Pages

Monday, August 3, 2015

L&T Plans IPO of 1500-2000 crores for L&T Infotech

Construction and engineering conglomerate Larsen & Toubro is planning to raise about 1,500-2,000 crore through an initial public offering(IPO) of its IT arm L&T Infotech.

L&T intends to file a draft red herring prospectus (DRHP), or the initial papers, for an IPO of its IT unit by late August or early September.

 The conglomerate intends to list L&T Infotech by December 2015

 

No comments:

Post a Comment