Laser Power & Infra IPO allotment expected today; GMP signals 19% listing premium. Here's how to check your status

The company's shares are scheduled to make their stock market debut on July 16, 2026, on both the NSE and BSE.

The IPO, which was open for subscription from July 9 to July 13, witnessed an enthusiastic response from investors, receiving an overall subscription of 38.94 times. Institutional investors drove the demand, with the Qualified Institutional Buyers (QIB) portion subscribed 92.25 times. The Non-Institutional Investors (NIIs) category was booked 43.34 times, while the Retail Individual Investors (RIIs) segment attracted 6.59 times subscription.


The company had fixed the price band at Rs 203-214 per equity share. The public issue comprised a mix of a fresh issue and an Offer for Sale (OFS), with the fresh issue raising Rs 542 crore through the issuance of 2.53 crore equity shares.

Investors can check their allotment status using the following methods:

1. Registrar’s Website

• Visit MUFG Intime India IPO Allotment page (https://in.mpms.mufg.com/Initial_Offer/public-issues.html)
• Select Laser Power & Infra from the drop-down menu.
• Enter your PAN, application number, or DP/Client ID to view allotment details.

2. NSE Website (https://www.nseindia.com/invest/check-trades-bids-verify-ipo-bids)

• Go to NSE IPO Allotment page
• Select Equity
• Choose Laser Power & Infra
• Enter your application number and PAN.

The latest Grey Market Premium (GMP) stands at Rs 36, indicating a premium of nearly 19% over the IPO's upper price band of Rs 214.

If the prevailing grey market sentiment holds until listing, the stock could debut at around Rs 250-254 per share, suggesting a healthy listing gain for successful applicants. However, investors should note that GMP is an unofficial market indicator and does not guarantee listing performance.

About Laser Power & Infra

Laser Power & Infra Ltd. operates as an integrated player in the power transmission and distribution sector. The company manufactures a wide range of products, including power cables, control cables, conductors, and other specialised electrical equipment.

Apart from manufacturing, it has built a significant presence in the Engineering, Procurement and Construction (EPC) business, executing turnkey projects involving rural electrification, substations, transmission networks, and power distribution infrastructure.

As of March 31, 2026, the company operated three manufacturing facilities in West Bengal, with a combined installed production capacity of 85.448 MT.

How the IPO proceeds will be used

A major portion of the fresh issue proceeds i.e. Rs 490 crore will be used to prepay or repay outstanding borrowings, helping the company strengthen its balance sheet. The remaining funds will be allocated towards general corporate purposes and issue-related expenses.

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