Laser Power & Infra Limited is an integrated power infrastructure company engaged in the manufacturing of conductors, power cables, control cables, aerial bunched cables, aluminium rods, and other specialised products used in the power transmission and distribution sector.
The company also operates an EPC (Engineering, Procurement & Construction) business, providing turnkey solutions for power transmission and distribution projects. Its EPC services include rural and urban electrification, substations, overhead and underground distribution networks, feeder segregation, and power infrastructure development.
The company operates three manufacturing facilities in West Bengal, strategically located near major ports and raw material sources, with certifications including ISO 9001, ISO 14001, and ISO 45001.
Business Segments:
- Manufacturing: Power cables, control cables, conductors, aerial bunched cables, aluminium rods, and other specialised power transmission products.
- EPC: Turnkey power infrastructure solutions, including transmission and distribution networks, substations, rural and urban electrification projects.
As of March 31, 2026, the company had an order book of ₹32,434 million. The company operates across 26 states and 4 Union Territories in India and 10 countries internationally.
Laser Power & Infra IPO – Details
| IPO Opening Date | 09 July 2026 |
| IPO Closing Date | 13 July 2026 |
| Issue Type | Book Built Issue IPO |
| Issue Size | Total Issue Size: [] Shares Worth ₹742.00 Crore Fresh Issue: [] Shares Worth ₹542.00 Crore Offer For Sale: [] Shares Worth ₹200.00 Crore |
| Face Value | ₹5 per equity share |
| IPO Price | ₹[] – ₹[] per share |
| Market Lot | [] Shares |
| Min Order | [] Shares [1 Lot] |
| Listing At | BSE, NSE |
| Register | MUFG Intime India Pvt. Ltd. |
| QIB Shares Offered | 50% |
| NII (HNI) Shares Offered | 15% |
| Retail Shares Offered | 35% |
Laser Power & Infra IPO – Date Schedule
| IPO Open Date | 09 July 2026 |
| IPO Close Date | 13 July 2026 |
| Basis of Allotment | 14 July 2026 |
| Initiation of Refund | 15 July 2026 |
| Credit of Shares to Demat Account | 15 July 2026 |
| IPO Listing Date | 16 July 2026 |
| Cut-off time for UPI mandate confirmation | 5 PM on July 13, 2026 |
Laser Power & Infra IPO – Lots Size & Price
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (Min) | – | – | |
| Retail (Max) | – | – | ₹ |
| S-HNI (Min) | – | – | ₹ |
| S-HNI (Max) | – | – | ₹ |
| B-HNI (Min) | – | – | ₹ |
Competitive Strength
- One of the leading players in terms of manufacturing capacity for power cables and conductors in East India.
- Strong manufacturing capabilities, through strategically located manufacturing units.
- Robust execution capabilities, with a track record of executing and handling complex EPC projects successfully and strong backward integration capabilities.
- Established track record with a marquee customer base.
- Strategic partnerships and collaboration with international players.
Company Promoters
- Deepak Goel
- Devesh Goel
- Akshat Goel
- Rakhi Goel
Company Financials
| Particulars | Total Revenue | Total Expense | Profit After Tax | Total Borrowing |
|---|---|---|---|---|
| 31 March 2024 | ₹1,763.65 Cr | ₹1,709.60 Cr | ₹40.41 Cr | ₹393.75 Cr |
| 31 March 2025 | ₹2,592.53 Cr | ₹2,454.39 Cr | ₹106.75 Cr | ₹502.95 Cr |
| 31 March 2026 | ₹2,347.89 Cr | ₹2,187.03 Cr | ₹151.59 Cr | ₹828.23 Cr |
Key Performance Indicator
| KPI | Values (Mar 31, 2026) |
|---|---|
| ROE | 23.32% |
| ROCE | 17.83% |
| Debt/Equity | 1.10 |
| RoNW | 20.90% |
| PAT Margin | 6.46% |
| EBITDA Margin | 12.96% |
| Pre IPO | Post IPO | |
| EPS (₹) | 13.18 | – |
| P/E (x) | – | – |
Object Of The Issue
| Objects of the Issue | Expected Amount (₹ in crores) |
|---|---|
| Pre-payment or re-payment, in full or in part, of all or a portion of certain outstanding borrowings availed by the Company. | ₹490.00 |
| General Corporate Purpose. |
Laser Power & Infra IPO Peer Comparison
| S. No. | Face Value (₹) | Company Name | P/E Ratio |
|---|---|---|---|
| 1 | 10 | Apar Industries Limited | 67.05 |
| 2 | 10 | Polycab India Limited | 56.98 |
| 3 | 2 | KEI Industries Limited | 58.64 |
| 4 | 10 | Dynamic Cables Limited | 21.05 |
| 5 | 10 | Universal Cables Limited | 27.09 |
✅Strengths
- Integrated manufacturing and EPC business model.
- Strong order book of ₹32,434 million.
- Presence across 26 states, 4 UTs, and 10 countries.
- Diversified portfolio of cables, conductors, and power products.
- Three manufacturing units with modern facilities.
⚠️Risks
- High dependence on EPC and government projects.
- Working capital-intensive business.
- Raw material price fluctuations may impact margins.
- Project execution delays can affect profitability.
- Faces intense competition in the power infrastructure sector.
Laser Power & Infra IPO Promoter Holding
| Pre-Issue Share Holding | 100.00% |
| Post Issue Share Holding | – |
Laser Power & Infra IPO Prospectus
Company Contact Information
| Laser Power & Infra Limited 4A, Pollock Street, 3rd Floor, Kolkata, West Bengal, 700001 Phone: +91 33 4822 9195 Email: investor.grievance@laserpowerinfra.com Website: https://laserpowerinfra.com/ |
Laser Power & Infra IPO Registrar
| MUFG Intime India Pvt. Ltd. Phone: +91-22-4918 6270 Email: laserpower.ipo@in.mpms.mufg.com Website: https://in.mpms.mufg.com/Initial_Offer/public-issues.html |
Laser Power & Infra IPO Lead Manager(s)
| 1. ICICI Securities Limited 2. IIFL Capital Services Limited |
Laser Power & Infra IPO FAQs
| What is the Laser Power & Infra IPO? Laser Power & Infra IPO is a main-board IPO. The issue is priced at ₹[] to ₹[] per equity share. The IPO is to be listed on the BSE & NSE. |
| When will the Laser Power & Infra IPO open? The IPO is to open on 09 July 2026 for QIB, NII, and Retail Investors. |
| What is Laser Power & Infra IPO Investors Portion? The investors’ portion for QIB – 50%, NII – 15%, and Retail – 35%. |
| What is the Laser Power & Infra IPO Size? Laser Power & Infra IPO size is ₹742.00 Crore. |
| What is the Laser Power & Infra IPO Minimum and maximum lot sizes for Retail? The minimum bid is [] Shares with ₹[], while the maximum bid is [] Shares with ₹[]. |
| What is the Laser Power & Infra IPO Allotment Date? Laser Power & Infra IPO allotment date is 14 July 2026. |
| What is the Laser Power & Infra IPO Listing Date? Laser Power & Infra IPO listing date is 16 July 2026. The IPO is to be listed on the BSE and the NSE. |
