L&T Infotech eyes $125-150 million from its IPO
L&T Infotech IPO is set to open on July 11 and close on July 13. The company contributes about 8 percent of the consolidated revenue of the entire L&T business.
L&T Infotech IPO wil have an offer price of around Rs 90 a share. Roughly the amount the company would be looking to raise from the IPO would be USD 125-150 million. On the heels of this IPO will be L&T Technology Services’ Draft Red Herring Prospectus.
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