Friday, July 29, 2011

L&T Finance IPO finally subscribed 5.34 times

L&T Finance Holdings IPO finally subscribed 5.34 times on its closing day. L&T Finance IPO was open on July 27, 2011 and closed today on July 29, 2011 for subscription. L&T Finance has received bids for 1,14,44,44,600 shares as against issue size of 21,45,08,067 shares.

Subscription Detail for Day 3 (Closing day)

Qualified Institutional Buyers (QIBs): 1.93 Times
Non Institutional Investors: 6.18 Times
Retail Individual Investors (RIIs): 9.61 Times
Employees: 1.53 Times
Shareholders: 3.35 Times

Total: 5.34 Times

Visit L&T Finance IPO page for more detailed bidding information and to discuss L&T Finance Holdings IPO. L&T Finance IPO Allotment and L&T Finance IPO Listing date will be available soon.