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L&T Finance Ltd

L&T Finance Ltd

    Registered Office : Brindavan Plot No 177 CST Road,Kalina Santacruz (East),Mumbai Maharashtra 400098 Phone : 91-22-62125000
    Fax : 91-22-62125553

    Email : igrc@ltfs.com; team.sec2@ltfs.com; secretarial@ltf

    Website : www.ltfs.com

Public issue of up to [*] equity shares of Rs. 10 each ("Equity Shares") for cash by L&T Finance Holdings Limited (The "Company" or The "Issuer") at a price of Rs. [*] per equity share (including a share premium of Rs. [*] per equity share) aggregating up to Rs. 1,245.00 crores (The "Issue") including reservation of up to [*] equity shares for subscription by eligible employees for cash at a price of Rs. [*] per equity share (including a share premium of Rs. [*] per equity share) aggregating up to Rs. 50.00 crores (The "Employee Reservation Portion") and a reservation of up to [*] equity shares for subscription by L&T shareholders for cash at a price of Rs. [*] per equity share (including a share premium of Rs. [*] per equity share) aggregating up to Rs. 120.00 crores (The "L&T Shareholders Reservation Portion"). The issue will constitute approximately [*]% of the post- issue share capital of the company and the net issue will constitute approximately [*]% of the post-issue share capital of the company. Issue price is Rs. 52 per equity share of face value of Rs. 10 each. The issue price is 5.2 times the face value A Discount of Rs. 2 per equity share to the issue price has been offered to the eligible employees ("Eligible Employee Discount")

Issue

Opens On

Closes On

27-Jul-2011

29-Jul-2011

Money Payable On

Application

Allotment

52.00

0.00

Minimum Application for shares in Nos : 100.0 Further Multiples of : 100.0

₹Cr

Lead Managers to the Issue

Project Cost (₹.Cr)

Project Financed through Current Offer (₹.Cr)

Post Issue Equity Share Capital (₹.Cr)

Issue Price (₹.Cr)

1,526.44

1,245.00

1,681.65

52.00

Barclays Securities (India) Pvt Ltd

Citigroup Global Markets India Pvt Ltd

Credit Suisse Securities (India) Pvt Ltd

Equirus Capital Pvt Ltd

HSBC Securities & Capital Markets (India) Pvt Ltd

JM Financial Consultants Pvt Ltd

Projects
  • Repayment of intercorporate deposit
  • To augment capital base of L&T Finance & L&T Infra
  • For other general corporate purposes
Promoted By
  • Larsen & Toubro Ltd
Listing At
  • BSE
  • NSE
Registrar to the Issue
  • Sharepro Services India P Ltd