Laser Power & Infra shares are set to debut on the Indian stock market today, July 16, 2026, following a successful initial public offering (IPO). The IPO, which was open for subscription from July 9 to July 13, received strong demand, prompting analysts to predict a robust market entry for the company.
Key Details
The shares will be listed on both the Bombay Stock Exchange (BSE) and the National Stock Exchange (NSE). According to a notice from the BSE, the equity shares will be admitted to dealings in the 'B' Group of Securities starting at 10:00 AM today.
Background
Ahead of the listing, Laser Power & Infra shares are commanding a grey market premium (GMP) of ₹40 per share, indicating an 18.69% rise over the issue price of ₹214. Analysts expect the stock to list between ₹240 and ₹250 per share, based on current trends in the grey market. Sushant Prashar, an analyst, noted,
The grey market has been indicating a premium in the mid twenties to mid thirties over the ₹214 cap, which, if it holds, points to a listing in the ₹240 to ₹250 zone, a premium of 12% to 16%.
The anticipated strong debut of Laser Power & Infra shares could influence investor sentiment in the broader IPO market, particularly for companies in the manufacturing sector. A successful listing may lead to increased interest in upcoming IPOs, as investors seek similar opportunities.
Watch for further updates on the stock's performance in the first trading session and any implications for future IPOs in the market.