Shares of Laser Power & Infra are set to debut on the Indian stock market on July 16, following a successful IPO priced between ₹203 and ₹214 per share. The IPO attracted strong demand, especially from qualified institutional buyers (QIBs) and non-institutional investors (NIIs), with the listing price expected around ₹258, indicating a 20.56% premium, according to livemint.com.
The IPO allotment was finalized on July 14, with shares credited to investors’ demat accounts on July 15. The company’s public offering saw robust subscription levels, reflecting investor confidence ahead of the listing. Market participants are anticipating the stock’s performance on its first day of trading, which will provide clarity on investor sentiment and demand dynamics.
This listing adds to the growing number of infrastructure companies tapping public markets to raise capital amid increased investor interest in the sector. The premium pricing signals positive market reception compared to recent IPOs in the infrastructure space. Laser Power & Infra’s listing is part of a broader trend of infrastructure firms leveraging equity markets to support expansion and operational scaling.
The shares will officially begin trading on July 16, marking a key milestone for Laser Power & Infra. Investors allocated shares can verify their demat accounts for credit confirmation as of July 15, per the company’s IPO allotment update.