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L&T Infotech to make stock market debut on July 21

market outlook

L&T Infotech, which recently concluded its Rs 1,243-crore IPO, will make its stock market debut on July 21. The listing will take place at the NSE in presence of L&T Group Executive Chairman A M Naik and other top officials along with merchant bankers. The company’s shares will list on leading stock exchanges NSE and BSE. The company’s IPO had attracted more than one million applications, the highest for any share sale offer in at least five years. From 2011 till date, L&T Infotech is the first one to attract million applications. L&T Infotech had fixed a price band of Rs 705-710 per share for the offering.

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