Can anyone please throw some light on how allotment will be done in L&T Shareholder quota. Will the number of L&T shares you hold be considered while alloting the L&T Finance shares. For e.g. if two investors have applied for 2 lacs each. One of them hold 100 L&T shares and other 50 Shares. So will both of them get same number of L&T Finance shares or the one holding more will be alloted more number of shares?
Good to see you again on board providing good help to brother IPO investors. I hope you will continue these services in future. There are very few people who care of other people without any self interest. So keep it up.
WELL SAID STAR IPO KING. THE OVERALL SYSTEM IS IF YOU HAVE POWER & OPPORTUNITY, USE THE LOOPHOLES & LOOD PUBLIC. EVEN IN RECENT TIME MOST OF GOVT IPO ALSO ENDORSED THIS ACTIVITY.
RETAIL INVESTORS MUST BE GIVEN SHARES AT LOWER BAND. IT WILL GIVE BIT SAEFTY.
IN INTERVIEW L&T FINANCE HIGHEST MANAGEMENT TOLD ( STILL CAN FIND IN INTERNET0 THAT THERE WILL BE RS.2 DISCOUNT TO EMPLOYEES & SHARE HOLDER. FOR SHAREHOLDER RS. 2 DISCOUNT IS ANNOUNCED IN PAPER BUT FOR SHARE HOLDERS OTHER THAN SOME RESERV QUOTA, THERE IS NO DISCOUNT MENTIONED ANYWHERE.