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Showing posts with label LT Finance Holdings. Show all posts
Showing posts with label LT Finance Holdings. Show all posts
Friday, April 25, 2014
Saturday, March 29, 2014
Thursday, March 27, 2014
Wednesday, March 07, 2012
Sunday, November 20, 2011
Friday, July 29, 2011
L&T Finance Holdings IPO subscribed 5 times
Gets bids for 106.67 crore shares
The initial public offer (IPO) of L&T Finance Holdings was subscribed 4.97 times as on 17:00 IST on the third and final day of the bidding for the issue today, 29 July 2011. The IPO received bids for 106.67 crore shares, compared with 21.45 crore shares on offer.
The price band for the IPO was Rs 51 to Rs 59 per share. The proceeds of the IPO will be used for expansion plans of two of its subsidiaries--L&T Finance and L&T Infrastructure Finance. Rating agencies CARE and ICRA had assigned an IPO grade 5 to the company's IPO indicating that the fundamentals of the company are 'strong' relative to the other listed equities.
Thursday, July 28, 2011
L&T Finance Holdings IPO fully bid
Gets bids for 22.51 crore shares
The initial public offer (IPO) of L&T Finance Holdings was subscribed 1.05 times as at 16:00 IST on the second day of the bidding for the issue today, 28 July 2011. The IPO received bids for 22.51 crore shares, compared with 21.45 crore shares on offer.
The price band for the IPO is Rs 51 to Rs 59 per share. The issue closes on Friday, 29 July 2011. The proceeds of the IPO will be used for expansion plans of two of its subsidiaries--L&T Finance and L&T Infrastructure Finance. Rating agencies CARE and ICRA have assigned an IPO grade 5 to the company's IPO indicating that the fundamentals of the company are 'strong' relative to the other listed equities.
Wednesday, July 27, 2011
L&T Finance Holdings IPO subscribed 46% on day one
Gets bids for 9.82 crore shares
The initial public offer (IPO) of L&T Finance Holdings was subscribed 46% on the first day of the issue today, 27 July 2011. The IPO received bids for 9.82 crore shares, compared with 21.45 crore shares on offer.
The price band for the IPO is Rs 51 to Rs 59 per share. The issue closes on Friday, 29 July 2011.
Tuesday, July 26, 2011
L&T Finance Holdings IPO Analysis
L&T Finance Holdings (L&TFH), promoted by Larsen & Toubro, is a holding company offering a diverse range of financial products and services across the corporate, retail and infrastructure finance sectors as well as mutual fund products and investment management services, through its direct and indirect wholly-owned subsidiaries. The company is registered with the Reserve Bank of India as an NBFC-ND-SI (systemically important non-deposit taking non-banking financial company)
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