Laser Power & Infra is opening its initial public offering (IPO) on July 9, 2026, aiming to raise ₹742 crore. The price band for the IPO is set between ₹203 and ₹214 per share, with a minimum investment of ₹14,980. The company operates in power transmission and distribution, manufacturing power cables, conductors, and executing engineering, procurement, and construction (EPC) projects, according to livemint.com.
The IPO comes amid strong investor interest in infrastructure and capital goods sectors. Laser Power & Infra has reported a revenue compound annual growth rate (CAGR) of 39.84%, reflecting robust financial performance. The positive grey market premium ahead of the IPO signals healthy demand from investors. The company’s diversified product portfolio and EPC execution capabilities position it well within the power transmission industry, livemint.com noted.
This IPO is part of a broader trend of infrastructure companies tapping the public markets to fund expansion and capitalize on growing demand for power transmission solutions. Comparable companies in the sector have also seen strong investor appetite, driven by government initiatives to strengthen power infrastructure. Laser Power & Infra’s focus on manufacturing and EPC services aligns with market needs for integrated power solutions, enhancing its appeal to investors, per livemint.com.
Subscriptions for the IPO open on July 9, with the company targeting to close the offer shortly thereafter. The final allotment and listing dates will be announced post-subscription, marking a key milestone for Laser Power & Infra’s public market debut, as reported by livemint.com.