IPO Listed — 16 Jul 2026
Listing Price: ₹269 (+25.7% vs ₹214)
Laser Power & Infra IPO Review
Laser Power & Infra IPO has been reviewed by 13 analysts, and the overall consensus is Apply — carrying a score of 84. Out of the 13 analysts who have covered this IPO, 9 recommend subscribing while 4 advise caution or avoidance — reflecting a broadly positive view from the analyst community.
The issue is priced in the band of ₹203-214 per share , with a minimum application size of 70 shares (minimum investment of approximately ₹14,980 at the upper band) . Subscription ran from 09 Jul 2026 to 13 Jul 2026. As of now, the grey market premium (GMP) for Laser Power & Infra IPO is quoting at ₹40 (18.7%), which gives a preliminary sense of how the street is pricing the listing — though GMP is unofficial and can swing sharply before the listing date. Scroll down for the full analyst breakdown and analyst-wise verdicts.
General Review
The business is growing well. Profit jumped from Rs 40 crore in FY24 to Rs 152 crore in FY26. Operating margin improved from 8.9% to 13%. The order book is Rs 3,243 crore, which is about 1.4 times of FY26 revenue. This gives good revenue visibility for the next 12 to 18 months.
But there are some issues also, and that is why the IPO is priced cheap. Revenue actually fell 9.5% in FY26. Profit grew only because of better margins, not because of more sales. The company takes 196 days to collect money from customers, up from 145 days. Cash flow from operations was negative Rs 119 crore in FY26, even when profit was at its peak. This happens in government-related business, where profit comes on paper first and cash comes late. Top 10 customers give 72% of revenue, so customer concentration is high.
One good point is that Rs 490 crore from the fresh issue will be used to repay debt. Total debt is Rs 828 crore. Less debt means less interest cost and better profit after listing. Most brokers are positive on this IPO because of the low valuation. SBI Securities has given a subscribe rating for the long term.
Listing Gains
Subscription started slow. By day 2, HNI portion was around 3.5 times, retail around 1.4 times and QIB around 1.3 times. The anchor book of Rs 222.6 crore was fully taken by 19 institutions at the top price.
Normally, when subscription is moderate and GMP is in double digits, the listing is mildly positive, not a bumper listing. The most important number to watch is QIB subscription on the last day, 13 July. If big institutions bid strongly, the listing will be better.
Short Term Strategy
At the current retail subscription of around 1.4 times, allotment chances are good. Roughly 7 out of 10 retail applicants may get allotment. Allotment is on 14 July and listing is on 16 July. After allotment, watch if GMP holds or falls. That is the best short-term signal.
Long Term Strategy
For the stock to get a higher valuation like its peers, three things must improve. First, cash collection should get faster and cash flow should become positive. Second, the company should reduce dependence on its top 10 customers. Third, margins should stay strong even when aluminium and copper prices go up. If you hold this stock for the long term, watch the working capital numbers in the next two annual reports. That will tell the real story.
Disclaimer: This review is an AI summary derived from the reviews of all analysts.
Table of Contents
Recommend Subscribe
Based on 13 analyst reviews
Higher consensus indicates broader analyst agreement.
Analyst Review
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Frequently Asked Questions
Should I apply for Laser Power & Infra IPO?
Based on analyst coverage tracked on this page, the overall verdict for Laser Power & Infra IPO is Apply. Out of 13 analysts who have reviewed this IPO, 9 recommend subscribing. Always cross-check with the full analyst reviews below and consult a SEBI-registered advisor before making any investment decision.
What does the score of 84 mean for Laser Power & Infra IPO?
The score of 84 is an aggregate of all analyst ratings tracked for Laser Power & Infra IPO. A score in this range indicates strong analyst confidence — most analysts are recommending a subscribe. Scroll down to read individual analyst verdicts for more context.
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% (₹55 per share). View the full GMP history page for day-wise pre-listing trends.
What is the price band and lot size of Laser Power & Infra IPO?
Laser Power & Infra IPO was priced at ₹203-214 per share. The minimum lot size is 70 shares, making the minimum investment approximately ₹14,980 at the upper end of the price band. Subscription ran from 09 Jul 2026 to 13 Jul 2026.
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