Larsen & Toubro Infotech Limited IPO
Larsen & Toubro Infotech Limited was a mainboard IPO, offered at ₹705–₹710 per share to raise ₹1,242 crore. The issue was subscribed 11.69× overall (QIBs 19.91×, NIIs 10.76×, retail 7.39×). It listed on 21 Jul 2016 at ₹667 and closed its first day at ₹698, a listing loss of -1.8% versus the ₹710 issue price. It now trades around ₹4,234 (+496.3% versus the issue price).
Frequently asked questions
- How many times was the Larsen & Toubro Infotech Limited IPO subscribed?
- The Larsen & Toubro Infotech Limited IPO was subscribed 11.69× overall — 19.91× in the QIB category, 10.76× among non-institutional investors, 7.39× in retail.
- What were the Larsen & Toubro Infotech Limited IPO listing gains?
- Larsen & Toubro Infotech Limited listed on 21 Jul 2016 at ₹667, closing its first day at ₹698 — a listing loss of -1.8% versus the ₹710 issue price.
- What were the retail allotment odds for the Larsen & Toubro Infotech Limited IPO?
- Retail was subscribed 7.39×, so a single-lot application had roughly a 13.5% chance of allotment (about 1 in 7), and allotment was finalised on 15 Jul 2016.
- What was the price band and lot size of the Larsen & Toubro Infotech Limited IPO?
- The price band was ₹705–₹710 per share, with a minimum lot of 20 shares (₹14,200 at the upper band).
- Who were the registrar and lead manager for the Larsen & Toubro Infotech Limited IPO?
- Link Intime India Private Limited was the registrar to the issue.