Laser Power & Infra Ltd IPO

Status: Closed

Overview

IPO date

09 Jul 2026 to 13 Jul 2026

Face value

₹ 5 per share

Price

₹ 203 to ₹214 per share

Issue Size

34,672,895 shares
(aggregating up to ₹ 742 Cr)

Allotment Date

14 Jul 2026

Listing at

NSE

Issue type

Book Building

Sector

Cables

Initial public offering of 34,672,895 equity shares of face value of Rs. 5 each ("Equity Shares") of Laser Power & Infra Limited (The "Company" or the "Issuer") for cash at a price of Rs. 214 per equity share of face value of Rs. 5 per equity share (the "Offer Price") aggregating to Rs. 742 Crore (the "Offer") comprising a fresh issue of 25,327,102 equity shares of face value of Rs. 5 each by the company aggregating to Rs. 542 Crore (the "Fresh Issue") and an offer for sale of 9,345,793 equity shares of face value of Rs. 5 aggregating to Rs. 200 Crore comprising 5,257,009 equity shares of face value of Rs. 5 each aggregating to Rs. 112.5 Crore by Deepak Goel, 1,168,224 equity shares of face value of Rs. 5 each aggregating to Rs. 25 Crore by Rakhi Goel and 2,920,560 equity shares of face value of Rs. 5 each aggregating to Rs. 62.5 Crore by Devesh Goel (the "Promoter Selling Shareholders") and such offer by the promoter selling shareholders, the ("Offer For Sale"). The company, in consultation with the brlms, may consider an issue of specified securities, as may be permitted under the applicable law, to any person(s), aggregating up to Rs. 160 Crore at its discretion, prior to filing of the red herring prospectus ("Pre-Ipo Placement"). The pre-ipo placement, if undertaken, will be at a price to be decided by the company, in consultation with the brlms. if the pre-ipo placement is completed, the amount raised pursuant to the pre-ipo placement will be reduced from the fresh issue,subject to compliance with rule 19(2)(b) of the scrr. the pre-ipo placement, if undertaken, shall not exceed 20% of the size of the fresh issue. Prior to the completion of the offer, the company shall appropriately intimate the subscribers to the pre-ipo placement, prior to allotment pursuant to the pre-ipo placement, that there is no guarantee that the company may proceed with the offer, or the offer may be successful and will result into listing of the equity shares on the stock exchanges. Further, relevant disclosures in relation to such intimation to the subscribers to the pre-ipo placement (If Undertaken)shall be appropriately made in the relevant sections of the red herring prospectus and prospectus. The company shall report any pre-ipo placement to the stock exchanges, within 24 hours of such pre-ipo placement (In Part Or In Entirety). Price Band: Rs. 214.00 per equity share of face value of Rs. 5 each. The floor price is 42.80 times the face value of the equity shares. Bids can be made for a minimum of 70 equity shares of face value of Rs. 5 each and in multiples of 70 equity shares of face value of Rs. 5 each thereafter.

Laser Power & Infra Limited was originally incorporated as Laser Cables Private Limited' dated January 7, 1988, with Registrar of Companies, West Bengal. Subsequently, name of the Company was changed from Laser Cables Private Limited' to Laser Power & Infra Private Limited' dated February 3, 2016 from the Central Processing Centre. Thereafter, Company got converted to a public limited company and the name of Company was changed to Laser Power & Infra Limited' and a fresh certificate of incorporation dated September 8, 2025 was issued by the Registrar of Companies, Central Processing Centre. The Company is an integrated manufacturer of power cables, conductors and other specialised products and components to the power transmission and distribution industry in India. Company operate three Manufacturing Units each located at West Bengal, India, which have a combined installed capacity of 73,100 MT, as of March 31, 2025. The business is divided into two business segments, namely, Manufacturing and EPC. The Company expanded its business by entering the engineering, procurement, and construction (EPC) segment in power distribution sector, focusing on rural electrification projects, power distribution infrastructure development, and installation of substations, among other turnkey solutions strategically in year 2015. The Company also supported the expansion by integrating the supply chain for aluminum rods and polymer compounding in FY24. Further, Company has also ventured into international EPC domain and have an ongoing power distribution EPC project in Togo in FY 2025. Apart from these, Company has a diverse customer base comprising power utilities and government authorities such as Indian Railways, various DISCOMS including TP Central Odisha Distribution Limited, TP Western Odisha Distribution Limited, TP Northern Odisha Distribution Limited, TP Southern Odisha Distribution Limited, among others and private sector players, international clients which include government owned and controlled electricity companies, public enterprises and electricity boards. Company has filed a Draft Prospectus with the SEBI and is planning for the IPO by raising Rs 1200 Cr equity shares of Rs 5 each, consisting of a Rs 800 Cr fresh issue and a Rs 400 Cr offer for sale in September, 2025.

Unlock Stock of the Month

T&C*

Strengths vs Risks of Laser Power & Infra Ltd

Know the pros & cons

Strengths

One of the leading players in terms of manufacturing capacity for power cables and conductors in East India.
Strong manufacturing capabilities, through strategically located manufacturing units.
Robust execution capabilities, with a track record of executing and handling complex EPC projects successfully and strong backward integration capabilities.
Established track record with a marquee customer base.
Strategic partnerships and collaboration with international players.
Strong and diversified Order Book with long term revenue growth visibility.
Experienced Promoters and management team with skilled workforce.

Risks

The company's business largely depends on its top 10 customers which contributed 72.14%, 68.87% and 53.37% of the company Revenue from Operations in Fiscals 2026, 2025 and 2024. The loss of any of these customers could has an adverse effect on its business, financial condition, results of operations and cash flows.
The sale of power cables and conductors manufactured by the Company contributes a significant portion to its Revenue from Operations (72.70%, 72.25% and 87.43% for the Fiscals 2026, 2025 and 2024). Any adverse development in the company''s performance in the manufacturing business segment could has an adverse effect on its business, cash flows, results of operation and financial position.
Significant increases or fluctuations in prices of, or delay or disruption in supply of primary raw materials could affect the company's estimated costs, expenditures and timelines which may have a material adverse effect on its business, financial condition, results of operations and cash flows.
The company depends on a limited number of suppliers and its does not has long term agreements with most of the company's suppliers for its raw materials and volatility in raw material prices and shortages or disruption in their supply could adversely affect the company's business, results of operations, financial condition and cash flows.
The company's revenues from its EPC segment are dependent upon the company's ability to effectively secure contracts awarded to its through the competitive bidding route. Consequently, the company's results of operations and cash flows may be adversely affected or fluctuate materially periodically.
The company has high working capital requirement. If there are delays in the collection of receivables from its customers or the company is unable to access suitable financing to meet working capital requirements, it could lead to material adverse effect on its business, prospects, financial condition and results of operations.
The company is subject to various laws and extensive government regulations and if its fail to obtain, maintain or renew the company's statutory and regulatory licenses, permits and approvals required to operates its business and the company's Manufacturing Units and warehouses, including environmental, health and safety laws and other regulations, its business financial condition, results of operations and cash flows may be adversely affected.
The company's financing agreements contain covenants that limit its flexibility in operating the company's business. Further, its Company has availed unsecured loans from banks and other financial institutions, which may be recalled on demand. If the company is not in compliance with certain of these covenants and is unable to obtain waivers from the respective lenders, its lenders may accelerate the repayment schedules, and enforce their respective security interests, leading to a material adverse effect on the company's business and financial condition.
Government policies, budgetary allocations for investments and general macroeconomic and business conditions may affect the company's EPC segment.
Any downgrade in the company's credit ratings could increase its borrowing costs, affect the company's ability to obtain financing, and adversely affect its business, results of operations and financial condition.
The company is highly dependent on its Key Managerial Personnel and the company's Senior Management for its business. The loss of or the company's inability to attract or retain such persons, as well as other employees, could have a material adverse effect on its business performance.
Growth of the company's business is supported by its manufacturing agreement with TS Conductor Corp. and any adverse changes or termination of this agreement could materially and adversely affect the company's business, financial condition, and results of operations.
Conflicts of interest may arise out of common business objects shared by the Company and Group Companies. Further, its Promoter Group entity, Lumino Industries Limited, operates in a related business segment, and there may be potential conflicts of interest that could adversely affect the company's business and results of operations.
The company faces certain competitive pressures from the existing competitors and new entrants in both public and private sector. Increased competition and aggressive bidding by such competitors are expected to make its ability to procure business in future more uncertain which may adversely affect the company's business, financial condition and results of operations.
Challenges in expanding the company's EPC portfolio into the water and solar distribution sectors could hinder its diversification efforts and revenue growth.
The company operates in a labour - intensive industry and is subject to stringent labour laws and any strike, work stoppage or increased wages demands by its labourers or any other kind of disputes with the company's labourers could adversely affect its business, financial condition, results of operations and cash flows.
The company's continued operations at all of its Manufacturing Units located in West Bengal, may expose the company to regional risks are critical to its business and any disruption, breakdown or shutdown of the company's Manufacturing Units may has a material adverse effect on its business, financial condition, results of operations and cash flows.
The company has capital expenditure requirements and may requires additional capital and financing in the future and the company's operations could be curtailed if its is unable to obtain the required additional capital and financing when needed.
The company does not has firm commitment agreements with its customers for sale of products under the company's manufacturing segment. If its customers choose not to source their requirements from the company, there may be an adverse effect on its business, financial condition, cash flows and results of operations.
The company's business is dependent on the performance and growth of the power infrastructure sector, both in the Indian and overseas markets. Any adverse changes in the conditions affecting the power infrastructure sector can adversely impact its business, results of operations, cash flows and financial condition.
The company is required to furnish bank guarantees as part of its business. The company's inability to arrange such guarantees or the invocation of such guarantees or its inability to fulfil any or all of the obligations under such bank guarantees may or may not adversely affect the company's cash flows and financial condition.
The company has incurred indebtedness and an inability to obtain further financing or to comply with repayment and other covenants in its financing agreements could adversely affect the company's business, results of operations, financial condition and cash flows.
The company has certain contingent liabilities, which, if they materialize, may adversely affect its results of operations, financial condition and cash flows.
The company regularly work with flammable materials and activities in its operation which can be dangerous and could cause injuries to people or property.
The company's Order Book may not be representative of its future results and the company's actual income may be significantly less than the forecasted revenues in its Order Book, which could adversely affect the company's results of operations.
An inability to complete the company's ongoing EPC projects and forthcoming EPC projects by their respective expected completion dates or at all could have a material adverse effect on its business, results of operations and financial condition.
The company is exposed to claims, penalties and damages resulting from delays in its EPC projects which may have an adverse effect on the company's business.
The company's Statutory Auditor has issued certain matter of emphasis in the auditor's report on the audited consolidated financial statements for the Fiscals 2026, 2025 and 2024.
Since the company's EPC contracts has long execution periods, cost and time overruns, project related estimated costs and revenue estimates may vary from the actual costs incurred and actual revenues generated which may adversely affect its business, financial condition, results of operations and future prospects.
The company is subject to stringent quality standards and any product defect issues or failures by its or the company's suppliers to comply with quality standards may lead to the cancellation of existing and future orders, recalls or exposure to potential product liability claims. Maintaining these standards incurs significant costs, and failures to uphold required accreditations may damages its brand and reputation, and may adversely affect the company's business, results of operations, financial condition, operations, cash flows, and reputation.
The company depends significantly on skilled and unskilled labour and an inability to access skilled and unskilled labour at reasonable costs at its EPC project sites may adversely affect the company's business.
Under-utilization of the company's manufacturing capacities and an inability to effectively utilize its expanded manufacturing capacities could have an adverse effect on the company's business, future prospects, and financial performance, and the information on installed capacities, historical production, and capacity utilization included in this Red Herring Prospectus is based on estimates.
Improper storage, processing and handling of the company's raw materials, work-in-progress and finished products may result in damage to its inventories and adversely affect the company's business, results of operations, cash flows and financial condition.
The company's Promoters and member(s) of its Promoter Group has given personal guarantees for loan facilities obtained by the Company. Any failures or default by the Company to repay such loans in accordance with the terms and conditions of the financing documents could trigger repayment obligations on them.
Certain of the company's corporate records is not traceable. Its cannot assure you that no legal proceedings or regulatory actions will be initiated against the Company in the future in this regard which may impact its financial condition and reputation.
The company has leased and, or availed on license, the use of certain properties from which its operates its business. The company cannot assure you that the lease, and, or license agreements will be renewed upon termination or that its will be able to obtain other premises on lease on same or similar commercial terms.
The company has delayed payments of certain statutory dues and has also paid interest and fees towards such delayed payments.
The company's export sales of its products across the international markets were 2.19%, 4.01% and 4.17%, of its total Revenue from Operations for the Fiscals 2026, 2025, and 2024, respectively. Any decrease in the demand for the company's products in these markets or an inability to increase or effectively manage its sales to such markets may adversely affect the company's business, financial condition and results of operations. Further, increase in the anti-dumping duties in such countries or the entry into free trade agreements with such countries may adversely affect its business, financial condition and results of operations.
The company has significant power and fuel requirements and any disruption to power or fuel sources could increase its production costs and adversely affect the company's business, results of operations, financial condition and cash flows.
The company's failures to keep its technical knowledge confidential could erode the company's competitive advantage.
None of the company's Whole-time Directors has prior experience of holding a directorship in a company listed on the Stock Exchanges.
Failures to capitalize on growth opportunities in the power infrastructure industry could limit the company's ability to expand its product portfolio and market reach.
Technological failures or insufficient innovation in enhancing the company's manufacturing capabilities could negatively affect operational efficiency and competitive positioning.
A portion of the Net Proceeds may be utilized for repayment or pre-payment of borrowings availed by the Company from ICICI Bank Limited, which is an affiliate of ICICI Securities Limited, one of the BRLMs.
Expansion challenges in domestic and global markets could expose its to geographic and market specific risks, impacting revenue stability and growth.
An inability to accurately forecast demand or price for the company's cables and conductors and manage its inventory may adversely affect the company's business, results of operations, financial condition, and cash flows.
There are outstanding litigation proceedings involving the company's, Promoters, Directors, Subsidiary, KMPs and SMs and some of the case papers and records are not available with the company. Any adverse outcome in such proceedings may have an adverse impact on the company's reputation, business, financial condition, results of operations and cash flows.
The company relies on third party logistics providers for transportation of its manufactured power cables, aluminium conductors and wires to the project site or distribution to its customers. Any delay or disruption or refusal by the company's third-party logistics providers in timely delivery of its products may affect the company's business, results of operations and cash flow adversely.
Failures or disruption of the company's information technology ("IT") systems may adversely affect its business, financial condition, results of operations, cash flows and prospects.
The company has in the past entered into related party transactions and may continue to does so in the future, which may potentially involve conflicts of interest with the equity shareholders.
The company's insurance may be insufficient to cover all losses associated with its business operations.
The company's Promoters and Promoter Group will continue to retain a majority shareholding in its after the Offer, which will allow them to exercise significant influence over the company.
Industry information included in this Red Herring Prospectus has been derived from an industry report exclusively commissioned and paid for by the Company.
The Company's ability to pay dividends in the future will depends on the Company's earnings, financial condition, working capital requirements, capital expenditures and restrictive covenants of the Company's financing arrangements.
The company has included certain Non-GAAP Measures, industry metrics and key performance indicators related to its operations and financial performance in this Red Herring Prospectus that are subject to inherent measurement challenges. These Non-GAAP Measures, industry metrics and key performance indicators may not be comparable with financial, or industry-related statistical information of similar nomenclature computed and presented by other companies. Such supplemental financial and operational information is therefore of limited utility as an analytical tool for investors and there can be no assurance that there will not be any issues or such tools will be accurate going forward.

Laser Power & Infra Ltd Peer Comparison

Understand the company’s industry standing

Laser Power & Infra Pvt Ltd

Apar Industries Limited

Polycab India Limited

Face Value

Standalone / Consolidated

Consolidated

Total Income Rs. Cr.

2326.1

22902.12

28883.79

EPS-Basis

13.18

243.21

177.53

EPS-Diluted

13.18

242.81

176.95

NAV Per Share

63.06

1342.7

797.79

P/E-Basic EPS

---

67.05

56.98

P/E-Diluted EPS

---

RONW(%)

20.9

18.11

22.25

Latest NAV Period

---

Latest NAV

---

Journey for how to check the allotment status

How to check the allotment status of Laser Power & Infra Ltd IPO?

Follow the steps

Open link to the registrar using this URL (https://evault.kfintech.com/ipostatus/).

IPO reads

Stay updated with the latest IPO developments

View All

This is ₹50.11 Cr Balaji Phosphates IPO Opens Feb 28. Issue Details and SWOT Analysis

February 27, 2025 | 5 min read

₹50.11 Cr Balaji Phosphates IPO Opens Feb 28. Issue Details and SWOT AnalysisRead More

This is Tata Capital Board Approves ₹15,000 Cr Plus Mega IPO; Tata Investment Shares Soar 8%

February 25, 2025 | 5 min read

Tata Capital Board Approves ₹15,000 Cr Plus Mega IPO; Tata Investment Shares Soar 8%Read More

This is Busy Week Ahead: 2 SME IPOs and 9 Market Listings – Get the Complete Details Here

February 18, 2025 | 5 min read

Busy Week Ahead: 2 SME IPOs and 9 Market Listings – Get the Complete Details HereRead More

This is Waaree Energies IPO: GMP Soars 106% Amid 76.34x Subscription – Check Your Allotment Status!

October 25, 2024 | 5 min read

Waaree Energies IPO: GMP Soars 106% Amid 76.34x Subscription – Check Your Allotment Status!Read More

This is Upcoming IPOs: 9 Public Issues Set to Raise ₹10,984.8 Cr – Key Insights Inside!

October 22, 2024 | 5 min read

Upcoming IPOs: 9 Public Issues Set to Raise ₹10,984.8 Cr – Key Insights Inside!Read More

This is Hyundai IPO Hits a Speed Bump With 42% Subscription On Day 2 : 4 Reasons Why

October 17, 2024 | 5 min read

Hyundai IPO Hits a Speed Bump With 42% Subscription On Day 2 : 4 Reasons WhyRead More

This is Bajaj Housing Finance IPO: All You Need to Know

September 6, 2024 | 5 min read

Bajaj Housing Finance IPO: All You Need to KnowRead More

October 17, 2024 | 5 min read

Hyundai IPO Hits a Speed Bump With 42% Subscription On Day 2 : 4 Reasons WhyRead More

This is Premier Energies IPO: Key Details Ahead of the ₹2,830.40 Cr Issue Launch

August 26, 2024 | 5 min read

Premier Energies IPO: Key Details Ahead of the ₹2,830.40 Cr Issue LaunchRead More

More on IPOs

Navigate your way to other IPO resources

Current IPOs

Upcoming IPOs

Closed IPOs

Listed IPOs

Performing IPOs

Latest videos on IPOs

IPO highlights & details!

FAQs on IPO

Get answers to all your questions here!

The IPO opens on 09 Jul 2026 & closes on 13 Jul 2026.

Laser Power & Infra Ltd IPO will close on 13 Jul 2026.

One of the leading players in terms of manufacturing capacity for power cables and conductors in East India.
Strong manufacturing capabilities, through strategically located manufacturing units.
Robust execution capabilities, with a track record of executing and handling complex EPC projects successfully and strong backward integration capabilities.
Established track record with a marquee customer base.
Strategic partnerships and collaboration with international players.
Strong and diversified Order Book with long term revenue growth visibility.
Experienced Promoters and management team with skilled workforce.

S.No	Promoters Name	Pre Issue Shares	Pre Issue Percentage	Post Issue Shares	Post Issue Percentage
1	Deepak Goel	52245080	45.41	46988071	33.47
2	Devesh Goel	28760040	25	25839480	18.41
3	Akshat Goel	18558720	16.13	18558720	13.22
4	Rakhi Goel	15471000	13.45	14302776	10.19
5	Priya Goel	1800	---	1800	---
6	Samidha Goel	1800	---	1800	---
7	Priya Goel Private Family Tru	1800	---	1800	---
8	Deepak Goel Business Trust	1000	---	1000	---

The company's business largely depends on its top 10 customers which contributed 72.14%, 68.87% and 53.37% of the company Revenue from Operations in Fiscals 2026, 2025 and 2024. The loss of any of these customers could has an adverse effect on its business, financial condition, results of operations and cash flows.
The sale of power cables and conductors manufactured by the Company contributes a significant portion to its Revenue from Operations (72.70%, 72.25% and 87.43% for the Fiscals 2026, 2025 and 2024). Any adverse development in the company''s performance in the manufacturing business segment could has an adverse effect on its business, cash flows, results of operation and financial position.
Significant increases or fluctuations in prices of, or delay or disruption in supply of primary raw materials could affect the company's estimated costs, expenditures and timelines which may have a material adverse effect on its business, financial condition, results of operations and cash flows.
The company depends on a limited number of suppliers and its does not has long term agreements with most of the company's suppliers for its raw materials and volatility in raw material prices and shortages or disruption in their supply could adversely affect the company's business, results of operations, financial condition and cash flows.
The company's revenues from its EPC segment are dependent upon the company's ability to effectively secure contracts awarded to its through the competitive bidding route. Consequently, the company's results of operations and cash flows may be adversely affected or fluctuate materially periodically.
The company has high working capital requirement. If there are delays in the collection of receivables from its customers or the company is unable to access suitable financing to meet working capital requirements, it could lead to material adverse effect on its business, prospects, financial condition and results of operations.
The company is subject to various laws and extensive government regulations and if its fail to obtain, maintain or renew the company's statutory and regulatory licenses, permits and approvals required to operates its business and the company's Manufacturing Units and warehouses, including environmental, health and safety laws and other regulations, its business financial condition, results of operations and cash flows may be adversely affected.
The company's financing agreements contain covenants that limit its flexibility in operating the company's business. Further, its Company has availed unsecured loans from banks and other financial institutions, which may be recalled on demand. If the company is not in compliance with certain of these covenants and is unable to obtain waivers from the respective lenders, its lenders may accelerate the repayment schedules, and enforce their respective security interests, leading to a material adverse effect on the company's business and financial condition.
Government policies, budgetary allocations for investments and general macroeconomic and business conditions may affect the company's EPC segment.
Any downgrade in the company's credit ratings could increase its borrowing costs, affect the company's ability to obtain financing, and adversely affect its business, results of operations and financial condition.
The company is highly dependent on its Key Managerial Personnel and the company's Senior Management for its business. The loss of or the company's inability to attract or retain such persons, as well as other employees, could have a material adverse effect on its business performance.
Growth of the company's business is supported by its manufacturing agreement with TS Conductor Corp. and any adverse changes or termination of this agreement could materially and adversely affect the company's business, financial condition, and results of operations.
Conflicts of interest may arise out of common business objects shared by the Company and Group Companies. Further, its Promoter Group entity, Lumino Industries Limited, operates in a related business segment, and there may be potential conflicts of interest that could adversely affect the company's business and results of operations.
The company faces certain competitive pressures from the existing competitors and new entrants in both public and private sector. Increased competition and aggressive bidding by such competitors are expected to make its ability to procure business in future more uncertain which may adversely affect the company's business, financial condition and results of operations.
Challenges in expanding the company's EPC portfolio into the water and solar distribution sectors could hinder its diversification efforts and revenue growth.
The company operates in a labour - intensive industry and is subject to stringent labour laws and any strike, work stoppage or increased wages demands by its labourers or any other kind of disputes with the company's labourers could adversely affect its business, financial condition, results of operations and cash flows.
The company's continued operations at all of its Manufacturing Units located in West Bengal, may expose the company to regional risks are critical to its business and any disruption, breakdown or shutdown of the company's Manufacturing Units may has a material adverse effect on its business, financial condition, results of operations and cash flows.
The company has capital expenditure requirements and may requires additional capital and financing in the future and the company's operations could be curtailed if its is unable to obtain the required additional capital and financing when needed.
The company does not has firm commitment agreements with its customers for sale of products under the company's manufacturing segment. If its customers choose not to source their requirements from the company, there may be an adverse effect on its business, financial condition, cash flows and results of operations.
The company's business is dependent on the performance and growth of the power infrastructure sector, both in the Indian and overseas markets. Any adverse changes in the conditions affecting the power infrastructure sector can adversely impact its business, results of operations, cash flows and financial condition.
The company is required to furnish bank guarantees as part of its business. The company's inability to arrange such guarantees or the invocation of such guarantees or its inability to fulfil any or all of the obligations under such bank guarantees may or may not adversely affect the company's cash flows and financial condition.
The company has incurred indebtedness and an inability to obtain further financing or to comply with repayment and other covenants in its financing agreements could adversely affect the company's business, results of operations, financial condition and cash flows.
The company has certain contingent liabilities, which, if they materialize, may adversely affect its results of operations, financial condition and cash flows.
The company regularly work with flammable materials and activities in its operation which can be dangerous and could cause injuries to people or property.
The company's Order Book may not be representative of its future results and the company's actual income may be significantly less than the forecasted revenues in its Order Book, which could adversely affect the company's results of operations.
An inability to complete the company's ongoing EPC projects and forthcoming EPC projects by their respective expected completion dates or at all could have a material adverse effect on its business, results of operations and financial condition.
The company is exposed to claims, penalties and damages resulting from delays in its EPC projects which may have an adverse effect on the company's business.
The company's Statutory Auditor has issued certain matter of emphasis in the auditor's report on the audited consolidated financial statements for the Fiscals 2026, 2025 and 2024.
Since the company's EPC contracts has long execution periods, cost and time overruns, project related estimated costs and revenue estimates may vary from the actual costs incurred and actual revenues generated which may adversely affect its business, financial condition, results of operations and future prospects.
The company is subject to stringent quality standards and any product defect issues or failures by its or the company's suppliers to comply with quality standards may lead to the cancellation of existing and future orders, recalls or exposure to potential product liability claims. Maintaining these standards incurs significant costs, and failures to uphold required accreditations may damages its brand and reputation, and may adversely affect the company's business, results of operations, financial condition, operations, cash flows, and reputation.
The company depends significantly on skilled and unskilled labour and an inability to access skilled and unskilled labour at reasonable costs at its EPC project sites may adversely affect the company's business.
Under-utilization of the company's manufacturing capacities and an inability to effectively utilize its expanded manufacturing capacities could have an adverse effect on the company's business, future prospects, and financial performance, and the information on installed capacities, historical production, and capacity utilization included in this Red Herring Prospectus is based on estimates.
Improper storage, processing and handling of the company's raw materials, work-in-progress and finished products may result in damage to its inventories and adversely affect the company's business, results of operations, cash flows and financial condition.
The company's Promoters and member(s) of its Promoter Group has given personal guarantees for loan facilities obtained by the Company. Any failures or default by the Company to repay such loans in accordance with the terms and conditions of the financing documents could trigger repayment obligations on them.
Certain of the company's corporate records is not traceable. Its cannot assure you that no legal proceedings or regulatory actions will be initiated against the Company in the future in this regard which may impact its financial condition and reputation.
The company has leased and, or availed on license, the use of certain properties from which its operates its business. The company cannot assure you that the lease, and, or license agreements will be renewed upon termination or that its will be able to obtain other premises on lease on same or similar commercial terms.
The company has delayed payments of certain statutory dues and has also paid interest and fees towards such delayed payments.
The company's export sales of its products across the international markets were 2.19%, 4.01% and 4.17%, of its total Revenue from Operations for the Fiscals 2026, 2025, and 2024, respectively. Any decrease in the demand for the company's products in these markets or an inability to increase or effectively manage its sales to such markets may adversely affect the company's business, financial condition and results of operations. Further, increase in the anti-dumping duties in such countries or the entry into free trade agreements with such countries may adversely affect its business, financial condition and results of operations.
The company has significant power and fuel requirements and any disruption to power or fuel sources could increase its production costs and adversely affect the company's business, results of operations, financial condition and cash flows.
The company's failures to keep its technical knowledge confidential could erode the company's competitive advantage.
None of the company's Whole-time Directors has prior experience of holding a directorship in a company listed on the Stock Exchanges.
Failures to capitalize on growth opportunities in the power infrastructure industry could limit the company's ability to expand its product portfolio and market reach.
Technological failures or insufficient innovation in enhancing the company's manufacturing capabilities could negatively affect operational efficiency and competitive positioning.
A portion of the Net Proceeds may be utilized for repayment or pre-payment of borrowings availed by the Company from ICICI Bank Limited, which is an affiliate of ICICI Securities Limited, one of the BRLMs.
Expansion challenges in domestic and global markets could expose its to geographic and market specific risks, impacting revenue stability and growth.
An inability to accurately forecast demand or price for the company's cables and conductors and manage its inventory may adversely affect the company's business, results of operations, financial condition, and cash flows.
There are outstanding litigation proceedings involving the company's, Promoters, Directors, Subsidiary, KMPs and SMs and some of the case papers and records are not available with the company. Any adverse outcome in such proceedings may have an adverse impact on the company's reputation, business, financial condition, results of operations and cash flows.
The company relies on third party logistics providers for transportation of its manufactured power cables, aluminium conductors and wires to the project site or distribution to its customers. Any delay or disruption or refusal by the company's third-party logistics providers in timely delivery of its products may affect the company's business, results of operations and cash flow adversely.
Failures or disruption of the company's information technology ("IT") systems may adversely affect its business, financial condition, results of operations, cash flows and prospects.
The company has in the past entered into related party transactions and may continue to does so in the future, which may potentially involve conflicts of interest with the equity shareholders.
The company's insurance may be insufficient to cover all losses associated with its business operations.
The company's Promoters and Promoter Group will continue to retain a majority shareholding in its after the Offer, which will allow them to exercise significant influence over the company.
Industry information included in this Red Herring Prospectus has been derived from an industry report exclusively commissioned and paid for by the Company.
The Company's ability to pay dividends in the future will depends on the Company's earnings, financial condition, working capital requirements, capital expenditures and restrictive covenants of the Company's financing arrangements.
The company has included certain Non-GAAP Measures, industry metrics and key performance indicators related to its operations and financial performance in this Red Herring Prospectus that are subject to inherent measurement challenges. These Non-GAAP Measures, industry metrics and key performance indicators may not be comparable with financial, or industry-related statistical information of similar nomenclature computed and presented by other companies. Such supplemental financial and operational information is therefore of limited utility as an analytical tool for investors and there can be no assurance that there will not be any issues or such tools will be accurate going forward.

The Issue type of Laser Power & Infra Ltd is Book Building.

The minimum application for shares of Laser Power & Infra Ltd is 70.

The total shares issue of Laser Power & Infra Ltd is 34672895.

Laser Power & Infra Ltd IPOLASERPOWER

Objectives of Laser Power & Infra Ltd IPO