Laser Power and Infra Limited IPO
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Laser Power and Infra Limited IPO details
About Laser Power and Infra Limited
Laser Power & Infra Limited is an integrated manufacturer of power cables, conductors, and specialised electrical products. Established in 1988, the company has grown into a leading player with three manufacturing units and over three decades of operating history. The business is promoted and led by Managing Director Mr Deepak Goel, supported by a professional leadership team.The company operates two segments: Manufacturing and EPC. Its product portfolio includes LV and MV power cables, aerial bunched cables, quad and signalling cables, aluminium conductors (ACSR, AAC, AAAC, ACSS), and speciality cables. It also manufactures aluminium and alloy rods and PVC compounds for backward integration. In 2015, the company expanded into EPC, offering turnkey solutions in power distribution, substations, rural electrification, and system strengthening. Strong in-house manufacturing, NABL-accredited testing facilities, and a partnership with TS Conductor Corp enhance its technological edge and execution capabilities.
Financials of Laser Power and Infra Limited
Issue size
| Funds Raised in the IPO | Amount |
| Total issue size | 1200 |
| Fresh Issue – Proceeds go to the company | 800 |
| Offer for sale – Proceeds go to the existing investors | 400 |
Utilisation of Proceeds
| Purpose | INR crores (%) |
|---|---|
| Pre-payment / repayment of borrowings | 600 (75%) |
| General corporate purposes | 200 (25%) |
Strengths
- Long operating history with a strong brand and a large customer base
- Wide cable and conductor product range serving many sectors
- Established EPC presence with backward integration advantages
- NABL-accredited testing and strong technical capabilities
- Strategic TS Conductor partnership enhancing technology offerings
Risks
- Heavy dependence on government and state utility orders
- Business is exposed to delays in approvals and regulatory risks
- Competition from unorganised players in the cables and conductors market
- High reliance on working capital and large order execution cycles
- Commodity price volatility is affecting input costs and margins