L&T Finance Holdings Limited IPO Message Board (Page 27)

seenuipo retail portion subscription good ...but qib portion very poor...what u think ...

Listing rate by 64 -65 rupees.

L&T FINANCE HOLDINGS LIMITED
Sr.No.      Category      No.of shares offered/reserved      No. of shares bid for      No. of times of total meant for the category
1      Qualified Institutional Buyers (QIBs)      75382416      145134800      1.93
1(a)      Foreign Institutional Investors (FIIs)            49614700      
1(b)      Domestic Financial Institutions(Banks/ Financial Institutions(FIs)/ Insurance Companies)            85219400      
1(c)      Mutual Funds            8209200      
1(d)      Others            2091500      
2      Non Institutional Investors      31617647      195534600      6.18
2(a)      Corporates            119657200      
2(b)      Individuals (Other than RIIs)            75640800      
2(c)      Others            236600      
3      Retail Individual Investors (RIIs)      73774510      709226000      9.61
3(a)      Cut Off            630871900      
3(b)      Price Bids            78354100      
4      Employees      10204082      15608600      1.53
4(a)      Cut Off            6751200      
4(b)      Price Bids            8857400      
5      Shareholders      23529412      78940600      3.35
5(a)      Cut Off            49674300      
5(b)      Price Bids            29266300      
Updated as on 29 July 2011 at 1945 hrs

The initial public offer (IPO) of L&T Finance Holdings was over subscribed 5.19 times on the final day of issue today, reflecting strong demand from investors.
The company's IPO, which aims to raise Rs 1,245 crore, received bids for 111.2 crore shares, as against 21.45 crore shares on offer, as per data available on the National Stock Exchange till 1800 hours.
The issue is priced in the range of Rs 51 to Rs 59 apiece.
The portion reserved for QIB bidders got subscribed 1.93 times, the segment for non-institutional investors was subscribed 6.13 times and the one for retail investors was subscribed 8.64 times.
According to market experts, the offer is attractively priced, which is why it has seen such a smart response from investors.
L&T Finance aims to mop up Rs 1,245 crore from the capital market. The company will issue 21.10 crore shares under the IPO and post-listing, parent Larsen & Toubro's (L&T) stake in the company would come down to 83%.
At present, parent firm L&T holds 95.94% stake in the company and the remaining 4.06% is held by US-based private equity fund Capital International.
The IPO proceeds would be pumped into five L&T subsidiaries -- L&T Infrastructure Company, L&T Finance, India Infrastructure Developers, L&T Investment Management and L&T Mutual Fund Trustees.
Citigroup, JM Financial and HSBC are the lead managers for the public issue.
source-money control time-7.55

FINAL FIGURES, TIMES OVERSUBSCRIBED
QIB 1.93
HNI 6.18
RETAIL 9.61
EMPLOYEES 1.53
SHAREHOLDERS 3.35

subs fig is encouraging considerig the issue size.Definately ivestor will be awarded

very poor QIB subscription...it seems the issue will list at discount....SO ITS ADVISABLE TO STOP PAYMENT THE CHEQUES....WILL LIST SURELY AT DISCOUNT

Final Figures

Qib -- 1.92

Nii -- 6.18

Rii -- 9.61

Emp -- 1.52

Sha -- 3.35

QIB 1.92,HNI 6.19,RETAIL 9.62,SHAREHOLDERS 3.36,EMPLOYEES 1.53,TIMES SUBSCRIBED TILL NOW

qib - 2.23
nii - 7.15
ret - 11.12
sharehold - 3.88
emp - 1.80
total 6.17
application - 600000

grey market premium story is over. There were no any hint from grey market for the recent listed ipos birla pacific gmp was in discount but reached at 300% so what is the use of grey market premium.

lets see what will happen in l&t

retail 8.91 times till 6pm

THE FOLLOWING LINK OF ECONOMIC TIMES SHOWS THAT Rs. 2 DISCOUNT IS ALSO FOR L&T SHAREHOLDERS

http://economictimes.indiatimes.com/markets/ipos/fpos/rights-issues/lt-finance-to-hit-markets-on-wednesday-to-mop-up-rs-1275-crore/articleshow/9310362.cms

I have applied through asba (IDBI bank). Ammount already blocked. I want to cancel by any means. Can any one suggest ?

QIBs)       75382416      111758100      1.48
NII       31617647      97305400      3.08
RII       73774510      406621300      5.51
Employees      10204082      8547600       0.84
Shareholders      23529412      46747500      1.99
Total       214508067      670979900      3.13

SEEMS THEY IS SOME PROBLEM WITH THE NSE SYSTEM
MY ONE APPLICATION WHICH WAS BOOKED AT 1300 HRS WITH HDFC SEC THE STATUS SHOWED BOOKED AND THEN IT SHOULD BE TRASFERED TO NSE SITE ARE FINAL TERM COME EXECUTED BUT STILL IT SHOWS UNDER PROCESS TILL 19 HRS MY TWO APPLICATIONS BOOKED IN THE MORNING AT 10 AM SHOW THE STATUS AS EXECUTED AT 12 PM
THAT MEANS ALSO MOST OF THE QIB ORDERS MAY BE PENDING WE HAVE TO WAIT TILL LATE NIGHT TILL THE FINAL OUT COME

What is the final subscription details of Shareholders catagory?

retail subscription 9 times till now

If the subscription in retail segment is more than 10 times, then we can expect a great listing of this scrip.

all friends: stop payment and buy from gray market @1.75*500 no listing gain will be,hold for long term only