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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 Date & Price

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

Tejas Networks IPO timetable / schedule is as below:
  • 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

Tejas Networks IPO price is set at ₹257 per equity share.

Tejas Networks IPO will close for subscription at 5 PM on Jun 16, 2017. But most brokers stop accepting application between 1 PM to 3 PM.

The Tejas Networks IPO starts on Jun 14, 2017. The issue ends on Jun 16, 2017.

Tejas Networks IPO Issue Size and Subscription Status

The Tejas Networks IPO size is 30221332 Equity Shares of ₹10 aggregating up to ₹776.69 Cr.

Tejas Networks Limited is selling its shares to the public through an Initial Public Offer (IPO). Retail investors can apply online for Tejas Networks IPO shares through the banks (using ASBA) or through the broker (using UPI).

Tejas Networks IPO Offer Size

Qualified Institutional Buyers (QIB)9,434,105 Shares
Non-Institutional Investors (NII)4,606,740 Shares
Retail Individual Investor (RII)3,071,160 Shares
Employee Reservations0 Shares
Other Reservations0 Shares
Total Issue Size17,112,005 Shares

Tejas Networks IPO IPO Subscription Status

Qualified Institutional Buyers (QIB)2.16 times times
Non-Institutional Investors (NII)0.48 times times
Retail Individual Investor (RII)3.10 times times
Employee Reservations times
Other Reservations times
Total Issue Size1.88 times times

Click here to check the Tejas Networks IPO live subscription status.

If you have a demat account, most banks offer the online IPO application. You could also contact your broker to apply in Tejas Networks IPO.

Zerodha, the largest stockbroker in India, offers an online IPO application. You can apply for an IPO online with Zerodha by visiting https://zerodha.com/ipo

You could check Tejas Networks IPO Grey Market Premium (GMP Rate) by visiting our IPO Grey Market Price (Message Board). Note that there is no official source of GMP Rate as it's a black market.

Tejas Networks IPO Allotment and Listing

The Tejas Networks IPO allot status will be available online on Jun 21, 2017. Check the Tejas Networks IPO Allotment Status here.

Click here to check Tejas Networks IPO Allotment Status.

Tejas Networks IPO listing Date is Jun 27, 2017. The regular trading starts at 10 AM on listing day.BSE and NSE allow a pre-open trading on listing day. This 45 minutes session starts at 9 AM and ends at 9:45 AM. This session allows buyers and sellers to place/ modify /cancel orders. The next 15 minutes are for price discovery and processing orders placed in the pre-open trading session. The Tejas Networks IPO listing date and time is published by the exchange in a circular.

Click here to view the Tejas Networks IPO Basis of Allotment.

It is hard to say at what price Tejas Networks IPO Shares will list. The price varies by the demand and supply of IPO shares on the day of listing.

The Tejas Networks IPO shares will list on Jun 27, 2017 at BSE, NSE.

Tejas Networks IPO - Should I apply?

Visit our IPO Analysis and Recommendations page to view IPO Notes from experts.

Sorry, we do not provide IPO recommendations. But we share a lot of information about Tejas Networks IPO which could help you with questions like Tejas Networks IPO buy or not? You should also read Tejas Networks IPO Analysis from experts and check the daily subscription status.

It actually depends on many factors. This includes company financials, segment outlook, market situation, issue pricing, the background of promoters, lead managers performance, company strengths, risks and oversubscription. You should read the prospectus document, IPO Analysis from experts and follow the subscriptions.

Tejas Networks IPO listing day gains are highly unpredictable as depends on many factors on the day listing. It depends on factors like the demand (IPO oversubscription), the market situation on the day of listing, Issue size etc.

Visit our IPO Performance Tracker to check the Tejas Networks IPO performance. The performance reports are available 1 day after listing.