L&T Infotech plans to raise over Rs. 2,000 crore through IPO

Report says that the proceeds will be used to fund its future growth plans.

L&T Infotech is planning to raise over Rs 2,000 crore through IPO in the fourth quarter of the current fiscal to fund its expansion plans, according to reports.

Report says that the proceeds will be used to fund its future growth plans.

L&T Infotech, a subsidiary of engineering & construction major Larsen & Toubro , figures among India's top 10 IT service providers.

The company had filed a draft red herring prospectus with the Securities and Exchange Board of India (Sebi) for IPO in September.