Tanla Solutions Ltd IPO (Tanla IPO) Detail

Dec 11, 2006 - Dec 14, 2006

Tanla Solutions Limited (TSL) is India based telecom infrastructure solutions. TSL has its software development centre in Hyderabad, Andhra Pradesh, India, and a worldwide marketing office in the U.K.

Tanla is engaged in the business of making SMSC and VMS indigenously. TSL's SMSC has already been deployed with prestigious clients like Reliance Telecom, BPL, Airtel,Aircel and Hutch. While telecom infrastructure solutions remain the core activity of TSL, the Company has expanded its activity into a number of related areas including Telemetry, Telematics and Aggregator Services.

Product & Services:
1. Telecom Signaling Solutions:
SS-7 based products of which the flagship product is SMSC (SMS Centers). The Industry Products including Telemetry (existing) and Telematics.
2. Aggregator:
The Aggregator business of Tanla is operated under Mobizar, which is a wholly owned subsidiary of Tanla U.K. (a 100% subsidiary of TSL). It serves as an interface between value added service providers and content providers on the one side and wireless telecom operators on the other.
3. Offshore Development:
Offshore development of telecom projects and aggregator related application development.

Objects of the Issue

The objects of the Issue are to achieve the benefits of listing on the Stock Exchanges & to raise capital:

1. To set up domestic infrastructure facilities;
2. To expand facilities for product development and R&D;
3. To establish offshore marketing and sales facilities;
4. To acquire companies in similar line of activities;
5. To augment long term working capital resources of the Company.

Tanla IPO Details

IPO Date Dec 11, 2006 to Dec 14, 2006
Listing Date Friday, January 5, 2007
Face Value ₹2 per share
Price ₹230 to ₹265 per share
Lot Size 25 Shares
Issue Size14,296,500 shares of ₹2
(aggregating up to ₹378.86 Cr)
Issue Type Book Built Issue IPO
Listing At BSE, NSE

Tanla IPO Lot Size

The Tanla IPO lot size is 25 shares. A retail-individual investor can apply for up to 30 lots (750 shares or ₹198,750).

Application Lots Shares Amount
Retail (Min) 1 25 ₹6,625
Retail (Max) 30 750 ₹198,750

Tanla IPO Subscription Status (Bidding Detail)

The Tanla IPO is subscribed 38.65 times on Dec 14, 2006 5:00:00 PM. The public issue subscribed 11.09 times in the retail category, 57.06 times in the QIB category, and 41.58 times in the NII category. Check Day by Day Subscription Details (Live Status)

CategorySubscription (times)

Tanla IPO Prospectus

Tanla IPO Rating

Rating:Rated 4.0 stars
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Tanla IPO Listing Date

Listing Date Friday, January 5, 2007
BSE Script Code 532790
Listing In
ISIN INE483C01032
IPO Price ₹265 per share
Face Value ₹2 per share

Listing Day Trading Information

IPO Price
Last Trade

Company Contact Information

Tanla Solutions Ltd
Tanla Technology Centre,
Hitech City Road,
Madhapur, Hyderabad - 500 081, AP, India.
Phone: +91 40 40099999

Tanla IPO Registrar

KFin Technologies Limited

Phone: 04067162222, 04079611000

Tanla IPO Review

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Tanla IPO FAQs

Tanla IPO is a main-board IPO of 14,296,500 equity shares of the face value of ₹2 aggregating up to ₹378.86 Crores. The issue is priced at ₹230 to ₹265 per share. The minimum order quantity is 25 Shares.

The IPO opens on Dec 11, 2006, and closes on Dec 14, 2006.

KFin Technologies Limited is the registrar for the IPO. The shares are proposed to be listed on BSE, NSE.

The Tanla IPO opens on Dec 11, 2006 and closes on Dec 14, 2006.

Tanla IPO lot size is 25 Shares and the minimum order quantity is .

You can apply in Tanla IPO online using either UPI or ASBA as payment method. ASBA IPO application is available in the net banking of your bank account. UPI IPO application is offered by brokers who don't offer banking services. Read more detail about apply IPO online through Zerodha, Upstox, 5Paisa, Edelweiss, ICICI Bank, HDFC Bank and SBI Bank.

The finalization of Basis of Allotment for Tanla IPO will be done on [.], and the allotted shares will be credited to your demat account by [.]. Check the Tanla IPO allotment status.

The Tanla IPO listing date is on Friday, January 5, 2007.
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Tanla IPO Message Board

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79. sagar |   Link |Jun 14, 2007 8:18:43 PM
does any one has any idea for tanla, to go beyond 430.00
78. sundeed |   Link |Jan 17, 2007 4:39:48 AM
after some days tanla solutions will roar like tech mahindra
77. RAJESH |   Link |Jan 13, 2007 6:02:03 AM
Tanla may be crossed six hundred target in short time and long term is 1200/-.Please hold.......
76. MR |   Link |Jan 11, 2007 12:33:13 AM
Why is this base pricing and 2% cutoff for Tanla? Any specific reasons? For other stocks the cutoff is 5%, 8%, 10% and as high as 20%. Why this constraint for Tanla ?
75. ashy |   Link |Jan 10, 2007 10:55:19 PM
has anybody got refund of tanla...
74. sundeed |   Link |Jan 7, 2007 1:13:10 AM
anyone got refund through physical warrant????
73. vikas |   Link |Jan 5, 2007 9:21:55 PM
First of all, New year wishes to all friends and visitors of this blog and I wish you a wonderful new year bringing tons of joy and happiness.

Tanla solutions is listing tomorrow. The stock was alloted at a price of Rs. 265. However, the lisiting price of this stocks has generated curiosity since the issue was a stunning success. As you may be aware that the stock is already listed on Hyderabad stock exchange as is currently qouting at Rs. 372.

BSE has come out with a circular that the closing price on Hyderabad Stock exchange would be the base price for listing of Tanla on BSE and the stock would carry a circuit filter of 2% . However, interstingly, there is no such circular from NSE. So this would be a interesting scenario to watch when the stocks lists at both the exchanges. There may a price gap for the scrip between both the exchanges in view of the above . Even at the expected listing price of 379 the stock offers a gain of 43% over its issue price.
72. Jain |   Link |Jan 5, 2007 8:58:55 PM
Dear all,
I understand there is a base price for listing fixed for Tanla - 372 Rs. with +/- 2% cap. This is happening first time. is there any further news?????
71. shabeeh |   Link |Jan 4, 2007 6:25:19 AM
I have to take ECS refund as has changed my demat account linked with saving account.
Can you advice me how to do the same.

Shabeeh Siddiqui
70. Ashish |   Link |Jan 4, 2007 5:42:19 AM
Hi all
tanla listing on 5 jan friday
bse circular out......
greta listing ahead.....

69. Sidd |   Link |Jan 4, 2007 4:37:24 AM
I have heard that Tanla may list 410 as Grey market premium is around 140 rs.

Dont sell this stock it is hot for long term.
68. Dhaval |   Link |Jan 4, 2007 4:35:32 AM
Tanla will list @ 390 - 415 and will see some correction at this peak price but will coll off at around 395- 400 .

One can see moment like TechMahindra in the same fo rlong term.

Thank You
67. bablu sharma |   Link |Jan 4, 2007 3:16:48 AM
tanla is going to list 4/1/2007 @ 360-380 and can test 415
66. nitin |   Link |Jan 3, 2007 6:51:16 AM
Tanla is expected to open at a premium of 90 - 100 rs.
65. vishal |   Link |Jan 3, 2007 6:08:22 AM
at what price it got alloted
64. Neeraj Sukhija |   Link |Jan 3, 2007 5:12:27 AM
Most probably tanla will list by tomorow.

63. Chetan |   Link |Jan 3, 2007 2:52:11 AM
can any body say the listing date and approximate premium of Tanla?
62. Vivek |   Link |Jan 3, 2007 12:51:04 AM
Thanks Neeraj
61. ashish |   Link |Jan 2, 2007 11:45:02 PM
Any idea abt tanla listing?
Pls tell

60. Neeraj Sukhija |   Link |Jan 2, 2007 11:38:36 PM
Sorry vivek battle up next time

Application No. : 14710952
Applicant Name : Vivek Khariwal
Allocated Shares : 0