The basis of allotment for L&T Technology IPO is available now.
The L&T Technology IPO allotment status will be available on Tuesday, September 20, 2016, as per the timeline provided in the red-herring prospectus.
Below are the steps to check L&T Technology Services Ltd. IPO allotment status online:
Note: The disabled button shows that the allotment is not yet available online.
The allotment result looks like as below:
The expected Listing price of L&T Technology IPO depends on many factors including demand, nature of the business, market environment, and state of the economy. The L&T Technology IPO grey market premium gives some hint but the actual Listing price is difficult to guess.
L&T Technology Services Ltd. IPO IPO allotment status is expected on Tuesday, September 20, 2016. Click the green button L&T Technology Services Ltd. IPO allotment status above to check the allotment. Note : The button remains disabled until the allotment is available online.
If L&T Technology IPO oversubscribed in the retail category, the L&T Technology IPO shares will be distributed on a proportionate basis to Retail Individual Investors (RII). Each retail investor will get a minimum of 1 lot subject to the availability of shares in the retail portion. If enough shares are not available, a lottery is drawn to choose the investors.
The L&T Technology Services Ltd. listing date is September 23, 2016. The equity shares of L&T Technology Services Ltd. will list on BSE, NSE.
The reason you didn't get the L&T Technology IPO could be: