L&T Infotech (Incorporated in 1996) Face Value Rs 10 issued at 710 trading around 650/ L&T Technology (Incorporated in 2012) Face Value Rs 2 issuing at 850-869 think what could be the listing of this co which is mere four year old. Example is there of earlier issue which was of twenty year old company. and FV is just rs 2 instead of 10.
LTT paid Rs 5 per share dividend for the three month period beginning from 01-04-2016 to 30-06-2016. This results in Annual dividend of Rs 20 per share. At Rs 860, its dividend yield comes to 2.32% which is more than TCS, WIPRO, ELXSI, CYIENT and at PAR with INFY
L&T Techno Services'' mega IPO with offer price of Rs 850 to Rs 860 to open on September 12 ICICI Prud Life Ins'' Rs 5200 crore IPO is likely to open on September 19 DHFL''s NCDs issue closed on the second day with robust response GNA Axles'' Rs 150 / 200 crore issue may open on Second week of September SREI Infra Fin''s Rs1000 crore NCDs issue to open on September 7
RBL - After the listing, Merrill Lynch bought 30 lakh shares taking the stock prices to Rs316. RBL may repeat history of Yes Bank, so the stock attracted investors.
As per RHP dt 31/8/16 Bid/Offer Programme BID/OFFER OPENS ON September 12, 2016 (Monday)(1) BID/OFFER CLOSES ON September 15, 2016 (Thursday) The Anchor Investor Bid/Offer Period shall be one Working Day prior to the Bid/Offer Opening Date
Finalisation of Basis of Allotment with the Designated Stock Exchange On or about September 20, 2016 Initiation of refunds (if any, for Anchor Investors)/unblocking of funds from ASBA Account On or about September 21, 2016 Credit of Equity Shares to demat accounts of Allottees On or about September 22, 2016 Commencement of trading of the Equity Shares on the Stock Exchanges On or about September 23, 2016
‌Comparison with Listed Industry Peers Name of company Face value, CONSOLIDATED BASIC EPS, DILUTED EPS, NAV, P/E on basic eps., P/E on diluted eps, RONW%
Fundamentals: The company reported a profit after tax of Rs 434.23 crore for FY16 compared with Rs 315.17 crore reported for the previous year, registering a 37.17 per cent growth. Revenue for the year grew 14.84 per cent to Rs 2,969.40 crore compared with Rs 2,585.62 crore in FY15. Average return on net worth stood at 34 per cent for the past three years against 40 per cent for Tata Elxsi and 17.4 per cent for Cyient. The attrition rate at the company stood at 12.1 per cent ..