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CharanWings
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CHARANWINGS an ISO certified Stock Market Advisory Services is a dedicated website, adds the dynamic growth factor to your savings and investments by guiding you through the land of opportunities and maximizing your returns.
CHARANWINGS an ISO certified Stock Market Advisory Services is a dedicated website, adds the dynamic growth factor to your savings and investments by guiding you through the land of opportunities and maximizing your returns.

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Nifty at Resistance Zone plus Intraday Share Tips
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Clash between Bulls and Bears plus Share Tips Intraday
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Nifty Compressed plus Stock Market Tips for Intraday
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Nifty in Rally Mode plus Intraday Trading Tips
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Nifty Regain 8450 and Intraday Share Tips
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Larsen & Toubro Infotech IPO
Larsen & Toubro Infotech integrated in 1996, a subsidiary of Larsen & Toubro Ltd is Mumbai, India foot IT Solutions and Services Company. L&T Infotech is ranked 6th largest IT Company in India in terms of export revenues and among top 20 IT service providers in the world.
L&T Infotech offers a widespread range of Information Technology services in assorted industries around the world. The services offered by the company include Application Development, Maintenance and Out Sourcing, Enterprise Solutions, Infrastructure Management Services, Testing, Digital Solutions and Platform-Based solutions.
L&T Infotech is promoted by Larsen & Toubro Limited, a leading Indian multinational in engineering, construction, manufacturing, finance and technology.
Company Promoters:
The Promoter of the Company is Larsen and Toubro Limited. L&T currently holds 161,250,000 Equity Shares; equivalent to 94.96% of the Pre Offer issued, subscribed and paid up Equity Share capital of L&T Infotech.
Objects of the Issue:
Accomplish the benefits of listing the Equity Shares on the Stock Exchanges;
And lug out the sale of up to 17,500,000 Equity Shares by the Selling Shareholder.
Issue Detail:
Issue Open: Jul 11,201-Jul 13, 2016
Issue Type: Book Built Issue IPO
Issue Size: 17,500,000 Equity Shares of Rs 1 aggregating up to Rs 1,400.00 Cr
Face Value: Rs 1 per Equity Share
Issue Price: Rs. 705 - Rs. 710 per Equity Share
Market Lot: 20 Shares
Minimum Order Quantity: 20 Shares
Listing At: BSE, NSE
L&T Infotech Ltd offers discount of Rs 10 to all eligible Retail Individual Bidders
Valuation:
At price band of Rs 705-710 per share ( including Rs 10 discount to retail investor) ,the p/e multiple will turn out to be 12.98-13.07 on post issue FY16 earnings per share of Rs 54.31 of company.
L&T Infotech looks reasonably priced when compare to its peer Infosys (Price Earnings of 20), Mind Tree (Price Earnings of 18), TCS (Price Earnings of 20), Tech Mahindra (Price Earnings of 16), Wipro (Price Earnings of 15), HCL Tech (Price Earnings of 14).Therefore on valuation parameter; company looks attractive to deploy the funds in. Cluster’s fancy among investors across the panel and reasonable pricing makes this Initial Public Offer a valuable put money on for medium to long term.
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