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Open
12 Sep 2016
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Close
15 Sep 2016
3
Allotment
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Listing
Fri, Sep 23, 2016
Price Band
₹850 to ₹860
Issue Size
1,04,00,000 shares (agg. up to ₹894 Cr)
Lot Size
16 Shares
Listing Date
Fri, Sep 23, 2016
✦ AI Insight
Live Subscription
| Category | Subscription (times) |
|---|---|
| Total | 1.97x |
Objects of the Issue
| # | Issue Objects | Est Amt (₹ Cr.) |
|---|---|---|
| 1 | To achieve the benefits of listing the Equity Shares on the Stock Exchanges and to carry out thesale of 10,400,000Equity Shares by the Selling Shareholder |
About L&T Technology IPO
Incorporated in 2012, L&T Technology Services Ltd is Mumbai India based third-party ER&D (Engineering, Research and Development) service provider . L&T Tech provide services to manufacturing, technology and process engineering companies to help them develop and build products, processes and infrastructure required to deliver products and services to their end customers. Information in this paragraph is provided by chittorgarh.com, India's No. 1 IPO Investment Portal.L&T Tech derive 80.2% of its revenues from customers in North America and Europe. The majority of its work is executed by employees based out of delivery centers in India using an offshore delivery model. This gives L&T Tech a competitive advantage in terms of talent pool availability and lower costs compared to it US and European competitors. Company have 12 global delivery centers in India and overseas, 27 sales offices in India, North America, Europe, the Middle East and Asia and 31 labs in India. Company have 8,000 engineers serving over 200 customers.L&T Tech operate in five industry segments; transportation, industrial products, telecom and hi-tech, process industry and medical devices. Company offer design and de
Contact Details
L&T Technology Services Ltd. AddressL&T HouseN.M.Marg, Ballard EstateMumbai, Maharashtra, 400001+91 22 6752 5656investor@LntTechservices.comVisit Website