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September 12, 2016 - September 15, 2016

L&T Technology IPO Allotment Status Online

L&T Technology IPO allotment is expected on September 20, 2016.

The basis of allotment for L&T Technology IPO is available now.

To check L&T Technology IPO allotment status, follow the steps below:

  1. Click on the below allotment status check button.
  2. Select Company Name.
  3. Enter your PAN Number, Application Number or DP Client ID (Anyone).
  4. Click on Search.

On securing the allotment, you will receive the credit of equivalent shares in your Demat account.

If you have any concerns or queries about the allotment status, contact Kfin Technologies Limited either by phone or email. Investors can call on 04067162222, 04079611000 or send an email with all relevant details to einward.ris@karvy.com.

L&T Technology IPO Allotment FAQs

The L&T Technology IPO allotment status will be available on September 20, 2016, as per the timeline provided in the red-herring prospectus.

Below are the steps to check L&T Technology IPO allotment status online:

  • Visit the L&T Technology IPO allotment status page.
  • Click on the green L&T Technology IPO Allotment Status.
  • Enter either PAN number, Application Number or DP Client ID of the demat account to check the L&T Technology IPO allotment status.
  • Click Search.

Note: The disabled button shows that the allotment is not yet available online.

The allotment result looks like as below:

  • PAN No.: AHMLK1898J
  • Application No.: RL041213805307
  • Name: Mr. Rajveer Singh
  • Shares Applied: 40
  • Shares Allotted: 40

The expected listing price of L&T Technology IPO depends on many factors including demand, nature of the business, market environment and state of the economy. The L&T Technology IPO grey market premium gives some hint but the actual listing price is difficult to guess.

L&T Technology IPO allotment status is expected on September 20, 2016. Click the green button L&T Technology IPO Allotment Status above to check the allotment. Note the button remains to disable until the allotment is available online.

If L&T Technology IPO oversubscribed in the retail category, the L&T Technology IPO shares will be distributed on a proportionate basis to Retail Individual Investors (RII). Each retail investor will get a minimum of 1 lot subject to the availability of shares in the retail portion. If enough shares are not available, a lottery is drawn to choose the investors.

The L&T Technology IPO shares will get listed on Friday, September 23, 2016. The equity share of L&T Technology Services Ltd will list on BSE, NSE.

The reason you didn't get the L&T Technology IPO could be:

  • IPO become oversubscribed and allotment process is completed through a lottery
  • The IPO application got rejected due to mismatch/incomplete information
  • The issue price is higher than the bid price. (Always apply on cut-off price).