Mumbai, July 9 -- The initial public offer of Laser Power & Infra received bids for 40,59,650 shares as against 2,55,86,207 shares on offer, according to stock exchange data at 17:00 IST on Thursday (9 July 2026). The issue was subscribed 0.16 times.

The issue opened for bidding on 9 July 2026 and it will close on 13 July 2026. The price band of the IPO is fixed between Rs 203 and 214 per share. An investor can bid for a minimum of 70 equity shares and multiples thereof.

The issue comprises both an offer for sale and a fresh issue of equity shares (of Rs 5 face value) worth an aggregate of Rs 200 crore and Rs 542 crore, respectively. The entire portion of the offer for sale is by promoters, i.e., Deepak Goel (Rs 112.5 crore), Rakhi Goel...