IPO Listed — 16 Jul 2026
Listing Price: ₹269
Laser Power & Infra IPO GMP History | Listing Price ₹269 & Kostak Rate
Laser Power & Infra IPO has been listed on July 16, 2026 at a listing price of ₹269, against the issue price of ₹214 — a gain of ₹55 (+25.7%). The GMP peaked at ₹43 on 14 July 2026 and reached a low of ₹0 on 5 July 2026. The day-wise GMP trend below shows how grey market sentiment evolved from subscription to listing.
Laser Power & Infra IPO raised ₹742 Cr. through its IPO at a price band of ₹203 to ₹214 per share, with a lot size of 70 shares. The IPO was open for subscription from 09 Jul 2026 to 13 Jul 2026.
GMP Trend Chart
Day-wise GMP Trend
| Date | GMP | ↑↓ | % | Kostak | Sub. Sauda |
|---|---|---|---|---|---|
| 16 Jul 2026 | ₹ 40 | 18.7% | ₹ 0 | ₹ 0 | |
| 15 Jul 2026 | ₹ 40 | 18.7% | ₹ 0 | ₹ 0 | |
| 14 Jul 2026 | ₹ 43 | 20.1% | ₹ 0 | ₹ 0 | |
| 13 Jul 2026 | ₹ 40.5 | 18.9% | ₹ 0 | ₹ 0 | |
| 12 Jul 2026 | ₹ 34.5 | 16.1% | ₹ 0 | ₹ 0 | |
| 11 Jul 2026 | ₹ 36.5 | 17.1% | ₹ 0 | ₹ 0 | |
| 10 Jul 2026 | ₹ 35.5 | 16.6% | ₹ 0 | ₹ 0 | |
| 09 Jul 2026 | ₹ 24 | 11.2% | ₹ 0 | ₹ 0 | |
| 08 Jul 2026 | ₹ 15 | 7.0% | ₹ 0 | ₹ 0 | |
| 07 Jul 2026 | ₹ 15 | 7.0% | ₹ 0 | ₹ 0 | |
| 06 Jul 2026 | ₹ 28 | 13.1% | ₹ 0 | ₹ 0 | |
| 05 Jul 2026 | ₹ 0 | -- | ₹ 0 | ₹ 0 | |
| 04 Jul 2026 | ₹ 0 | -- | ₹ 0 | ₹ 0 |
Laser Power & Infra IPO Dates
| Event | Date |
|---|---|
| Open Date | 09 Jul, 2026 |
| Close Date | 13 Jul, 2026 |
| Allotment Date | 14 Jul, 2026 |
| Refund Date | 15 Jul, 2026 |
| Credit to Demat | 15 Jul, 2026 |
| Listing Date | 16 Jul, 2026 |
Laser Power & Infra IPO Actual Listing Price
| Basis | Value |
|---|---|
| Issue Price | ₹214 |
| GMP-Based Estimate (Pre-Listing) | ₹254 (+18.7%) |
| Actual Listing Price | ₹269 (+25.7%) |
| Listing Gain / Loss | +₹55 per share |
| Listing Date | 16 Jul, 2026 |
Is Laser Power & Infra IPO GMP Reliable?
Grey market premium for Laser Power & Infra IPO should be interpreted with caution. The GMP is an unregulated, unofficial market not governed by SEBI. Here's how to read the current signal:
- Subscription rate matters: A high GMP paired with strong subscription — especially QIB (Qualified Institutional Buyer) oversubscription — is a more reliable bullish signal than GMP alone. Read our in-depth analysis: GMP vs Subscription Data — Which Predicts Listing Gains Better?
- Timing matters: GMP in the first 1–2 days of subscription is less reliable. GMP on the final subscription day and the day before listing tends to be the most accurate predictor.
- Grey market is thin: For smaller IPOs, even a handful of large orders can swing the GMP significantly. Treat low-volume GMP signals with extra caution.
- Cross-check before acting: Review the Laser Power & Infra IPO full review for a fundamentals-based assessment before making any grey market trades.
Laser Power & Infra IPO IPO Kostak Rate Explained
The Kostak rate for Laser Power & Infra IPO was not active during the subscription period, as no grey market premium was established. Kostak is the fixed amount a grey market buyer pays for an IPO application regardless of allotment outcome.
The Subject to Sauda price was not active for this IPO. Subject to Sauda only applies if allotment is confirmed — the buyer pays a premium on top of the issue price per lot allotted.
Grey market trading is unofficial and unregulated by SEBI. Proceed with full awareness of the associated risks.
About Laser Power & Infra IPO
The company operates three manufacturing units in West Bengal — Unit I at Dhulagarh (HT power cables, RDSO signalling cables and conductors), Unit II at Dhulagarh (aluminium wire rods and HT covered conductors) and Unit III at Kharagpur (LT aerial bunched cables, LT power cables and ACSR conductors) — with a combined installed capacity of about 85,448 MT. It is an RDSO-accredited supplier of signalling cables to Indian Railways and has been recognised by CRISIL as a prominent power cable manufacturer in East India. As of 31 August 2025 the company employed around 660 people.
Strengths & Risks
Strengths
- ✓ Integrated manufacturer of power cables and conductors with an operating history of over three decades since 1988.
- ✓ Three manufacturing units in West Bengal with a combined capacity of about 85,448 MT covering HT/LT cables, covered conductors and aluminium wire rods.
- ✓ RDSO-accredited supplier of signalling cables to Indian Railways and recognised by CRISIL as a prominent power cable manufacturer in East India.
- ✓ In-house EPC capability in rural electrification and power distribution adds project revenue alongside manufacturing.
- ✓ Strong earnings momentum — net profit grew from ₹40 Cr in FY24 to ₹152 Cr in FY26 with operating margin improving from 8.9% to 13.0%.
Risks
- ⚠ Revenue declined about 9.5% in FY26 over FY25 (₹2,570 Cr to ₹2,326 Cr), reflecting lumpy, order-driven sales.
- ⚠ High dependence on government customers — state power utilities, discoms and railways — exposes the company to project and receivable delays.
- ⚠ Margins are sensitive to volatile aluminium and copper prices, its key raw materials.
- ⚠ Total borrowings rose to ₹828 Cr in FY26 (debt-equity around 1.1); ₹490 Cr of the fresh issue is earmarked for debt repayment.
- ⚠ ₹200 Cr of the issue is an offer for sale, whose proceeds go to the selling promoters and not to the company.
- ⚠ Manufacturing is concentrated entirely in West Bengal, exposing operations to regional disruptions.
Frequently Asked Questions about Laser Power & Infra IPO
What is the GMP of Laser Power & Infra IPO?
The current Grey Market Premium (GMP) of Laser Power & Infra IPO is ₹ 40.
What is the Kostak Price of Laser Power & Infra IPO?
Kostak rate is the profit made by selling an IPO application before allotment. The current Kostak rate for Laser Power & Infra IPO is currently not available.
What is the Subject to Sauda Price of Laser Power & Infra IPO?
Subject to Sauda is the premium amount decided if the allotment is confirmed. The current Subject to Sauda rate is currently not available.
What was the actual listing price of Laser Power & Infra IPO?
Laser Power & Infra IPO listed on July 16, 2026 at ₹269, against the issue price of ₹214 — a gain of +25.7%.
How did the GMP of Laser Power & Infra IPO trend before listing?
The GMP of Laser Power & Infra IPO was stable in its final days before listing. The GMP peaked at ₹43 on 14 July 2026. View the day-wise table above for the complete GMP history.
Explore Laser Power & Infra IPO Further
For a complete picture before making your investment decision, explore these resources:
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