L&T Finance Holdings IPO (Initial Public Offering) : Settled at 1.71% discount on debut

by khalid on 14/08/2011 · 0 comments

L&T Finance Holdings Limited’s shares got debuted at Rs 51.00, a 1.76% discount over its initial public offering (IPO) price of Rs 52.00 on the Bombay Stock Exchange (BSE). At the end of the day, shares price was Rs 49.95 which is a discount of 3.71% over the issue price of Rs 52.00. The stock hit a high of Rs 52.50 and a low of Rs 49.50 on the listing day. A total of 44,321,154 shares changed hands on the BSE. 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.

Listing day Summary :-
Listing Date: 12th August 2011
BSE Scrip Code : 533519
NSE Symbol : L&TFH
Listing In : ‘B’ Group of Securities
ISIN : INE498L01015
Issue Price : Rs. 52.00 Per Equity Share
Face Value : Rs. 10.00 Per Equity Share

On the BSE:-
Issue Price: Rs. 52.00
Open : 51.00
High : 52.50
Low : 49.50
Close : 49.95
Last Trade : 49.95

L&T Finance Holdings Limited has raised Rs 1,245.00 crore through an initial public offering of 214,508,067 equity shares.

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

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