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Laser Power & Infra secures Rs 836 crore orders under RDSS and files DRHP for a Rs 1,200 crore IPO. Laser Power & Infra has secured Rs 836 crore of turnkey contracts under the Revamped Distribution Sector Scheme for supply of power cables and related infrastructure, including major orders from KESCo, NTPC and JDVVNL; the company has also filed a draft red herring prospectus (DRHP) for a Rs 1,200 crore IPO comprising a fresh issue and an offer for sale, with consolidated revenue and profit figures disclosed to support the proposed offering.
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<h1>Laser Power & Infra secures Rs 836 crore orders under RDSS and files DRHP for a Rs 1,200 crore IPO.</h1> Laser Power & Infra has secured Rs 836 crore of turnkey contracts under the Revamped Distribution Sector Scheme for supply of power cables and related infrastructure, including major orders from KESCo, NTPC and JDVVNL; the company has also filed a draft red herring prospectus (DRHP) for a Rs 1,200 crore IPO comprising a fresh issue and an offer for sale, with consolidated revenue and profit figures disclosed to support the proposed offering.