L&T Infotech Ltd IPO Message Board (Page 64)

MOneycontrol states 10 % discount to retail investors Too true to be believed or is it a typo error instead of Rs 10 per share discount it is 10 % discount on final price . only time will tell Yesterday Narayana Murthy was , on CNBC, narrating an incident when Infy listed its shares on NASDAQ . I bankers were ready for a price of $ 45 or even $ 50 Murthy settled for $ 34 leaving plenty for investors . Did it influence L& T management to fix lower price band and a more than liberal discount to retail category ? Will the other issuers pick up any lesson from it ?

Refer my posting earlier today ...



Eagleye Jun 29, 2016 12:40:00 PM IST
L&T Infotech Ltd IPO

what if the price band is 710 ???

u really got ears to the ground eagleye great job thank u. BTW even at 710 it is rightly price upside will be around 25% however happy with retail discount i should apply

eagleye. aap jo bhi ho genious ho lage raho sukriya

705-710 very attractive price band + 10% discount(if any).wow...must apply...forget about negative listing....

If not discount for retailer than also apply..nothing to worry about..u can skip quess if u want, not this one.

its Rs 10 not 10 %

I am bit confused on the news 10%discount in retail quota , price band 705-710

how this company has become so dear to offer Rs 71 DISCOUNT , un believable

money control .com has made some mistake

Report on Moneycontrol is written by some reporter who tends to make mistakes. This is what is written on NSE website.

Larsen & Toubro Limited has informed the Exchange vide letter dated June 29, 2016 "With reference to our earlier announcements dated April 12, 2016 and June 28, 2016 in relation to the proposed Initial Public Offering of Equity Shares of our Subsidiary, L&T lnfotech, we hereby wish to inform that the Price Band has been fixed between Rs 705 to Rs 710 per equity share. A discount of Rs 10 per equity share will be offered to retail individual bidders".

So it is Rs. 10 discount not 10%

YES SEEMS SO , AGREE

MR NAIK Cannot be so dear to retail public , this time he has not given shareholder quota , i feel very bad

Clarify and confirm price band and retailer/like us discount??

It is not a only retail discount bt it is a employe retail discount. So its only 4 employe quota

L&T Infotech Ltd IPO

Price band: Rs.705 - Rs.710

Retail discount of Rs.10 per share

If anyone wants to buy in the grey market, please reply with your name, phone number and offer. I will make contact

its Rs 10/share not 10 %

LNT price band fixed 705-710
Retail investor 10 % discount

L&T Infotech Ltd IPO

Price band: Rs 705- Rs 710

Retail discount of Rs 10 per share

Source: NSE India website

The company has fixed price band for the issue at Rs 705-710 per share and offered 10 percent discount to retail investors on issue price.
According to money control means 639
At upper side for retail after discount

The company has fixed price band for the issue at Rs 705-710 per share and offered 10 percent discount to retail investors on issue price. The issue, which will close on July 13, is an offer for sale by promoter L&T that holds 94.96 percent stake in the IT company. Hence, the company will not receive any proceeds from the offer.

Read more at: http://www.moneycontrol.com/news/ipo-upcoming-issues/lt-infotechs-175-cr-shares-ipo-to-openjuly-11_6946501.html?utm_source=mc_news_notify

Advance Enzyme IPO on 4th - 6th July
Correct news ?

Septa sir ....please guide on Nhpc if you can.....i hold it since allotment at 2000qty* 36 and in previous 2 to 3 month it has rise from 18rs to 25 rs andrecently i sold at 24.5/-
But many people are saying that it has bullish vision in future.....should i enter again......
Please guide if you can

Price Band 705-710 WITH Rs 10 discount for retail.

Not rs 10 its 10 percent

Upper Price band may be 685!!
Its a 1200 Crores ipo

Mgmt of this Co. has fixed upper band price at Rs.800 with fv of Re.1. Against this infosys is trading at about 1200 with fv of Rs.5, TCS at 2500 with fv of Re.1, tech mah at 500 with fv of Rs.5, wipro at 550 aget fv of Rs.2 and hcl tech at Rs.700 angst fv of Rs.2. I don''t know financials of the Co. but don''t expect also them to be better than any of these five Cos.

Your statement .. "Mgmt of this Co. has fixed upper band price at Rs.800 "

... has it been officially declared ??

Then how come this website is displaying details including price band of this ipo?

I am buying and selling pre IPO shares of L&T Infotech and all other unlisted shares. Please visit buysellunlistedshares.com for more details

I tried calling, but no body answers. Can you provide your number please?

L&T Infotech is an average, mid-sized IT services company without any major differentiating competitive advantages or portfolio mix. Its exposure to fast-growing services (IMS, digital, engineering services) is low and its lower revenue and EBIT per employee suggests that the work LTI does is relatively low-end as compared to peers. The company has been plagued by management churn over the last five years and has a sub-optimal organization structure (parallel chains of command for delivery and sales). The new CEO, Sanjay Jalona (Infosys veteran, are highly positive) however has a tough job ahead.

LTI’s exposure to enterprise applications segment (most vulnerable to the cloud) is higher than peers (25%)

IMO Fair value is around 985 mark with 25% margin of safety is around Rs 740

So IMO the issue price should be around Rs740 on upper limit or blow given the head winds IT industry is facing

With regards to GMP on 135 i think is little overboard however one can apply since IPO market is in bull run share like INfibeam which is dog fundamental is quote at 60% premium is insane
so one can apply however fundamental upside will be very limited

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Go get Maximum Chance of Allotments
I am new to the IPO/Stock market.
when the ipo is over subscribed.
Can any one tell me that it is advisable to apply with less number of lots but multiple applications with different applicant or single application with full lots.
For. E.g -
I have 2 Lakh rupees to invest in Quest then -
1. Should i apply 1 lakh rupees on my name and my wife names
OR
2. Apply 2 lakh rupees on my name only.
In which case the chances of allotment are more.


Thanks in Advance.

With SEBI change in guideline for IPO the best strategy is just put single lot in ur wife name and ur name if u have more accounts then in ur family and friends name put single lot at cut off price.

L&T price band 750 or below.
Forget 778-800
Septa ji
Plz find fair value

Take price band apx 725.
At 800 Its aggresively priced

now market grapevine is saying 710 price band ...

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