Thursday, September 1, 2016

L&T Technology IPO to open on Sep 12th

 L&T Technology Services Ltd is entering in the capital markets with an initial public offering (IPO) consisting of a fresh issue aggregating up to Rs 900.00 Cr (Approx.) and an offer for sale of up to 10,400,000 equity shares. The price band for the issue has not been fixed yet.

L&T Technology Services Ltd is Mumbai India based third-party ER&D (Engineering, Research and Development) service provider. L&T Tech provide services to manufacturing, technology and process engineering companies to help them develop and build products, processes and infrastructure required to deliver products and services to their end customers.

The issue opens on Sep 12, 2016 and closes for subscription on Sep 15, 2016. The equity shares of the issue are proposed to be list on the Bombay Stock Exchange (BSE) and National Stock Exchange (NSE).