Yes.. Still money in blocked status on union bank a/c. In previous ipo''s they unblocked the money on the allotment date itself.. May be they forgot this time :)
Buy L&t Infotech anywhere at 700 coz it''s now nor never & its not breaking 700 Mark downward ,!! Earlier also I have told to sit tight don''t panic !!
Oh.... at last you are back. this whole site felt dry without you. Thanks a lot for coming back & welcome home. hope, now you realize how many fans, followers and well wisher you do have.
My question on PBT exco other income is flat rather declining (bottom line) despite robust increase in Top line (operating receipt) since last many years, remains unanswered even after listing. since continuously applying in so many IPO, i had skipped L&T Infotech. I would not invest in this Company even after post listing , as they are alleged for Financial Engineering.
See the other income reported by TCS as a % of total revenue and compare the same with other income of L&T infotech as a % of total Revenue.
TCS 2015-16 Sales :108646 Crores Other Income : 3054 Crores (2.81%)
L & T Infotech Sales : 5847 Crores Other Income : 295 Crores (5.04%)
16. Aman Jul 10, 2016 2:14:30 PM IST Reply L&T Infotech Ltd IPO
The real issue is PBT exco other income is flat rather declining (bottom line) despite robust increase in Top line (operating receipt) since last many years.
In simple words (for investors who do not understand accounting/finance well) , company spend equal or more amount for every incremental operating rupee earned since last many year.
Is this not a matter of concern?
If it is not a matter of concern as per yours analysis than go ahead with subscription. I will not say anything more on this point.
Eagleye other income is not a issue extra ordinary income is a issue...... All good IT company have big percentage of income from other income if an IT company does not have other income i will be more worried. A good example is Satyam computers 67.17. Septa Jul 10, 2016 1:57:10 PM IST L&T Infotech Ltd IPO
Market never gives valuation including past others income, market always value future earnings less other income ,qib and hni have no appetite for IT shares so they may not be excited and oversubscription likely subdued from there.however retailers may seen huge.
This is news to me just go and check infosys TCS wipro HCL other income before giving such wrong info...... other income is not a worry extra ordinary income is worry
17. Aman Jul 11, 2016 9:20:53 PM IST Reply L&T Infotech Ltd IPO
I would be happiest person, if u all make good profit on listing/post listing but my question on financials on L &T infotech remains unanswered.
Happy investing to all of you. Considering such a strong appetite for this IPO , i may easily presume that people are not bothered with financial engineering done by its parent L & T.
Regarding be fearful when others are greedy And be greedy when others are fearful.
Basically now people becomes greedy (with high subscription) and some investors like us becomes fearful.
As I Estimated, L&T Info Tech Listed at Rs.667...............Enjoy Discount Price, it will fall further, IT sector will under-perform another one year. PE Investors and Promoters made money with the help of Media and Media Advisers.
I applied in Equitas or not is none of ur baby. Mind ur business. I have my own moral issues with the company n its none of ur business if I applied or not. It was my decision. However, I recommended it to everyone. So its better u get ur Santra size brain with no matter inside in order first. Point mistakes in others later.