IPO
Laser Power & Infra Limited: Initial public offering to open on July 9
Kolkata-based Laser Power & Infra Limited has proposed to open an initial public offering of its equity shares of face value of ₹5 each 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.
The Price Band of the Offer has been fixed from ₹ 203.00 per Equity Share of face value ₹5 each to ₹ 214.00 per Equity Share of face value ₹5 each. Bids can be made for a minimum of 70 Equity Shares of face value ₹5 each and multiples of 70 Equity Shares of face value ₹5 each thereafter.
The Initial Public Offering comprises of a Fresh Issue of Equity Shares aggregating up to ₹5,420.00 million and an Offer for Sale of Equity Shares aggregating up to ₹2,000.00 million by the Promoter Selling Shareholders.
The Offer for Sale includes Equity Shares aggregating up to ₹1,125.00 million by Deepak Goel, Equity Shares aggregating up to ₹250.00 million by Rakhi Goel, and Equity Shares aggregating up to ₹625.00 million by Devesh Goel (collectively “Promoter Selling Shareholders”).
Further, not less than 15% of the Offer shall be available for allocation to Non-Institutional Investors (“NIIs”) (“Non-Institutional Category”), of which one-third of the Non-Institutional Category shall be available for allocation to Bidders with a Bid size of more than ₹200,000 and up to ₹1,000,000 and two-thirds of the Non-Institutional Category shall be available for allocation to Bidders with a Bid size of more than ₹1,000,000 and under-subscription in either of these two sub-categories of the Non-Institutional Category may be allocated to Bidders in the other sub-category of the Non-Institutional Category in accordance with the SEBI ICDR Regulations, subject to valid Bids being received at or above the Offer Price.
Pinak Bhattacharyya, President, Head Corporate Finance, IIFL Capital Services; Amit Goel, CFO, Laser Power & Infra; Deepak Goel, Chairman & MD, Laser Power & Infra; Devesh Goel, Whole-time Director & CEO, Laser Power & Infra and Ashwani Khare – Business Head - Industrials, ICICI Securities at a press conference in connection with Laser Power & Infra’s forthcoming Initial Public Offering (IPO).Photo: PR Team
Further, not less than 35% of the Offer shall be available for allocation to Retail Individual Investors (“RIIs”) (“Retail Category”), in accordance with the SEBI ICDR Regulations, subject to valid Bids being received from them at or above the Offer Price.
All Bidders (except Anchor Investors) shall mandatorily participate in this Offer only through the Application Supported by Blocked Amount (“ASBA”) process and shall provide details of their respective bank account (including UPI ID in case of UPI Bidders (defined hereinafter)) in which the Bid Amount will be blocked by the Self Certified Syndicate Banks (“SCSBs”) or the Sponsor Bank(s), as the case may be. Anchor Investors are not permitted to participate in the Offer through the ASBA process.
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.
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