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L&T Infotech IPO Subscription Details (Live Status)

L&T Infotech IPO Details

Issue Open Jul 11, 2016
Issue Close Jul 13, 2016
IPO Price ₹710
Face Value ₹1
IPO Size ₹1,236.00 Cr
Listing At BSE, NSE
IPO 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)
QIB3,500,000248.50
NII2,625,000186.38
Retail6,125,000434.88
Total12,250,000869.75

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)

    Individual investors, NRIs, companies, trusts, etc who bid for more than Rs 2 lakhs are known as Non-institutional bidders or NII. They need not register with SEBI like QIIs.

  • Retail Individual Investors(RII)

    The retail individual investor or NRIs who apply up to Rs 2,00,000 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.

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