Tejas Networks Limited IPO (Tejas Networks IPO) Detail

Tejas Networks has posted revenue of Rs 223.81 crore (+49 percent) and net profit of Rs 20.09 crore against net loss of Rs 1.75 crore in the first quarter of fiscal 2017-18.

Tejas Networks said the 49 percent increase in first quarter revenue was led by strong growth in domestic business. Tejas Networks’s operating margins grew 251.6 percent with operating margin of 12.8 percent in Q1 fiscal 2018 compared to 5.4 percent in Q1 fiscal 2017.

“With exponential increase in data traffic in mobile as well as fixed-line broadband networks, we are witnessing a strong demand for our optical transmission equipment. During the quarter, we saw strong revenue growth especially from our Indian customers,” said Sanjay Nayak, CEO and MD of Tejas Networks.

Tejas Networks recently mobilized Rs 450 crore during the Initial Public Offer (IPO) of shares on India stock market. The primary object of the IPO is to fund its R&D, increased working capital needs and general corporate purposes.

Tejas supplied a large portion of GPON products for India’s flagship Bharatnet project for providing broadband to villages.

Arnob Roy, president, Optical Products Tejas Networks, said: “We are pleased to partner with the Indian government to execute the prestigious BharatNet project using our leading-edge GPON product.”

Expecting 800 very urgently ..need my money back...please push this AU....not able to wait up to deember

Tejas IPO

NEW TARGET ... Rs 400/-

In next 40 trading sessions

I will Pray to God that your target successfully achieve. As I bought it @320 according to your suggestion.

What''s your target for au bank ????

Target given even before opening the issue 😀

2. Nidhike Jun 7, 2017 2:38:59 PM IST Reply
Tejas Networks Limited IPO

Price band 250-257

Apply Target 400 before diwali :)

7206. Eagleye Jul 3, 2017 6:14:54 PM IST Reply
Tejas Networks Limited IPO

Tejas IPO

NEW TARGET ... Rs 400/-

In next 40 trading sessions

Very useful insider news from eagleye.

Excellent work eagle eye

Forrester again. 360......

Eagleye,
Do you still maintain the same tgt of 825 for SCHAND by August? Your valuable advice is needed here I am still holding @600.

which august ?
2017 or ....
just 50 days left

never come 600 in any august
better to sell at 500 before 400
it''s nxt CL Edu

IPOs IN THE PIPELINE (Status as on 30th June 2017)


A) DRHP Filed – SEBI Approval Awaited:

1) Prataap Snacks >>> DRHP date 21-Jun-17 (REAPPLIED)
2) Astron Paper & Board Mill >>> DRHP date 20-Jun-17
3) Indian Energy Exchange >>> DRHP date 16-Jun-17
4) Dixon Technologies (India) >>> DRHP date 19-May-17
5) Shalby Hospitals >>> DRHP date 19-May-17
6) Matrimony.com >>> DRHP date 05-May-17
7) National Stock Exchange of India >>> DRHP date 28-Dec-16


B) SEBI Approval Received (within the past 4 months):

1) Capacit’e Infraprojects >>> DRHP date 17-Apr-17
2) Nakshatra World >>> DRHP date 08-Mar-17
3) MAS Financial Services >>> DRHP date 24-Mar-17
4) Bharat Road Network >>> DRHP date 20-Feb-17
5) Apex Frozen Foods >>> DRHP date 30-Mar-17
6) Cochin Shipyard >>> DRHP date 23-Mar-17


C) SEBI Approval Received (more than 4 months ago):

7) Genesis Colors >>> DRHP date 28-Sep-16
8) Security & Intelligence Services >>> DRHP date 26-Sep-16
9) GR Infraprojects >>> DRHP date 29-Sep-16
10) Continental Warehousing Corp. >>> DRHP date 30-Sep-16
11) Aster DM Healthcare >>> DRHP date 24-Jun-16
12) Seaways Shipping and Logistics >>> DRHP date 28-Mar-16

NSE IPO

The Timeline of the IPO depends on how quickly NSE responds to SEBI’s concerns of preferential access to its algorithmic trading systems

Resolving the issue could delay the IPO. The National Stock Exchange may have to re-file papers for its IPO after resolving the issue of some brokers allegedly getting preferential access to its algorithmic trading systems, a development that could push the share sale to next year.

sources
http://www.livemint.com/Money/qWm0Dp4aSHPCaRNSEd5aUK/NSE-IPO-may-be-delayed-as-Sebi-wants-algotrading-case-resol.html

was all the tension of last 10 days worth the flat listing?

NEW TARGET ... Rs 400/- ... In next 40 trading sessions

@eagle eye

Do not give any price. People will butcher you like schand.

I thought of adding another 45 shares. But it has touched 300.

Big correction is expected. Then I will purchase sub 280.

Regards
Ranga

Many people predicted tejas discounted listing. But i had full in tejas. From yesterday i was telling this. But mr jhun jhun and mr stockt were creating fear in investors mind. Hold it for 6 months plus. It will definitely be above 350+.

Yes......

NEXT TARGET ... Rs 400/-
In next 40 trading sessions

Mainline IPOs in the pipeline:


Pending SEBI’s approval:

1) Prataap Snacks >>> DRHP date 21-Jun-17 (REAPPLIED)
2) Astron Paper & Board Mill >>> DRHP date 20-Jun-17
3) Indian Energy Exchange >>> DRHP date 16-Jun-17
4) Dixon Technologies (India) >>> DRHP date 19-May-17
5) Shalby Hospitals >>> DRHP date 19-May-17
6) Matrimony.com >>> DRHP date 05-May-17
7) National Stock Exchange of India >>> DRHP date 28-Dec-16



SEBI approval received (< 5 months):

1) Capacit’e Infraprojects >>> DRHP date 17-Apr-17
2) Nakshatra World >>> DRHP date 08-Mar-17
3) MAS Financial Services >>> DRHP date 24-Mar-17
4) Bharat Road Network >>> DRHP date 20-Feb-17
5) Apex Frozen Foods >>> DRHP date 30-Mar-17
6) Cochin Shipyard >>> DRHP date 23-Mar-17


SEBI approval received (>5 months):

7) Genesis Colors >>> DRHP date 28-Sep-16
8) Security & Intelligence Services >>> DRHP date 26-Sep-16
9) GR Infraprojects >>> DRHP date 29-Sep-16
10) Continental Warehousing Corp. >>> DRHP date 30-Sep-16
11) Aster DM Healthcare >>> DRHP date 24-Jun-16
12) Seaways Shipping and Logistics >>> DRHP date 28-Mar-16

Eris is a long term coumpounding machine. It is a high quality franchisee with excellent return ratios and with FCF positive already, this will be a dividend aristocrat in times to come. One look at Amit Bakshi''s video on YouTube and one can easily see the passion and vision of this first generation owner operator. A decadal domestic consumption story in the making.

New Stake holders will 650 price touch in a year

Tejas on its way to 400
Cdsl 300
DMART 1000😍😍😍😍😍

The market is very apprehensive and worried abt PHRAMA sector it is no more safe zone. So honeymoon period is certainly over. Eris as I said earlier it is in very niche market and high margin market. Quarterly result will dictate it future my gut feeling is that it will give superior result given it product mix.

Septa Sir,
Tejas shares are not allotted to me. What will be entry point in Tejas now and what should be investment horizon (9 months / 1 Year) along with target ?

Septa Sir,

Tejas shares are not allotted to me. What will be entry point in Tejas now and what should be investment horizon (9 months / 1 Year) along with target ?

Septa sir you great expert.
@tejas 302.95/
I salute you boss.

To all the naysayers u have no idea how good this IPO has been to real seasoned investor. In fact this IPO has given 10 times more return then one of best recent IPO DMART.

So stop 🛑 talking if you do not have any idea about how money is made.

Just some simple maths 1cr HNI INVESTMENT IN DMART GAVE 100 shares so profit before interest was approx 30k average cost of interest was 15k profit was15k

On TEJAS 1cr investment return before interest was 350000 yap almost 12 times more then DMART AFTER interest cost profit was Rs 335000.


This famous Tamil proverb describes your limited knowledge
வெளுத்ததெல்லாம் பாலல்ல / மின்னுவதெல்லாம் பொன்னல்ல

Which means
All the things that are white are not milk.

Bhag Tejas Bhaag,,,

septa sir,Univastu SME ke bare me bataiye na jara,plz..!!
apply kare ya nahi..? _/\_

TEJAS has crossed 305. We benefitted by listening to Sapta Sir rather than Stock T and Red turtle.

305 OMG