Tejas Networks Limited IPO (Tejas Networks IPO) Detail

Jun 14, 2017 - Jun 16, 2017

Incorporated in year 2000, Tejas Networks Ltd is Bangalore based optical and data networking products company. Trjas design, develop and sell products to telecommunications service providers, internet service providers, utility companies, defense companies and government entities in India and over 60 countries. These products are used in building high-speed communication networks to carry voice, data and video traffic from fixed line, mobile and broadband networks over optical fiber.

Tejas Networks build hardware and software products related to optical and data networking. The hardware is build using modular approach and the software-defined architecture allows the company to remotely upgrade the hardware with new capabilities and features. Tejas Networks outsource most of its manufacturing to electronics manufacturing services companies.

Tejas Networks offer pay-as-you-grow business model where its clients purchase its products/services incrementally as needed.

Tejas Networks Ltd have filed 326 patent applications, with 198 filings in India, 87 filings in the United States and 6 filings in Europe, out of which 47 patents have been granted.

Company Financials:

Summary of financial Information (Consolidated)
Particulars	For the year/period ended (in Rs. Million)
	31-Mar-16	31-Mar-15	31-Mar-14	31-Mar-13	31-Mar-12
Total Assets	8,383.03	7,280.56	7,452.00	6,563.40	6,397.81
Total Revenue	6,274.57	3,868.26	4,230.55	3,692.71	2,014.22
Profit After Tax	290.05	(178.66)	27.77	(790.43)	(928.90)

Objects of the Issue:

The Offer comprises the Fresh Issue and the Offer for Sale.

1. Offer for Sale - The company will not receive any proceeds from the Offer for Sale.

2. Fresh Issue - Company proposes to utilize the Net Proceeds towards funding the following objects:

A. Capital expenditure towards payment of salaries and wages of research and development team;
B. Working capital requirement; and
C. General corporate purposes.

Tejas Networks IPO Details

IPO Opening Date	Jun 14, 2017
IPO Closing Date	Jun 16, 2017
Issue Type	Book Built Issue IPO
Face Value	₹10 per equity share
IPO Price	₹250 to ₹257 per equity share
Market Lot	55 Shares
Min Order Quantity	55 Shares
Listing At	BSE, NSE
Issue Size	30,221,332 Eq Shares of ₹10 (aggregating up to ₹776.69 Cr)
Fresh Issue	[.] Eq Shares of ₹10 (aggregating up to ₹450.00 Cr)
Offer for Sale	12,711,605 Eq Shares of ₹10 (aggregating up to ₹[.] Cr)

Tejas Networks IPO Tentative Timetable

The Tejas Networks IPO open date is Jun 14, 2017, and the close date is Jun 16, 2017. The issue may list on Jun 27, 2017.

IPO Open Date	Jun 14, 2017
IPO Close Date	Jun 16, 2017
Basis of Allotment Date	Jun 21, 2017
Initiation of Refunds	Jun 22, 2017
Credit of Shares to Demat Account	Jun 23, 2017
IPO Listing Date	Jun 27, 2017

Tejas Networks IPO Lot Size

The Tejas Networks IPO market lot size is 55 shares. A retail-individual investor can apply for up to 14 lots (770 shares or ₹197,890).

Application	Lots	Shares	Amount (Cut-off)
Minimum	1	55	₹14,135
Maximum	14	770	₹197,890

Tejas Networks IPO Subscription Status (Bidding Detail)

The Tejas Networks IPO is subscribed 1.88x times on Jun 16, 2017 18:00. The public issue subscribed 3.10x in the retail category, 2.16x in the QIB category, and 0.48x in the NII category. Check Day by Day Subscription Details (Live Status)

Category	IPO Subscription
QIB	2.16x
NII	0.48x
RII	3.10x
Total	1.88x

Tejas Networks IPO Prospectus

› Tejas Networks IPO DRHP
› Tejas Networks IPO RHP

Tejas Networks IPO Rating

778

4.0

Rating:

Vote Here ...

Tejas Networks IPO Listing Date

Listing Date	Tuesday, June 27, 2017
BSE Script Code	540595
NSE Symbol	TEJASNET
Listing In	B Group of Securities
ISIN	INE010J01012
IPO Price	₹257 per equity share
Face Value	₹10 per equity share

Listing Day Trading Information

.
IPO Price
Open
Low
High
Last Trade
Volume

BSE
₹257.00
₹257.00
₹257.00
₹271.00
₹263.30
2,422,921

NSE
₹257.00
₹257.00
₹257.00
₹271.40
₹263.50
13,384,596

Tejas Networks IPO Reviews / Ratings

Dilip Davda - Subscribe
GEPL Capital Ltd - Subscribe

Company Contact Information

Tejas Networks Limited
J.P. Software Park, Plot No. 25,
Sy.No. 13, 14, 17 & 18, Konnapana Agrahara Village
Begur Hobli, Bengaluru 560 100

Phone: +91 80 4179 4600
Email: corporate@tejasnetworks.com
Website: http://www.tejasnetworks.com/

Tejas Networks IPO Registrar

Link Intime India Private Ltd
   Link Intime India Private Ltd
   C 101, 247 Park, L.B.S.Marg,
   Vikhroli (West), Mumbai - 400083

Phone: +91-22-4918 6270
Email: tnl.ipo@linkintime.co.in
Website: http://www.linkintime.co.in

Tejas Networks IPO Lead Manager(s)

Lead Manager Reports

Tejas Networks IPO FAQs

What is Tejas Networks IPO?

Tejas Networks IPO is a main-board IPO of 30,221,332 equity shares of the face value of ₹10 aggregating up to ₹776.69 Crores. The issue is priced at ₹250 to ₹257 per equity share. The minimum order quantity is 55 Shares.

The IPO opens on Jun 14, 2017, and closes on Jun 16, 2017.

Link Intime India Private Ltd is the registrar for the IPO. The shares are proposed to be listed on BSE, NSE.
When Tejas Networks IPO will open?

The Tejas Networks IPO opens on Jun 14, 2017 and closes on Jun 16, 2017.
What is the lot size of Tejas Networks IPO?

Tejas Networks IPO lot size is 55 Shares and the minimum order quantity is 55 Shares.
How to apply for Tejas Networks IPO?

You can apply in Tejas Networks 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.
When Tejas Networks IPO allotment?

The finalization of Basis of Allotment for Tejas Networks IPO will be done on Jun 21, 2017, and the allotted shares will be credited to your demat account by Jun 23, 2017. Check the Tejas Networks IPO allotment status.
When is Tejas Networks IPO listing date?

The Tejas Networks IPO listing date is on Tuesday, June 27, 2017.

Tejas Networks IPO Message Board

Ranked Members

516. Septa |Aug 3, 2017 12:15

IPO Guru (4000+ Posts, 4600+ Likes)

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 Networksâ€™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.

â€œWith 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,â€ 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 Indiaâ€™s flagship Bharatnet project for providing broadband to villages.

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

515. rvr |Jul 13, 2017 15:02

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

514. Eagleye |Jul 3, 2017 18:14

IPO Guru (5800+ Posts, 19500+ Likes)

Tejas IPO

NEW TARGET ... Rs 400/-

In next 40 trading sessions

Load more comments (6 replies)

514.7. aarav |Jul 17, 2017 20:14

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

514.8. jigeshpatel |Jul 17, 2017 22:16

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

513. Nidhike |Jul 7, 2017 15:12

Top Contributor (300+ Posts, 400+ Likes)

Target given even before opening the issue ðŸ˜€

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

512. Marwari |Jul 7, 2017 15:06

Very useful insider news from eagleye.

511. Thamarai |Jul 7, 2017 14:53

Excellent work eagle eye

510. Hiren K. |Jul 7, 2017 14:46

Forrester again. 360......

509. RONYTHOMAS |Jul 3, 2017 19:17

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.

509.1. hfg |Jul 5, 2017 13:01

IPO Guru (1000+ Posts, 2400+ Likes)

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

508. Eagleye |Jul 3, 2017 18:18

IPO Guru (5800+ Posts, 19500+ Likes)

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

A) DRHP Filed â€“ 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) Capacitâ€™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

508.1. AKH |Jul 5, 2017 11:45

IPO Mentor (900+ Posts, 700+ Likes)

NSE IPO

The Timeline of the IPO depends on how quickly NSE responds to SEBIâ€™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

507. VALUE INVESTOR |Jun 27, 2017 11:57

IPO Mentor (900+ Posts, 600+ Likes)

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

Load more comments (4 replies)

507.5. Eagleye |Jul 3, 2017 18:11

IPO Guru (5800+ Posts, 19500+ Likes)

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

507.6. Ranga |Jul 3, 2017 20:08

@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

506. N Indian |Jun 27, 2017 19:33

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+.

Load more comments (5 replies)

506.6. ammubutter |Jul 1, 2017 07:41

Top Contributor (200+ Posts, 200+ Likes)

Yes......

506.7. Eagleye |Jul 3, 2017 18:12

IPO Guru (5800+ Posts, 19500+ Likes)

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

505. Eagleye |Jul 3, 2017 12:09

IPO Guru (5800+ Posts, 19500+ Likes)

Mainline IPOs in the pipeline:

Pending SEBIâ€™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) Capacitâ€™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

504. Compounder |Jul 2, 2017 02:23

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.

503. IPO investment management |Jul 1, 2017 08:15

New Stake holders will 650 price touch in a year

502. Nidhike |Jun 30, 2017 14:14

Top Contributor (300+ Posts, 400+ Likes)

Tejas on its way to 400
Cdsl 300
DMART 1000ðŸ˜ðŸ˜ðŸ˜ðŸ˜ðŸ˜

Load more comments (4 replies)

502.5. Septa |Jun 30, 2017 15:19

IPO Guru (4000+ Posts, 4600+ Likes)

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.

502.6. Chivitra |Jun 30, 2017 19:52

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 ?

501. Chivitra |Jun 30, 2017 19:40

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 ?

500. MINTO |Jun 30, 2017 16:46

Top Contributor (400+ Posts, 400+ Likes)

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

499. Septa |Jun 27, 2017 17:18

IPO Guru (4000+ Posts, 4600+ Likes)

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 ðŸ›‘ 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
à®µà¯†à®³à¯à®¤à¯à®¤à®¤à¯†à®²à¯à®²à®¾à®®à¯ à®ªà®¾à®²à®²à¯à®² / à®®à®¿à®©à¯à®©à¯à®µà®¤à¯†à®²à¯à®²à®¾à®®à¯ à®ªà¯Šà®©à¯à®©à®²à¯à®²

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

Load more comments (17 replies)

499.1. Gupt |Jun 27, 2017 19:23

Hi Septa,

What your view on the target on which we should sell in short term (0-3 month)?

499.2. N Indian |Jun 27, 2017 19:34

Mr septa. You are a genius in finance. Your analysis are always right. We trust you fully. Please guide us on secondary market as well.

499.3. MINTO |Jun 27, 2017 19:45

Top Contributor (400+ Posts, 400+ Likes)

septa sir ,
You are great....
i am your blind supporter.
please continue your valuable comment .
THANKS.

499.4. MINTO |Jun 27, 2017 21:37

Top Contributor (400+ Posts, 400+ Likes)

Septa sir,
I miss eris lifesciences ipo.
what can i do tomorrow?
i want buy eris..
which price i can buy?
please guide.

499.5. Tharvipul |Jun 27, 2017 22:40

Septa sir
Is any MIDCAP shares to Investment for 2/3 years

499.6. Earthking |Jun 27, 2017 23:31

Top Contributor (200+ Posts)

Already i am a big follower of u septa sir ... now i have become super fan of u ... à®¤à®®à®¿à®´à¯ à®‡à®²à®•à¯à®•à®¿à®¯à®®à¯ à®…à®°à®¿à®¯à®¤à¯ ...

499.7. AshishIPO |Jun 27, 2017 23:35

Septa Sir,
Can I buy Tejas Network with current price?

499.8. MINTO |Jun 28, 2017 00:18

Top Contributor (400+ Posts, 400+ Likes)

Septa sir
What can do tomorrow in eris life science
After listing?

499.9. OOZ |Jun 28, 2017 10:36

Septa Sir,
I am really moved by your analysis.
Can you please explain the example that you gave on D-Mart and Tejas?

Doubt:-
Tejas being a flat listing gives a return of 3.5%, while D-Mart being a blockbuster listing gave only 0.15% return. HOW?

Thanks

499.10. Septa |Jun 28, 2017 11:45

IPO Guru (4000+ Posts, 4600+ Likes)

OOZ will explain again but first I want my last comment on this forum which the forum Admin removed be reposted or explain why it was removed

499.11. Rv''s |Jun 28, 2017 11:54

@Septa You rocks..+ve and deep analytical. Following you... Rv_wd

499.12. anil m |Jun 28, 2017 14:27

Good analysis after listing of Tejas, but if it had been listed in discount to issue price...calculations would have been different...in that case why one will apply in Dmart..he could have bought after listing...

499.13. Rajni |Jun 29, 2017 22:24

Great calculation sir! genius in making money but This way only HNI with deep pocket can make money. Retailer can''t even think of it.

499.14. gundu anna |Jun 30, 2017 07:30

IPO Mentor (500+ Posts, 100+ Likes)

You are correct. But in Dmart the returns are certain, but in tejas it is not!

499.15. Septa |Jun 30, 2017 13:50

IPO Guru (4000+ Posts, 4600+ Likes)

nothing is certainly especially in stock market

499.16. ARCHNAS |Jun 30, 2017 14:32

Septa Sir
Your analysis is 100% accurate. Hats off to you

499.17. Futurze Avenue |Jun 30, 2017 14:44

Hats of to you Sir Ji...

Really need to learn many things from you..
Surely you will became lendary investors like RJ, Porinju, Ashish Caught, Dolly Khanna and many more..
Or I don''t know you might be like one of them already..

Did not invested in Tejas but got insight now..
I am tracking your each and every post & big fan of you..
Thanks... wish you nice time ahead.

499.18. nmg |Jun 30, 2017 14:44

Bhag Tejas Bhaag,,,

499.19. DarkHorse |Jul 6, 2017 12:31

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

498. RIGHTTINVESTMENT |Jun 30, 2017 14:10

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

497. Villain |Jun 30, 2017 14:08

305 OMG

Check Messages by Ranked Members

Find Tejas Networks IPO Latest Update

Useful Articles

Name		Phone
Email		City
State
Are you a day trader?

Tejas Networks Limited IPO (Tejas Networks IPO) Detail

Company Financials:

Objects of the Issue:

Tejas Networks IPO Details

Tejas Networks IPO Tentative Timetable

Tejas Networks IPO Lot Size

Tejas Networks IPO Subscription Status (Bidding Detail)

Tejas Networks IPO Prospectus

Tejas Networks IPO Rating

Tejas Networks IPO Listing Date

Listing Day Trading Information

Tejas Networks IPO Reviews / Ratings

Company Contact Information

Tejas Networks IPO Registrar

Tejas Networks IPO Lead Manager(s)

Tejas Networks IPO FAQs

What is Tejas Networks IPO?

When Tejas Networks IPO will open?

What is the lot size of Tejas Networks IPO?

How to apply for Tejas Networks IPO?

When Tejas Networks IPO allotment?

When is Tejas Networks IPO listing date?

Tejas Networks IPO Message Board

Find Tejas Networks IPO Latest Update