Laser Power & Infra Ltd

Initial public offering of up to 3,46,72,897 equity shares of face value of Rs. 5 each (Equity Shares) of Laser Power & Infra Limited (The Companyor the Issuer) for cash at a price of Rs. 203-214 per equity share of face value of Rs. 5 per equity share (the Offer Price) aggregating up to Rs. 742 Crore (the Offer) comprising a fresh issue of up to 25,327,102 equity shares of face value of Rs. 5 each by the company aggregating up to Rs. 542 Crore (the Fresh Issue) and an offer for sale of up to 9,345,794 equity shares of face value of Rs. 5 aggregating up to Rs. 200 Crore comprising up to 5,257,009 equity shares of face value of Rs. 5 each aggregating up to Rs. 112.5 Crore by Deepak Goel, up to 1,168,224 equity shares of face value of Rs. 5 each aggregating up to Rs. 25 Crore by Rakhi Goel and up to 2,920,560 equity shares of face value of Rs. 5 each aggregating up to Rs. 62.5 Crore by Devesh Goel (the Promoter Selling Shareholders) and such offer by the promoter selling shareholders, the (Offer For Sale).The company, in consultation with the brlms, may consider an issue of specified securities, as may be permitted under the applicable law, to any person(s), aggregating up to Rs. 160 Crore at its discretion, prior to filing of the red herring prospectus (Pre-Ipo Placement). The pre-ipo placement, if undertaken, will be at a price to be decided by the company, in consultation with the brlms. if the pre-ipo placement is completed, the amount raised pursuant to the pre-ipo placement will be reduced from the fresh issue,subject to compliance with rule 19(2)(b) of the scrr. the pre-ipo placement, if undertaken, shall not exceed 20% of the size of the fresh issue. Prior to the completion of the offer, the company shall appropriately intimate the subscribers to the pre-ipo placement, prior to allotment pursuant to the pre-ipo placement, that there is no guarantee that the company may proceed with the offer, or the offer may be successful and will result into listing of the equity shares on the stock exchanges. Further, relevant disclosures in relation to such intimation to the subscribers to the pre-ipo placement (If Undertaken)shall be appropriately made in the relevant sections of the red herring prospectus and prospectus. The company shall report any pre-ipo placement to the stock exchanges, within 24 hours of such pre-ipo placement (In Part Or In Entirety).Price Band: Rs. 203.00 to Rs. 214.00 per equity share of face value of Rs. 5 each.The floor price is 40.60 times the face value of the equity shares and the cap price is 42.80 times the face value of the equity shares. Bids can be made for a minimum of 70 equity shares of face value of Rs. 5 each and in multiples of 70 equity shares of face value of Rs. 5 each thereafter.