L&T Infotech Ltd IPO (L&T Infotech IPO) Detail

lt infotech ipo

L&T infotech (Larsen & Toubro InfoTech) Incorporated in 1997, L&T infotech (Larsen & Toubro InfoTech), a subsidiary of Larsen & Toubro is one of the global IT solutions & services company based in Mumbai. L&T infotech (Larsen & Toubro InfoTech) offers their IT services in diverse industries such as banking and financial services, insurance, energy and process, consumer packaged goods, retail and pharmaceuticals, media and entertainment, hi-tech and consumer electronics and automotive and aerospace.

L&T infotech (Larsen & Toubro InfoTech) provides range of services includes application development, maintenance and outsourcing, enterprise solutions, infrastructure management services, testing, digital solutions and platform-based solutions.

L&T infotech (Larsen & Toubro InfoTech) is amongst the top 20 IT service providers globally in 2015 according to the Everest Group's PEAK Matrix for IT service providers. Their clients comprise some of the world's largest and well-known organizations, including 43 of the Fortune Global 500 companies.

Company Promoters:

The promoters of the company are:

1. Larsen & Toubro Ltd

Objects of the Issue:

The objects of the offer are:

1. To achieve the benefits of listing the Equity Shares on the Stock Exchanges; and
2. To carry out the sale of up to 17,500,000 Equity Shares by the Selling Shareholder.

Issue Detail:

  »» Issue Open: Jul 11, 2016 – Jul 13, 2016
  »» Issue Type: Book Built Issue IPO
  »» Issue Size: [.] Equity Shares of Rs 1 aggregating up to Rs 1,400.00 Cr
  »» Face Value: Rs 1 per Equity Share
  »» Issue Price: Rs. 778 – Rs. 800 per Equity Share
  »» Market Lot: 18 Shares
  »» Minimum Order Quantity: 18 Shares
  »» Listing At: BSE, NSE

Note : Discount for Retail Investor is 10 RS.

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