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Tejas Networks IPO Allotment Status Online

Tejas Networks IPO Details

Issue Open Jun 14, 2017
Issue Close Jun 16, 2017
IPO Price ₹257
Face Value ₹10
IPO Size ₹776.69 Cr
Listing At BSE, NSE
IPO Lot Size 55

Tejas Networks IPO Schedule

  • Bid/Offer Opens On: Jun 14, 2017
  • Bid/Offer Closes On: Jun 16, 2017
  • Finalization of Basis of Allotment: Jun 21, 2017
  • Initiation of refunds: Jun 22, 2017
  • Credit of Equity Shares: Jun 23, 2017
  • Listing Date: Jun 27, 2017

Check Tejas Networks IPO allotment status online by clicking the button below. If you have difficulties finding the Tejas Networks Limited IPO allotment status, please visit the website of the IPO registrar.

Note: Registrar of the Tejas Networks IPO is responsible for IPO allotment. Please contact the registrar with any quires related to stock allocation or refund related problems. To understand the allocation of shares for Tejas Networks Limited IPO, check the 'basis of allotment' document.

Tejas Networks IPO Allotment FAQs

The Tejas Networks IPO allotment status will be available on Jun 21, 2017, as per the timeline provided in the red-herring prospectus.

Below are the steps to check Tejas Networks IPO allotment status online:

  • Visit the Tejas Networks IPO allotment status page.
  • Click on the green Tejas Networks IPO Allotment Status.
  • Enter either PAN number, Application Number or DP Client ID of the demat account to check the Tejas Networks IPO allotment status.
  • Click Search.

Note: The disabled button shows that the allotment is not yet available online.

The allotment result looks like as below:

  • PAN No.: AHMLK1898J
  • Application No.: RL041213805307
  • Name: Mr. Rajveer Singh
  • Shares Applied: 40
  • Shares Allotted: 40

The expected listing price of Tejas Networks IPO depends on many factors including demand, nature of the business, market environment and state of the economy. The Tejas Networks IPO grey market premium gives some hint but the actual listing price is difficult to guess.

Tejas Networks IPO allotment status is expected on Jun 21, 2017. Click the green button Tejas Networks IPO Allotment Status above to check the allotment. Note the button remains to disable until the allotment is available online.

If Tejas Networks IPO oversubscribed in the retail category, the Tejas Networks IPO shares will be distributed on a proportionate basis to Retail Individual Investors (RII). Each retail investor will get a minimum of 1 lot subject to the availability of shares in the retail portion. If enough shares are not available, a lottery is drawn to choose the investors.

The Tejas Networks IPO shares will get listed on Tuesday, June 27, 2017. The equity share of Tejas Networks Limited will list on BSE, NSE.

The reason you didn't get the Tejas Networks IPO could be:

  • IPO become oversubscribed and allotment process is completed through a lottery
  • The IPO application got rejected due to mismatch/incomplete information
  • The issue price is higher than the bid price. (Always apply on cut-off price).

The Tejas Networks IPO will open for bidding on Jun 14, 2017. The IPO application closes on Jun 16, 2017.