Larsen & Toubro Infotech Ltd. IPO
IPO Timeline
Category-wise Subscription
| Category | Sub (x) | Offered | Bid For | Amt (Cr)* |
|---|---|---|---|---|
| QIB | — | 8,750,000 (50%) | — | ₹62,125 Cr |
| NII (HNI) | — | 2,625,000 (15%) | — | ₹18,638 Cr |
| Retail | — | 6,125,000 (35%) | — | ₹43,488 Cr |
| Σ Total | — | 17,500,000 (100%) | — | ₹1,242,500 Cr |
Only available investor categories are shown. Amount is auto-calculated when shares offered and issue price are available.
Issue Details
Minimum Investment (Lot-wise)
| Category | Lots | Shares | Amount (₹) |
|---|---|---|---|
| Retail (Min) | 1 | 20 | ₹14,200 |
| Retail (Max) | 13 | 260 | ₹184,600 |
| S-HNI (Min) | 14 | 280 | ₹198,800 |
| B-HNI (Min) | 67 | 1,340 | ₹951,400 |
Financial Statements Amount In Crore
| Metric | 31-Mar-16 | 31-Mar-15 | 31-Mar-14 |
|---|---|---|---|
| Revenue | 5,908 | 4,833 | 4,563 |
| Profit After Tax | 938 | 774 | 903 |
| Total Assets | 3,238 | 2,907 | 2,506 |
Valuation & Key Ratios
Grey Market Premium (GMP)
GMP is an unofficial grey market indicator and does not guarantee actual listing price. Invest at your own risk.
Objects of the Issue
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Company Overview
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 Connect
2. Strong parentage and brand equity of our Promoter
3. Established long-term relationships with our clients
4. Extensive portfolio of IT services and solutions
5. Focus on emerging technologies
6. Track record of established processes and executing large, end-to-end, mission critical projects
7. Strong management culture
8. Conducive work environment to attract and retain talent