Exchanges
BSE, NSE
Issue
Book building

L&T Technology Services IPO

₹869.00

+1.05% on listing

Listing-day close · NSE · 23 Sep 2016 · issue price ₹860

L&T Technology Services’ ₹894 crore IPO was priced at ₹860 a share. It listed on the NSE on 23 Sep 2016 and closed its first day at ₹869.00, up 1.05% on the issue price.

Timeline

  1. Opens
  2. Closes
  3. Allotment
  4. Refunds
  5. Shares in demat
  6. Listing

Issue details

Issue size
₹894 Cr
Fresh issue
—
Offer for sale
₹894 Cr
Lot size
16 shares
Minimum investment
₹13,760
Face value
₹2
Registrar
Kfin Technologies

Subscription

L&T Technology Services IPO subscription by investor category
CategoryShares offeredTimes subscribed
Total—1.97×

Overall, from the basis of allotment.

Financials and valuation

Market cap (post-issue)
₹8,745 Cr
Promoter holding
100.00% → 89.77%

From the offer documents.

Listing

Listing date
23 Sep 2016
Issue price
₹860
Open
₹920.00
High
₹931.45
Low
₹860.10
Close
₹869.00

Listing day on the NSE. The close was +1.05% on the issue price.

LTTS share price today

FAQs

When did the L&T Technology Services IPO open and close?

It opened on 12 Sep 2016 and closed on 15 Sep 2016.

What was the L&T Technology Services IPO price?

The price band was ₹850–860 a share. The final issue price was ₹860.

What is the lot size and minimum investment?

One lot is 16 shares, ₹13,760 at ₹860 a share. Retail investors apply in whole lots.

How much did L&T Technology Services raise?

₹894 crore: ₹894 crore offered by existing shareholders.

How many times was the L&T Technology Services IPO subscribed?

1.97 times overall.

How did L&T Technology Services list?

It listed on the NSE on 23 Sep 2016 at ₹920.00 and closed the day at ₹869.00, up 1.05% on the ₹860 issue price.

Who is the registrar of the L&T Technology Services IPO?

Kfin Technologies handles the allotment, refunds and credit of shares.

For information only. Not investment advice or a research report.

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