(From left) Laser Power & Infra officials including Amit Goel, CFO, Deepak Goel, Chairman & MD and Devesh Goel, Whole-time Director & CEO at an event to announce company’s IPO in Mumbai on Monday
Laser Power & Infra has fixed a price band of ₹203 to ₹214 per equity share for its proposed initial public offering.The bidding for anchor investors will open on Wednesday while for other investors it will start on Thursday. Bids can be made for a minimum of 70 Equity Shares and in multiples of 70 shares thereafter.The company will raise ₹3,000 crore from the IPO including ₹742 crore through the issuance of fresh equity shares.Laser Power & Infra plans to enhance R&D capabilities in power transmissions & distribution (T&D) as well as EPC business. It intends to leverage in-house research and development capabilities to support the roll-out of new products. It also plans to enhance to further accelerate innovation through R&D capabilities to capitalise on emerging trends such as smart grid cabling, EV charging infrastructure, smart cables, including advancements in conductor materials, energy efficiency, and smart grid technologies.Deepak Goel, Chairman and MD, Laser Power & Infra, said the company is committed to product development, supported by R&D infrastructure and innovation to deliver a broader range of high-quality and energy-efficient products.This will support revenue growth and enhance our competitiveness both in India and international markets, he added.Laser Power is an integrated manufacturer of power cables, conductors and other specialised products and components to the power transmission and distribution industry in India, as well as an EPC player.The company plans to continue to prioritising diversification across its offerings to minimise dependence on any single product and to provide a broad range of solutions tailored to the evolving needs of clients across the power and infrastructure sectors.Laser Power has operations across 26 States and four Union Territories in India. Its order book was ₹3,244 crore in FY26 (from ₹1,712 crore in FY23) which consists of ₹1,669 crore for manufacturing business and ₹1,575 crore for its EPC business.Published on July 6, 2026
