Laser Power & Infra’s initial public offering (IPO) of ₹742 crore opens on July 9, with the issue structured as a mix of a fresh equity sale and an offer for sale (OFS) by existing shareholders. According to company filings and multiple reports, the IPO includes a fresh issue of equity shares worth ₹542 crore, alongside an OFS of shares aggregating up to ₹200 crore by promoter-selling shareholders.
The IPO price band is set at ₹203 to ₹214 per share. Ahead of the launch, NDTV reports grey-market indications suggesting a potential listing gain in the range of roughly 12% to 16% over the upper end of the price band, with another NDTV report referencing an estimated listing pop of around 15%.
Operationally, the company runs three manufacturing units in West Bengal. NDTV cites financial performance for FY26, reporting revenue of ₹2,326 crore and net profit of ₹151 crore. Other coverage states the company intends to use IPO proceeds to repay debt and fund expansion, including power infrastructure and network-related growth initiatives, while noting risks such as elevated debt and raw material price volatility.
