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  1. Laser Power & Infra IPO subscribed 15.87 times so far on Day 3: Check allotment date and time

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Laser Power & Infra IPO subscribed 15.87 times so far on Day 3: Check allotment date and time

Journalist Kamal Joshi, former Republic TV and latestly news editor, currently associated with Upstox as senior ipo writer.

2 min read | Updated on July 13, 2026, 14:53 IST

SUMMARY

The ₹742 crore initial share sale of Laser Power & Infra is a mix of new equity shares valued at ₹542 crore and an offer-for-sale (OFS) of ₹200 crore by promoters.

Laser Power & Infra is engaged in the manufacturing and engineering, procurement and construction (EPC) segments. | Image: Shutterstock

Laser Power & Infra is engaged in the manufacturing and engineering, procurement and construction (EPC) segments. | Image: Shutterstock

The initial public offering of integrated power cable and transmission product maker Laser Power & Infra Ltd has been subscribed 15.87 times so far on the final day of subscription on Monday, July 13.

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It got bids for 40,61,39,090 shares as against 2,55,86,207 shares on offer, according to the NSE data until 14:52 pm. The quota for non-institutional investors (NIIs) fetched 33.21 times subscription. The retail category was subscribed 4.24 times, while the portion for the qualified institutional buyers (QIBs) was booked 23.22 times.

The ₹742 crore initial share sale is a mix of new equity shares valued at ₹542 crore and an offer-for-sale (OFS) of ₹200 crore by promoters.

Under the OFS route, promoters Deepak Goel, Devesh Goel and Rakhi Goel will offload shares worth up to ₹112.5 crore, ₹62.5 crore and ₹25 crore, respectively.

The proceeds generated will be utilised to prepay or repay borrowings aggregating to ₹490 crore, while the balance amount will be used for general corporate purposes.

With a price band of ₹203 to ₹214 per share, a lot consists of 70 shares.

Laser Power & Infra is engaged in the manufacturing and engineering, procurement and construction (EPC) segments. It makes power cables, aluminium wire rods, aerial bunched cables, conductors and other products used in the power transmission and distribution sector.

Laser Power & Infra IPO allotment and listing date

Laser Power & Infra IPO allotment status is expected to be finalised on Tuesday, July 14. Shares of the company will hit the secondary market on Thursday, July 16.

How to check Laser Power & Infra IPO allotment status on NSE

Steps to check Laser Power & Infra IPO allotment status on MUFG Intime India

About The Author

Journalist Kamal Joshi, former Republic TV and latestly news editor, currently associated with Upstox as senior ipo writer.
Kamal Joshi is a business journalist who covers markets and IPOs. He places a special focus on in-depth analysis of DRHPs, RHPs and public-issue documents to produce data-driven stories. He covers trends across mainboard and SME IPOs, anchor allocations, subscription status and post-listing performance. He is passionate about breaking news and enjoys playing pickleball, especially flexing his net play. He was previously associated with Republic TV and LatestLY.

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