IPO Price History
Closed
L&T Technology Services Limited logo

L&T Technology Services Limited IPO

Mainboard IPOListedLTTSNSE
Current Market Price (CMP)
₹3,910.30(+354.69%)
Current Price (CMP)
₹3,910.30(+354.69%)

Live Market Quote

Listing Price & Gain
₹920(+6.98%)

Day 1 Exchange Open

IPO Issue Price
₹860

Band: ₹850 - ₹860

Total Subscription
2.53x

Overall Bid Demand

Total Issue Size
—

Gross Public Offer

IPO Schedule & Key Dates

IPO Bidding Opens
12 Sept 2016
IPO Bidding Closes
15 Sept 2016
Allotment & Refunds
Completed
Exchange Listing Day
23 Sept 2016

IPO Subscription Status

Breakdown of institutional, high-net-worth, and retail bidding demand

Overall Demand: 2.53x
Investor CategorySubscriptionDemand Scale
Qualified Institutional Buyers (QIB)5.01x
Non-Institutional Investors (NII / HNI)1.03x
Retail Individual Investors (RII)1.75x
Total Subscription2.53x
Updated as on 15 Sep 2016 at 2130 hrs

Listing Day & Return Performance

Listing Day Gain+6.98%
₹860 (Issue) → ₹920 (List)
Per share profit: +₹60.00
Holding Return (Till Date)+354.69%
₹860 (Issue) → ₹3,910.30 (CMP)
Net gain per share: +₹3050.30
Post-Listing Performance (Listing Day → Today):+325.03%

About L&T Technology Services Limited IPO

L&T Technology Services Limited is an Indian public offering categorized under the Mainboard segment. The public issue opened for bidding on 12 Sept 2016 and concluded on 15 Sept 2016, offering equity shares to institutional, non-institutional, and retail investors with an indicative price band of ₹850 - ₹860.

During the bidding window, L&T Technology Services Limited recorded an overall subscription of 2.53 times. Institutional investors (QIB) subscribed 5.01x, non-institutional high-net-worth investors (NII) subscribed 1.03x, and retail individual investors (RII) bid 1.75x their reserved quota.

The equity shares of L&T Technology Services Limited officially debuted on the stock exchanges on 23 Sept 2016 at an opening listing price of ₹920, delivering a listing day return of +6.98% (premium) over the final issue price. As per the latest market data, the stock trades at ₹3,910.30, representing an overall gain of +354.69% since its IPO allotment.

Frequently Asked Questions

What was the issue price or price band of L&T Technology Services Limited IPO?
The issue price of L&T Technology Services Limited IPO was fixed at ₹860 per equity share. The indicative bidding price band was ₹850 - ₹860.
What were the open, close, and listing dates for L&T Technology Services Limited IPO?
L&T Technology Services Limited IPO opened on 12 Sept 2016, closed on 15 Sept 2016, listed on 23 Sept 2016.
How much was L&T Technology Services Limited IPO subscribed?
The IPO received an overall subscription of 2.53 times. Category-wise, QIBs subscribed 5.01x, NIIs subscribed 1.03x, and Retail investors subscribed 1.75x.
What was the listing price and listing gain of L&T Technology Services Limited IPO?
L&T Technology Services Limited IPO listed on the stock exchange at ₹920, delivering a listing gain of 6.98% compared to the IPO issue price of ₹860.
Is L&T Technology Services Limited IPO a Mainboard or SME IPO?
L&T Technology Services Limited IPO is a Mainboard IPO listed on the main exchange of NSE.
What is the current return of L&T Technology Services Limited IPO since its IPO?
At the latest market quote of ₹3,910.30, L&T Technology Services Limited IPO has generated an all-time return of +354.69% since its initial public offering.

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