SEBI Reg. Investment Advisor

Download App

MoneyWorks4Me

L&T to raise Rs 2000 crore through IPO of its IT arm

03 Aug 2015 Evaluate

Construction and engineering conglomerate Larsen & Toubro (L&T) is planning to raise about Rs 1,500-2,000 crore through an initial public offering (IPO) of its IT arm L&T Infotech.

L&T intends to file a draft red herring prospectus (DRHP), or the initial papers, for an IPO of its IT unit by late August or early September. The conglomerate intends to list L&T Infotech by December.

Meanwhile, L&T has appointed Citibank, Barclays and Kotak Bank as advisors for the IPO.

Larsen & Toubro Share Price

3891.60 -82.00 (-2.06%)
11-May-2026 10:54 View Price Chart
Peers
Company Name CMP
Larsen & Toubro 3891.60
Rail Vikas Nigam 297.05
NCC 165.85
KEC International 586.70
Kalpataru Projects 1267.65
View more..

About MoneyWorks4Me

MoneyWorks4Me is a SEBI-registered Investment Adviser (IA) dedicated to helping investors build long-term wealth through transparent, research-driven, conflict-free guidance. Founded in 2008, we started our journey as a Research Analyst (RA), providing deep fundamental analysis, intrinsic value insights, and long-term investing frameworks for Indian equities. In 2017, we transitioned to a full-fledged SEBI-registered Investment Adviser, strengthening our commitment to acting as a fiduciary—always putting the investor’s interest first.

Our Vision

To become India’s most trusted, research-powered fiduciary advisory platform—where every investor, regardless of experience, can make calm, confident, and well-reasoned investment decisions.

What Makes MoneyWorks4Me Different

Our Approach: Ensuring compounding work its magic on client portfolio.

MoneyWorks4Me ensures this through:

×