MediumPositive
Announced Wed, 8 Jul · 22:32 IST

Laser Power & Infra raises ₹222 crore from anchor investors ahead of IPO

Price reaction · full curve

Awaiting price reaction for this filing.

AI summary

Laser Power and Infra has raised about Rs. 222 crore from anchor investors at Rs. 214 per equity share ahead of its Rs. 742 crore IPO opening on July 9, 2026. Key anchors include Nippon Life MF, HDFC MF, Kotak Mahindra MF, Mirae MF, Motilal Oswal MF, Bandhan MF, and Edelweiss MF, with 8 domestic mutual funds taking 73.67 percent of the anchor allocation through 12 schemes. The Kolkata-based integrated power cable and conductor manufacturer, promoted by the Goel family, is offering a fresh issue of Rs. 542 crore and an offer for sale of Rs. 200 crore at a price band of Rs. 203 to Rs. 214, with listing scheduled for July 16.