Laser Power & Infra Limited IPO
Listed
38.74×
Subscribed
Price band
₹214 – ₹214
Open – close
09 Jul 2026
to 13 Jul 2026
Listing
16 Jul 2026
What the filing actually says
Our read of the offer document and the exchange data — not the issuer's summary of itself
Strong3 of 7 dimensions read
The disclosed numbers are strong — 2 of 3 signals read positive
Strength77/100
- Meaningful leverageDebt/equity of 1.14×
- Minimal related-party dealingsRelated-party transactions are only 0.4% of revenue
- Institutions bid heavilyQIB portion subscribed 92.25×
Every line above is arithmetic on a figure shown elsewhere on this page - no model, no opinion. It describes the quality of the offering as disclosed, and is pulled toward neutral to reflect how much the document leaves unsaid. It is not a prediction of the listing price, and it is not advice to apply.
Dates
The issuer's tentative timetable — a date passing is not confirmation the step completed
- Opens09 Jul 2026
- Closes13 Jul 2026
- Listing16 Jul 2026
Demand and your odds
How the book filled, and what that means for an application
Subscription by category
Qualified institutionalQIB92.25x
Non-institutionalNII / HNI43.27x
Retail individualRII6.21x
Chance of allotment
Retail6.21× subscribed
~1 in 6.2
Retail is 6.21× subscribed. Allotment is a lottery on a single lot, so roughly 1 in 6.2 applications gets one lot. Bidding for extra lots does not improve these odds.
HNI / NII43.27× subscribed
~1 in 43.3
HNI is 43.27× subscribed. This category is allotted proportionately, so a bid receives roughly 1/43.3 of the shares applied for, subject to the minimum-lot draw.
Derived from SEBI's allotment mechanics and the subscription figures beside it. Retail allotment is a lottery on a single lot, so applying for more lots does not improve your chance of getting something.
Grey market premium
Unofficial dealer quotes — not published by NSE, BSE, SEBI or the company
₹15+7.0%
over the upper band · last seen 07 Sept 2026
What this number is not. Grey-market premium is an unregulated, thinly-traded quote from private dealers. It is not a forecast of the listing price, it is not verifiable, and it can be moved by the same people who benefit from it looking high. We publish it because you will look it up anyway — and we deliberately do not convert it into an expected listing gain, because that arithmetic implies a reliability the number has never earned. For what actually happened to comparable issues, see recent outcomes below.
The offering
Terms, structure and who is selling
Terms
Price band₹214 – ₹214
Fresh issue₹5.42k Cr
Offer for sale₹2k Cr
Company & valuation
Debt / equity1.14×
Related-party0.39%of revenue
26.9% of this issue is an offer for sale. The rest is fresh capital that goes into the company itself.
What the money is for
Stated use of the net proceeds
- 01Pre-payment or re-payment, in full or in part, of all or a portion of certain outstanding borrowings availed by our Company₹4.9k Cr
- 02General corporate purposesnot stated
Objects with no stated amount — typically general corporate purposes — are funded from whatever remains, so the quantified figures do not sum to the whole issue.
Risks worth reading
Ranked by our severity assessment, not by the order the prospectus prints them
mediumOur business largely depends on our top 10 customers, which contributed 72.14%, 68.87% and 53.37% of our Revenue from Operations in Fiscals 2026, 2025 and 2024. The loss of any of these customers could have an adverse effect on our business, financial condition, results of operations and cash flows.
mediumThe sale of power cables and conductors manufactured by our Company contributes a significant portion to our Revenue from Operations (72.70%, 72.25% and 87.43% for the Fiscals 2026, 2025 and 2024). Any adverse development in our performance in the manufacturing business segment could have an adverse
mediumThe cables and conductors market is dependent primarily on governments planned expenditure on building new transmission and distribution networks or upgrading existing transmission and distribution networks. Accordingly, our cables and conductors business may be affected by a reduction in budgetary
What happened to comparable issues
The last 8 issues to list with a recorded opening price, most comparable first
Median listing gain
+26.9%
Listed up
8 of 8
Best
+90.0%
Millworks Technologies
Worst
3.0%
Happy Steels
Caliber Mining and Logistics Limitedsame segment
146.4× sub+18.0%
Sotefin Bharatsame segment
3.8× sub+9.6%
Millworks Technologiessame segment
192.7× sub+90.0%
SBI Funds Management Limitedsame segment
41.6× sub+6.8%
Happy Steelssame segment
72.0× sub+3.0%
Devson Catalystsame segment
203.7× sub+66.2%
Kusumgar Limitedsame segment
127.9× sub+35.8%
IC Electricalssame segment
378.6× sub+67.7%
Past issues are context, not a forecast — this issue is a different company at a different price. We show it because "how have issues like this one actually opened" is a question with a real answer, and grey-market premium is not that answer.
Offer documents
The primary sources everything above is drawn from
Common questions
What is the Laser Power & Infra Limited IPO GMP today?
The most recent grey-market premium recorded for Laser Power & Infra Limited is ₹15 per share — about 7.0% over the ₹214 upper band. Grey-market premium is an unofficial, unregulated quote from private dealers. It is not published by NSE, BSE, SEBI or the company, and it is not a forecast of the listing price.
How many times is the Laser Power & Infra Limited IPO subscribed?
Laser Power & Infra Limited is subscribed 38.74× overall (QIB 92.25×, NII 43.27×, retail 6.21×). Subscription keeps changing until the issue closes; the final basis of allotment is published by the registrar.
What are the chances of allotment in the Laser Power & Infra Limited IPO?
The retail portion is subscribed 6.21×, so allotment is by lottery and the odds of receiving at least one lot are roughly 1 in 6. Applying for more lots does not improve the chance of getting something — every retail applicant competes for the same single minimum lot.
Disclaimer. Figures are compiled from the issuer's offer document and exchange-published bidding data. Subscription changes until the issue closes, and the final basis of allotment is published by the registrar. Grey-market premium is unofficial and is not a forecast. Nothing here is investment advice or a recommendation — read the offer document and consult a SEBI-registered adviser before applying.