Laser Power & Infra IPO 2026: Day 2 fully subscribed

Laser Power & Infra IPO opens July 9, closes July 13

Laser Power & Infra Ltd’s mainboard initial public offering (IPO) opened for subscription on 09 Jul 2026 and will close on 13 Jul 2026. The shares are proposed to be listed on both the NSE and BSE, with a tentative listing date of 16 Jul 2026.

Subscription data released during the bidding window showed the IPO reaching full subscription by the second day, according to NSE updates cited in the available information. Category-wise demand was led by non-institutional investors (NIIs), while retail and qualified institutional buyer (QIB) participation was still building as of July 10.

Issue structure and headline numbers

Laser Power & Infra IPO is described as a MAINBOARD public issue of 34,672,896 equity shares with a face value of ₹5 each, aggregating to a total issue size of ₹742.00 crore. The issue price is fixed at ₹214 per equity share, and the minimum application size is 70 shares.

The registrar to the issue is MUFG Intime India Pvt Ltd. The offering is available for bidding until the close of market hours on July 13, 2026.

Key IPO dates investors are tracking

The key dates mentioned for Laser Power & Infra IPO are:

• IPO opens: 09 Jul 2026
• IPO closes: 13 Jul 2026
• Tentative listing: 16 Jul 2026 (NSE and BSE)

Day 3 subscription figures were shown as pending in the provided day-wise table and noted as “to be updated” once final day numbers are available.

Price, lot size, and minimum investment

The cut-off/issue price in the provided information is ₹214 per share. With a lot size of 70 shares, the minimum application amount is stated as ₹14,980.

This effectively means applicants in the retail category (and others applying at the minimum lot) are bidding for 70 shares per lot at the cut-off price, subject to the final allotment process.

Day-wise subscription trend (as available)

The IPO’s day-wise subscription tables provided in the input show the following progress:

• Day 1 (Jul 9, 2026): overall subscription reported at 0.17x, with NII at 0.20x and retail at 0.26x in the day-wise category table.
• Day 2 (Jul 10, 2026): overall subscription reported as 1x in one snapshot, while another update shows 1.05x as of 5:07 pm.
• Day 3 (Jul 13, 2026): figures were shown as not yet available in the provided day-wise table.

The day-wise category table also notes that the “Subscription (x)” metric reflects how many times the category’s reserved shares have been bid for.

Category-wise demand: NIIs lead by July 10 updates

Multiple updates in the provided text point to NIIs driving demand by the end of day 2.

One set of figures (as of 10 Jul, 2026 11:30 IST) shows:

• QIBs (ex-anchors): 0.64x
• NIIs: 1.93x
• RIIs: 0.8x
• Total: 1x

Another update (as of Jul 10, 2026 17:07) shows:

• QIB (Ex Anchor): 0.68x
• NII: 2.03x
• Retail: 0.85x
• Total: 1.05x

These snapshots indicate that while the overall book moved to full subscription by day 2, participation varied meaningfully across investor categories, with NII demand running close to about two times in the updates shared.

What the bid numbers show (NSE data cited)

A PTI report included in the provided text said the IPO received bids for 2,55,12,130 shares against 2,55,86,207 shares on offer, based on NSE data. This was described as translating to overall subscription of 100% as of 5:00 pm on July 10.

The same PTI text noted the non-institutional investors category at 1.93 times, while the retail portion was booked 80% and the QIB quota was subscribed 64%.

Because IPO subscription numbers can be updated during the day, the input also contains a later snapshot showing overall subscription at 1.05x by 5:07 pm on July 10.

Laser Power & Infra: business and location

Laser Power & Infra Ltd is described in the text as an integrated manufacturer of power cables, conductors and specialised products for the power transmission and distribution industry. It is also referred to as a power transmission equipment manufacturer.

The company’s address and contact details provided are:

• Address: 4A, Pollock Street, 3rd Floor, Kolkata, West Bengal, 700001
• Phone: +91 33 4822 9195
• Website: http://www.laserpowerinfra.com/
• Investor grievance email: investor.grievance@laserpowerinfra.com

Key facts table: issue details and subscription snapshots

Subscription table: day-wise (as available)

Note: The day-wise table in the provided text stated that Day 3 figures would be updated once available.

Market impact: what the early book-building signals

The available subscription snapshots show that the IPO attracted stronger bidding from NIIs by day 2, while retail and QIB participation was lower in comparison in the same updates (around 0.8x to 0.85x for retail and around 0.64x to 0.68x for QIB ex-anchors).

The overall book reaching 1x to 1.05x by July 10 suggests the offering moved from a relatively modest day 1 (overall 0.17x) to full subscription by day 2, based on the data provided. The PTI report also highlighted the pace of bidding, citing full subscription by the second day.

Analysis: why investors are watching July 13 and listing day

With the IPO closing on 13 Jul 2026, the final day subscription numbers become important to understand whether demand broadens beyond NIIs and how participation looks across QIB and retail categories in the final book.

The listing is scheduled on a tentative basis for 16 Jul 2026 on NSE and BSE. Investors typically track final subscription, category-wise allocation, and exchange updates as the process moves toward listing, but the provided input does not include specific allotment or refund timelines.

Conclusion

Laser Power & Infra Ltd’s ₹742 crore IPO, priced at ₹214 with a 70-share minimum lot, runs from July 9 to July 13, 2026 and is set for a tentative July 16 listing on NSE and BSE. Subscription updates up to July 10 showed the issue reaching full subscription, led by NIIs, with Day 3 figures awaited in the provided data.