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Larsen & Toubro Infotech Ltd.

IPO Details · GMP · Subscription · Financials

✅ Listed NSE & BSE Mainboard Live Chart
Issue Price
₹710
Per Share
GMP
NIL
Grey Market
Est. Listing
₹710
Expected Price
Min. Application
₹28,400
2 lots × 20 shares
IPO Issue Details
Issue Price / Price Band₹710 per share (Fixed Price)
Face Value₹1 Per Share
Lot Size20 Shares per Lot
Total Issue Size1,75,00,000 shares (aggregating up to ₹1,236.38 Cr)
Issue TypeBookbuilding IPO
Sale Type / CategoryOffer For Sale
Exchange / PlatformNSE & BSE
IPO TypeMainboard
Subscription OpenMon, 11 Jul 2016
Subscription CloseWed, 13 Jul 2016
Anchor AllotmentSun, 10 Jul 2016
Basis of AllotmentTue, 19 Jul 2016
Initiation of RefundsWed, 20 Jul 2016
Credit of Shares to DematWed, 20 Jul 2016
Listing DateThu, 21 Jul 2016
UPI Mandate Deadline2016-07-13
Application & Investment Details
Retail — Min (1 Lots)₹14,200 — 20 shares
Retail — Max (13 Lots)₹184,600 (13 Lots)
HNI — Min (15 Lots)₹2,13,000 — 300 shares
Pre-IPO Promoter Holding16,98,43,538 shares
Post-IPO Promoter Holding16,98,43,538 shares
About Larsen & Toubro Infotech Ltd.

Incorporated in 1996, Larsen & Toubro Infotech, a subsidiary of Larsen & Toubro Ltd is Mumbai, India based IT Solutions & Services Company. Information in this paragraph is copied from chittorgarh.com. L&T Infotech is ranked 6th largest IT company in India in terms of export revenues and among top 20 IT service provider in the world.L&T Infotech offers an extensive range of IT services in diverse industries around the world. The services offered by L&T Infotech includes application development, maintenance and outsourcing, enterprise solutions, infrastructure management services, testing, digital solutions and platform-based solutions.L&T Infotech is promoted by Larsen & Toubro Limited, a leading Indian conglomerate in engineering, construction, manufacturing, finance and technology. Content in this paragraph is copied from chittorgarh.com. For L&T Infotech, the percentage of its revenue from North America, Europe, Asia Pacific and the rest of the world amounted to 68.6%, 17.9%, 2.4% and 6.9%, for Financial Year 2015.Competitive strengths of the company are as following:1. Strong domain focus enabling Business-to-IT Connect2. Strong parentage and brand equity of our Promoter3. Established long-term relationships with our clients4. Extensive portfolio of IT services and solutions5. Focus on emerging technologies6. Track record of established processes and executing large, end-to-end, mission critical projects7. Strong management culture8. Conducive work environment to attract and retain talent

Objects of the Issue (Standard — DRHP pending)

Larsen & Toubro Infotech Ltd. proposes to utilise the net proceeds from the Issue for the following objects:

1
Funding of Capital Expenditure Requirements
2
Working Capital Requirements
3
General Corporate Purposes
Detailed fund allocation will be available once the company files DRHP with SEBI.
Shareholding & Lock-in
Pre-IPO Promoter Holding 16,98,43,538 shares
Post-IPO Promoter Holding 16,98,43,538 shares
Check AllotmentCheck Status →
Larsen & Toubro Infotech Ltd. — Live Price LIVE
₹710.00
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Issue ₹710.00 Live Price
Quick Facts
GMP Signal ⚪ No GMP
StatusListed
Issue Price₹710
GMPNIL
Est. Listing₹710
Lot Size20 shares
Min Amount₹28,400
Listing Date21 Jul 2016
Disclaimer: GMP is unofficial and unregulated. It does not guarantee actual listing price.
Listing Performance
Issue Price₹710
Listing Date21 Jul 2016
Listing Price
Listing Gain/Loss—%
52-Week High
52-Week Low
Issue Structure & Reservation
Category Shares Offered % Issue Amount (₹ Cr)* Subscription
TOTAL 17,500,000 100.00% ₹1,242.50 Cr
* Based on ₹710.00 (upper price band)
Lot Size & Investment Details
Lot Size
20
Shares
Issue Price
₹710.00
Per Share
Min Investment
₹14,200
1 Lot
Category Lots Shares Amount (₹)
Retail (Min) 1 20 ₹14,200
Retail (Max) 13 260 ₹184,600
sNII (Min) 15 300 ₹213,000
bNII (Min) 71 1,420 ₹1,008,200
Company Financials — Restated Consolidated (Amount In Crore)
Particulars31-Mar-1631-Mar-1531-Mar-14
Revenue from Operations 5908.13 4833.18 4562.85
EBITDA N/A N/A N/A
Profit After Tax (PAT) 938.13 773.60 903.26
Net Worth N/A N/A N/A
Total Assets 3238.03 2906.87 2505.81
Reserves & Surplus N/A N/A N/A
Total Borrowings N/A N/A N/A
Key Ratios & Valuation
Issue Price ₹710
Face Value ₹1 Per Share
P/BV N/A
RoE N/A
RoCE N/A
RoNW 49.52%
PAT Margin (%) N/A
EBITDA Margin (%) N/A
Debt / Equity N/A
Company Details
Company
Larsen & Toubro Infotech Ltd.
Exchange
NSE & BSE
IPO Type
Mainboard IPO
Issue Type
Bookbuilding IPO
Face Value
₹1 Per Share
Script Code
N/A
Address
L&T House, Ballard Estate, Mumbai 400 001 Mumbai, Maharashtra
Book Running Lead Managers
Citigroup Global Markets India Pvt.Ltd.
Book Running Lead Manager (BRLM)
ICICI Securities Ltd.
Book Running Lead Manager (BRLM)
Kotak Mahindra Capital Co.Ltd.
Book Running Lead Manager (BRLM)