When did L Infotech go public?

When did L Infotech go public?

The three-day issue is an offer for sale by existing investors, which will close on July 13. NEW DELHI: Larsen & Toubro arm L Infotech on Wednesday said it would hit the primary market on July 11 with an initial public offering (IPO) of 1.75 crore equity shares to raise around Rs 1,242 crore.

Is L Infotech a debt free company?

The Company is Virtually Debt Free. The Company has a good ROE track record of 32.64%.

What is the business of L and T Infotech?

In 2017, NASSCOM ranked LTI as the sixth-largest Indian IT services company in terms of export revenues….Larsen & Toubro Infotech.

Type Public
Traded as BSE: 540005 NSE: LTI
Industry IT services and IT consulting
Founded 23 December 1996
Headquarters L House, Ballard Estate, Mumbai , India

What was Dmart IPO price?

DMart IPO Details

IPO Opening Date Mar 8, 2017
Face Value ₹10 per equity share
IPO Price ₹295 to ₹299 per equity share
Market Lot 50 Shares
Min Order Quantity 50 Shares

Is Larsen and Toubro an Indian company?

Larsen & Toubro Ltd, commonly known as L, is an Indian multinational conglomerate, with business interests in engineering, construction, manufacturing, technology and financial services, headquartered in Mumbai. The company is counted among world’s top five construction companies.

Is Larsen and Toubro a good share to buy?

The L stock is reasonably valued too, in an otherwise expensive equity market. The stock has gained 131 per cent from a low of ₹708 per share in March 2020. This along with the presence of macroeconomic tailwinds for infrastructure, and a gradual recovery in industrial capex make the L stock a good buy. .

Is LTI overvalued?

Price to Book Ratio PB vs Industry: LTI is overvalued based on its PB Ratio (15.4x) compared to the IN IT industry average (2.3x).

Is Larsen and Toubro India Company?

Larsen & Toubro Ltd, commonly known as L, is an Indian multinational conglomerate, with business interests in engineering, construction, manufacturing, technology and financial services, headquartered in Mumbai. It was founded by two Danish engineers taking refuge in India.

What is L & T SuFin?

L-SuFin is an integrated B2B marketplace for buying and selling industrial and construction products and services. Backed by Larsen & Toubro – an Indian multinational engaged in EPC projects, hi-tech manufacturing, and services, operating in over 50 countries worldwide.

What was the IPO price of Irctc?

The Initial Public Offering (IPO) of IRCTC received a solid response. The IPO whose issue price was just Rs 320, was subscribe fully during the launch. The price of 1 lot was Rs 12,800. The stock was listed at a premium of Rs 644.

When did Indiamart IPO open?

Jun 24 2019
Indiamart IPO Details:

Open Date: Jun 24 2019
Issue Size: 475 Cr.
Lot Size: 15 Shares
Issue Price: ₹ 970-973 Per Equity Share
Listing At: NSE,BSE