L&T Technology Services Limited which is tapping the capital market with its offer for sale of 1.04 cr shares completed allocation to 19 anchor investors comprising of 33 entities. The price band of the issue is Rs 850-860 and shares were allotted at Rs 860. The highest allotment is to Sundaram Mutual Fund who has been allotted 9.31% of the shares.
The issue opens on Monday the 12th of September and closes on Thursday the 15th of September. This is the third divestment and value unlocking from the engineering giant Larsen and Toubro. The first was L&T Finance and the second was L&T Infotech Limited which listed on the 21st of July.
The full list of shares allotted is given below:-