"There are plans to list L&T Infotech by October. The company expects to raise Rs 2,000-2,600 crore from its listing," a source aware of the development told PTI.
No immediate comments were received from L&T.
L&T Infotech, a subsidiary of engineering giant Larsen & Toubro, had received capital markets regulator Sebi's approval to float an initial public offering worth Rs 2,000 crore in December 2015.
The issue comprises an offer for sale of up to 1,75,00,000 equity shares of face value of Rs 1 each by Larsen & Toubro.
The company has plans to use the raised amount to fund its future growth.
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