Laser Power Infra - IPO Report

Founded in 1988, Laser Power & Infra Ltd. is a Kolkata-based integrated manufacturer of power cables, conductors and specialised components catering to the power transmission and distribution sector. The company has strategically expanded into the EPC segment, offering turnkey solutions across power distribution, rural electrification and substation projects.

It operates three manufacturing facilities in West Bengal with a combined installed capacity of 85,448 MT as of March 2026. Its operations are divided into two key verticals: Manufacturing and EPC. The company enjoys strong business visibility with an order book of ₹3,243.4 crore as of March 31, 2026.

Laser Power has established a wide domestic presence across 26 states and 4 union territories, with a strong foothold in eastern and central India. Additionally, the company has expanded its global footprint and currently serves customers across 10 international markets.

The Indian wires and cables market demonstrated robust momentum through FY25, expanding to an estimated value of ₹1,951 billion from ₹781 billion in FY20 at a notable CAGR of 20.1%. This accelerated growth was primarily driven by increased demand for high-voltage (HV) and extra-high-voltage (EHV) lines exceeding 33 kV, alongside specialised elastomeric rubber cables.

Complementing utility-driven demand, the post-pandemic resurgence in commercial and residential construction sectors fueled volume growth for building wires, switchboard cables and PVC control instrumentation.