Larsen & Toubro
Investments
10Funds
1Partners & Customers
10About Larsen & Toubro
Larsen & Toubro (NSE: LT) manufactures engineering equipment. It manufactures heavy machinery. Its products include bulldozers, road rollers, dairy machinery, chemical and pharmaceutical plants, switchgear, food processing machinery and feed milling plants. The company was founded in 1938 and is based in Mumbai, India.
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Latest Larsen & Toubro News
Sep 22, 2023
At 12:06 p.m., the Sensex rose 141 points, or 0.21%, to 66,371.29, while the Nifty 50 gained 42 points, or 0.21%, to 19,784.20. 22 Sep 2023, 12:48 PM IST 22 Sep 2023, 12:48 PM IST WhatsApp The BSE building (Source: Reuters) India's benchmark stock indices gained by midday trade on Friday, led by advances in State Bank of India and Larsen & Toubro Ltd.As of 12:06 p.m., the S&P BSE Sensex rose 141 points, or 0.21%, to 66,371.29, while the NSE Nifty 50 gained 42 points, or 0.21%, to 19,784.20.Banks and non-banking financial companies gained, while the pharma and healthcare sectors declined.India’s 10-year benchmark bond yield fell 7 basis points after JPMo... India's benchmark stock indices gained by midday trade on Friday, led by advances in State Bank of India and Larsen & Toubro Ltd. As of 12:06 p.m., the S&P BSE Sensex rose 141 points, or 0.21%, to 66,371.29, while the NSE Nifty 50 gained 42 points, or 0.21%, to 19,784.20. Banks and non-banking financial companies gained, while the pharma and healthcare sectors declined. India’s 10-year benchmark bond yield fell 7 basis points after JPMorgan Chase & Co. said it would include the country's sovereign debt in its benchmark emerging-markets index , a move expected to draw heightened inflows from global investors. Facebook X (was Twitter) The State Bank of India, Larsen & Toubro Ltd., Axis Bank Ltd., IndusInd Bank Ltd. and Maruti Suzuki India Ltd. were positively contributing to the Nifty 50. ITC Ltd., HDFC Bank Ltd., Infosys Ltd., Sun Pharmaceutical Industries Ltd. and Dr Reddy's Laboratories Ltd. were weighing on the index. Facebook X (was Twitter) The broader market indices were trading mixed, with the BSE Midcap trading 0.01% lower while the BSE Smallcap gained 0.03% by midday of Friday. Eleven out of the 20 sectors compiled by BSE Ltd. declined, while nine advanced. The BSE Bankex rose the most, and the BSE Healthcare fell the most. The market breadth was split between the buyers and the sellers. About 1,723 stocks rose, 1,677 declined, and 204 remained unchanged on the BSE. ALSO READ
Larsen & Toubro Investments
10 Investments
Larsen & Toubro has made 10 investments. Their latest investment was in CYFIRMA as part of their Series A - III on April 4, 2023.
Larsen & Toubro Investments Activity
Date | Round | Company | Amount | New? | Co-Investors | Sources |
|---|---|---|---|---|---|---|
4/13/2023 | Series A - III | CYFIRMA | $6M | Yes | 5 | |
1/19/2023 | Series A | oPro.ai | Yes | Cortado Ventures, Larsen & Toubro, Sentiero Ventures, and Undisclosed Investors | 1 | |
12/21/2021 | Corporate Minority | IntelliFlux Controls | $2M | Yes | 2 | |
6/1/2021 | Series A - II | |||||
5/19/2021 | Corporate Minority |
Date | 4/13/2023 | 1/19/2023 | 12/21/2021 | 6/1/2021 | 5/19/2021 |
|---|---|---|---|---|---|
Round | Series A - III | Series A | Corporate Minority | Series A - II | Corporate Minority |
Company | CYFIRMA | oPro.ai | IntelliFlux Controls | ||
Amount | $6M | $2M | |||
New? | Yes | Yes | Yes | ||
Co-Investors | Cortado Ventures, Larsen & Toubro, Sentiero Ventures, and Undisclosed Investors | ||||
Sources | 5 | 1 | 2 |
Larsen & Toubro Acquisitions
6 Acquisitions
Larsen & Toubro acquired 6 companies. Their latest acquisition was LTIMindtree on November 14, 2022.
Date | Investment Stage | Companies | Valuation Valuations are submitted by companies, mined from state filings or news, provided by VentureSource, or based on a comparables valuation model. | Total Funding | Note | Sources |
|---|---|---|---|---|---|---|
11/14/2022 | Acq - P2P | 6 | ||||
6/25/2019 | ||||||
10/4/2017 | Other | |||||
10/29/2014 | ||||||
9/10/2014 |
Date | 11/14/2022 | 6/25/2019 | 10/4/2017 | 10/29/2014 | 9/10/2014 |
|---|---|---|---|---|---|
Investment Stage | Other | ||||
Companies | |||||
Valuation | |||||
Total Funding | |||||
Note | Acq - P2P | ||||
Sources | 6 |
Larsen & Toubro Fund History
1 Fund History
Larsen & Toubro has 1 fund, including L&T Innovation fund.
Closing Date | Fund | Fund Type | Status | Amount | Sources |
|---|---|---|---|---|---|
L&T Innovation fund | 2 |
Closing Date | |
|---|---|
Fund | L&T Innovation fund |
Fund Type | |
Status | |
Amount | |
Sources | 2 |
Larsen & Toubro Partners & Customers
10 Partners and customers
Larsen & Toubro has 10 strategic partners and customers. Larsen & Toubro recently partnered with BAE Systems on September 9, 2023.
Date | Type | Business Partner | Country | News Snippet | Sources |
|---|---|---|---|---|---|
9/14/2023 | Partner | United Kingdom | Sweden's BAE Systems and Larsen & Toubro Team Up to Bring BvS10, An All-Terrain Vehicle To India BAE Systems , Inc. Inc. and Larsen & Toubro Limited have partnered to bring the world-leading Articulated All-Terrain Vehicle , the BvS10 , to the Indian market . | 2 | |
9/8/2023 | Client | Saudi Arabia | Larsen & Toubro Bags Rs 32,400 Crore Order From Saudi Aramco, Report Says Saudi Aramco has chosen contractors for the five primary engineering , procurement , and construction packages associated with the estimated $ 10 billion second expansion phase of its Jafurah unconventional gas production project , according to a report by MEED . | 2 | |
8/22/2023 | Client | Australia | L&T wins contract for urea plant in Australia `` Larsen & Toubro and Toubro have gone through SCJV 's -LSB- Saipem and Clough joint venture -RSB- meticulous tender process and have been awarded a significant package of modular fabrication based on their technical expertise , quality , health , safety and environment and operational excellence . '' | 2 | |
8/21/2023 | Client | ||||
8/7/2023 | Vendor |
Date | 9/14/2023 | 9/8/2023 | 8/22/2023 | 8/21/2023 | 8/7/2023 |
|---|---|---|---|---|---|
Type | Partner | Client | Client | Client | Vendor |
Business Partner | |||||
Country | United Kingdom | Saudi Arabia | Australia | ||
News Snippet | Sweden's BAE Systems and Larsen & Toubro Team Up to Bring BvS10, An All-Terrain Vehicle To India BAE Systems , Inc. Inc. and Larsen & Toubro Limited have partnered to bring the world-leading Articulated All-Terrain Vehicle , the BvS10 , to the Indian market . | Larsen & Toubro Bags Rs 32,400 Crore Order From Saudi Aramco, Report Says Saudi Aramco has chosen contractors for the five primary engineering , procurement , and construction packages associated with the estimated $ 10 billion second expansion phase of its Jafurah unconventional gas production project , according to a report by MEED . | L&T wins contract for urea plant in Australia `` Larsen & Toubro and Toubro have gone through SCJV 's -LSB- Saipem and Clough joint venture -RSB- meticulous tender process and have been awarded a significant package of modular fabrication based on their technical expertise , quality , health , safety and environment and operational excellence . '' | ||
Sources | 2 | 2 | 2 |
Larsen & Toubro Team
5 Team Members
Larsen & Toubro has 5 team members, including current Chief Executive Officer, Managing Director, Sekharipuram Narayanan Subrahmanyan.
Name | Work History | Title | Status |
|---|---|---|---|
Sekharipuram Narayanan Subrahmanyan | Chief Executive Officer, Managing Director | Current | |
Name | Sekharipuram Narayanan Subrahmanyan | ||||
|---|---|---|---|---|---|
Work History | |||||
Title | Chief Executive Officer, Managing Director | ||||
Status | Current |
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