L&T Infotech Ltd IPO Message Board (Page 66)

What about books ??

First of all as per my experience every one says his company is bogus , however good the company may be , giving higher salary , perks , etc , good balance sheet , less debit ,
secondly if the company is bogus last four years you are working , and not changed the job , are you working in India or USA ,if in USA or any other country , you stay in the company is justified , if in India , you should have changed the job and switched to good companies of your choice , where in you get visa and work in USA , you will save lot of money ,
if JR and fours of stay is justified , with out MBA , I CAN understand, you will be frustrated, but no option ,
MY only suggestion is wait and watch your company grow , and apply in employees quota

pl do not leave you job and join 3 grade company even if they are giving good salary , promotion, L&T INFOTECH IS GOOD company

hi i have offer to Join L & T infotech ltd , should i not join ?

Chem Cho,
I am stuck up in this co as jobs in IT sector are hard to come by in Mumbai. I have location constraint, but thats my prob.
Considering the co, I am surprise by your over confidence in it. FYI, I was part of project which worked with CEO office for the IPO, I doubt you have more insider news then me.
But I would appreciate that you please apply as we wont this IPO to sail through.

BTW why haven''t they provided any Employee discount? Employee quota is going to be filled by only those Sr. Delivery heads who have no option but to get retired from this co.

I slightly aware of your issue and you want to stay in MUMBAI , so you have no choice but to work in this company ,
DO you feel Reliance is an good company to work , for your kind information it is the worst company , to work ,85 % of staff is stressed most them are having high BP and sugar , Their boss is loitering IN Ambanis office and come at 15 to 16,30 pm and assign you work saying urgent and you stay in the company till 10 pm and next day you have to report at 10 am , NOW NO OVERTIME PL

every company has it story
be happy with your company good think is that they have driven Ambani OUT OF THE COMPANY , OTHER WISE YOU WOULD BE OUT OF COMPANY

THIS time they do not have share holder quota , of L&T , last time it had in L&T finance

share market people are also aware of working of MR NAIK but he is still better than Mukesh , and Anil is still better than MUKESH I AM TOLD AND AWARE IT WAS PLEASURE TO WORK WITH DHIRUBHAI AMBANI AND I AM AN WELL WISHER OF DHIRUBHAI I STILL HOLD RELIANCE AT RS 10 FACE VALUE BUT SOLD 50 % AFTER DHIRUBHAI DIED

Remember every company is good company as long as you get your salary in time ,

Dear IPO watcher,

1. You sound like nothing more than a disgruntled worker
2. If your expert analysis is correct, the companies financial results over the last 4 years disagree with your opinion.
3. Large scale project awarded to L&T InfoTech as recent as May, news on the L&T InfoTech website - Elkjøp Nordic AS selects L&T Infotech as its strategic partner for Infrastructure Management Services
4. They have not awarded employee discounts to all employees because its reserved for folks who have deserved it Or are strategically important to the organisation Or do not go on public forums and criticise the company
5. Location is an issue, let me list a set of IT companies in Mumbai - Cognizant, Deloitte, Accenture, Capgemini, Reliance, Wipro and this is just from the top of my head.
6. Sr. Delivery heads have more options than you "believe" they have. But any employee who has made a substantial difference will prefer to get rewarded, not just expect a windfall of money because they are an employee.
7. shareipo - join L&T InfoTech or don''t join is your personal choice. My opinion about the company is good as I know business leaders who have retired from it. They have nothing but good things to say about the firm. they are very meritrocratic but it comes with its own share of nonsense, but one would expect that in any organisation.
8. IMHO, remain bullish on L&T as its part of a larger conglomerate, so should continue to do well. Its on target to join the billion dollar revenue club, making it too big to fail (classic example Satyam, after all the rubbish, people who held on to the stock have gone on to make loads of money).
Regards.

ALL BABA I agree with you ,
but i feel that even if you work hard your BOSS will take the credit of your work , and he will show that this is done by him , more over many times it happens spoon feeders take the credit and they get the discount in employees QUOTA , He may be betrayed by his boss ,

But this time share holder of L&T are disappointed as RHP does mention share holders quota , for L&T infotech as it was in case of L&T finance

161250000 * 800 = 12900 CRS

IN 2014 NP WAS 996 CR WITH 300 CR EXTRAORDINARY ITEM IN 2015 NP IS AROUND 769 CR WITH 8 CR EXTRAORDINARY PROFIT SO ON 2015 THE PE IS AROUND APPROX 17 PE

Industry P/E ratio* Average: 20.4x Highest: 25.1x Lowest: 17.7x FOR LARGE AND MEDIUM IT COMPANY SO THEY HAVE LEFT GOOD 15% ON INDUSTRY AVERAGE IMO THE RETURN WILL BE AROUND THAT NOT SURE ABT PRESENT PROFIT

Approx 5750 Crs

EAGLEEYE R U SURE 5750 IS MC AFTER THE ISSUE MUST BE THE DRHP I HAVE IS WRONG

IF THAT IS CASE THEN PE IS 7.7 WHICH IMO IS NOT CORRECT 5750/769 = ARRPX 7.5 PE IF SO THEN THIS ISSUE IS A STEAL

161250000 * 800 = 12900 CRS
Is correct

5750 was a mistake

Agreed, possible discount listing maybe there too, fingers should be crossed time being

what do you mean wait for dip between 850 to 900 it is going to list rs 1000 rs

thank u