The allotment process is the phase in which the company decides who gets the shares based on the total bids received. IPO investors wait to see if they get shares on the Allotment day, July 14, 2026. Laser Power & Infra IPO of approx. 742.00 crore opens on July 9, 2026. It includes the fresh issue of ₹542.00 Cr and the Offer for Sale of ₹200.00 Cr. These proceeds are to repay company debt and manage corporate operations. Retail investors must purchase a minimum of 1 lots of 70 shares each. This company works in power cable manufacturing and infrastructure projects.
In case of non-allotment, most banks unblock the ASBA funds and provide refunds within 24 to 48 hours of the allotment/refund date. You can contact the registrar/bank if you do not get the refund in 7-10 working days.
The official registrar for this IPO is MUFG Intime India Limited. They are responsible for the entire allotment process, refunds, and the share credit. You can check the status on three different platforms:
Get in touch with MUFG Intime India Pvt.Ltd for any concerns or queries related to allotment, refunds, or credit of shares. You can call on +91-22-4918 6270 or email at ipo.helpdesk@linkintime.co.in.
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