L&T Infotech Ltd IPO Message Board (Page 62)

आज का भाव क्या है?

Dear All,

Please take the excitement out of your thinking temporarily. L& T would most probably open at discount after listing. Understand the following first:

* The proceeds is going to the parent L&T and not ploughed back to L&T Infotech. This means that the listing is more of an ''divestment'' rather than anything else from the parent''s angle.
*The P/E is tempting at 15.43 but if you do a you comparison you would actually known that the adjusted P/E is 12.61 which means that the share is not opening at discount but at a premium! (Sure not the premium of Infosys or a P/E of 20)
* The company is not much diversified from its client''s perspective. It is not 68% dependent on BFSI sector which is a little worrisome as the company was incorporated to address the engineering sector solution. Its top 5 client accounts for 45% of its revenue and 70% revenue is from US and Europe and the situation of US or Europe is not quite encouraging.
I am not saying it is a good investment, all that I am saying is that one would get a better price in secondary market post listing. That is all. Invest for long term.
Secondly, it is just a matter of time before that RBI slashes rates and one would see the Rupee slide further. This is a favourable news for L&T.
So do your own thinking and invest your hard hard(not hardly) earned money

please comment , whether DP account name & BANK account name should be identical for applying IPO

No need. You can apply through any of your relative or friend''s account number.

However, there is a limit of 5 application from the same bank account number.

Sir,
Please advise whether shareholder of L&T will get some preferential treatment in allotment or rate?
With regards,

Ashok Kumar Arora

Any information on L&T Infotech IPO meet to be held in Mumbai?

Rate of L & T per application in Ahmedabad is 800.

Jaipur ke kostak rate ???

L&t info kostak price Ahmedabad?

Moderator

Discount for retail individual investor is Rs. 10 per share and NOT 10 per cent.

Market lot of 18 shares seems to be wrong. It should be 20 or 21 shares.

Please verify the detail and correct the informaation.

Kostak 800-900 Ahmedabad.

Discount is 10 per cent or Rs. 10 per share???

Different news article showing different discounts...

The discount is only 10 rs not 10 %

The discount is only 10 rs not 10 %

Septa Sir , Eagleye mam & other respected members, does the Face value of Re1 matters???????? Alkem face value is 2 & it got a stellar listing @ an issue price of 1050. Please reply members....

Had the face value be rs 10,there would have been better chance for corporate actions in long run such as stock split ;bonus etc.....
I know ITC with a fv of re1 has recently declared bonus .....but these are exceptions......

FV of Rs. 1 has no scope for a share split in the future. But it does not prevent a profitable IT company from declaring high dividend and Bonus. Since you say ITC is an exception, please do look again at IT space itself. There are several companies who give good dividend and also Bonus and regular intervals on a FV of less than Rs.10. HCL Tech, Mind Tree, TCS, Infosys to name a few. This issue by L&T Info being a sale of shares by promoters does not dilute the EPS, and is a positive. What FV of a share has got to do with market valuation is beyond me. PE is calculated on EPS and not on FV.

I am going to apply for LT infotec, one lot...

http://myinvestmentideas.com/2016/06/l-t-infotech-ipo-review-should-you-invest/

Moderators please amend ur quote of 10% discount to RIIs.

Fair rate 500 retail it will looot
L&t finnce suck life i will apply quess with double power and skip l&t FV 1 RATE 700
Ca have knowledge of rate fair. Fake rate in grey.
Grey is to loot retail

for argument sake lets take the fair value is 500 which gives it a PE of 12 for 2015 earning IPO SANTRA can u show me a mid size or large IT company listed in India with such low PE of 12 . IMO 700 is a good and fair price which will reward investor one has too remember A M Naik wants this to be successful bcoz many more subsidiary have been lined up after this IPO by parent L&T. This IPO will give a return to retail investor IMO

Ok u open my eye l&t apply doible force good ipo avoid quess ipo.
Septa say correct imo fair value 740
40 rs gain
40*20
800 gain per application . Focus on l&t forget quess. Advane enzyme ipo appply

My broker message. No confusion now.

Price Band
Rs. 705/- to Rs. 710/- per equity share.

Face Value
Rs.10 Each (“Equity Share”)

Bid Lot
20 Equity shares and multiple of 20 equity shares thereafter.

Retail Discount
Rs. 10/- per Equity Share.

It is a copy paste of E-mail receipt.

I have asked for clarification on FV from broker

Hi Eagleye,
Approx. 700 rupees the share price and the face value of 1 means, the share price is actually 7000rupees at face value of 10. Don''t you think so its a quite expensive IPO. pls. let me know if i am on the wrong path, awaiting for your reply.

L&T Infotech IPO
GMP 110 - 112 (Falling!!!)

In ½ hour only...10 rs drop.???...interesting...do u call broker every minut for GMP??..very hard work ..keep it up..

Now 117-119

L&T Infotech IPO
GMP 121 - 123

No matter issue price is 700 or 800 or , but gmp will be same 120 . Its prove gmp is just a manipulated by operators ,

your comments on gmp anirudh bhagava question ____eagleye madam

L & T Infotech Ltd.

IPO Update

Promoter: L&T Ltd.,

Offer Opens On: 11/7
Offer Closes On: 13/7

F.V.: Rs.1
Price Band: Rs.705 - Rs.710
Retail Discount: Rs.10 Per Share

Bid Size: 20 Eq Shs

Issue Size: OFS 1,75,00,000 Shares.
Rs.1227.63 Crs at Lower Band & Rs.1236.38 Crs at Upper Band.

Allocation: 50% QIB, 15% NII & 35% RETAIL.

Listing: BSE & NSE.

It''s only Rs.10.The article also mentioned Rs.10 only

They had changed their article now

LARSEN & TOUBRO INFOTECH LIMITED
(Refer Page No 379 of RHP dated 28th June 2016)

08/July/16 – Participation by Anchor Investors
11/July/16 – Bid/Offer Opening Date
13/July/16 – Bid/Offer Closing Date
18/July/16 – Finalisation of Basis of Allotment
19/July/16 – Unblocking of Funds from ASBA Account
20/July/16 – Credit of Equity Shares to Demat Account
21/July/16 – Commencement of Trading on NSE/BSE

It''s link intime so schedule like belpw
Finalisation of Basis of Allotment- 20/July/16
Unblocking of Funds from ASBA Account
21/July/16 – Credit of Equity Shares to Demat Account
22/July/16 – Commencement of Trading on

Linkin time chor company hehe ya kisi neta k relative ki company he, tabi sebi allow karti he also ghatiya company ko