Laser Power Infra Ltd. made a strong stock market debut on Thursday, with its shares listing at ₹91 on the NSE SME platform, a 17% premium over the IPO price of ₹77 per share.
The listing was broadly in line with grey market expectations and reflected strong investor interest in the public issue. The IPO had received robust demand from retail and other investors during the subscription period.
The company plans to utilise the funds raised to meet working capital needs and support business expansion. Analysts advised investors to focus on the company’s long-term growth despite the strong listing gains.