Tag Archives: l&t finance ipo oversubscription

L&T Finance IPO Over subscription Details

L&T Finance IPO which is closing today as of yesterday evening was totally subscribed by mere 1.22 times or so , its kind of end of month and most probably everyone would get the salary today and not sure how many retailers will apply today ,

Total Issue Size 214508067
Total Bids Received 260779100
Total Bids Received at Cut-off Price 154393700
No. of times issue is subscribed 1.22

On the retail side the IPO has subscribed by 2.21 times .
L&T FINANCE HOLDINGS LIMITED IPO Over subscription details

1 Qualified Institutional Buyers (QIBs) 75382416 53907900 0.72
2 Non Institutional Investors 31617647 15757100 0.50
3 Retail Individual Investors (RIIs) 73774510 163301600 2.21
4 Employees 10204082 5230200 0.51
5 Shareholders 23529412 22582300 0.96

Will keep this updated – Final update please see below – Total it was subscribed by 5.34
L&T FINANCE HOLDINGS LIMITED

Sr.No. Category No.of shares offered/reserved No. of shares bid for No. of times of total meant for the category
1 Qualified Institutional Buyers (QIBs) 75382416 145134800 1.93
2 Non Institutional Investors 31617647 195534600 6.18
3 Retail Individual Investors (RIIs) 73774510 709226000 9.61
4 Employees 10204082 15608600 1.53
5 Shareholders 23529412 78940600 3.35