Laser Power & Infra IPO Allotment Set for Today with a 19% Listing Premium Indicated by GMP—Here’s How to Check Your Status!
The IPO of Laser Power & Infra Ltd. is set to make its market debut on July 16, 2026, on both the NSE and BSE. The initial public offering was open for subscription from July 9 to July 13 and has seen an exceptionally positive response, being oversubscribed 38.94 times overall. Institutional investors demonstrated considerable enthusiasm, with the Qualified Institutional Buyers (QIB) segment being subscribed 92.25 times. The Non-Institutional Investors (NIIs) recorded a subscription rate of 43.34 times, while the Retail Individual Investors (RIIs) category was subscribed 6.59 times. The price band for the IPO was set at Rs 203-214 per equity share, with a total public issue size of Rs 542 crore from a mix of fresh issues and an Offer for Sale (OFS).
In terms of grey market sentiment, the latest Grey Market Premium (GMP) stands at Rs 36, which indicates a promising premium of nearly 19% over the upper end of the IPO price band. If this positive sentiment continues, the stock might debut at a price range of Rs 250-254 per share, potentially offering significant listing gains for successful applicants. It’s important to note, however, that GMP serves as an unofficial market indicator and should not be solely relied upon for predicting actual listing performance.
For Indian investors, the strong subscription rates, especially from institutional players, signal robust market confidence in Laser Power & Infra Ltd. The major allocation of IPO proceeds towards repaying outstanding borrowings indicates a strategic approach to strengthening its financial position, which could enhance investor trust in the company’s growth prospects. As the company operates in the critical power transmission and distribution sector, the increased financial stability could position it favorably for future expansion and project execution, making it an attractive proposition for long-term investors.
Source: The Economic Times
(Expert Note: This report was prepared by the Wealthova IPO team.)