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Can Laser Power & Infra IPO deliver long-term growth for high risk investors?
Laser Power & Infra plans a ₹742 crore IPO to repay debt and fund expansion. The company expects growth from power infrastructure and network expansion projects. Revenue and profits have risen, and return ratios have improved significantly. However, elevated debt and raw material price volatility pose risks. The issue is suitable for long-term investors with higher risk tolerance.
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thehindubusinessline.com
Laser Power & Infra sets IPO price band at ₹203-214/share; issue opens July 9
Laser Power & Infra sets IPO price band at ₹203-214/share, opening for subscription on July 9, aiming to raise ₹742 crore.
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economictimes.indiatimes.com
Laser Power & Infra sets price band for Rs 742 crore IPO; GMP signals 11% premium. Check details
Laser Power & Infra has fixed the price band for its Rs 742-crore IPO at Rs 203-214 per share. The issue opens on July 9 and closes on July 13, with an 11% grey market premium…
