L&T Infotech Ltd IPO Message Board (Page 46)

Low Risk Low Return IPO. Company is not getting any proceeds from the IPO so not sure how one is talking about acquisition from IPO money. It is an exit option for existing shareholders. Historically this is a company whose growth is sub par as compare to industry and peers, so comparing with industry PE of 17.5 does not make sense. However at PE of 12 there is not much downside. Most of the IT organizations have zero debt and significant book value but since company has given high dividend (read to promoters) there is not much value in the books. A reasonable valuation for this organization is not more than PE of 14-15 which leaves an upside room of 15-20% post listing. This is not a stock for long term but no harm in applying for IPO, take a 15-20% return and exit on listing.

Nice.

Don''t apply Avoid qib is just to trap Poor

Hi, I have a Query regarding share buyback for Sun pharma.... whose record date is 15th july 2016.

How do i participate in buyback offer of Rs 900/share ?

can someone elaborate on the process ??

U can only sell 1/300 shares in the buyback...practically u cannot participate.

Is there any benefit of applying as HNI in terms of allotment possibility?
And what is the eligibility to apply under HNI quota?

First Day Subscription Fig.@ 5:00 P.M.:

QIB = 1.76X (EXCLUDING ANCHOR)
NII = 0.19X
RII = 1.38X
TOTAL = 1.66×

FORMS (APPROX) = 1,66,692

Anirudh Sir,

That is because people are applying for more than 1 lot per form therefore this disparity

Interesting.....

many people are applying for more than 1 lot.

it menace new people are applying as regular people know very well that no benefit for applying more...

or it may be mind game!!!

Advanced Enzymes IPO
GMP 375 Seller

L&T Infotech OPO
GMP 60 Seller

Quess Corp IPO
GMP 185 Seller

Can we remove application after applies online Asba? Please answer urgently I will getting lost to see the all comments please eagly eye and septa ji what to do ?

yes ofcours you can. go to manage ipo application option edit it

You can remove or edit application upto issue closure only
After issue closure you have to contact regstrar ie linkintime

I would be happiest person, if u all make good profit on listing/post listing but my question on financials on L &T infotech remains unanswered.

Happy investing to all of you.
Considering such a strong appetite for this IPO , i may easily presume that people are not bothered with financial engineering done by its parent L & T.

Regarding be fearful when others are greedy
And be greedy when others are fearful.

Basically now people becomes greedy (with high subscription) and some investors like us becomes fearful.

So you are saying that this company is not good to inverse then we will see that Mutual fund will invest in it or not


Can you plz answer what is wrong with financial statements

No Major MF invested in this IPO.

Most of the investors under Anchor list are Insurance companies and Auburn (42% anchor share )

Regarding Financial engineering done by company, read my earlier post.

Dear all


View on L&T IPO

1) Grey market premium started at RS 122 and continuously coming down and presently trading at Rs 75.
2) Face value of the share is Rs 1 and hence at Rs 700 it seems bit costly.
3) HNI demand is reasonably Ok.
4) Anchor investors are also not that attractive.

L & T is a strong brand but I feel some negativity in this IPO.

I would rather suggest to sell your application instead of applying on the brand name of the company.

Be Careful...

Hello
I have a small query, their is a rs10 discount for retail investors. What would be the cut off price we should bid for? Is it 710-10 or full 710?

You may tick cut off in the form and give amount @700/- per share only for retail.
If you are applying On Line, it depends what option available in software, mostly they block full amount on highest bid price. However, the debit shall be done @700/- only.

In icicidirect, even if you select the cutoff price, bid value shown is based on Rs710 and amount payable is based on Rs700, hence you should be good if you select cutoff price to get Rs10 discount unless you want to bid for less.

Market is very much bullish seems about lnt info...
Yaar...fir se allotment nai milega...itni negativity k bad bhi log kyu apply kr rahr hai?? LOL...

69. gamble Jul 9, 2016 11:09:57 PM IST Reply
L&T Infotech Ltd IPO

gamble (Jul 9, 2016 10:41:58 PM IST)

For: L&T Infotech Ltd

What are ur expectation on qib,hni data ??..

Khemka (Jul 9, 2016 10:55:29 PM IST)

For: L&T Infotech Ltd

Qib 2/3 times, hni 4/5 times probably


Mine are (probably)
qib 12/18x
Nii 25/30x.


Now we can put xtra zero after qib/nii data !!

Retailers will be huge '' this line was cuts from original. Retailers 10 times expected.
Retailers will continue to apply heavily until they don''t get another punch of pcl types of listing.

Already rs 150+ than it''s actual price. So i prefer not to apply. Listing in discount only 1lac%.Be careful guys.

QIBs 40 times
HNIs 150 "
Retail 4 to 5 "
will be

Qualified Institutional Buyers (QIBs)      : 1.76
Non Institutional Investors       : 0.19
Retail Individual Investors(RIIs)       : 1.38

Total : 1.23

NSE data: Updated as on 11 JuLY 2016 at 1700 hrs

Now every critic is silent....Subscription figures a slap on their face...hahah

WELL said

i will apply

The subscription numbers are superb for day 1...Let us wait till wednesday and watch if QIB can cross 20 x....then i will go for it....

TO Eagle eye

at what price range it should be listed, according to your analysis.

Plz post day 1 sub

QIB      1.76
NII      0.19
RII      1.38
Overall      1.23

MGL & Quess me 10 -10 lot apply kiya tha but allotment NIL raha, than aab kitna apply kiya jaye??

Only one is sufficient from one PAN card to get the allotment. There''s no point to apply 10 Lots for getting the allotted because of over subscription and no. of applications.