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Listed
Cables - Electricals
Laser Power & Infra Limited IPO
₹742 Cr · Fresh Issue & OFS · Cables - Electricals
Price Band
₹203 – ₹214
Lot: 70 shares (₹14,980)
GMP (Grey Market)
₹39 (+18.22%)
Est. listing ₹253
Issue Size
₹742 Cr
Fresh Issue & OFS
Market Cap
₹3003.88 Cr
At upper band
P/E Ratio
19.8x
P/S: 1.3x
Listing Date
16 Jul 2026
BSE & NSE
IPO Timeline
✓
Opens
09 Jul 2026
✓
Closes
13 Jul 2026
✓
Allotment
14 Jul 2026
✓
Refund
15 Jul 2026
✓
Listing
16 Jul 2026
IPO India Hub Recommendation: Subscribe
We recommend subscribing to the issue as the company shows solid earnings and a reasonable valuation. However, investors should watch the risk of copper price volatility that could pressure margins.
Our Analysis — Key Points
✓ Strength
Strong revenue base drives growth outlook
The company recorded revenue of about ₹2,326 crore in the last fiscal year. Such a large top line gives it scale to serve infrastructure projects and benefit from rising electricity demand.
✓ Strength
Consistent profit shows operational efficiency across
Net profit stood at ₹152 crore, delivering a profit margin of roughly 6.5%. Maintaining earnings at this level indicates the business can manage costs and generate cash flow.
⚠ Risk
Exposure to copper price volatility risk
A major portion of its cost is copper and other raw materials, whose prices can swing sharply. If input costs rise faster than the company can pass them on, margins may be squeezed.
$ Valuation
Valuation appears reasonable versus peers currently
The IPO is priced at a P/E of 19.8× and a P/S of 1.3×. These multiples are close to industry averages, suggesting the share price is neither heavily discounted nor overly expensive.
Top Analyst Reviews
| Analyst / Firm | Rating | Known For | Review |
|---|---|---|---|
| IPO India Hub Our independent review |
Original analysis based on DRHP & public financials | This page | |
| Dilip Davda Chittorgarh.com |
India's most followed independent IPO analyst | Search on Chittorgarh → | |
| Capital Market (CM Rating) CapitalMarket.com |
Widely-cited "New Issue Monitor" reports | Search on CapitalMarket → | |
| ICICI Securities ICICIdirect Research |
SEBI-registered broker research desk | Visit ICICIdirect → | |
| IPO Guru Analyst Leaderboard ipoguru.in |
Ranks 49 analysts by real IPO outcome accuracy | View leaderboard → |
External links go to each platform's IPO section — search for "Laser Power & Infra Limited" to find the specific review. IPO India Hub does not represent the accuracy of third-party ratings.
Company Snapshot
Revenue
₹2326.10 Cr
Net Profit
₹151.59 Cr
Industry
Cables - Electricals
Issue Type
Fresh Issue & OFS
Promoters
DEEPAK GOEL, DEVESH GOEL, AKSHAT GOEL AND RAKHI GOEL
Lead Managers
IIFL Capital & ICICI Securities
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