L&T Finance Holdings Ltd IPO

Closed

IPO Subscription Details

  • Open Date 27 Jul
  • Close Date 29 Jul
  • Lot Size 100
  • IPO Size ₹ 1245 Cr
  • IPO Price Range ₹ 52
  • Min Investment ₹ 5200

IPO Synopsis

Public issue of up to [*] equity shares of Rs. 10 each (Equity Shares) for cash by L&T Finance Holdings Limited (The Company or The Issuer) at a price of Rs. [*] per equity share (including a share premium of Rs. [*] per equity share) aggregating up to Rs. 1,245.00 crores (The Issue) including reservation of up to [*] equity shares for subscription by eligible employees for cash at a price of Rs. [*] per equity share (including a share premium of Rs. [*] per equity share) aggregating up to Rs. 50.00 crores (The Employee Reservation Portion) and a reservation of up to [*] equity shares for subscription by L&T shareholders for cash at a price of Rs. [*] per equity share (including a share premium of Rs. [*] per equity share) aggregating up to Rs. 120.00 crores (The L&T Shareholders Reservation Portion). The issue will constitute approximately [*]% of the post- issue share capital of the company and the net issue will constitute approximately [*]% of the post-issue share capital of the company. Issue price is Rs. 52 per equity share of face value of Rs. 10 each. The issue price is 5.2 times the face value A Discount of Rs. 2 per equity share to the issue price has been offered to the eligible employees (Eligible Employee Discount)

How to apply for IPO?

  • Login to your 5paisa account and select the issue in the current IPO section

  • Enter the number of lots and price at which you wish to apply for

  • Enter your UPI ID and click on submit. With this, your bid will be placed with the exchange

  • You will receive a mandate notification to block funds in your UPI app

  • Approve the mandate request on your UPI and funds will be blocked

Contact Details of L&T Finance Holdings Ltd IPO