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July 27, 2011 - July 29, 2011

L&T Finance IPO FAQ

L&T Finance IPO Date & Price

The L&T Finance IPO opens on July 27, 2011 and closes on July 29, 2011.

Sorry the L&T Finance IPO timelines are not available at this time.

L&T Finance IPO price is set at ₹52 per equity share.

L&T Finance IPO will close for subscription at 5 PM on July 29, 2011. But most brokers stop accepting application between 1 PM to 3 PM.

The L&T Finance IPO starts on July 27, 2011. The issue ends on July 29, 2011.

L&T Finance IPO Issue Size and Subscription Status

The L&T Finance IPO size is Equity Shares of ₹10 aggregating up to ₹1,245.00 Cr.

L&T Finance Holdings Limited is selling its shares to the public through an Initial Public Offer (IPO). Retail investors can apply online for L&T Finance IPO shares through the banks (using ASBA) or through the broker (using UPI).

L&T Finance IPO Offer Size

Qualified Institutional Buyers (QIB)75,382,416 Shares
Non-Institutional Investors (NII)31,617,647 Shares
Retail Individual Investor (RII)73,774,510 Shares
Employee Reservations10,204,082 Shares
Other Reservations23,529,412 Shares
Total Issue Size214,508,067 Shares

L&T Finance IPO IPO Subscription Status

Qualified Institutional Buyers (QIB)1.93 times times
Non-Institutional Investors (NII)6.18 times times
Retail Individual Investor (RII)9.61 times times
Employee Reservations1.53 times times
Other Reservations times
Total Issue Size5.34 times times

Click here to check the L&T Finance IPO live subscription status.

If you have a demat account, most banks offer the online IPO application. You could also contact your broker to apply in L&T Finance IPO.

Zerodha, the largest stockbroker in India, offers an online IPO application. You can apply for an IPO online with Zerodha by visiting https://zerodha.com/ipo

You could check L&T Finance IPO Grey Market Premium (GMP Rate) by visiting our IPO Grey Market Price (Message Board). Note that there is no official source of GMP Rate as it's a black market.

L&T Finance IPO Allotment and Listing

The tentative date for L&T Finance IPO allotment status is not available at this time. You can check the L&T Finance IPO Allotment Status as soon as it is available.

Click here to check L&T Finance IPO Allotment Status.

L&T Finance IPO listing Date is August 12, 2011. The regular trading starts at 10 AM on listing day.BSE and NSE allow a pre-open trading on listing day. This 45 minutes session starts at 9 AM and ends at 9:45 AM. This session allows buyers and sellers to place/ modify /cancel orders. The next 15 minutes are for price discovery and processing orders placed in the pre-open trading session. The L&T Finance IPO listing date and time is published by the exchange in a circular.

Click here to view the L&T Finance IPO Basis of Allotment.

It is hard to say at what price L&T Finance IPO Shares will list. The price varies by the demand and supply of IPO shares on the day of listing.

The L&T Finance IPO shares will list on August 12, 2011 at BSE, NSE.

L&T Finance IPO - Should I apply?

Visit our IPO Analysis and Recommendations page to view IPO Notes from experts.

Sorry, we do not provide IPO recommendations. But we share a lot of information about L&T Finance IPO which could help you with questions like L&T Finance IPO buy or not? You should also read L&T Finance IPO Analysis from experts and check the daily subscription status.

It actually depends on many factors. This includes company financials, segment outlook, market situation, issue pricing, the background of promoters, lead managers performance, company strengths, risks and oversubscription. You should read the prospectus document, IPO Analysis from experts and follow the subscriptions.

L&T Finance IPO listing day gains are highly unpredictable as depends on many factors on the day listing. It depends on factors like the demand (IPO oversubscription), the market situation on the day of listing, Issue size etc.

Visit our IPO Performance Tracker to check the L&T Finance IPO performance. The performance reports are available 1 day after listing.