L&T Infotech had received approval from SEBI to float an IPO worth Rs 2,000 Cr in December 2015. The issue comprises an offer for sale of up to 1,75,00,000 equity shares of face value of Rs 1 each by L&T. The company figures among India’s top 10 IT service providers. The company has plans to use the raised amount to fund its future growth.

L&T plans raise between Rs 2,000-2,600 Cr from the  L&T Infotech's IPO

Leave a Reply

Your email address will not be published. Required fields are marked *