L&T Finance Holdings Limited IPO Message Board (Page 25)

cpb,
If it is right aapke mooh mein ghee shakkar.

BREAKING NEWS
ACCORDING TO ZEE BUSINESS NEWS
LT PRICE BAND 52 RS

Sreedhar i think issue fixed @ 59 due 2 promoters greedyness ...if so then what happens....applicants will get a chance to exit above 60 not not at 9.15-9.17 ie initial trading session...

BREAKING NEWS
L&T HOLDING PRICE BAND DECIDED
RS 52 FOR RETAIL IVESTOR

ENJOY ENJOY

MADE STOP PAYMENT OF CHEQUES OF ALL OF MY 5 APPLICATIONS OF RS. 194700/- EACH.

THIS ISSUE WILL GO DEEP IN RED AFTER LISTING. SO ITS BETTER TO KEEP AWAY AND BUY FROM THE MARKET LATER ON AT 40-50 RANGE.

LIKE ALWAYS POOR RETAIL INVESTOR WILL LOSSE MONEY IN THIS ISSUE ALSO

Replace PFC with PTC financials in my previous post

LTFH issue has received bids for 114.44 crore equity shares (i.e. around Rs 58.36 crore worth of shares at Rs 51) against approximate issue size of 21.45 crore shares.

navfame,
Unfortunately for you, as I have said already I have applied L&T by cheque expecting Inventure refund which I have got.My strategy worked as expected So in practice I have utilised my money very efficiently.2 IPOs using single source of money.In that way I have maximised my returns but unfortunately I have not yet decided to do what to do with this.
It is not a case of sour grapes as I also have stake in this.I will short exactly 1 lakh shares post listing if its issue price is given at 59 which they anyhow cannot give now.I will still withdraw at 56 becos from my UKG mathematics of PE & EPS I still find it costly compared to the peers as the QIB did after this UKG mathematics & do not expect more than a couple of rs at this price & I will apply for India info NCD.Only below 55 I will hold my applications.
if L&T slides below issue price it will easily drop 10 rs at the end.

It is a pity you are comparing a good issue coming at higher valuations.A speculative company like RKDL which gave 80 K per application on listing is any day better than company like L&T,PFC,Ramky,Jaypee infratech ,A2Z engineering which I had predicted will definitely list below isue price & slide heavily.Go check my post on Lovable,Jubilant etc which I said will give bumper gains.
I am not a fool to hold RKDL like companies any day other than listing day.
Truth anyways tastes bitter,L&T has come at higher valuations & there are no QIB takers for it.I said long before Inventure will give more profits than L&T & it will definitely give.
I know which shares will give long term gains go check Lovable,Talwalkars,SKS(predicted its doom),Jubilant food works board message board.
I post a message based on my perception what is good or bad.It does not mean I have a vested interest in it.I said I do not like L&T becos I found its valuations always stretched,Now do not say L&T has created such a wealth.Every company which is a new born is like an infant,innocent & Godlike.It has been postponing its IPO for the last many months due to poor markets,Even 6000 Nifty is poor for it.That way you can understand its greed.

NO BUYER EVEN AT PAR OF UPPER END.

.25/.50

IT IS .5-.75 PAISA

gmp 1-1.5rs.

Respected Sreedhar

Thank you very much. Many of my friends are in a mood to withdraw the issue due to low rate of subscription in QUB portion compared to other issues. Your forecast and reasoning in fixing the price band of the issue by the L& T Finance has given hope to the investors who are alarming and made them to rethink their withdrawal of the applications submitted. No doubt Yours is a nice analysis and good work @ 331. I once again say thanks to you

Friends,
After the insipid issue of L&T ,look forward to a high growth,high potential niche issue in the mode of Jubilant food,Talwalkars,Lovable(which had a peer in page industries).
Tbis is a preschool company called Tree house which is showing exponential growth & will continue to grow.It will come with expensive valuations but will still be fancied

I have applied for 3 lots. When the retail subscription is 9 times, does any one out here believes that I will end up getting a single lot?

Friends,
I have checked the bidding data in the exchanges.There is a good news for all of you.QIB have bidded total around 1444 lakh shares.Out of it around 620 lakhs bidded at 51 & remaining have bidded at 56.So L&T must give it at 56 or below,there is no other alternative for it.Since half of QIB have bidded at 51 if people are lucky it may even fix at lower band or somewhere in between.56 is confirmed. No way above 56 will be given.Rest assured.
It was only due to the retail investor this Issue sailed through,so as a responsible company on which the retail had such confidence,it should do a return favor to the retail investor by fixing the issue at lower band of 51 & ensure the issue is success.
L&T has to dis-invest few more companies like L&T infra etc so this issue success is very crucial for its reputation.Otherwise it will meet the same fate as future ventures or ADAG companies.No one will touch it even at face value.Hope better sense prevails on it.

issue subscribed more than 8 times in retail
6 times in Non Institutional Investors
2 times in Shareholders
.6 times in Employees
1.9 times in qib
(all above are at cut off price only )
why they will fix prise below 59
issue price will be fixed at 59
correct me if i am wrong.

QIB (read FII) were subdued to this issue from L&T stable which raises eyebrows. We have seen in the past stupendous response from FII's to average and above average issues. But they simply cold shouldered a top notch issue. Even the response of MF's was not that encouraging. Look at the names in the anchor investor category, the usual biggies are absent. Retail has given full mandate to this IPO which is due to the goodwill L&T has commanded over the years and rewards showered on shareholders. Its a high quality management which gets reflected in the response from all categories. The return upon listing may not match with CIL but its a long term theoryand will reward those with patience. However, its going in discount is remote.

The sense I get from bidding details is that maximum bids are made at 55-57 level hence if allotment is done at 57-58 levels it should add to comfort level of investors. retail is likely to get 345-350 shares and shareholder category will get 1000 shares (+/-10). Don't get confused by the quantity of holding in L&T - which is counted only in right issues.

Dear Mas,

In your comment 323, you have mentioned point 4)Emp has lock in period ...... which is not correct.

MAS- 323 :
I think you are not correct abt Shareholders' allotment being as high as worth Rs.65000 .
A shareholder will get near about his entitlement only, depending upon the shares he/she is holding in the parent coy AND NOT just 1/3 of Rs 2,00,000/-.
Pl correct me if I am wrong.....