About
Laser Power & Infra Limited operates in the power transmission and distribution sector through two integrated business segments: manufacturing and engineering, procurement and construction (EPC). The company manufactures power cables and conductors, including products used in transmission and distribution networks, and also executes EPC projects involving the construction, erection, installation, testing and commissioning of power infrastructure. Its manufacturing business supplies products to third-party customers as well as to its own EPC division, creating an integrated operating model. The company generates revenue from the sale of manufactured cables and conductors and from executing EPC contracts. It operates three manufacturing units in West Bengal, supported by in-house quality testing laboratories and research and development capabilities. The company also serves customers in select international markets, while its EPC projects are primarily executed across various states in India.
IPO schedule
| Issue open date | 2026-07-09 |
| Issue close date | 2026-07-13 |
| UPI mandate deadline | 2026-07-13 (5 PM) |
| Allotment finalization | 2026-07-14 |
| Refund initiation | 2026-07-15 |
| Share credit | 2026-07-15 |
| Listing date | 2026-07-16 |
| Mandate end date | 2026-07-28 |
| Lock-in end date for anchor investors (50%) | 2026-08-12 |
| Lock-in end date for anchor investors (remaining) | 2026-10-11 |
Financials
| Financial Year Ended | March 2024 | March 2025 | March 2026 |
| Total Assets | 1986.99 | 2270.17 | 2632.36 |
| Revenue | 1763.65 | 2592.53 | 2347.89 |
| Profit After Tax | 40.41 | 106.75 | 151.59 |
Issue size
| Funds Raised in the IPO | Amount |
| Total issue size | 742 |
| Fresh Issue - Proceeds go to the company | 542 |
| Offer for sale - Proceeds go to the existing investors | 200 |
Utilisation of Proceeds
| Purpose | INR crores (%) |
|---|---|
| Repayment or prepayment of certain outstanding borrowings | 490 (90.41%) |
| General corporate purposes | 52 (9.59%) |
Strengths
- Integrated business model spanning power cable and conductor manufacturing along with EPC execution.
- Supplies specialised conductors through a manufacturing partnership with TS Conductor Corp, USA.
- Operates three manufacturing units with in-house production capabilities in West Bengal.
- Serves both product manufacturing and power transmission EPC businesses, providing multiple revenue streams.
- Long operating history dating back to 1988 in the power infrastructure sector.
Risks
- The business depends significantly on the timely execution of EPC projects, and delays or cost overruns could affect profitability.
- Operations require a continuous supply of key raw materials, and disruptions or price increases may impact margins.
- The company operates in a highly competitive power cables, conductors and EPC industry.
- A large portion of the IPO proceeds will be used to repay borrowings, reflecting a significant debt position.
- The business is exposed to risks from changes in government policies, infrastructure spending and the overall economic environment.
Allotment Status for Laser Power & Infra
To check your IPO allotment status:
- Visit the MUFG Intime India IPO Application Status page.
- Select the company name from the dropdown menu.
- Select and enter one of the following: PAN, Application Number, DP/Client ID, or Account Number/IFSC.
- Click Submit to view your allotment status.