Laser Power IPO listing tomorrow: Here’s what GMP hints ahead of debut

Laser Power & Infra is set to list on Indian bourses on 16 July after its mainboard IPO received strong demand, with QIBs subscribing 92.25 times, NIIs 43.34 times, and retail investors 6.59 times. The price band was fixed at ₹203 to ₹214 per share, and grey market premium of ₹44 signals an estimated listing price of around ₹258, about 20.56% above the upper end. The Kolkata-based firm raised ₹742 crore through the issue, comprising a ₹542 crore fresh issue and ₹200 crore offer-for-sale, with ₹499 crore earmarked for debt repayment against total debt of ₹935.7 crore.