Laser Power & Infra Limited: Initial public offering to open on Thursday, July 9, 2026

Chennai, July 6, 2026: Laser Power & Infra Limited (the “Company”) proposes to open an initial public offering (“Offer”) of its equity shares of face value of ₹5 each (“Equity Shares”) on Thursday, July 9, 2026. The Anchor Investor Bidding Date is one Working Day prior to Bid/Offer Opening Date, being Wednesday, July 8, 2026. The Bid/ Offer Closing Date is Monday, July 13, 2026*.

The Price Band of the Offer has been fixed from ₹ 203.00 per Equity Share of face value ₹5 each to ₹ 214.00 per Equity Share of face value ₹5 each. Bids can be made for a minimum of 70 Equity Shares of face value ₹5 each and multiples of 70 Equity Shares of face value ₹5 each thereafter.

The Initial Public Offering comprises of a Fresh Issue of Equity Shares aggregating up to ₹5,420.00 million and an Offer for Sale of Equity Shares aggregating up to ₹2,000.00 million by the Promoter Selling Shareholders.

The Offer for Sale includes Equity Shares aggregating up to ₹1,125.00 million by Deepak Goel, Equity Shares aggregating up to ₹250.00 million by Rakhi Goel, and Equity Shares aggregating up to ₹625.00 million by Devesh Goel (collectively “Promoter Selling Shareholders”).

The Equity Shares of the Company are proposed to be listed on BSE Limited (“BSE") and the National Stock Exchange of India Limited (“NSE”) (BSE and NSE together, the “Stock Exchanges”).

IIFL Capital Services Limited (Formerly known as IIFL Securities Limited) and ICICI Securities Limited are the Book Running Lead Managers (“BRLMs”) to the Offer.

 

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