An Initial Public Offering is Being Proposed by Laser Power & Infra Limited

News Desk, News Nation 360: The launch of Laser Power & Infra Limited's Initial Public Offering (IPO) has been formally announced. It is set to begin public subscription on Thursday, July 9, 2026, and end on Monday, July 13, 2026. In addition to an Offer for Sale (OFS) of up to ₹2,000.00 million by the Promoter Selling Shareholders, which includes ₹1,125.00 million by Deepak Goel, ₹625.00 million by Devesh Goel, and ₹250.00 million by Rakhi Goel, the public issue is structured as a Fresh Issue of Equity Shares aggregating up to ₹5,420.00 million. The company has set the competitive Price Band between ₹203.00 and ₹214.00 per Equity Share, allowing institutional and retail market participants to bid for a minimum lot size of 70 Equity Shares and in multiples of 70 after that. The company plans to list its equity shares of face value ₹5 each on both the BSE Limited and the National Stock Exchange of India Limited (NSE). The corporate capital raise, which is overseen by Book Running Lead Managers (BRLMs) IIFL Capital Services Limited and ICICI Securities Limited, will begin on Wednesday, 8 July 2026, with the Anchor Investor Bidding Date. This will put the infrastructure company in a position to improve its balance sheet and take advantage of market opportunities within India's growing power engineering and transmission sector.

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