L and T Finance Holdings Ltd

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L&TFH, promoted by L&T, is a financial holding company offering a diversified range of financial products and services across the corporate, retail and infrastructure sectors and having presence in mutual fund products as well as investment management services through direct and indirect wholly owned subsidiaries. L&TFH is registered as a Non-Banking Finance Company (Non Deposit Taking - Systemically Important) (NBFC-ND-SI) and has applied to RBI for registration as a Core Investment Company (CIC). L&TFH has two major subsidiaries, L&T Infrastructure Finance Company Ltd (L&T Infra) (which is registered with RBI as an Infrastructure Finance Company) and L&T Finance Ltd. (LTF) (which is registered as NBFC- Asset Finance Company with RBI and is into corporate and retail financing). L&TFH also has two wholly-owned indirect subsidiaries (whollyowned subsidiaries of LTF) - L&T Investment Management Ltd (L&TIM) (which is registered as an asset management company with SEBI and has received a license from SEBI to conduct portfolio management services) and L&T Mutual Fund Trustee Ltd. (L&TMFT) (which is the trustee company for the Mutual Fund).


L&TFH is headquartered in Mumbai and has a presence through its subsidiaries in 21 States of India. As on February 28, 2011, L&TFH had 890 points of presence across India through 113 branches, 330 meeting centres, 414 customer care centres and 33 Kisan Gaurav Seva Kendras (centres to run schemes for financing the acquisition of farm equipment by farmers) across its major direct and indirect subsidiaries.


Broker Views/Tips On L&T Finance IPO


SP Tulsian | Manish Bhatt | Eastern Financers | Aditya Birla Money | Sharekhan | SMC | Unicon Financial

Objects of the issue:

» Repayment of inter corporate deposit issued by Promoter to the Company;
» To augment the capital base of L&T Finance and L&T Infra, to meet the capital adequacy requirements to support the future growth in their business;
» To achieve the benefits of listing on the Stock Exchanges; and
» For other general corporate purposes including meeting the expenses of the Issue.

Company Address:

Address:
Registered Office :
L&T House,
Ballard Estate,
Mumbai - 400 001
Phone: +91 22 6752 5656
Fax:+91 22 6752 5858
Email:ltfh-ipo@ltfinance.com
Website:www.ltfinanceholdings.com

IPO Details:

Information Value
Open Date27-Jul-2011
Close Date29-Jul-2011
Allotment Date08-Aug-2011
Refund Date09-Aug-2011
Listing Date12-Aug-2011
Issue PriceRs. 51 - Rs. 59
Isuue Type100% Book Building Issue
Issue Size211,016,948 Equity Shares of Rs. 10
Lot Size» Minimum : 100 Shares
» Maximum : 1600 (1 Lac) , 3300 (2 Lac)
Max Amount for Retail Investor200000
Listing OnBSE,NSE
Lead Manager Citigroup Global Markets India Private Limited, HSBC Securities & Capital Markets Pvt Ltd & JM Financial Consultants Private Limited
RegistrarSharepro Services Private Limited
Registrar Emailipoltfh@shareproservices.com
Registrar Websitewww.shareproservices.com
Registrar Phone+91 22 6772 0300/400
Application Multiple100 and in multiples there off starting with atleast 100 shares
Cheque in Favour of"Escrow Account - LTFHL IPO - R" For Retail Bidders
Listing OpenRs. 51 / Rs. 53.85 (BSE/NSE)
Listing CloseRs. 49.95 / Rs. 50.05 (BSE/NSE)
Listing HighRs. 52.50 / Rs. 53.85 (BSE/NSE)
Listing LowRs. 49.50 / Rs. 49.30 (BSE/NSE)
Prospectus Download Download
Application Forms Download Download
ASBA E-Form Download Download
IPO Grading Download Download

L and T Finance Holdings Ltd Financial Details:

L&TFH reported, on a consolidated basis, Profit After Tax(PAT) of Rs.397 crore on total income of Rs.2,115 crore during FY11. L&TFH reported consolidated net worth of Rs.2,890 crore and consolidated asset size of Rs.18,807 crore as on March 31, 2011.

L and T Finance Holdings Ltd Grey Market Price - Premium - Rates

Warning: Do not subscribe to any IPO's on the basis of grey market price or IPO Forecast. Please check the fundamentals of the company before applying. Use grey market price as an information tool.

Date GM Premium Kostak Rate
20-Jul-2011Rs. 2.50 - 3.50Rs. 2500 - 2600 (2 Lac)
21-Jul-2011Rs. 2.50 - 3Rs. 2500 - 2600 (2 Lac)
25-Jul-2011Rs. 5 - 6.50Rs. 2600 - 2800 (2 Lac)
27-Jul-2011Rs. 6 - 6.50Rs. 2500 - 2600 (2 Lac)
29-Jul-2011Rs. 3 - 4Rs. 2000 - 2100 (2 Lac)
01-Aug-2011Rs. 0.75 (Paise) - 1----
02-Aug-2011Rs. 1.50 - 2----
03-Aug-2011Rs. 1.50 - 2----
04-Aug-2011Rs. 1.50 - 2----
05-Aug-2011Rs. 2 - 2.50----
08-Aug-2011Rs. 2 - 2.50----
09-Aug-2011Rs. 2 - 2.50----
10-Aug-2011Rs. 2 - 2.50----
11-Aug-2011Rs. 2 - 2.50----

L and T Finance Holdings Ltd Subscription Details:

Date Retail QIB Non Institutional Employee Overall
27-Jul-20110.460.640.390.030.46
28-Jul-20112.210.720.500.511.22
29-Jul-20119.61 1.93 6.18 1.535.34




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