L&T Finance Holdings, which has four business groups, intends to explore opportunities to expand its operations by developing new products and services within its existing lines of business, according to N. Sivaraman, President, and Wholetime Director. Mr. Sivaraman was here in connection with a road show of the company's initial public offering of equity shares at a price band between Rs.51 and Rs.59 per share.

He said one of the company's major strengths was the quality of asset portfolio. “Our business is built around return.” Mr. Sivaraman said.

Headquartered in Mumbai, it had a presence in 23 states in India. As at May 31, 2011, it had 837 points-of-presence across India, he said.

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