Larsen & Toubro Infotech Limited
11 Jul 2016 – 13 Jul 2016
LISTED
Offer Price
₹705–710
Bid lot
20
Min Application
₹14,200
Issue Size
₹1,243 Cr
Key dates
Open date
11 Jul 2016
Done
Close date
13 Jul 2016
Done
Basis of allotment
—
TBA
Initiation of refunds
—
TBA
Credit to demat
—
TBA
Listing date
21 Jul 2016
Today
Issue reservation
₹1,243 CrQIB 50%Retail 35%
QIB
87.5 L sh · ₹621.50 Cr
Retail
61.3 L sh · ₹435.05 Cr
BRLM: Axis Capital · Nuvama · JM Financial
Lot ladder — how much to bid
1 lot = 20 sharesRetail · Up to ₹2 L1–14 lots
Min · 1 lot
20 sh · ₹14,200
Max · 14 lots
280 sh · ₹1,98,800
S-HNI · ₹2 L to ₹10 L15–70 lots
Min · 15 lots
300 sh · ₹2,13,000
Max · 70 lots
1,400 sh · ₹9,94,000
B-HNI · Above ₹10 L71+ lots
Min · 71 lots
1,420 sh · ₹10,08,200
Entry point
₹10,08,200 onward
Issue details
Lead managersAxis Capital, Nuvama, JM Financial
Face value₹10
Listing onNSE
RegistrarLink Intime India Private Limited
Live subscription
14.75×
0×1×2×3×+
Oversubscribed
Book₹1,057 Cr
Subscribed₹15,589 Cr
Applications—
Share-wise
by category| Category | Book Size | Subscription | No. of Times |
|---|---|---|---|
| QIB | 87,53,521₹621.50 Cr | 17,42,82,603₹12,374 Cr | 19.91× |
| HNI | 26,26,056₹186.45 Cr | 2,82,56,366₹2,006 Cr | 10.76× |
| Retail | 61,27,465₹435.05 Cr | 4,52,81,964₹3,215 Cr | 7.39× |
| Total | 1,48,80,986₹1,057 Cr | 21,95,64,567₹15,589 Cr | 14.75× |
*QIB Book Size is Gross — the anchor allocation is not on this record yet.
Subscription Demand
in ₹ crore| Category | Applied |
|---|---|
| QIB | 12,374.06 |
| HNI | 2,006.20 |
| Retail | 3,215.02 |
| Total | 15,589.08 |
Amounts at the upper band (₹710). Times figures are computed from the shares this page shows so Book × Times = Subscribed always cross-checks.
Grey-market sentiment
No grey-market data yet.
Documents
RHPOpen ↗
Filed with SEBI / the exchange by the issuer. Opens on the issuer's or the regulator's site.
How to apply
1Create your account & log inSign up on Investoyard and complete a quick KYC.
2Pick the IPO & tap ApplyOpen the live IPO and choose your investor category.
3Enter bid & quantityUp to 3 bids · cut-off or price band · retail cap ₹2,00,000.
4Approve the UPI mandateYou receive a fund-block request on your UPI app.
5DoneFunds stay blocked until allotment, then auto-debited (or released).
Frequently asked questions
What is the minimum investment in the Larsen & Toubro Infotech Limited IPO?
One lot of 20 shares — ₹14,200 at the upper price band of ₹710.
How many bids can I place?
Up to 3 bids per application. Retail applications are capped at ₹2,00,000; above that you must apply in the HNI category.
When are the funds debited?
Funds are blocked via a UPI mandate at application and debited only on allotment. If shares are not allotted, the block is released automatically.
When will the shares list?
Tentative listing on 2016-07-21 on NSE.