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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")
Opens On
Closes On
27-Jul-2011
29-Jul-2011
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
- Repayment of intercorporate deposit
- To augment capital base of L&T Finance & L&T Infra
- For other general corporate purposes
- Larsen & Toubro Ltd
- BSE
- NSE
- Sharepro Services India P Ltd