What is the price band of the Larsen & Toubro Infotech IPO?

The price band is ₹705–710 per share, and the final issue price is ₹710.

What is the lot size of the Larsen & Toubro Infotech IPO?

The lot size has not been published yet.

When is the Larsen & Toubro Infotech IPO listing date?

The shares listed on 21 July 2016.

How many times was the Larsen & Toubro Infotech IPO subscribed?

It was subscribed 11.7x overall: QIB 19.9x, NII 10.8x and retail 7.39x (NSE and BSE together).

Larsen & Toubro Infotech IPO

Larsen & Toubro Infotech Limited (LTI) · mainboard IPO on NSE and BSE · 100% Book Building. Listed on 21 July 2016.

Listed 21 Jul Subscribed 11.7x Listing gain -6.1%

Issue details

Price band

₹705–710

Issue price

₹710

Lot size

—

Min. retail bid

—

Issue size

₹1,242 Cr

Face value

₹1

Bidding

11 Jul – 13 Jul 2016

Listing

21 Jul 2016

Retail quota

35%

Registrar

Link Intime India Private Limited

Discount

Rs 10 to Retail Category only

Listing day

Listed at

₹667

-6.1% vs issue price ₹710

Day's high

₹710

0.0% · low ₹666 (-6.2%)

Day's close

₹698

-1.8% · traded ₹824 Cr

Subscription status

Category	Shares offered	Shares bid for	Subscribed
QIB (institutions)	35,00,000	6,96,68,000	19.9x
NII (HNI) total	26,25,000	2,82,33,260	10.8x
Retail	61,25,000	4,52,90,220	7.39x
Total	1,22,50,000	14,31,91,480	11.7x

Bids on NSE and BSE together, as published by NSE. Shares offered exclude the anchor portion. 27% of all shares bid for were at the cut-off price.

Past IPOs with similar demand

Earlier mainboard IPOs whose QIB, NII and retail subscription and size were closest to Larsen & Toubro Infotech's, and how they listed.

IPO	QIB	NII	Retail	Total	Size	Listing gain	Day high
Ujjivan Financial ServicesMay 2016	33.8x	135x	4.02x	40.7x	₹892 Cr	+10.4%	+16.5%
Precision CamshaftsJan 2016	2.62x	0.73x	2.01x	1.91x	₹424 Cr	-11.3%	-0.5%
TeamLease ServicesFeb 2016	27.0x	185x	10.6x	66.0x	₹450 Cr	+1.2%	+21.4%
Infibeam IncorporationMar 2016	0.86x	2.23x	1.31x	1.11x	₹1,148 Cr	+4.9%	+8.1%
HealthCare Global EnterprisesMar 2016	2.36x	0.43x	0.83x	1.56x	₹650 Cr	-3.6%	-2.8%
Thyrocare TechnologiesApr 2016	73.2x	225x	8.73x	73.5x	₹479 Cr	+49.1%	+49.1%

Offer documents (NSE)

Red Herring Prospectus (zip) Basis of issue price (zip) Anchor allocation (zip)

Frequently asked

What is the Larsen & Toubro Infotech IPO price band and lot size? ₹705–710 per share.

How many times has it been subscribed? 11.7x overall: QIB 19.9x, NII 10.8x, retail 7.39x.

How did it list? It opened at ₹667, -6.1% against the issue price of ₹710, and closed its first day -1.8%.

Other IPOs of 2016

Laurus Labs Sheela Foam GreenSignal Bio Pharma Varun Beverages Endurance Technologies HPL Electric and Power GNA Axles L&T Technology Services All 2016 IPOs →

Important: The AI listing estimates on Flash Finance are statistical estimates drawn from how past Indian IPOs have listed. They are not a forecast of what any IPO will do, not a recommendation to apply, buy or sell, and not investment advice. Listing prices depend on market conditions on the listing day and can differ widely from any estimate; past patterns may not repeat. Subscription figures are as published by NSE (bids on NSE and BSE together) and can be revised. Flash Finance is not a SEBI-registered investment adviser or research analyst. Read the issue's Red Herring Prospectus and consult a SEBI-registered adviser before you invest.