Larsen & Toubro Infotech Limited IPO

Mainboard IPOListedLTINSE

Current Market Price (CMP)

₹710

Current Price (CMP)

₹710

Live Market Quote

Listing Price & Gain

Awaiting Listing

Day 1 Exchange Open

IPO Issue Price

₹710

Band: ₹705 - ₹710

Total Subscription

11.69x

Overall Bid Demand

Total Issue Size

—

Gross Public Offer

IPO Schedule & Key Dates

IPO Bidding Opens

11 Jul 2016

IPO Bidding Closes

13 Jul 2016

Allotment & Refunds

Completed

Exchange Listing Day

21 Jul 2016

IPO Subscription Status

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

Overall Demand: 11.69x

Investor Category	Subscription	Shares Offered	Shares Bid
Qualified Institutional Buyers (QIB)	19.91x	35,00,000	6,96,68,000
Non-Institutional Investors (NII / HNI)	10.76x	26,25,000	2,82,33,260
Retail Individual Investors (RII)	7.39x	61,25,000	4,52,90,220
Total Subscription	11.69x	1,22,50,000	14,31,91,480

Updated as on 13 July 2016 at 2230 hrs

Listing Day & Return Performance

Listing Day Gain—

₹710 (Issue) → — (List)

Holding Return (Till Date)—

₹710 (Issue) → ₹710 (CMP)

Net gain per share: +₹0.00

Post-Listing Performance (Listing Day → Today):—

About Larsen & Toubro Infotech Limited IPO

Larsen & Toubro Infotech Limited is an Indian public offering categorized under the Mainboard segment. The public issue opened for bidding on 11 Jul 2016 and concluded on 13 Jul 2016, offering equity shares to institutional, non-institutional, and retail investors with an indicative price band of ₹705 - ₹710.

During the bidding window, Larsen & Toubro Infotech Limited witnessed heavy demand with an overall subscription of 11.69 times. Institutional investors (QIB) subscribed 19.91x, non-institutional high-net-worth investors (NII) subscribed 10.76x, and retail individual investors (RII) bid 7.39x their reserved quota.

Larsen & Toubro Infotech Limited IPO is upcoming. Stay tuned for official announcements regarding the bidding schedule, anchor investor allotment, and formal listing dates on NSE.

Frequently Asked Questions

What was the issue price or price band of Larsen & Toubro Infotech Limited IPO?

The issue price of Larsen & Toubro Infotech Limited IPO was fixed at ₹710 per equity share. The indicative bidding price band was ₹705 - ₹710.

What were the open, close, and listing dates for Larsen & Toubro Infotech Limited IPO?

Larsen & Toubro Infotech Limited IPO opened on 11 Jul 2016, closed on 13 Jul 2016, listed on 21 Jul 2016.

How much was Larsen & Toubro Infotech Limited IPO subscribed?

The IPO received an overall subscription of 11.69 times. Category-wise, QIBs subscribed 19.91x, NIIs subscribed 10.76x, and Retail investors subscribed 7.39x.

Is Larsen & Toubro Infotech Limited IPO a Mainboard or SME IPO?

Larsen & Toubro Infotech Limited IPO is a Mainboard IPO listed on the main exchange of NSE.