Laser Power & Infra IPO allotment status is expected today for the Rs 742-crore public issue. The company's shares are scheduled to debut on July 16, 2026, on both exchanges. The IPO witnessed an enthusiastic response, receiving an overall subscription of 38.94 times. Its grey market premium stands at 19%, signalling expectations of a healthy listing gain. Proceeds will primarily prepay outstanding borrowings and fund general corporate purposes.

By the end of the second day of bidding, the IPO had been fully subscribed, receiving bids for 100% of the 2.55 crore shares on offer. The retail investor segment was subscribed…

Strong QIB demand at 92.25 times drives overall subscription amid anchor investment of ₹223 crore

The IPO comprised a fresh issue of 2.53 crore equity shares worth Rs 542 crore and an offer for sale (OFS) of 0.93 crore shares aggregating to Rs 200 crore. The price band for the…