The IPO received bids for 142,946,840 shares as against the total issue size of 12,250,000 shares, according to NSE data.
L&T Infotech’s initial public offering (IPO) was oversubscribed by 11.67 times on the final day of the issue on Wednesday.
The IPO received bids for 142,946,840 shares as against the total issue size of 12,250,000 shares, according to NSE data.
The IPO was priced between Rs. 705 and Rs. 710 per share. The issue was opened on July 11.
The company raised Rs 373 crore from anchor investors by selling shares at a price of Rs 710 apiece.
The company raised Rs 373 crore from anchor investors by selling shares at a price of Rs 710 apiece.
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