Tejas Networks IPO Allotment Status Online

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.