Laser Power & Infra IPO Day 3: GMP hints at 17% listing gains; Check subscription status, key details

Laser Power & Infra's Rs 742-crore IPO was fully subscribed on Day 2, with the retail portion at 80%, NIIs at 1.93 times, and QIBs at 64%. The grey market premium stood at Rs 36, indicating around 17 percent listing gains over the upper price band of Rs 214. The issue comprises a fresh issue of Rs 542 crore and an OFS of Rs 200 crore, with share allotment expected on July 14, 2026 and listing on NSE/BSE on July 16, 2026.