investment decisions.
Regulatory Disclaimers
- SEBI Disclaimer: SEBI’s observations on the offer documents do not constitute approval of the issue or the securities. Investors are advised to refer to the full disclaimer in the RHP.
- BSE Disclaimer: Permission granted by BSE Limited should not be construed as approval of the RHP or its contents.
- NSE Disclaimer: Permission granted by NSE should not be construed as approval of the issue document or its contents.
This announcement has been prepared for publication in India and may not be released in the United States. The securities described herein are not being offered or sold in the United States and may not be offered or sold absent registration under the U.S. Securities Act of 1933 or an applicable exemption.
Conclusion
The upcoming IPO of Laser Power & Infra Limited represents a significant milestone in the Company’s journey. With a combination of fresh capital infusion and promoter divestment, the Offer is expected to strengthen the Company’s financial position, support expansion, and enhance its visibility in the capital markets.
By listing on both BSE and NSE, the Company aims to provide investors with an opportunity to participate in its growth story, backed by a strong track record, diversified portfolio, and strategic vision for the future.
