Laser Power & Infra IPO: GMP, price band to financials-10 things investors should know before subscribing
New Delhi, July 8 -- Laser Power & Infra's initial public offering (IPO) is set to open for subscription on July 9, with the power transmission and distribution company looking to tap the primary market amid sustained investor interest in infrastructure and capital goods stocks.
The company, which manufactures power cables, conductors and other transmission products while also executing EPC projects, has reported sharp growth in revenue and profitability over the past two financial years. Ahead of the issue opening, the stock is already commanding a premium in the grey market, indicating positive investor sentiment.
From the issue size and price band to the grey market premium (GMP), promoter stake sale, financial performance and key da...
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