Laser Power & Infra Initial public offering to open on Thursday, July 9, 2026
FinTech BizNews Service
Mumbai, July 6, 2026: Laser Power & Infra Limited (the “Company”) proposes to open an initial public offering (“Offer”) of its equity shares of face value of Rs5 each (“Equity Shares”) on Thursday, July 9, 2026. The Anchor Investor Bidding Date is one Working Day prior to Bid/Offer Opening Date, being Wednesday, July 8, 2026. The Bid/ Offer Closing Date is Monday, July 13, 2026.
(L-R) Deepak Goel, Chairman & MD, Laser Power & Infra and Devesh Goel, Whole-time Director & CEO, Laser Power & Infra at a press conference in connection with the company’s forthcoming Initial Public Offering (IPO).
The Price Band of the Offer has been fixed from Rs 203.00 per Equity Share of face value Rs5 each to Rs 214.00 per Equity Share of face value Rs5 each. Bids can be made for a minimum of 70 Equity Shares of face value Rs5 each and multiples of 70 Equity Shares of face value Rs5 each thereafter.
The Initial Public Offering comprises of a Fresh Issue of Equity Shares aggregating up to Rs5,420.00 million and an Offer for Sale of Equity Shares aggregating up to Rs2,000.00 million by the Promoter Selling Shareholders.
The Offer for Sale includes Equity Shares aggregating up to Rs1,125.00 million by Deepak Goel, Equity Shares aggregating up to Rs250.00 million by Rakhi Goel, and Equity Shares aggregating up to Rs625.00 million by Devesh Goel (collectively “Promoter Selling Shareholders”).
The Equity Shares of the Company are proposed to be listed on BSE Limited (“BSE") and the National Stock Exchange of India Limited (“NSE”) (BSE and NSE together, the “Stock Exchanges”).
IIFL Capital Services Limited (Formerly known as IIFL Securities Limited) and ICICI Securities Limited are the Book Running Lead Managers (“BRLMs”) to the Offer.
Kolkata headquartered Laser Power & Infra Limited is an *integrated manufacturer of power cables, conductors* and specialised products and components to the power transmission and distribution industry.
About Laser Power & Infra:
Incorporated in 1988, the company which operates two key business segments of *Manufacturing* and *EPC* serves clients like *Indian Railways* , various distribution companies including *TP Central Odisha Distribution Limited, TP Western Odisha Distribution Limited, TP Northern Odisha Distribution Limited, TP Southern Odisha Distribution Limited* and private EPC players such as Montecarlo Limited, KRYFS Power Components Limited etc.
Laser Power & Infra operates *three manufacturing units* located at West Bengal having a combined installed capacity of *85,448 MT* , as of March 31, 2026. While two units (Manufacturing Unit I and Manufacturing Unit II) are located at Dhulagarh, the third unit (Manufacturing Unit III) is located at Kharagpur. At the Manufacturing Unit I, high tension (HT) power cables, RDSO signalling control, quad cables and conductors are manufactured, and at the Manufacturing Unit II, aluminium wire rods and HT covered conductors are manufactured. Manufacturing Unit III is dedicated for the manufacturing of low tension (LT) aerial bunched cables, LT power cables and aluminium conductor steel reinforced (ACSR) conductors.
Laser Power & Infra is a licensed *stranding partner of TS Conductor Corp* , a U.S.-based company renowned for its transmission technology. The strategic partnership combines TS’s linemen-friendly design, easy workability, field compatibility, and proprietary pre-tensioned carbon fibre composite core technology with Laser’s proven capabilities in precision manufacturing and large-scale production.
This partnership with TS Conductor enables Laser to locally manufacture advanced, high-capacity conductors, significantly reducing import dependency and production lead times and allows it to offer energy-efficient transmission conductors that are lighter, stronger, and capable of carrying more power than conventional ACSR or CFCC conductors. Their engineered durability, with aluminium encapsulated sealed environmental protection to the core, safety and longevity by design make them ideal for utilities seeking to upgrade transmission lines without costly infrastructure overhaul.
