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L&T Finance Holdings Limited IPO Message Board (Page 24)

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365. Sanjay doshi |   Link |  Bookmark | July 30, 2011 9:33:56 PM
L&T FIN HOL LTD FIXED IPO PRICE RS.52/- CONGRTS TO ALL WHO APPLIED WILL GET GOOD PROFIT ON LISTING DAY
364. sbb |   Link |  Bookmark | July 30, 2011 9:26:10 PM
price of 52 declared
363. Santosh. |   Link |  Bookmark | July 30, 2011 9:18:30 PM
if today issue price not declared then on monday 80% application @ cutoff price withdrawn possibility may arise.already some stop payment of cheque done.
362. Santosh. |   Link |  Bookmark | July 30, 2011 9:07:23 PM
As against the price band of Rs. 51 to Rs. 59 per equity share, the Company announced the issue price of Rs. 52 per equity share today.
The L&T Finance Holdings Ltd. Initial Public issue which closed for subscription on July 29th received subscriptions for more than 5 times its size, aggregating to a demand in excess of Rs. 5800 crores. It is noteworthy that this IPO attracted over 600,000 applications into its fold.

As against the price band of Rs. 51 to Rs. 59 per equity share, the Company announced the issue price of Rs. 52 per equity share today. Speaking to newsmen Y M Deosthalee, Chairman of L&T Finance Holdings said, “We are happy with the demand that the issue generated amongst all categories of investors, particularly given the market volatility.

While the IPO received good demand at different price points within the price band, to reciprocate the confidence that over 600,000 applicants have placed in us we decided to price the issue at Rs. 52. In line with L&T Group’s philosophy, this indicates our intention to build a long and mutually beneficial relationship with our prospective shareholders”
361. IPORAJAIPO |   Link |  Bookmark | July 30, 2011 9:02:53 PM
if @52/=then stop payment and withdraw will be very less,but it's strange that gmp is still @1.50.what a magic.
360. poweripo |   Link |  Bookmark | July 30, 2011 9:02:18 PM
L&T Finance fixes issue price at Rs 52 a share

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New delhi, July 30 (PTI) L&T Finance Holdings today said it has fixed the issue price at Rs 52 a share for its initial public offering (IPO).
"While the IPO received good demand at different price points within the price band, to reciprocate the confidence that over 600,000 applicants have placed in us we decided to price the issue at Rs 52," L&T Finance Holdings Chairman Y M Deosthalee said in a company release.
The price band for L&T Finance Holdings'' initial public offer, which remained for subscription for three days since July 27, was fixed between Rs 51-Rs 59.
The IPO received subscriptions aggregating to a demand in excess of Rs 5,800 crore.
"We are happy with the demand that the issue generated amongst all categories of investors, particularly given the market volatility," Deosthalee said.
Most of the proceeds from the IPO will be pumped into its five subsidiaries-- L&T Infrastructure Company, L&T Finance, India Infrastructure Developers, L&T Investment Management and L&T Mutual Fund Trustees.
359. NARESH D KING |   Link |  Bookmark | July 30, 2011 8:49:08 PM
According to CNBC AWAAZ - L&T FHL IPO price fixed at Rs.52/-. This is good for investors. Now, company have left something on the table for the investors. Thanx for the management of company.
358. IPORAJAIPO |   Link |  Bookmark | July 30, 2011 8:36:16 PM
you will see a huge withdraw and stop payment, rate will be not less then @56/=
357. Uraheja2000 |   Link |  Bookmark | July 30, 2011 8:28:37 PM
AS per below link L&T Finance Holdings IPO price fixed at 52 rupees per share

http://indiafirstedition.com/lt-finance-holdings-ipo-price-fixed-at-52-rupees-per-share/

http://www.indiainfoline.com/Markets/News/LandT-Finance-Holdings-IPO-price-fixed-at-Rs.-52share/5209952286

Please confirm
356. Bosss IPO |   Link |  Bookmark | July 30, 2011 8:26:51 PM
indiafirstedition.com/lt-finance-holdings-ipo-price-fixed-at-52-rupees-per-share
355. Umesh Raimalani |   Link |  Bookmark | July 30, 2011 8:25:27 PM
hi shreedharji, this message is specially written for u.plz dont stop postong messages becoz of some senseless people.we r geetting good idea from your messages on ipo.
354. sameerjaipur |   Link |  Bookmark | July 30, 2011 7:58:06 PM
Bharat Auaja,
Even 4-5 RS will give 1500-2000 per app.There is no point of holding head in hands.
Disclaimer : I've applied 2 full through ASBA and haven't withdrawn so far.
353. Santosh. |   Link |  Bookmark | July 30, 2011 7:38:56 PM
LTFH issue price fixed @52 ...read it from money control...if correct thanks god
352. Sreedhar |   Link |  Bookmark | July 30, 2011 7:34:44 PM (900+ Posts)
cpb,
I have watched it in ET now.It is indeed correct.Thanks once again
351. Bharat Ahuja |   Link |  Bookmark | July 30, 2011 7:34:24 PM
people who have withdrawan their applications will now be holding their heads in their hands. get ready for decent listing gains atleast 4 to 5 rs.
350. Sreedhar |   Link |  Bookmark | July 30, 2011 7:33:18 PM (900+ Posts)
Sameerjaipur,
I studied in kendriya vidyalaya & Hindi is my first language.Congrats all L&T has fixed the issue price at 52.Enjoy folks.It is indeed a kind gesture from L&T,appreciate it.
349. cpb |   Link |  Bookmark | July 30, 2011 7:31:14 PM
YES SREEDHAR ITS TRUE, YOU CAN WATCH THIS ON ZEE BUSSINESS RIGHT NOW IN HEADLINES, YOU ARE THE FIRST ONE WHO TOLD BORDERS THAT LT CAN DECIDE PRICE 51 TO 56 CONGRATES, ATTRACTIVE PRICE BAND,
348. Bharat Ahuja |   Link |  Bookmark | July 30, 2011 7:30:36 PM
issue price of l&t has been fixed at Rs. 52. great news for investors
347. Durai Raj,Tirupur |   Link |  Bookmark | July 30, 2011 7:26:00 PM (300+ Posts)
Dear Sreedhar,

Thanks for ur Update on Friday.
KK has Rang me on Friday, after ur Update about Orchids Result.

I had not Expected that king of result from it...
Eps of just 2+ against 8+ of last Quarter..!!!
Alanthur plant's Problem has not been solved yet, it seems that the Present TN Government is not Favorable with the Management...
I can screen that Alanthur will be the only Problem before it now and in Yesterdays AGM, Promoters informed that they will Bring down the Pledged shares to half in few months n a Capital plan has also been announced....

Hoping the Best from it this Fiscal...
346. Sreedhar |   Link |  Bookmark | July 30, 2011 7:22:38 PM (900+ Posts)
santosh,
There is no way issue can be fixed at 59 as maximum QIB has bid is 56