The firm can be compared with listed entities such as Tata Elxsi and Cyient. At the upper end of the price band at Rs 860, the PE for L&T Technology at basic FY16 EPS of Rs 43.52 stands at 19.76. On a diluted EPS basis, the PE of the firm stands at Rs 26.79 a share. This is against a PE of 37.8 for Tata Elxsi and 14.7 for Cyient
64.1. Chem cho| Link| Bookmark|
September 3, 2016 2:28:09 PM
IPO Guru (2600+ Posts, 2700+ Likes)
Khemka , IT is your baby and not mine , you made him angry all time HE wanted to step in shoes of eagleye and he said so in writing in this forum but was kicked out by modulator , for writing against modulator He tried to write in some other forum , but they are more strict there also he tried to argue
64.2. Chem cho| Link| Bookmark|
September 3, 2016 2:29:16 PM
IPO Guru (2600+ Posts, 2700+ Likes)
sorry is for RKS
63. Chem cho| Link| Bookmark|
September 3, 2016 10:01:27 AM
IPO Guru (2600+ Posts, 2700+ Likes)
RKS WHAT IS YOUR VIEW OF L&T TECH , YOU HAVE FAILED IN L&T INFOTEC
63.2. Khemka| Link| Bookmark|
September 3, 2016 11:19:23 AM
(1000+ Posts, 400+ Likes)
Chemcho,your friends right now in agra don''t disturb him.😜😜
63.3. Chem cho| Link| Bookmark|
September 3, 2016 2:29:52 PM
IPO Guru (2600+ Posts, 2700+ Likes)
3.1. Chem cho Sep 3, 2016 1:28:09 PM IST Khemka , RKS IT is your baby and not mine , you made him angry all time HE wanted to step in shoes of eagleye and he said so in writing in this forum but was kicked out by modulator , for writing against modulator He tried to write in some other forum , but they are more strict there also he tried to argue
The present grey market premium is Rs/-75 and it will shoot up shortly . Issue will at-list be subscribed 4 times (No. , of app wise) in retail and even if going the present grey market premium of Rs. 500/- per application the grey market premium is Rs. 125/-. .
Act as per your wisdom AND ITS LISTING GAIN WILL BE SIMILAR TO iNDIGO ipo WHICH NO BODY WAS APPLYING AND RETAIL PORTION WAS NOT FULLY SUBSCRIBED. DO NOT MISS THE OPPORTUNITY OF WORLD CLASS BLUE CHIP COMPANY . THROUGH THE RED HARRY PROSPECTUS. As per latest balance sheet in RHP, the EPS is Rs. 45/- approx and will at least list at the PE of Rs. 25/-. It is a future Tata elexi,Honeywell type company. Total equity base is apprx. 2.2 crore shares after IPO. No equity disillusion in this IPO. Only L&T is offloading certain shares as promoter for listing purpose.. Great future. It is my experience. I applied in INFOSYS IPO which was not completely subscribed and underwriters had to bail out the company and initial investment of Rs. 9500/- infosys for 100 shares is more than Rs. 5.0 crore + lacs of Rupees dividend . Great chance. do not sale onlisting for prettu gain and wait. Rs. 13760/- investment for 16 shares of L&T Tech can make you any thing. Good luck
Incorporated in 2012, L&T Technology Services Ltd is Mumbai India based third-party ER&D (Engineering, Research and Development) service provider . L&T Tech provide services to manufacturing, technology and process engineering companies to help them develop and build products, processes and infrastructure required to deliver products and services to their end customers. Information in this paragraph is provided by chittorgarh.com, India''s No. 1 IPO Investment Portal.
L&T Tech derive 80.2% of its revenues from customers in North America and Europe. The majority of its work is executed by employees based out of delivery centers in India using an offshore delivery model. This gives L&T Tech a competitive advantage in terms of talent pool availability and lower costs compared to it US and European competitors. Company have 12 global delivery centers in India and overseas, 27 sales offices in India, North America, Europe, the Middle East and Asia and 31 labs in India. Company have 8,000 engineers serving over 200 customers.
L&T Tech operate in five industry segments; transportation, industrial products, telecom and hi-tech, process industry and medical devices. Company offer design and development solutions throughout the product development chain and provide solutions in the areas of mechanical and manufacturing engineering, embedded systems, software engineering and process engineering.
The ER&D services help customers reduce time-to-market for their end products and services, innovate to create new products and solutions, reduce cost of development and meet increasing regulatory requirements more effectively. Company have filed 34 proprietary patents and 134 patents have been filed by its customers along with its employees.
L&T Tech leverage the strengths of its parent company, L&T, a leading Indian conglomerate in technology, engineering, construction, manufacturing and finance, which has provided the company with a broad engineering and design heritage. Visit chittorgarh.com for more detail.
Official announcement is as per expectation. &T Technology Services, the subsidiary of engineering & construction major Larsen & Toubro, has fixed a price band for its 1.04 crore shares public issue at Rs 850-860 per share. The offer by engineering research and development (ER&D) services company will be opened for subscription on September 12 and will close on September 15. L&T informed exchanges yesterday that the red herring prospectus filed by the subsidiary company with the Registrar of Companies, Maharashtra, Mumbai, has been approved on September 1.
As this co is related to core business of parent l&t, need to have a look into it. Past issues of l&t fh and l&t info were not related to it''s core business.
52.6. NRI Investor| Link| Bookmark|
September 3, 2016 12:41:20 PM
Top Contributor (300+ Posts, 300+ Likes)
How come EPS of Cyient is 26 ????
June EPS is 6.58 Consolidated.
And expected EPS for FY17 would be around 32
So, CYIENT''s right PE is 15 only.....
I wouldn''t buy L&T at 22 PE at all, It is AVOID for me, and will be available in discount after listing... Also, as always L&T never left anything in table for retail investors.. Check past IPOs....