L&T Finance Holdings IPO (Initial Public Offering) : Allotment Staus Available Online

by khalid on 10/08/2011 · 0 comments

L&T Finance Holdings Limited has entered into primary market with an initial public offering (IPO) of 214,508,067 Equity Shares of Rs 10 each. The IPO was open on 27th July 2011 and got closed for subscription on 29th July 2011. The premium of the issue will be decided through a 100% Book Building Process. The company is likely to raise around Rs 1,245.00 Crore through the issue at the upper level of price band. L&T Finance Holdings is a financial holding company offering a diverse range of financial products and services across the corporate, retail and infrastructure finance sectors, as well as mutual fund products and investment management services.

Details of different category subscription is as follows……

Total Issue Size : Rs. 1,245.00 Crore
Qualified Institutional Buyers (QIBs) : 1.93 times
Non Institutional Investors : 6.18 times
Retail Individual Investors : 9.61 times
Employee Reservations : 1.53 times
Overall : 5.34 times

Allotment Status of L&T Finance Holdings IPO is available at this time. IPO share allotment process usually takes two weeks from the date of issue closing date. It is available in the following link :-
My allotment status

Stay tuned to BelltheBull Blog for more on L&T Finance Holdings IPO !

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