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L&T Infotech IPO Subscription Details (Live Status)

L&T Infotech IPO Details

IPO Open Jul 11, 2016
IPO Close Jul 13, 2016
IPO Price ₹710
Face Value ₹1
IPO Size ₹1,236.00 Cr
Listing At BSE, NSE
Lot Size 20
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L&T Infotech IPO Subscription Status Live

L&T Infotech IPO subscribed 11.69 times. The public issue subscribed 7.39 times in the retail category, 19.91 times in QIB, and 10.76 times in the NII category by Jul 13, 2016.

Investor CategorySubscription (times)
Qualified Institutions19.91
Non-Institutional Buyers10.76
Retail Investors7.39
Employees[.]
Others[.]
Total11.69

L&T Infotech IPO Subscription Details (times)

DateQIBNIIRetailTotal
Day 1
Jul 11, 2016
1.760.191.381.23
Day 2
Jul 12, 2016
5.380.633.813.58
Day 3
Jul 13, 2016
19.9110.767.3911.69

L&T Infotech IPO Shares Offered

L&T Infotech IPO is a public issue of 12,250,000 equity shares. The issue offers 6,125,000 shares to retail investors, 3,500,000 shares to qualified institutional buyers, and 2,625,000 shares to non-institutional investors.

CategoryShares OfferedAmount (Rs Cr) Size (%)
QIB3,500,000248.5028.57%
NII2,625,000186.3821.43%
Retail6,125,000434.8850.00%
Total12,250,000869.75100%

IPO Investor Categories

  • Qualified Institutional Buyers (QIB)

    Financial Institutions, Banks, FIIs, and Mutual Funds registered with SEBI are called QIBs. In most cases, QIBs represent small investors who invest through mutual funds, ULIP schemes of insurance companies, and pension schemes.

  • Non-Institutional Investors(NII)

    Retail Individual Investors (HNI), NRIs, Companies, Trusts, etc who bid for shares worth more than Rs 2 lakhs are known as Non-institutional bidders (NII). Unlike QIB bidders, they do not need SEBI registration.

    NII category has two subcategories:

    1. sNII (bids below Rs 10L)

      The Small NII category is for NII investors who bid for shares between Rs 2 lakhs to Rs 10 lakhs. The 1/3 of NII category shares are reserved for the Small NII sub-category. This subcategory is also known as Small HNI (sHNI).

    2. bNII (bids above Rs 10L)

      The Big NII category is for NII investors who bid for shares worth more than Rs 10 Lakhs. The 2/3 of NII category shares are reserved for the Big NII subcategory. This subcategory is also known as Big HNI (bHNI).

  • Retail Individual Investors(RII)

    The retail individual investor or NRIs who apply up to Rs 2 lakhs in an IPO are considered as RII reserved category.

  • Employee (EMP)

    A category of eligible employees who have a reserved quota in the IPO.

  • Others

    A category of eligible shareholders or other investors who have a reserved quota in the IPO.

What is the difference between RII, NII, QIB and Anchor Investor?

Disclaimer: The subscription data is taken from the NSE and BSE websites. They are subject to change on a real-time basis. The subscription data provided are for information purposes only and provided by Chittorgarh.com on an 'AS IS' and 'AS AVAILABLE' basis and without warranty, express or implied. Our website does not guarantee or warrant the accuracy, adequacy, or completeness of the information received through the said websites. Chittorgarh.com holds no responsibility of any kind as regards any discrepancies, errors, omissions, losses, or damages. Chittorgarh.com including its affiliates and any of its directors, and employees, shall not be liable for any loss, or damage of any nature, including but not limited to direct, indirect, punitive, special, exemplary, consequential, as also any loss of profit in any way arising from the use of data received. The recipient alone shall be fully responsible / are liable for any decision taken based on such information/data. All recipients should before acting upon the said information make their investigation, and seek appropriate professional advice.

L&T Infotech IPO Subscription FAQs

The L&T Infotech IPO is subscribed 11.69 by Jul 13, 2016.

L&T Infotech IPO Subscription

Investor CategorySubscription (times)
Qualified Institutional19.91
Non Institutional10.76
Retail Individual7.39
Employee Reservations[.]
Others[.]
Total Subscription11.69

Retail category of L&T Infotech IPO subscribed 7.39 times as of date Jul 13, 2016. The public issue closes on Jul 13, 2016 for bidding.

An investor can apply in L&T Infotech IPO online via bank (using ASBA) or the broker (using UPI). The L&T Infotech IPO shares are offered online only.

The L&T Infotech IPO is subscribed 11.69 by Jul 13, 2016.

The L&T Infotech IPO allotment status is expected on or around . Visit L&T Infotech IPO allotment status to check.

The L&T Infotech IPO listing date is Thursday, July 21, 2016. The equity share of L&T Infotech Ltd will list on BSE, NSE.

Visit L&T Infotech IPO subscription status page for real-time bidding information about L&T Infotech IPO.

L&T Infotech IPO Timetable

IPO Opens OnJul 11, 2016
IPO Closes OnJul 13, 2016
Finalisation of Basis of Allotment
Initiation of Refunds
Credit of Shares to Demat Account
IPO Listing Date