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The offer-for-sale by Larsen & Toubro of L&T Technology Services will open for the retail category on Thursday. On Wednesday, it received bids for 0.57 per cent from the non-retail category. L&T plans to sell 30 lakh shares in L&T Technology, representing 2.89 per cent of the total paid-up equity share capital, at a floor price of ₹1,610. If the OFS gets oversubscribed, then L&T would look to sell another 2.49 per cent stake. All eyes are now on the retail participation.
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