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July 11, 2016 - July 13, 2016

L&T Infotech IPO Latest News Today

Track all the latest updates and news of L&T Infotech IPO.

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L&T Infotech IPO Alerts

1. L&T Infotech Ltd IPO - Listing  Wednesday, July 20, 2016 6:35:37 AM

L&T Infotech IPO Listing Date & Information

� Listing Date: Thursday, July 21, 2016
� BSE Script Code: 540005
� NSE Symbol: LTI
� Listing In: B Group of Securities
� ISIN: INE214T01019
� Issue Price: Rs. 710.00 Per Equity Share
� Face Value: Rs. 1.00 Per Equity Share

2. Allotment Status - L&T Infotech IPO  Tuesday, July 19, 2016 7:38:19 AM

L&T Infotech Ltd IPO allotment status is now available online.

Larsen & Toubro Infotech, a subsidiary of Larsen & Toubro Ltd is Mumbai, India based IT Solutions & Services Company. The services offered by L&T Infotech includes application development, maintenance and outsourcing, enterprise solutions, infrastructure management services, testing, digital solutions and platform-based solutions.

The Initial Public Offer of L&T Infotech subscribed 11.69 times (7.39 times in retail). Public Issue of L&T was closed for subscription on Jul 13, 2016.

L&T Infotech IPO listing date will be available soon.

3. L&T Infotech IPO Final Subscription  Wednesday, July 13, 2016 3:54:52 PM

L&T Infotech IPO Final Subscription Detail (BSE+NSE):

LARSEN &TOUBRO INFOTECH LIMITED
Sr.No. Category No.of shares offered/reserved No. of shares bid for No. of times of total meant for the category
1 Qualified Institutional Buyers (QIBs) 3500000 69668000 19.91
1(a) Foreign Institutional Investors(FIIs)   25288960  
1(b) Domestic Financial Institutions(Banks/ Financial Institutions(FIs)/ Insurance Companies)   34264220  
1(c) Mutual funds   8886520  
1(d) Others   1228300  
2 Non Institutional Investors 2625000 28233260 10.76
2(a) Corporates   14517720  
2(b) Individuals(Other than RIIs)   12341460  
2(c) Others   1374080  
3 Retail Individual Investors(RIIs) 6125000 45290220 7.39
3(a) Cut Off   39215300  
3(b) Price bids   6074920  
  Total 12250000 143191480 11.69
Updated as on 13 July 2016 at 2230 hrs

4. L&T Infotech Ltd IPO Day 2 Subscription Detail  Tuesday, July 12, 2016 12:36:31 PM

L&T Infotech IPO Day 2 Subscription Detail (BSE+NSE):

LARSEN &TURBO INFOTECH LIMITED
Sr.No. Category No.of shares offered/reserved No. of shares bid for No. of times of total meant for the category
1 Qualified Institutional Buyers (QIBs) 3500000 18830660 5.38
1(a) Foreign Institutional Investors(FIIs)   5567360  
1(b) Domestic Financial Institutions(Banks/ Financial Institutions(FIs)/ Insurance Companies)   10677120  
1(c) Mutual funds   2579800  
1(d) Others   6380  
2 Non Institutional Investors 2625000 1654840 0.63
2(a) Corporates   316660  
2(b) Individuals(Other than RIIs)   1324240  
2(c) Others   13940  
3 Retail Individual Investors(RIIs) 6125000 23319600 3.81
3(a) Cut Off   19940260  
3(b) Price bids   3379340  
  Total 12250000 43805100 3.58
Updated as on 12 JuLY 2016 at 1700 hrs

5. Day 1 Subscription - L&T Infotech IPO  Monday, July 11, 2016 10:46:04 AM

L&T Infotech IPO Day 1 Subscription Detail (BSE+NSE):

LARSEN &TURBO INFOTECH LIMITED
Sr.No. Category No.of shares offered/reserved No. of shares bid for No. of times of total meant for the category
1 Qualified Institutional Buyers (QIBs) 3500000 6170520 1.76
1(a) Foreign Institutional Investors(FIIs)   5042360  
1(b) Domestic Financial Institutions(Banks/ Financial Institutions(FIs)/ Insurance Companies)   1126760  
1(c) Mutual funds   0  
1(d) Others   1400  
2 Non Institutional Investors 2625000 504020 0.19
2(a) Corporates   48600  
2(b) Individuals(Other than RIIs)   450900  
2(c) Others   4520  
3 Retail Individual Investors(RIIs) 6125000 8447560 1.38
3(a) Cut Off   7184800  
3(b) Price bids   1262760  
  Total 12250000 15122100 1.23
Updated as on 11 JuLY 2016 at 1700 hrs

6. L&T Infotech Ltd IPO - Open  Thursday, June 30, 2016 7:36:05 AM

L&T Infotech Ltd is entering in the capital markets with an initial public offering (IPO) to carry out the sale of up to 17,500,000 equity shares by the selling shareholder (L&T Limited). The price band for the issue has been fixed at Rs 705 at lower level and Rs 710 at upper level. L&T Infotech offers discount of Rs 10 to all eligible retail individual bidders.

Incorporated in 1996, Larsen & Toubro Infotech, a subsidiary of Larsen & Toubro Ltd is Mumbai, India based IT Solutions & Services Company. L&T Infotech is ranked 6th largest IT company in India in terms of export revenues and among top 20 IT service provider in the world.

The issue opens on Jul 11, 2016 and closes for subscription on Jul 13, 2016. The equity shares of the issue are proposed to be list on the Bombay Stock Exchange (BSE) and National Stock Exchange (NSE).

7. L&T Infotech Ltd IPO - Close  Wednesday, June 29, 2016 10:28:25 AM

L&T Infotech Ltd IPO to open on Jul 11, 2016 and close for subscription on Jul 13, 2016. Company is coming with IPO to sell 17,500,000 equity shares by the promoter of the company. The equity shares of the company to be list at BSE and NSE.

L&T Infotech IPO News & Events FAQs

The L&T Infotech IPO is proposed to open on July 11, 2016. The IPO application ends on July 13, 2016.

Retail investors can apply in the retail or non-institutional investor category from July 11, 2016 to July 13, 2016. The L&T Infotech IPO can be applied online through Net Bank (ASBA method) or the stock broker (UPI method).

The L&T Infotech IPO will open for subscription on July 11, 2016. The public issue will close on July 13, 2016.