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L&T Will Not List Any Other Arm For Next 2-3 Years

After the 2 IPO’s that is L&T Infotech and L&T Technology, Engineering major Larsen & Toubro may not list any other subsidiary for the next 2-3 years.

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.

Market Update:

After RBL Bank IPO Bidding and RBL Bank IPO Allotment now RBL Bank IPO Listing also completed successfully. Yet another IPO giving good handsome listing gains to its investors.

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.

3 SME IPO are either active for bidding or are planned within a week time including Narayani Steels Ltd IPOSpicy Entertainment And Media Ltd (SEML) and Riddhi Steel & Tube Ltd IPO

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.

Other some important IPO’s to look upon are NSE IPO and HDFC Standard Life IPO etc.

So Keep watching this blog to keep yourself updated with all the news.

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