L&T Finance Holding : IPO Details, Issue Size, Price band, Company Profile, IPO Date, Rating by CARE
Incorporated in 2008, L&T Finance Holdings is a financial 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. Promoted by Larsen & Toubro Ltd, one of the leading companies in India, with interests in engineering, construction, electrical and electronics manufacturing and services, information technology and financial services, L&T Finance Holdings is registered with the RBI as a Systemically Important Non-Deposit Taking Non-Banking Financial Company and has applied for registration as a Core Investment Company.
- Issue Open: Jul 27, 2011 - Jul 29, 2011
- Issue Type: 100% Book Built Issue IPO
- Issue Size: Equity Shares of Rs. 10
- Issue Size: Rs. 1,245.00 Crore
- Face Value: Rs. 10 Per Equity Share
- Issue Price: Rs. 51 - Rs. 59 Per Equity Share
- Listing At: BSE, NSE
CARE has assigned an IPO Grade 5 to L&T Finance IPO. This means as per CARE, company has 'Strong Fundamentals'. CARE assigns IPO grading on a scale of 5 to 1, with Grade 5 indicating strong fundamentals and Grade 1 indicating poor fundamentals
Posts
No comments:
Post a Comment