L&T Technology Services has filed DHRP seeking approval to issue 104,00,000 Equity Shares of Rs. 2 each . Karvy Computershare are the Registrar to the issue .
The co.very good turnover and growth in last few years...so don''t worry about that... I think it is list nearly 900 to 1000... it is my own research bro''s
Bad result of Infy has further dented the prospect of a good listing. I have applied in all my capacity in hope of a moderate gain, lets see whats on the cards.
santra bro u r too much worried about lti thanx in this world u few good people r here so kindly u donot have idea so donot share with us...it will go down or up list below premium u donot worry rome was not built in one day..u also here I am also here let''s. time take for lti one day it will be bullish,it will be better. than infosys. tcs n all other it sector ameen....this is for every oone who talks rubish n bullshit .....
674.5. Haar Jeet| Link| Bookmark|
July 15, 2016 10:42:28 PM
Top Contributor (300+ Posts, 200+ Likes)
ખી ખી. ખી. ખી. . ......
Aarz hai
Ek hi ullu kafi hai barbade gulista k liye
Har sakh pe ullu baithe hai anjame gulista kya hoga.
Face value have nothing to do any where. As 10Rs face value stock available below 1 Rs and 1 Rs face value stocks are available above 1000/-. Hence EPS,book value,Market cap,sales growth,top line,bottom line will decide the rate of stock. Face value will be used to calculate dividends only. So please avoid the discussion on face value.
after lacklustre results of infy & tcs , now the new IT leader LT info will beat all expectation and grow 15%. It''s new TCS in making. Watch out for AM Naik''s baby.
669.1. gamble| Link| Bookmark|
July 15, 2016 11:34:30 AM
(1600+ Posts, 3900+ Likes)
Hcl,l&t info may give good numbers..
668. gamble| Link| Bookmark|
July 15, 2016 11:01:39 AM
(1600+ Posts, 3900+ Likes)
InFY @1060... Looks like all market wanted that lnt info should not b very low PE compared to others...:)
668.1. Khemka| Link| Bookmark|
July 15, 2016 11:19:24 AM
(1000+ Posts, 400+ Likes)
When market leader available at 16 pe then why pundits expected more than 12 pe for l&t info.like looter and transfer.
After the successful Rs 1,243-crore IPO of L&T Infotech, the diversified Larsen & Toubro group is lining up the initial share sale of another group entity L&T Technology Services.
The IPO size of L&T Technology Services is estimated to be more than Rs 750 crore. It could go up to Rs 900-1,000 crore, sources said.
The company, which provides innovative engineering as well as research and development services across sectors, has revenues worth nearly $500 million.
L&T Technology Services also offers engineering analytics, Internet of Things and automation solutions.
Ahead of the L&T Infotech IPO, group executive chairman A M Naik had told PTI in an interview that the group was already working on the listing of L&T''s "third baby" in the stock market but did not disclose the name.
"All I can say is that L&T Finance took 17 years to come to the market, and now we are coming after 5.5 years and I can assure you it (the third) will be less than 5.5 years," Mr Naik had said.
Besides parent Larsen & Tourbo, L&T Finance Holdings is also listed while L&T Infotech''s IPO closed with nearly 12 times oversubscription on Wednesday.
The erstwhile L&T Integrated Engineering Services, carved out of parent L&T in 2010, was renamed as L&T Technology Services in 2012.