Laser Power IPO Day 3: The Laser Power IPO has attracted strong investor interest on Day 3 of bidding, with the issue subscribed 3.68 times so far. Meanwhile, the latest Grey Market Premium (GMP) indicates an estimated 16% listing gain, keeping investor sentiment upbeat.
If you’re planning to invest, here’s everything you need to know about the Laser Power IPO subscription status, GMP today, review, allotment date, listing date, and whether you should apply or skip.
📅 Laser Power IPO Key Dates
| Particulars | Details |
|---|---|
| IPO Opens | July 10, 2026 |
| IPO Closes | July 13, 2026 |
| Price Band | ₹205–₹214 per share |
| Lot Size | 70 shares |
| Issue Size | ₹742 crore |
| Allotment Date (Expected) | July 14, 2026 |
| Refunds | July 15, 2026 |
| Shares Credited | July 15, 2026 |
| Listing Date (Expected) | July 16, 2026 |
| Exchanges | BSE & NSE |
💰 Laser Power IPO GMP Today
The Laser Power IPO GMP today stands at ₹34.5.
📊 Estimated Listing Price
- Upper Price Band: ₹214
- Current GMP: ₹34.5
- Estimated Listing Price: ₹248.5
👉 This indicates an expected listing premium of around 16.12% over the issue price.
Over the past 10 trading sessions, the Grey Market Premium has remained positive, moving between ₹0 and ₹36.5, reflecting improving investor confidence ahead of listing.
Note: GMP is an unofficial market indicator and should not be considered a guarantee of listing performance.
🔥 Laser Power IPO Subscription Status Day 3 (Live)
The Laser Power IPO subscription status has improved significantly on the final day.
| Category | Subscription |
|---|---|
| QIB | Strong demand |
| NII | Robust participation |
| Retail | Healthy response |
| Overall | 3.68x ✅ |
The IPO has received strong demand from investors, indicating healthy market interest in the issue.
🏭 About Laser Power & Infra Ltd.
Laser Power & Infra Ltd. is engaged in both manufacturing and Engineering, Procurement and Construction (EPC) businesses.
Its product portfolio includes:
- ⚡ Power cables
- ⚡ Aluminium conductors
- ⚡ Aluminium wire rods
- ⚡ Aerial Bunched (AB) cables
- ⚡ Power transmission products
These products are widely used in India’s power transmission and distribution sector.
The company currently operates three manufacturing plants in West Bengal, with a combined installed capacity of 85,448 metric tonnes as of March 31, 2026.
💼 How Will the IPO Money Be Used?
Out of the fresh issue proceeds:
- ✅ ₹490 crore will be used to repay or prepay borrowings.
- ✅ Remaining funds will be used for general corporate purposes.
Reducing debt is expected to lower finance costs and improve profitability over the coming years.
⭐ Laser Power IPO Review
Several brokerages have recommended subscribing to the IPO.
✅ BP Equities — Subscribe
BP Equities believes the company is well-positioned to benefit from India’s growing investment in:
- Power transmission
- Distribution infrastructure
- Smart grids
- Network modernisation
Despite valuations appearing slightly premium, the brokerage believes long-term growth prospects remain strong.
✅ Swastika Investmart — Subscribe
Swastika Investmart highlights:
- Nearly 90% of fresh issue proceeds will reduce debt.
- Strong ₹3,243 crore order book.
- Healthy earnings growth.
- Improving EBITDA margins.
The brokerage recommends the IPO for medium- to long-term investors.
✅ SBICAP Securities — Subscribe
SBICAP Securities points to impressive financial growth during FY24–FY26:
- 📈 Revenue CAGR: 15.4%
- 📈 EBITDA CAGR: 39%
- 📈 Adjusted PAT CAGR: 72.5%
It believes debt reduction after the IPO could further boost profitability.
✅ Choice Equity Broking — Subscribe for Long Term
Choice Equity says the company benefits from:
- Diversified product portfolio
- Strong EPC business
- Healthy industry outlook
- Improving balance sheet after debt repayment
The brokerage believes the valuation remains reasonable considering future earnings potential.
📊 Laser Power IPO Financial Strengths
✔ Strong order book worth ₹3,243 crore
✔ Diversified power infrastructure business
✔ Manufacturing + EPC model
✔ Debt reduction after IPO
✔ Improving operating margins
✔ Beneficiary of India’s power infrastructure spending
⚠️ Risks to Consider
Like every IPO, Laser Power also carries certain risks.
- High dependence on the power sector.
- Execution risks in EPC projects.
- Raw material price volatility.
- GMP can change sharply before listing.
Investors should evaluate these risks alongside the company’s growth prospects.
📝 Laser Power IPO Details
The ₹742 crore IPO consists of:
- Fresh Issue: ₹542 crore
- Offer for Sale (OFS): ₹200 crore
Promoters participating in the OFS include:
- Deepak Goel
- Rakhi Goel
- Devesh Goel
The IPO is being managed by:
- IIFL Capital Services
- ICICI Securities
🤔 Should You Apply or Skip?
The IPO appears attractive for investors with a medium- to long-term investment horizon.
👍 Positives
- ✅ Strong Day 3 subscription
- ✅ Positive GMP
- ✅ Debt reduction after IPO
- ✅ Robust order book
- ✅ Growing power infrastructure sector
- ✅ Positive recommendations from multiple brokerages
👎 Risks
- ⚠ Valuation is not very cheap.
- ⚠ GMP is unofficial and may change.
- ⚠ EPC execution and raw material price risks remain.
📌 Verdict
Considering the healthy subscription, positive Grey Market Premium, improving financial profile, debt reduction plans, and favourable industry outlook, the Laser Power IPO appears suitable for investors with a long-term perspective. Short-term listing gains may depend on overall market sentiment, while long-term performance will hinge on execution, order inflows, and sustained profitability.
Disclaimer: This article is for informational and educational purposes only and should not be considered investment advice. IPO investments are subject to market risks. Investors should consult a SEBI-registered financial adviser before making any investment decision.
