L&T Infotech IPO Subscription Details

Bookbuilding IPO | ₹1,236 Cr | Listed at BSE, NSE | Mon, Jul 11, 2016 - Wed, Jul 13, 2016

Basis of Allotment - L&T Infotech IPO

Category QIB NII Retail Total
Ex. Anchor Anchor Investor Total QIB
Allocation (No. of shares)35,00,00052,50,00087,50,00026,25,00061,25,0001,75,00,000
Allotment price (Rs.)710710710710700707
No.of applications88221102,00710,25,17910,27,296
No.of shares applied6,90,00,50058,45,3607,48,45,8602,77,89,0004,23,66,72014,50,01,580
Amount collected (Rs.cr.)4,899.04 415.02 5,314.06 1,973.02 2,965.67 10,244.36
No.of times subscribed19.711.118.5510.596.928.29
No.of shares allotted35,00,00052,50,00087,50,00026,25,00061,25,0001,75,00,000
Amount (Rs.cr.)248.50 372.75 621.25 186.38 428.75 1,236.38
No.of allottees85221071,9073,06,2503,08,264

IPO Shares Offered

L&T Infotech IPO is a public issue of 1.75 Cr equity shares. The issue offers 0.61 Cr shares to retail investors, 0.88 Cr shares to qualified institutional buyers, and 0.26 Cr shares to non-institutional investors.

CategoryShares OfferedAmt (₹ Cr.)Size (%)
QIB 87,50,000621.25 50.00%
    Anchor 52,50,000 372.75 30.00%
    QIB (Ex Anchor) 35,00,000 248.50 20.00%
NII 26,25,000186.38 15.00%
Retail61,25,000434.88 35.00%
Total1,75,00,0001,242.50 100%

L&T Infotech IPO Anchor Investor Allocation

A total of 52,50,000 shares at a price of Rs 710 per share will be allotted to the anchor investors.

Anchor investors bid opening dateJul 08, 2016
Anchor investor price₹710.00
Anchor investors as % of QIBs60.00%
No. of shares locked-in for 30 days26,25,000
No. of shares locked-in for 90 days26,25,000
S.No.Anchor InvestorGroup EntityNo. of Shares AllottedAmount (Rs.cr.)% Allotment within Anchor Investor Portion% Allotment of Issue
1 AUBURN LTD. AUBURN 22,53,540 160.00 42.92 12.88
2 FIL INVESTMENTS (MAURITIUS) LTD. FIDELITY 2,81,700 20.00 5.37 1.61
3 HDFC BALANCED ADVANTAGE FUND HDFC MUTUAL FUND 5,63,400 40.00 10.73 3.22
4 ICICI PRUDENTIAL TECHNOLOGY FUND ICICI PRUDENTIAL MUTUAL FUND 2,11,280 15.00 4.02 1.21
5 ADITYA BIRLA SUN LIFE LARGE CAP FUND ADITYA BIRLA SUN LIFE MUTUAL FUND 1,69,020 12.00 3.22 0.97
6 ADITYA BIRLA SUN LIFE LARGE & MID CAP FUND ADITYA BIRLA SUN LIFE MUTUAL FUND 42,260 3.00 0.81 0.24
7 ADITYA BIRLA SUN LIFE MIDCAP FUND ADITYA BIRLA SUN LIFE MUTUAL FUND 70,420 5.00 1.34 0.40
8 NIPPON INDIA SMALL CAP FUND NIPPON INDIA MUTUAL FUND 1,40,860 10.00 2.68 0.80
9 NEW INDIA ASSURANCE CO.LTD.,THE NEW INDIA ASSURANCE 2,81,680 20.00 5.37 1.61
10 MAX LIFE INSURANCE CO.LTD.-PARTICIPATING FUND MAX LIFE INSURANCE 1,40,860 10.00 2.68 0.80
11 NTASIAN EMERGING LEADERS MASTER FUND NT GLOBAL 1,08,840 7.73 2.07 0.62
12 BNP PARIBAS ARBITRAGE BNP PARIBAS 1,40,880 10.00 2.68 0.81
13 INDIA MAX INVESTMENT FUND LTD. INDIA MAX INVESTMENT FUND LTD. 70,460 5.00 1.34 0.40
14 GLOBAL STRONG GROWTH FUND GLOBAL STRONG 70,440 5.00 1.34 0.40
15 GENERAL INSURANCE CORP.OF INDIA GENERAL INSURANCE CORP.OF INDIA 1,40,860 10.00 2.68 0.80
16 SHRIRAM LIFE INSURANCE CO.LTD.-SHARE HOLDERS BALANCE SHRIRAM LIFE INSURANCE 1,40,860 10.00 2.68 0.80
17 TATA AIA LIFE INSURANCE CO.LTD.-WHOLE LIFE MID CAP EQUITY FUND-ULIF 009 04/01/07 WLE 110 TATA AIA LIFE INSURANCE 70,440 5.00 1.34 0.40
18 HDFC ERGO GENERAL INSURANCE CO.LTD. HDFC ERGO GENERAL INSURANCE 70,440 5.00 1.34 0.40
19 STAR UNION DAI-ICHI LIFE INSURANCE CO.LTD. STAR UNION DAI-ICHI LIFE INSURANCE 70,440 5.00 1.34 0.40
20 RELIANCE GENERAL INSURANCE CO.LTD. RELIANCE GENERAL INSURANCE 70,440 5.00 1.34 0.40
21 SHRIRAM GENERAL INSURANCE CO.LTD. SHRIRAM GENERAL INSURANCE 70,440 5.00 1.34 0.40
22 UNION BANK OF INDIA UNION BANK OF INDIA 70,440 5.00 1.34 0.40
52,50,000372.7510030.00

IPO Subscription FAQs

The L&T Infotech IPO is subscribed 11.6892865306122 times by Jul 13, 2016 18:30.

L&T Infotech IPO Subscription

Investor Category Subscription (times)
Qualified Institutional19.91
Non Institutional10.76
Retail Individual7.39000163265306
Total Subscription11.6892865306122

Retail category of L&T Infotech IPO subscribed 7.39000163265306 times as of date Jul 13, 2016 18:30. The public issue closes on Wed, Jul 13, 2016 for bidding.

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

The L&T Infotech IPO is subscribed 11.6892865306122 times by Jul 13, 2016 18:30.

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

The L&T Infotech IPO listing date is July 21, 2016. The equity share of L&T Infotech IPO will list on BSE, NSE.

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

L&T Infotech IPO Timetable

IPO opens OnMonday, July 11, 2016
IPO Closes OnWednesday, July 13, 2016
Finalisation of Basis of Allotment[.]
Initiation of Refunds[.]
Credit of Shares to Demat Account[.]
IPO Listing DateThursday, July 21, 2016
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