Naik Said in a interview on Tuesday “”There are other subsidiaries which can be listed. But we don’t plan to have any IPOs in the next 2-3 years”.
L&T has right now 2 subsidiaries which are already listed on NSE and BSE i.e L&T Finance and L&T Infotech.
While L&T has already announced the IPO of L&T Technology with the dates September 12, 2016 – September 15, 2016.
Now next in pipeline is L&T Technology IPO which is going to start from September 12, 2016.
GNA Axles Ltd IPO bidding also going to start from September 14, 2016 – September 16, 2016.
After that ICICI Prudential Life Insurance IPO is in pipeline which can hit market soon in September month.
There are some good stocks in Pipeline this year including BSE itself coming with its own IPO. BSE will be selling its shares on index and traded on exchange.
So Keep watching this blog to keep yourself updated with all the news.
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