Laser Power & Infra IPO to open on July 9; cuts issue size to Rs.742 crore
New Delhi, July 5 -- Laser Power & Infra Ltd will launch its initial public offering (IPO) on July 9, aiming to raise Rs.742 crore from the primary market. The issue will close on July 13.
Laser Power & Infra IPO comprises a fresh issue of equity shares worth Rs.542 crore and an offer for sale (OFS) of shares aggregating up to Rs.200 crore by promoter selling shareholders, according to the Red Herring Prospectus (RHP) filed by the company.
The Kolkata-based company has reduced the IPO size from the Rs.1,200 crore proposed in the draft red herring prospectus (DRHP) filed in September 2025. Laser Power & Infra IPO DRHP was approved by the Securities and Exchange Board of India (SEBI) in February 2026.
Laser Power & Infra IPO price band w...
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