i assume there will be no blockbluster listing in this issue though it is likely to be oversubcribed more than 30 times,may good for long term.price may double in 6 month if issue price is fixed around 58
If anyone have any idea about how I can apply my eligible shares under L&T shareholders category. Is there is any application form sent by the company in which these application can be made during the IPO period. Also share your knowledge on whether I can apply as a Retail investor in this IPO separately. Please tell me about your valuable information on this. Also I would like to know whether I can apply through online application route in this IPO for both Shareholder and Retail category. Please enlighten me on these issues.
thanx Sreedhar for your crystal clear guidelines.One more query i am share holder of L&T, will i get information(Application form) from the company regarding my share holder quota. Can i apply in retail category also. thanx with regards.
Dear friends, Here are key points in this IPO (For friends who have doubts): 1)Total Issue size is 1245 Cr 2)50 cr employee reservation 3)125 cr reservation to L&T share holders 4)2 rs discount will be given to employees & shareholders. 5)Eligible shareholders are those who hold shares on 15th July which is the date of filing RHP
72. Chem cho| Link| Bookmark|
July 21, 2011 6:38:12 PM
IPO Guru (2600+ Posts, 2700+ Likes)
ALL THE PERSONS WHO HOLD THE L&T SHARE WILL BE INFORMED BY THE COMPANY ALONG WITH THE APPLICATION FORMSBY POST THIS WAS DONE LAST MANY YEARS AS EVERY BODY WHO IS AN SHARE HOLDER WILL NOT BE ABLE TO NOW THAT L&T IS COMMING OUT WIHT AN ISSUE OF L&T FINANCE I HOPE THE RULE ARE NOT CHANGED AS INTERNET BOOM HAS COME MOST OF THE VERY OLD SHARE HOLDERS ARE NOT IN TOUCH WITH THE SHARE MARKET SO I FEEL THAT EVEY BODY WILL BE INFORMED IF 20JULY WAS THE DATE OF FILING THE RED HERING PROSECTUS THEN THOSE WHO HAVE PURCHASED SHARES ON 20 JULY SHOULD BE ELIGIBLE FOR THE SAME LET WAIT FOR THE PROPER CLARIFICATION
hello everybody, can anybody tell that in what ratio the existing share holders of L&T will get the share of L&T finance holding i.e if i have 10 shares of L&T than how many share i will get of L&T finance holding. Secondly can i applied in both retail and reservation quota.Finally can i apply through ASBA in both retail and reservation category.