But GMP at various locations shows between Rs 18 to Rs 23
268.1. PSR| Link| Bookmark|
September 14, 2016 6:34:18 PM
IPO Guru (1300+ Posts, 700+ Likes)
If it is Rs.23/-, safely we can ignore the issue without any thought, since the maximum gain will be about Rs. 368/- per application, and on the otherhand there are chances that loss could be more than that amount
80% of the revenue comes from North America and Europe and indirectly Brexit may affect it. The company has issued rights shares at 281 Rs. to L&T- this indicates the premium being though operating history is a few years only and low base effect factor). A good bet for long term investors.
L&T FIN VALE BHE ABHI TAH PASTHA REHE HE IPO LAGAKAR ORLTI VALE BHE ABHI TAH PASTHA REHE HE IPO LAGAKAR TOTALY BEKAR MAT LAGAO IN THIS L&T Technology IPO SAVE MONEY
259. Carn Mohan| Link| Bookmark|
September 14, 2016 8:40:54 AM
IPO Guru (1300+ Posts, 500+ Likes)
yahi brokers L&T info ko bhi subscribed karnay ko bol rahy thy apna dimag lago
258. Carn Mohan| Link| Bookmark|
September 14, 2016 8:40:51 AM
IPO Guru (1300+ Posts, 500+ Likes)
yahi brokers L&T info ko bhi subscribed karnay ko bol rahy thy apna dimag lago
Instead of running the company profitably and earning ,they want quick earninga by fooling public. The book value will go up after IPO only by printing prospectus with rosy picture.Simply name does not sell. 2 days after listing, one can get at lower price.
GIVEN MARKET CONDITIONS. THE STOCK PRICE BEING PRICED ON HIGHER SIDE. STOCK IS CLEARLY AVOID AS GREAT CHANCE OF IT RULING AT HEAVY DISCOUNT. L& T INFOTECH WAS PRICED AT 13 P/E IS RULING AT 12 PC DISCOUNT. THIS ONE IS EVEN MORE EXPENSIVE THAN L& T INFOTECH.
If We were bullish on LTT that''s ok..but now as per ground report only 2-4% listing gain(can decrease to zero/ -ve also) possible ,which is not justified to block ur money ...
Plus
Tata elxsi corrects 2000 to 1500 in last 4 month
So decided to apply only for a 1 lot in LTT..
And will keep funds reserve for IPL and secondary mkt stocks.
1. L&T Tech : Only high risk and long term investors can apply (Reason : Market sentiment, high valuation, Sector sentiment) 2. GNA : Only issue with it is 8cr petition. If management is able to clarify it in a nice way can apply 3. ICICI Pru : Advantage of 1st comer, so apply based on last day figures
Mumbai: HPL Electric and Power Ltd, which manufactures electrical equipment such as meters, switchgears, wires and cables, will launch its initial public offering (IPO) on 22 September, said three people aware of the development.
The company is looking to raise between Rs.350 crore and Rs.400 crore through its IPO, said the first of the people, requesting anonymity as he was not authorized to speak to the media. “The IPO will open on 22 September and close on 26 September. The anchor book will be opened on 21 (September),†he said, adding that the price band will be finalized in a couple of days.
The anchor book is the portion of the IPO that bankers allot to institutional investors on a discretionary basis. Anchor book subscription typically opens a day before the IPO opens.
SBI Capital Markets Ltd, ICICI Securities Ltd and IDFC Bank Ltd are financial advisers to the issue.
“HPL Electric & Power Ltd has filed a draft red herring prospectus with capital markets regulator Securities and Exchange Board of India (Sebi) for its initial public offering (IPO) on February 25th, 2016. The company has received the Sebi clearance in May 2016 which is valid for a year. The timing of opening the IPO will be decided by company in consultation with BRLMs (book running lead managers),†the company said in an emailed response.