L&T Infotech Ltd IPO Message Board (Page 42)

Raghuram farewell nearing and small financial bank share falling like ujjivan and equitas . Pangadiya looking to be new rbi governor he seems bjp favorite.

Equitas at 165 or 160 would be a great buying.

Will b wait till 165..i thought ki sold equitas is my big mistake..(because of RBI licence).. But now happy to buy if goes to 160

Apply for listing gain

any buyer of application

Septa sir and other experts like uchit, eaagle rks, chemcho,

1. Can this L and T can be applied for listing gain. Even 2000 rs listing gain is fine for me?

2. If not for listing gain, what is the future gain?

Tell me urgent so that i can decide time is only til noon

OK what is your opinion now qib 9.6 x

Shivajee apply. Sell on listing day immediatly on listing. If u delay it will fall below issue price. Profits can be made in this but u have to be quick.

L&T Infotech business model is no different from any other IT companies. Also if you adjust for the the forex gain of Rs 280cr for FY16, the adjusted EPS for FY16 comes out to Rs 41.1. At the upper price band of Rs 710, the stock will trade at 17.3xFY16, 16.0xFY17E and 14.8xFY18E earnings which is expensive compared to its large and mid-cap peers.

I still feel that the stock will list at a premium due to the following:
i) strong parentage
ii) no IPO in the IT space since 2010 (after Persistent Systems)
iii) Funds would diversify their IT portfolio due to lack of other strong substitutes
iv) Probably the last IT company (in near future) to come out with IPO
v) As Mr Naik would be retiring next year, he would want to retire on the high note with the success of L&T Infotech which he considers as his brain child. He is making every effort to reach out to QIBs to apply with full force and make the IPO as grand success. Also, L&T Technology and L&T Hydrocarbon are stated to come out with IPO in the next one year. So future of it would depend on the success of L&T Infotech.

Appreciate your analysis.

Thanks Gravitas.

@shareipo: Haven''t checked L&T Tech financials in detail so no idea.

Fear and Greed are at play in this IPO. Currently greed appears to be slightly ahead. We will know for sure at EOD!!

anyone willing to buy 1 application ?

Wat price u want to sell?

kid bawkoof ko fair value Rs 300 lag rahi hi.
fair value ka meaning samajhty ho.

To me the issue was worth applying , and so i have applied on the first day with 6 family accounts at 11am ,
On listing one can decide whether to hold or sell , This also to be an mini lottery ,

People on the last days ask whether to apply or not , The issue is announced 8 - 10days prior to opening by then you should have made up your mind
CEO of company will change , MANAGEMENT will try to bring new persons , hope the best or sell the share , later
If you feel that the rate is higher ,do not apply

Expect atleast 11-13 times in retail

VALUE INVESTER 13 TIME 40 LACS FORMS IMPOSSIBLE

Risky points of L&T infotech

The company is highly exposed to segments such as BFSI (contributing ~ 47% of the net revenue in FY 16). The banking industry is in stress worldwide due to slow growth in the economy. Further, pressure on banks to improve their asset quality and margins may impact their spending on technology development. Thus, this will affect the revenue of the L&T Infotech Limited.
96.9% of the revenue comes from repeated business that means the company is largely dependent on existing customers. Any disputes with the existing clients will have a severe impact on the profitability of the company. Citi Bank (contributed 14.9% of the revenue in FY 16) and Chevron (accounted for 5.9% of the revenue in FY 16) are two largest clients for the company from the past 10 years.
L&T Infotech has a history of unstable management with four CEO/COO exit in last five years. In addition, some members of the senior management are involved in legal proceedings which may impact the performance of the business in the coming years.
The company has a higher attrition rate of ~18.4% (FY 16) as compared to an average of 17.5% attrition rate of the top 5 IT players in India for the FY 16.The company has to find the measures to reduce its attrition rate because it will impact the turnover and increase the employee cost of the company.

I WANT TO SELL MY APPLICATION

70% work in USA. USA ban hence EPS now 15 rs so fair value 300 so stock to retail 700 list price 300.
Mehul EPS 15 what is fair value then. Co. Remove 50,000 employee last year due to no order

Wa ipo satna tumne proof kar diya ki tum ek mahan analaysies ho tumse yahi umdeed ti.

Lol ... 50,000 employee removed. Can''t stop laughing. Entire L&T group might not have that kind of employee strength and you are saying 50,000 are removed. Awesome scale of imagination

Hi visa cancel IT firms ban in USA. L&T 21 seller
OK it means listing at discount retail loss withdraw fast application. As soon as possible save money stay away apply extra force in advance ipo. I will not participate on L&t due to extra qib which has under table setting with promoter also promote of L&t info change every year so corruption in company over stating profit A BIG AVOID

what is maximum Rs for individual (should i decrease discount from cut off price) to apply for L& T ipo.
i applied for 14*20*710=198800 Rs
Is it right??

Max Retail value is Rs. 2,00,000 and you should be good with Rs.710. While deducting the amount Rs.10 will be applied and deduction will be based on Rs. 700

Drashish once the issue get oversubscribed apply single lot is this best strategy

If GST bill pass then listing @ 800 +

What a illogical connection.

Did u understand that L & T or other IT companies will not face any change on implementation of GST.

They are in export of service business and this business neither attract Excise nor Service tax.

A bill has been placed in US senate to stop Indian and other IT companies to appoint H1B and L1 visa holder in USA , if more than 50 H1B visa holder is already working in USA and more than 50% workers are H1B or L1 visa holder in that company.

The bill has been placed by 2 Democrat senator.

I think , this VISA issue is raised now due to upcoming presidential election in USA and no country would accept that their local jobs are captured/hijacked by external persons. Due to these IT companies, Americans lost lot of job opportunities and have anger for the same.

Check this link for more info on the bill introduced.

http://www.computerworld.com/article/3094126/it-careers/after-12-years-seeking-h-1b-reform-rep-pascrell-tries-again.html

nothing to worry IMO

what is gmp of l&t infotech

Any one here is tracking "Transformers and Rectifiers India" ? Any view on this

Allotment date and listening date pls reply fast