L&T Finance Holdings IPO Subscription Details

Bookbuilding IPO | ₹1,245 Cr | Listed at BSE, NSE | Wed, Jul 27, 2011 - Fri, Jul 29, 2011

L&T Finance IPO Subscription Status

L&T Finance IPO subscribed 5.34 times. The public issue subscribed 9.61 times in the retail category, 1.93 times in QIB, and 6.18 times in the NII category by July 29, 2011 7:45:00 PM (Day 3).

Investor CategorySubscription (times)Shares Offered*Shares bid forTotal Amount (Rs Cr.)*
Qualified Institutions1.937,53,82,4160
Non-Institutional Buyers6.183,16,17,6470
Retail Investors9.617,37,74,5100
Employees1.531,02,04,0820
Others3.352,35,29,4120
Total **5.3421,45,08,0670

L&T Finance IPO (Day-wise) Subscription Details (times)

DateQIBNIIRetailEMPOtherTotal
Day 1
Jul 27, 2011
0.640.390.460.030.460.46
Day 2
Jul 28, 2011
0.720.52.210.511.221.22
Day 3
Jul 29, 2011
1.936.189.611.535.345.34

Basis of Allotment - L&T Finance Holdings IPO

Category QIB NII Retail Employees Shareholders Total
Ex. Anchor Anchor Investor Total QIB
Allocation (No. of shares)7,49,83,9202,73,30,30010,23,14,2203,06,94,2657,16,19,9531,00,00,0002,30,76,92323,77,05,361
Allotment price (Rs.)5256525252505252
No.of applications438515215,19,68111,41560,3215,91,989
No.of shares applied14,19,32,5002,87,23,20017,06,55,70018,28,37,60068,60,83,8761,54,43,3007,76,68,7001,13,26,89,176
Amount collected (Rs.cr.)738.05 160.85 887.41 950.76 3,567.64 77.22 403.88 5,932.55
No.of times subscribed1.891.051.675.969.581.543.374.77
No.of shares allotted7,49,83,9202,73,30,30010,23,14,2203,06,94,2657,16,19,9531,00,00,0002,30,76,92323,77,05,361
Amount (Rs.cr.)389.92 153.05 532.03 159.61 372.42 50.00 120.00 1,245.00
No.of allottees378454663,50,5308,67549,8064,09,522

IPO Shares Offered

L&T Finance Holdings IPO is a public issue of 23.77 Cr equity shares. The issue offers 7.16 Cr shares to retail investors, 10.23 Cr shares to qualified institutional buyers, and 3.07 Cr shares to non-institutional investors.

CategoryShares OfferedAmt (₹ Cr.)Size (%)
QIB 10,23,14,220532.03 43.04%
    Anchor 2,73,30,300 142.12 11.50%
    QIB (Ex Anchor) 7,49,83,920 389.92 31.54%
NII 3,06,94,265159.61 12.91%
Retail7,16,19,953372.42 30.13%
Employee1,00,00,00052.00 4.21%
Total23,77,05,3611,236.07 100%

L&T Finance Holdings IPO Anchor Investor Allocation

A total of 2,73,30,300 shares at a price of Rs 52 per share will be allotted to the anchor investors.

Anchor investors bid opening dateJul 26, 2011
Anchor investor price₹56.00
Anchor investors as % of QIBs26.71%
No. of shares locked-in for 30 days1,36,65,150
No. of shares locked-in for 90 days1,36,65,150
S.No.Anchor InvestorGroup EntityNo. of Shares AllottedAmount (Rs.cr.)% Allotment within Anchor Investor Portion% Allotment of Issue
1 SUBRIA CGPE LTD. SUBRIA CGPE 45,00,000 25.20 16.47 1.89
2 TIOMAN INVESTMENTS (MAURITIUS) LTD. TIOMAN INVESTMENTS 1,58,66,300 88.85 58.05 6.67
3 DSP AGGRESSIVE HYBRID FUND DSP MUTUAL FUND 22,29,200 12.48 8.16 0.94
4 DSP AGGRESSIVE HYBRID FUND DSP MUTUAL FUND 4,65,400 2.61 1.70 0.20
5 DSP LARGE & MID CAP FUND DSP MUTUAL FUND 6,11,700 3.43 2.24 0.26
6 DSP INDIA T.I.G.E.R.FUND DSP MUTUAL FUND 18,85,700 10.56 6.90 0.79
7 DSP MID CAP FUND DSP MUTUAL FUND 10,86,900 6.09 3.98 0.46
8 DSP ELSS TAX SAVER FUND DSP MUTUAL FUND 6,85,100 3.84 2.51 0.29
2,73,30,300153.0510011.50

IPO Subscription FAQs

The L&T Finance Holdings IPO is subscribed 4.8139 times by Jul 29, 2011 19:45.

L&T Finance Holdings IPO Subscription

Investor Category Subscription (times)
Qualified Institutional1.9403
Non Institutional6.3659
Retail Individual9.8991
Employee Reservations1.5612
Total Subscription4.8139

Retail category of L&T Finance Holdings IPO subscribed 9.8991 times as of date Jul 29, 2011 19:45. The public issue closes on Fri, Jul 29, 2011 for bidding.

An investor can apply in L&T Finance Holdings IPO online via bank (using ASBA) or the broker (using UPI). The L&T Finance Holdings IPO shares are offered online only.

The L&T Finance Holdings IPO is subscribed 4.8139 times by Jul 29, 2011 19:45.

The L&T Finance Holdings IPO allotment status is expected on or around [.]. Visit L&T Finance Holdings IPO allotment status to check.

The L&T Finance Holdings IPO listing date is August 12, 2011. The equity share of L&T Finance Holdings IPO will list on BSE, NSE.

Visit L&T Finance Holdings IPO subscription status page for real-time bidding information about L&T Finance Holdings IPO.

L&T Finance Holdings IPO Timetable

IPO opens OnWednesday, July 27, 2011
IPO Closes OnFriday, July 29, 2011
Finalisation of Basis of Allotment[.]
Initiation of Refunds[.]
Credit of Shares to Demat Account[.]
IPO Listing DateFriday, August 12, 2011
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