Laser Power IPO Debuts Strongly as Shares List at Up to 25.7% Premium

Laser Power & Infra Limited, engaged in manufacturing and supplying power and infrastructure solutions, made a strong debut on the Indian stock exchanges on Thursday, 16 July 2026. The Laser Power share price opened at ₹269.00 on BSE, representing a 25.70% premium over the issue price of ₹214.00, while it listed at ₹250.00 on NSE, a 16.80% premium. 

Laser Power Listing Details

Laser Power & Infra launched its ₹742 crore IPO in the price band of ₹203–₹214 per share, with a minimum application size of 70 shares, requiring a minimum investment of ₹14,980 at the upper end of the price band. The IPO received strong investor interest, with an overall subscription of 28.97 times, driven by robust participation across institutional and non-institutional investor categories.

First-Day Trading Performance

Listing Price: Laser Power share price opened at ₹269.00 on BSE, a 25.70% premium, and at ₹250.00 on NSE, a 16.80% premium over the issue price of ₹214.00. The listing broadly matched market expectations, with the grey market premium indicating a likely listing price of around ₹254, reflecting positive investor sentiment towards the company's growth prospects and debt reduction strategy.

Growth Drivers and Challenges

Growth Drivers:

• Strong presence in the power and infrastructure sector.
• Healthy order pipeline supported by infrastructure spending.
• IPO proceeds to reduce debt and strengthen the balance sheet.
• Strong institutional participation reflects investor confidence.

Challenges:

• Business dependent on infrastructure and government spending.
• Execution delays could impact project profitability.
• Fluctuating raw material prices may pressure margins.
• Competitive industry with pricing and execution risks.

Utilisation of IPO Proceeds

Out of the ₹742 crore issue size, ₹542 crore comprises a fresh issue and ₹200 crore is an Offer for Sale (OFS) by the promoters. The company intends to utilise approximately ₹490 crore from the net proceeds of the fresh issue towards the prepayment or repayment of certain borrowings, with the remaining funds allocated for general corporate purposes.

Financial Performance

Laser Power & Infra has attracted strong investor interest, backed by healthy subscription levels across investor categories and a positive market debut. The company is focused on strengthening its balance sheet through debt reduction while leveraging opportunities in India's expanding power and infrastructure sectors. Its successful listing reflects investor confidence in its long-term growth potential and improving financial profile.