Sir,but it''s hard to find such companies.... If an ipo is good one it shall oversubscribe manifold times & most of the genuine investors (who are applying not for listing gains) hardly get any allotment....& if it is bad ipo ,everyone shall get allotment & it will surely underperform .....
this one was big issue was over subscribed many time from memory 30 times plus also it was one big IPO scam a group a smart operator open close to 6500 bank accounts demat account Those days PAN was not mandatory After this scam PAN was made Mandatory. I am still holding have added more over the years after financial crisis i thought YES bank will disappear however it went up from lows for 208 crisis
also i got notice from SEBI bcoz i had applied in few accounts with same address had to send statutory declaration forms and bank statement to prove all r genuine person....
Why there is no employee quota in L&T infotech ??? They have huge employee base ... Really i am not able to find any valid reason ... Experienced boarders plz help...
A. It is an OFS by the promoter company at a premium. B. There is quite a large outstanding ESOP which will be utilized only after liquidity is provided post listing.
Few people habits of fighting with other and some fools habits of dragging others in their fighting.IMO such fools enjoy it for time passes .investors want to earn few thousand bucks not to see fools fighting.
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July 12, 2016 5:14:50 PM
IPO Guru (2500+ Posts, 2700+ Likes)
There are many marketing guys around , who want an particularly IPO issue to sail through , and when we give negative opinion , on IPO they will tray to betray us so how or the other , Hence now a days i have stopped writing , to avoid controversy
how many times over subscription l & t infotech is expected to post at the close of the IPO? All of you give your ideas. Please also provide assumptions of the probable listing price.
Any how the issue is subscribed , The LM can close the issue today itself and allocate unsubscribed of HNIs to Retail and QIB in the proportion applicable . I donot know why HNi borrow money and apply to get minimum shares . By doing so finalization can be done early and listing early. But only losers are the Registrars if their fees are based on number of applications processed.