L&T Infotech Ltd IPO Message Board (Page 53)

      L&T Infotech Limited - Allocation to Anchor Investors      
            
1      AUBURN LIMITED      22,53,540
2      FIL INVESTMENTS (MAURITIUS) LTD      2,81,700
3      HDFC TRUSTEE CO. LTD.      5,63,400
4      PRUDENTIAL ICICI TECHNOLOGY FUND      2,11,280
5      BIRLA SUN LIFE MUTUAL FUND      2,81,700
6      RELIANCE CAPITAL TRUSTEE CO. LTD       1,40,860
7      THE NEW INDIA ASSURANCE CO.LTD.      2,81,680
8      MAX LIFE INSURANCE CO LTD A/C PARTICIPATING FUND      1,40,860
9      NTASIAN EMERGING LEADERS MASTER FUND      1,08,840
10      BNP PARIBAS ARBITRAGE      1,40,880
11      INDIA MAX INVESTMENT FUND LIMITED      70,460
12      GLOBAL STRONG GROWTH FUND      70,440
13      GENERAL INSURANCE CORPORATION OF INDIA      1,40,860
14      SHRIRAM LIFE INSURANCE COMPANY LTD      1,40,860
15      TATA AIA LIFE INSURANCE CO LTD       70,440
16      HDFC ERGO GENERAL INSURANCE CO LTD      70,440
17      STAR UNION DAI-ICHI LIFE INSURANCE COMPANY LIMITED      70,440
18      RELIANCE GENERAL INSURANCE CO LTD      70,440
19      SHRIRAM GENERAL INSURANCE COMPANY LTD      70,440
20      UNION BANK OF INDIA      70,440
            
      Total Allocation :- 52,50,000 Shares       
            
      Total Amount :- 372.75 Crores      

Septa sir,what''s your final decision based on anchor allotment???????? I hold Precision camshaft.... Good days are yet to come ......
Sugar sector gave mega returns during the last 6 months. ..& hardly any mutual fund houses own sugar stocks......Most of the profits have gone to the pockets of retail investors.....

Septa sir it is just gear making co.


Auburn Gear, LLC was organized in 1982. As a former division of a major US manufacturer it has almost 60 years of gear manufacturing experience at this location. Customers served are international builders of vehicles and machinery for the automotive, truck, bus, aerial lift, agricultural, light and heavy construction, mining, forest products and marine industries.

Capabilities include full line design, development, test and manufacture of a wide range of geared products. Facilities include development, gauge, gear and metallurgical laboratories. Production facilities on premises include capability for turning, gear cutting, spline rolling, heat treat, shot peening and finished grinding. Shipment of product to customer certified quality standards is made on a just in time basis. Application engineering capability in collaboration with customer engineering departments insures optimum product performance.

Somebody please post the anchor bidding details of L&T Infotech........

Invest ya stay away in L&T IPO ?? GIVE ME ADVICE

What a turn Around
Quess 183 Seller
Advance 385 Buyer
L&t 80 Seller

is application amount is Rs.14000 ???
please reply

20* 700 = 14000

What is kostak rate of l and t.

Hi, If want to apply in NI quota of ard. 10Lac , if there any surety no. of minimum shares we get ???

What is the kostak of l&T & enjayem

L&T Infotech Ltd offers discount of Rs 10 is applicable to "HUF" Bidders or only applicable for Retail Individual Bidder?

HUF applying below 2 lacs will be RIB and eligible for retail discount

Thanks Arun Ji

A look into this group''s last ipo.
L&T FINANCE HOLDINGS listed in August 2011.
Price band was 51-59
Sub ratios.
Qib=1.9
Nii=6.1
Rii=9.6
Issue price was fixed at 52.
In retail category, one who applied full for 33 lots was allotted, 353 shares, as per prevailing allotement formula at that time, ie, no of lots applied÷oversubscription ratio×lot size.
Listed at 53.85,which was also days high in nse, closed at 50.05.
It was a long & frustrating wait of more than one or more years, for it to cross issue price.
Recent L&T INFO issue, had it priced at 650, ie 14p/e of average last three years eps, 40+45+56=141÷3=47×14=658,would have left something on the table for investors. Though it may give marginal returns.
If you observe any ipo, last year''s eps will be more than preceeding two year''s eps.
Obviously, some window dressing is done in run up to the ipo!!!!!

Forex gains helping last year profits spurting, books seems not doubtful .

Thank for sharing us full information..
Thinking for not apply this issue..

apply in l&t will get allotment

L&t application rate

L&T Infotech IPO
GMP 81 - 83 (low volumes)

Larsen 79-81

Quess 187 Seller
L&T 85 Seller
Advance 370 Buyer No Trade

187-192 quess


80-82 l&t

370-390 advance enzime

This is good for a small listing gain taking in to account all the negatives. Fact remains that pricing leaves scope for a small gain to successful bidders.This issue can not be compared with PCL etc.It is much better than that. Agreed that it may not be an investment stock

Hi Eagle Eye,

Could you please tell me how the IPO gets alloted to Retail Investors.
I heard that in the first phase the registrar tries to give at least one lot to all the retail investors and then if they have extra lots after distributing, they choose lottery to distribute the remaining lots.
Is my perception is correct?
But I see in lot of IPO''s i get 0 lots but some others gets 7 lots. How is it justified?

why can''t* they(registrar)

typo

Application for 1 lot or full lots are all taken at par for lottery allotment , if u are lucky may get 1 lot in 1 lot application and if bad luck may get 0 in 2/3/5/8/10/full lot application . That''s why make 1 lot application only . In any case maxm allotment will be 1 lot only irrespective of any quantity application made for

People apply in IPO for min. 25% returns, in this case no one is sure of even 10%, how come then this becomes an opportunity to apply or even hold as mulitbagger for long term.

Right from starting I have told that this is a flop IPO, even experts are divided on applying, if you read Moneycontrols report.

I have not allocated any Quess shares eevn though I applied for 3 different PAN no, but still I will not use tat money for L&T.

Anzyme looks better.

As a registrar linkintine,i will not apply any application .

Septa Sir avoid L&t u made loss in PCL it will also loot

yes u r right i made loss in PCL i got it wrong bcoz i thought market leader with 28 PE has got more leg up which i was wrong. However the L&T at 12.5 PE we have valuation comfort compare to Peers so i will go with L& T end of the u do not get all right but u have ur guideline if they fall in that parameter i will buy and L&T info falls in my parameter so i will apply.

With PCL i have already booked loss last financial year and still have loss on books with reverse trade i will not add more however longterm i and bullish given it is in growth sector

Septaji , would you please compute the fair value of L&T INFOTECH ???? Thanking you in anticipation. ...

Just looking at 2016 EPS of 58 which gives it a PE of approx 12 which IMO is a very fair discount so listing will be around 800 to 850 give a PE of 14 to 15 so fair value is Rs 760. I would apply also if HNI is below 10 i will also apply in HNI..... RII should apply