L&T Technology Services Ltd IPO Message Board (Page 21)

Fair value not more than Rs 500/ in this falling market be careful retailers.

Nifty preopen 130 minus..!!

When famous expert advise against market trend then it means discount listing ?

Avoid avoid avoid

Today Ad in timesofindia, they tell promoter acqusition price is 103 Rs and selling it at 860 Rs.

clear avoid. Buy after 15 days of listing at around 8-10% discount like L&T Info.
Heavy fall in nifty today!!!. Better to avoid all 3 IPOs.

Loot lo technology ipo....please avoid

I have seen this trends early 2000 in famous Y2K and internet booth news then was all INDian IT jobs will be lost all indian IT company will face big losses.... However just the opposite happened. IMO this cloud technology which many say will disrupt the Indian IT companies with buzz words like artificial intelligence, cloud, analytics and big data IMO Indian IT companies will be forerunner in this face of IT development so All this correction is good time to buys these IT company

@Septa: I totally agree with what you mentioned but I guess the bigger question is the valuations. I did a quick comparison of L&T Tech (LTT) and Tata Elxsi (TE) and below are my thoughts:
The P/E of L&T is ~27 at the offer price of 860 while that of Tata Elxsi (TE) is ~31. TE is trading near to its 52 week low and I won''''t be surprised if it breaks 1500 on the downside soon which will bring its PE under 30. At PE 30 what you getting is a better and bigger brand, TATA, better margins (~23%) as compare to LTT (~17%), better RONW, ~40% as compared to LTTs ~38%, no debt etc. Based on my analysis, Tata Elxsi at < 1500 is worth more than LTT at 860 and based on the current numbers, I don;t think LTT should get better valuations that Tata Elxsi.
I think it''s better to buy TE at ~1500 if someone is thinking of applying for LTT at 860. Please let me know what you think.

@ Septa

I believe revenue increase due to acquisition of company and it looks like financial statement representation on consolidated basis not stand alone.

LnT group bogas hai

LTT SERVICES LOOKS MUCH COSTLIER.MANY PEOPLR DO NOT KNOW THAT IT IS A Rs 2.00 FACE VALUE. THUS IT IS VERY RARE CHANCE TO GIVE LISTING GAIN.THUS I WILL SUGGEST FOR NOT APPLYING THIS IPO

Kya krna chaiye

kisi ko kch nhi pta

sabke mann me darr hai ki ye shayad discount me list hoga firbhi sab apply karenge

L&T Technology Services IPO to open on Sept 12; 5 reasons why "NAME OF BROKING HOUSE" is bullish
By: FE Online | New Delhi | Updated: September 9, 2016 1:37 PM

L&T Technology IPO, which is going to hit capital markets on September 12, has got thumbs up from brokerage firm

1) LTTS trades at 21 times 2015-16 earnings per share (EPS) at upper-end of issue price band. On considering strong growth potential of LTTS, which is ahead of some of the industry peers, coupled with over 38 per cent return on equity levels in FY2016, FY2015-16 average cash flow from operations of Rs 446 crore and, strong dividend payout, Angel Broking believes LTTS stock has the potential to trade at premium to the peers.
2) LTTS stocks have been priced at 19 per cent discount as compared with the 3 peers.
3) The company is a leading global pure-play ER&D company is likely to benefit from under-penetration and expected increase in India’s market share in outsourced ER&D space.
4) LTTS has been carved out of L&T’s IES and L&T Infotech’s PES division in 2014. If we just take segmental revenues from both entities, before LTTS was carved out, then LTTS reported 23.1 per cent revenue CAGR (compounded annual growth rate) during FY2013-16 to Rs 3,066cr. This growth is after reducing Rs 111 cr of revenues in 2015-16 for some non-performing accounts. LTTS is pursuing multi-pronged growth approach, which could possibly drive the earnings growth, going forward.
5) Over the next few years, top 100 ER&D spending is expected to grow in to a large market opportunity for LTTS.

let us know what to do for L&t ipo and GNA ipo

L&T iNFOTECH IPO is being traded with discount.Even IPO L&T Finance brought around five years back has not done well. Hence there is every chance that this IPO will not do well and investors can have an opportunity to buy at hefty discounts if at all they want to buy this scrip after it get listed.

more info about l&t tech click here https://www.sptulsian.com/article/89477/lt-technology-services

Strange Thing: No security agencies are giving subscribe for this IPO one day before opening. I think ppl are waiting for market clue and subscription level for right few days. I doubt retail may not be 100% participation so whoever will apply will get allocation. Just FYI, I am avoiding this IPO and if it list in discount than will buy from market. Lets see. All d best who are applying.

Sour grapes can be sold only once in the market.

SEBI MUST STOP L AND T GROUP FROM IPO EVERY 6 MONTHS THIS GROUP EARN FROM PUBLIC BUT GIVE ONLY LOSS TO INVESTORS

this time may or may not discount listing ?

if so, public should not apply.. what SEBI has to do with it?

Discount listing or listing at 900 no profit

GMP CRASHED 30-35

in this issue, retail punters unlikely to make multiple applications and therefore, I am going to apply for a lot, there may be good chance to make money