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L&T Technology IPO Allotment Status Online

L&T Technology IPO Details

Issue Open Sep 12, 2016
Issue Close Sep 15, 2016
IPO Price ₹860
Face Value ₹2
IPO Size ₹894.40 Cr
Listing At BSE, NSE
IPO Lot Size 16

L&T Technology IPO Schedule

  • Bid/Offer Opens On: Sep 12, 2016
  • Bid/Offer Closes On: Sep 15, 2016
  • Finalization of Basis of Allotment: Sep 20, 2016
  • Initiation of refunds: Sep 21, 2016
  • Credit of Equity Shares: Sep 22, 2016
  • Listing Date: Sep 23, 2016

Check L&T Technology IPO allotment status online by clicking the button below. If you have difficulties finding the L&T Technology Services Ltd IPO allotment status, please visit the website of the IPO registrar.

Note: Registrar of the L&T Technology IPO is responsible for IPO allotment. Please contact the registrar with any quires related to stock allocation or refund related problems. To understand the allocation of shares for L&T Technology Services Ltd IPO, check the 'basis of allotment' document.

L&T Technology IPO Allotment FAQs

The L&T Technology IPO allotment status will be available on Sep 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 Sep 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).

The L&T Technology IPO will open for bidding on Sep 12, 2016. The IPO application closes on Sep 15, 2016.