New Delhi, July 13 -- The IPO of Laser Power & Infra Ltd. attracted strong demand on the final day of bidding, led by robust institutional participation, with the issue being oversubscribed more than 40 times.

All investor categories witnessed healthy participation. The non-institutional investors (NII) portion was oversubscribed 45 times, while the qualified institutional buyers (QIB) segment was subscribed 97.25 times. The retail investors' quota also attracted strong demand, with subscriptions reaching 6.95 times.

Overall, the IPO received bids for 99.63 crore shares against 2.42 crore shares on offer, translating into an overall subscription of 41 times.

The IPO size is Rs.742 crore, comprising a fresh issue of equity shares worth ...