L&T Technology IPO Review – L&T Tech Services Allotment Status, Listing Date, Price
Update Day 3 - Oversubscribed 2.48 times . QIB 5 times , NII 1.03 times, Retail 1.8 times
Update 13-Sep-2016 (Day 2) - Subscribed only 71% on the day 2
Update 12-Sep-2016 (Day 1) - Subscribed only 18% on the day 1 - QIB 28%, NII 2%, Retail 19%
L&T Technology Services is coming with IPO issue on 12th Sep.
Issue Details
Issue Open: Sep 12, 2016 - Sep 15, 2016
Issue Price: Rs. 850 - Rs. 860 Per Equity Share
Issue Size: Offer for Sale of 10,400,000 Equity Shares of Rs 2 aggregating up to [.] Cr
Face Value: Rs 2 Per Equity Share
Minimum Order Quantity / Market Lot: 16 Shares
Background
L&T Technology Services Ltd is third-party ER&D (Engineering, Research and Development) service provider . L&T Tech provide services to manufacturing, technology and process e...