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September 12, 2016 - September 15, 2016

L&T Technology IPO FAQ

L&T Technology IPO Date & Price

The L&T Technology IPO opens on September 12, 2016 and closes on September 15, 2016.

L&T Technology IPO timetable / schedule is as below:
  • Bid/Offer Opens On: September 12, 2016
  • Bid/Offer Closes On: September 15, 2016
  • Finalization of Basis of Allotment: September 20, 2016
  • Initiation of refunds: September 21, 2016
  • Credit of Equity Shares: September 22, 2016
  • Listing Date: September 23, 2016

L&T Technology IPO price is set at ₹860 per equity share.

L&T Technology IPO will close for subscription at 5 PM on September 15, 2016. But most brokers stop accepting application between 1 PM to 3 PM.

The L&T Technology IPO starts on September 12, 2016. The issue ends on September 15, 2016.

L&T Technology IPO Issue Size and Subscription Status

The L&T Technology IPO size is 10400000 Equity Shares of ₹2 aggregating up to ₹894.40 Cr.

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

L&T Technology IPO Offer Size

Qualified Institutional Buyers (QIB)2,080,000 Shares
Non-Institutional Investors (NII)1,560,000 Shares
Retail Individual Investor (RII)3,640,000 Shares
Employee Reservations0 Shares
Other Reservations0 Shares
Total Issue Size7,280,000 Shares

L&T Technology IPO IPO Subscription Status

Qualified Institutional Buyers (QIB)5.01 times times
Non-Institutional Investors (NII)1.03 times times
Retail Individual Investor (RII)1.74 times times
Employee Reservations times
Other Reservations times
Total Issue Size2.52 times times

Click here to check the L&T Technology 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 Technology IPO.

Zerodha, the largest stockbroker in India, offers an online IPO application. You can apply for an IPO online with Zerodha by visiting

You could check L&T Technology 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 Technology IPO Allotment and Listing

The L&T Technology IPO allot status will be available online on September 20, 2016. Check the L&T Technology IPO Allotment Status here.

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

L&T Technology IPO listing Date is September 23, 2016. 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 Technology IPO listing date and time is published by the exchange in a circular.

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

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

The L&T Technology IPO shares will list on September 23, 2016 at BSE, NSE.

L&T Technology 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 Technology IPO which could help you with questions like L&T Technology IPO buy or not? You should also read L&T Technology 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 Technology 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 Technology IPO performance. The performance reports are available 1 day after listing.