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22 July 2011

L&T Finance Holdings IPO:: Details you need to know; Price band: 51-59

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Issue Terms
 
Issue price / Floor Price (Rs)
51-59
Application per share (Rs)
51.00
Minimum investment amount (Rs)
5,100.00
Minimum bid (no of shares)
100 shares and in multiples of 100 thereafter
Maximum Shares for Retail
3900-3300





Issue Date and Size
 
Issue opens
27-Jul-11
Issue closes
29-Jul-11
Listing on
BSE, NSE
Issue size (Rs cr)
1245



Company Financials (Rs cr)
2009-12-31
No of months
12
Turnover
2,114.84
Net profit / (loss)
392.57
Borrowings
15,916.47



Company Contact Details
Company's address
L&T House, Ballard Estate, Mumbai
Pincode
400 001
Tel No.
91 22 6752 5656
Fax No.
91 22 6752 5858
Website
http://www.ltfinanceholdings.com

Description
It is a financial holding company offering 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.
Objects of Issue
  • To augment the capital base of L&T Finance and L&T Infra to meet the capital requirements arising out of expected growth in their assets, primarily the loan portfolio.
Lead Managers & Registrar
Lead Manager(1)
JM Financial Consultants Pvt Ltd
E-mail
ltf.ipo@jmfinancial.in
Lead Manager(2)
Citigroup Global Markets India Pvt Ltd
E-mail
ltfinance.ipo@citi.com
Registrar
Sharepro Services (India) Pvt Ltd
E-mail
kumaresh@shareproservices.com



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