Laser Power & Infra Limited is set to open its initial public offering (IPO) on Thursday, July 9, 2026. The company has fixed the price band at ₹203 to ₹214 per equity share of face value ₹5 each.
The Anchor Investor Bidding Date is Wednesday, July 8, 2026, while the IPO will close on Monday, July 13, 2026. Investors can bid for a minimum of 70 equity shares and in multiples of 70 shares thereafter.
The IPO comprises a fresh issue of equity shares aggregating up to ₹542 crore and an offer for sale (OFS) aggregating up to ₹200 crore by the Promoter Selling Shareholders.
The OFS includes equity shares aggregating up to ₹112.5 crore by Deepak Goel, up to ₹25 crore by Rakhi Goel and up to ₹62.5 crore by Devesh Goel.
The offer is being made through the Book Building Process. Not more than 50% of the offer will be available for allocation to Qualified Institutional Buyers (QIBs), while not less than 15% will be available to Non-Institutional Investors (NIIs). At least 35% of the offer will be available for allocation to Retail Individual Investors (RIIs), subject to valid bids being received at or above the offer price.
All bidders, except Anchor Investors, are required to participate through the Application Supported by Blocked Amount (ASBA) process. UPI bidders must provide their UPI ID for blocking the bid amount.
The equity shares are proposed to be listed on BSE Limited and the National Stock Exchange of India Limited.
IIFL Capital Services Limited, formerly known as IIFL Securities Limited, and ICICI Securities Limited are the Book Running Lead Managers to the offer.
