Sir when is the allotment and listing of L&T Infotech Ltd.I opted for 280 shares.Is there any chances of getting any lot on allotment. please advise Thanks
IPO Opening Date: 11 July 2016 IPO Closing Date: 13 July 2016 Finalisation of Basis of Allotment: 18 July 2016 Initiation of refunds: 19 July 2016 Transfer of shares to demat accounts: 20 July 2016 Listing Date: 21 July 2016
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July 14, 2016 1:57:31 PM
IPO Guru (2500+ Posts, 2700+ Likes)
L&T wants to sell other holding companies , some day or the other , so it will not allow things to happen at list on the listing day , as it has a bad name in listing of L&T finance , it had to revise the rate and the rate fell to Rs 40 due to adverse market conditions , all the ratios , profits , discussed in the forum are of no value , when the market is at higher levels , Mainly operators play the game , According to me i fell valuation play an role , when the market is down , so we decide that this share may be good at a particular PE , profit , dividend yield PE ratio profit , dividend yield , at what level to buy may vary from person to person For me as on today L&T infotech is good value at Rs 700 ,( with stop loss of Rs 650 ,BSE at 27000 minimum ) and listing gains of Rs 740 - Rs 750 some say it will go down to Rs 500- Rs 600 an so on , it has to go down some day or the other , considering L&T from rs 1888 17 July 15 to low of Rs 1016 0n 12 feb 16 and now trading above Rs 1550 - 1590 range since last few days
Don''t believe on subscription figure even Indigo and Parag have less subscription. It''s 1200 Crore ipo not Quess Corp of 400 Cr ipo, it''s 3 times of Quess
How many shares will be allotted for application of 280 Shares? Also is it confirm that every application of 280 Shares will get at least one lot of shares i.e will be allotted 20 shares