New Delhi, July 13 -- The Laser Power IPO opened for subscription on Thursday, 9 July, and will remain open until Monday, 13 July. The company has fixed the Laser Power and Infra IPO price band at Rs.205-214 per share, with a lot size of 70 equity shares and bids accepted in multiples of 70 shares thereafter.

Ahead of the issue, the company raised nearly Rs.223 crore from anchor investors through its anchor book on Wednesday, 8 July, a day before the Laser Power IPO opening date.

The Laser Power and Infra IPO, aggregating Rs.742 crore, has reserved up to 50% of the issue for Qualified Institutional Buyers (QIBs), at least 15% for Non-Institutional Investors (NIIs), and at least 35% for retail investors.

The basis of allotment for the L...