Laser Power & Infra Limited

Laser Power & Infra Limited, incorporated in 1988 and headquartered in Kolkata, West Bengal, is an integrated manufacturer of power cables and conductors for India's power transmission and distribution industry. Its product range covers medium and low voltage power cables, aerial bunched cables, control and instrumentation cables, conductors, aluminium rods, aluminium alloy rods and armour rods, sold under the LASER brand to both institutional and retail buyers. Alongside manufacturing, the company runs an engineering, procurement and construction business that builds power distribution infrastructure, carries out rural electrification work, and erects substations and other turnkey projects, so a single order can be served from its own production lines. The company operates three manufacturing units in West Bengal with in-house testing and research facilities, and reported a combined production capacity of roughly 73,100 MT as of 31 March 2025. It employed about 660 permanent staff as of 31 August 2025. Its customers include central and state government power distribution utilities, Indian Railways and private buyers, and it also supplies select overseas markets. The company entered the EPC segment in 2015 and has since used it as a second channel for its own cables and conductors, while a manufacturing tie-up with TS Conductor Corp of the United States gives it access to specialised conductor technology. Revenue is drawn from two streams, product sales and EPC contract execution, which gives the business exposure both to utility capital spending and to the replacement demand for cabling. Management has pursued backward integration, moving upstream into aluminium rod production, and has added higher value products to lift margins; profit after tax has grown across the last three reported financial years while the balance sheet has carried a meaningful level of borrowing. The company describes itself as one of the larger players in the power cables and conductors segment in eastern and north-eastern India while selling on a pan-India basis.

The company allotted 1,04,01,867 shares at ₹214 each to anchor investors on 8 July 2026, raising about ₹222.60 crore from 19 institutional participants. Names on the anchor book include Nippon India Mutual Fund, HDFC Manufacturing Fund, Kotak Mutual Fund, Mirae Asset, Motilal Oswal, Bandhan Small Cap Fund, Edelweiss Recently Listed IPO Fund, Bank of India Mid Cap Fund, Kotak Mahindra Life Insurance, Edelweiss Life Insurance, Societe Generale and Sageone Flagship Growth Fund.