L&T Infotech IPO is seven-times oversubscribed
The IPO received bid of around 8,47,58,880 shares as against 1,22,50,000 shares on offer. Qualified institutional buyers (QIBs) put in bids for 5,41,19,860 shares oversubscribing their quota by 15.46 times.
L&T Infotech IPO is has received encouraging response from investors. Photo: Zeebiz