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L&T Infotech Ltd IPO Message Board (Page 58)

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177. kingsuper |   Link |  Bookmark | July 4, 2016 1:49:21 PM
Eagleye is on rainy vacation she will come after mgl will reach 600+ as she said
176. IPO Run |   Link |  Bookmark | July 4, 2016 1:41:04 PM
Why its face value just Re. 1?? Not 10 or 100.
175. RAJA HINDUSTANI |   Link |  Bookmark | July 4, 2016 1:23:54 PM
IS THERE ANY RETAIL DISCOUNT ? OR ANY PREFERENTIAL ALLOTMENT JUST LIKE BIOCON GIVE TO SYNGENE ??
174. rahulabhishek |   Link |  Bookmark | July 4, 2016 12:04:47 PM
todays gmp rate lnt pls reply eagleye and septa sor
173. kingsuper |   Link |  Bookmark | July 4, 2016 11:52:28 AM
What happen to all what is kostak and gmp of l&t
I think no one is intrested in l&t
172. JAY MATAJI |   Link |  Bookmark | July 4, 2016 11:40:18 AM
buy buy idbi target 81 keep sl-71
buy buy ongc target 250+ sl-225
buy dena bank target for 50+ sl- 37.50
171. IPO SANTRA |   Link |  Bookmark | July 3, 2016 11:49:45 PM
L&T info MD changes before IPO all top management change. L&t info directors abused female Employee. L&T withdraw 1500 fresh application. Company showed pink slip to 190 employee. Still If you want to apply then you Brave People.
171.1. gundu anna |   Link |  Bookmark | July 4, 2016 5:21:10 PM (500+ Posts, 100+ Likes)
if they are giving pink slip when employee not need, and if it is true, than I will definitely invest in the IPO.... that is good for investors.....
170. IPO SANTRA |   Link |  Bookmark | July 3, 2016 11:34:43 PM
Dil pai maat leina......

''BAAD MAI NA KEIHNA BABY PIEHLE DEDDU WARNING L&T GEIRGA TILL 600 ON THE LISTING...JEEE BHAR KAI BECHLE BABY BECH BECH KAI CHOUD DE, BROKER POLICE BULALAIGA TOH YAAR TERAI KAAR LEGA HANDLE''
170.1. Ashish Khater |   Link |  Bookmark | July 3, 2016 11:35:52 PM
IPO Mentor IPO Mentor (600+ Posts, 400+ Likes)
Lolzz
Jai Jinendra....Jai Shree Ram
170.2. Praveen Prasad |   Link |  Bookmark | July 4, 2016 8:30:36 PM
:-)
169. MahiMahi |   Link |  Bookmark | July 3, 2016 9:02:05 PM
look like this ipo is not good option to invest in, ant counter part??
168. Rkg |   Link |  Bookmark | July 3, 2016 6:56:11 PM
Top Contributor Top Contributor (500+ Posts, 200+ Likes)
Dear CLD sir,you have made a sincere effort to put some sense in the minds of people with "Innocent Qs".It is bound to fail,they will go on repeating Qs.and funny quarries ,till you drop dead. Forget it.
168.1. CLD |   Link |  Bookmark | July 3, 2016 7:27:03 PM
Top Contributor Top Contributor (500+ Posts, 100+ Likes)
Dont answer them. They will get frustrated & then they will read FAQs.
168.2. Vivi |   Link |  Bookmark | July 4, 2016 12:07:37 PM
Yes. Sincere Effort CLD.
167. purshottam |   Link |  Bookmark | July 3, 2016 5:49:55 PM
Listing Date please
167.1. CLD |   Link |  Bookmark | July 3, 2016 6:21:18 PM
Top Contributor Top Contributor (500+ Posts, 100+ Likes)
Click on my name "CLD" & read FAQs. You will get answer
167.2. Mumtaz Hussain |   Link |  Bookmark | July 3, 2016 11:45:36 PM
After 1 week of closing
166. purshottam |   Link |  Bookmark | July 3, 2016 5:34:52 PM
Can you please tell me listing date of L&T Infotech IPO
165. gururaj desai |   Link |  Bookmark | July 3, 2016 2:51:08 PM
Both current account & s/ B a/c with sweep in/sweep out are not allowed under ASBA.A plain vanilla a/c is needed
165.5. Aman |   Link |  Bookmark | July 4, 2016 12:39:36 AM
you cant apply through OD FDR Account.

First transfer money from OD FDR to Saving Account than apply through Saving and if not allotted, re transfer money to OD account after lifting the lien by bank.

I am also doing the same thing
165.6. BabuLal |   Link |  Bookmark | July 4, 2016 2:45:49 PM
ASBA means amount is blocked in your account once you apply for IPO. This means that you cannot withdraw this blccked amount. It does not matter which type of account you have. The only thing should be taken care while applying that you have sufficient balance in your account for the quantity of shares you apply.
164. tushar |   Link |  Bookmark | July 3, 2016 1:34:04 PM
Rajeev ur view on power finance corp or power grid corp ? Both the stocks in my track ...which one is best to buy for long term
163. CLD |   Link |  Bookmark | July 3, 2016 11:43:29 AM
Top Contributor Top Contributor (500+ Posts, 100+ Likes)
FAQs responces.

10 applications can be submitted only through 2 bank accounts in the same bank or differant banks provided that particular bank allows 5 ASBA applications in an account. Such facility is not available in HDFC, Yes bank etc.

One respose has come that one can apply in a current account. What is the experience of others in this regard ? Let me know so that FAQs can be modified accordingly.
163.1. seenuipo |   Link |  Bookmark | July 3, 2016 6:44:23 PM (200+ Posts)
Thank You CLD sir, for me the Federal Bank of India is allowing 5 applications from one account upto 2:00 PM and another bank Corporation Bank is allowing upto 4:00pm. I am having accounts in both banks. So as per your version I can put 5+5=10 applications in both banks duly keeping sufficient amount.
Does it not violation of rule if any, 5 applications person/PAN card??.
162. mehul mehta |   Link |  Bookmark | July 3, 2016 11:22:55 AM
Not good clarity on earnings of l and t infotech
162.1. Khemka |   Link |  Bookmark | July 3, 2016 11:29:52 AM (1000+ Posts, 400+ Likes)
Not good clarity of your post too ~:-)))
161. Arup jamshed |   Link |  Bookmark | July 3, 2016 8:55:39 AM (900+ Posts, 300+ Likes)
CLD JI,GOOD CONTRIBUTION,IN L&T INFO WHAT AMT RII MENTION FOR 1 LOT,@14200 OR 14000
161.1. CLD |   Link |  Bookmark | July 3, 2016 9:18:40 AM
Top Contributor Top Contributor (500+ Posts, 100+ Likes)
14000
160. CLD |   Link |  Bookmark | July 3, 2016 1:02:23 AM
Top Contributor Top Contributor (500+ Posts, 100+ Likes)
Frequently asked questions on IPOs by retail category
???????????????????????????????????????????

Q1: what are different ways of filing application ?
A: You can do it either online through net banking or offline by submitting physical application

Q2: How many applications I can submit through online net banking from one bank account ?
A: You can submit maximum five applications from one saving bank account but it may vary from bank to bank with some banks having their own conditions.

Q3: Can I apply from current account ?
A: No. The application will not be processed by the bank

Q4: Can one apply from sweep in/out saving bank account ?
A: You can but the application amount should not involve sweeping.

Q5: What is important to see in bank balance at the time of applying ?
A: There should be a clear minimum cash balance equivalent to application amount in the bank.

Q6: Can I apply in the name of family members & friends from my saving bank account ?
A: Yes you can apply.

Q7: Can I apply more than one application in my name from different saving bank accounts in the same bank or different banks ?
A: No. If you do, then all your applications will be rejected.

Q8: What important things are to be seen in an application ?
A: It should be unique in three things below. These should not get repeated in any way.
1. Name of sole 1st applicant
2. PAN no.
3. DP ID + Client ID

Q9: If I have joint DP account whom I should consider for applicant ?
A: The application should be submitted for Ist name in the joint account with his/her corresponding details like PAN, DP etc.

Q10: Can I apply in the name of Minor or HUF ?
A: Yes you can apply as guardian of minor or Karta of HUF.

Q11: How many lots should I apply to get maximum allocation ?
A: If the issue is good, then it is bound to get over subscribed. In that case no matter how many lots you have applied, you will get maximum one lot that too in a lottery system. So you should not apply for more than one lot in a good issue.
However, in an IPO which may turn out to be good or bad, where subscription is less than or equal to one time in retail category, then you will get as many lots as you have applied subject to Rs. 2 lakh limit.
In this case it is however a high risk proposition. You may lose a large amount of money.
In nutshell, in order to be on safer side, it is advisable to always apply for one lot only in all cases.

Q12: I had applied full lots upto Rs. 2 lakh but was not allotted any shares. There seems to be manipulations. Is there any way say change to a particular bank or DP, applying 1st day 1st hour etc. to get allotment ?
A: No there is no such thing. As per new SEBI rules, whether you apply for one lot or full lots you stand equal chance to get only one lot in lottery system if retail category is subscribed more than one time. However, if it is subscribed less than one time, then you will get all the lots you have subscribed. So far lottery draw is concerned, it is drawn on a highly sophisticated superfast computer system where you cannot have any manipulations.

Q13: When I should expect allotment ?
A: After one week of closing date for subscription

Q14: When I should expect credit of shares in my DP ?
A: After 1 to 2 days of allotment

Q15: When I should expect release of funds in my bank ?
A: After 1 to 2 days of allotment

Q16: Will the funds get released automatically in my account ?
A: In most banks it is automatic however in some banks like HDFC, it has to be done yourself if you have applied online from their net banking.

Q17: When I should expect listing of shares ?
A: After 2 to 3 days of allotment

Q18: Upto what time I can apply for IPO ?
A: In online application it is 1 PM, 2PM or 3 PM. You have to check it for individual bank. Some banks also extend the time when there is huge subscription rush. In physical application through your broker, it can be 5 PM extendable as above. It is advisable not to wait for time extension.

Q19: Should I submit three bids for one lot each at three different bid prices in one application ?
A: This will not be beneficial. You should submit one bid only at cut-off price.

Q20: If there is a discount, at what price should I subscribe ?
A: In online bidding, the system will take into account discount offer automatically when you make bid at cut-off. In physical application, you will be asked to write bid price, discount & net price. You have then to take net price into account for calculation purpose.

Q21: I have not marked cut-off but has given bid price at upper band. Will it matter in any way ?
A: No. It does not matter

Q22: Why should I bid at cut-off
A: Because your application will always be considered for allotment whatever will be the final allotment price

Q23: If the price band is reduced but I have already applied in original band & amount stands blocked already, then what should I do ?
A: You need not do anything. If you get the allotment, then excess amount will be refunded to you after the allotment.

Q24: How can I Know allotment status ?
A: You can get it from the website of the registrar of the issue.

Q25: How can I know the subscription figure at any time ?
A: Check “NSE bid details” of the issue from https://www.nseindia.com/products/content/equities/ipos/homepage_ipo.htm
Also check “BSE demand schedule” of the issue from http://www.bseindia.com/markets/PublicIssues/IPOIssues_new.aspx?expandable=8&id=1&Type=p
Add the two & you will get the figures at any time during the day. Total figures at the end of a day are however displayed directly on these sites at 5 PM.

Q26: What is meant by Kostak ?
A: Before an issue lists, brokers & individuals purchase the application from investors at a price which is called Kostak. Application is sold at Kostak irrespective of whether or not shares get allotted to that application. The transaction in this case is made at any time.

Q27: What is meant by GMP ?
A: Grey market premium (GMP) is the amount per share which an investor get from the broker or individual who buy them before listing of the shares which might get allotted in his application. The transaction in this case is made only after shares are allotted.
160.12. niceplaywins |   Link |  Bookmark | July 3, 2016 4:40:39 PM
even for quess corp
160.13. BADAYA |   Link |  Bookmark | July 4, 2016 10:24:38 AM
@niceplaywins
sir you submitted your form ...your bid was successful in bse as it shows....but from there it went to your bank...where the funds were not blocked

So you saw ur bid as successful....
159. IPO SANTRA |   Link |  Bookmark | July 3, 2016 12:04:16 AM
Dhakan IPO hai 500 pai hogai list looosss hoga RONA mat
158. Sudarsan Sarma M |   Link |  Bookmark | July 2, 2016 10:48:03 PM
I want to purchase the L&T IPO shares
Anyone please guide me , how to get this.