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June 14, 2017 - June 16, 2017

Tejas Networks IPO Subscription Details

Tejas Networks IPO Subscription Status Live

Tejas Networks IPO subscribed 1.88 times. The public issue subscribed 3.10 times in the retail category, 2.16 times in QIB, and 0.48 times in the NII category by June 16, 2017 (Day 3).

Investor CategorySubscription (times)Shares OfferedShares Bid forTotal Amount (Rs Cr.)*
Qualified Institutions2.169,434,1052,04,11,105524.57
Non-Institutional Buyers0.484,606,74022,21,89057.10
Retail Investors3.103,071,16095,10,875244.43
Total 1.8817,112,0053,21,43,870826.10

Disclaimer: *The total amount is calculated based on the final issue price or the price in the upper price range.

Tejas Networks IPO (Day-wise) Subscription Details (times)

Day 1
June 14, 2017
Day 2
June 15, 2017
Day 3
June 16, 2017

Tejas Networks IPO Shares Offered

Tejas Networks IPO is a public issue of 17,112,005 equity shares. The issue offers 3,071,160 shares to retail investors, 9,434,105 shares to qualified institutional buyers, and 4,606,740 shares to non-institutional investors.

CategoryShares OfferedAmount (Rs Cr) Size (%)

IPO Investor Categories

  • Qualified Institutional Buyers (QIB)

    Financial Institutions, Banks, FIIs, and Mutual Funds registered with SEBI are called QIBs. In most cases, QIBs represent small investors who invest through mutual funds, ULIP schemes of insurance companies, and pension schemes.

  • Non-Institutional Investors(NII)

    Retail Individual Investors (HNI), NRIs, Companies, Trusts, etc who bid for shares worth more than Rs 2 lakhs are known as Non-institutional bidders (NII). Unlike QIB bidders, they do not need SEBI registration.

    NII category has two subcategories:

    1. sNII (bids below Rs 10L)

      The Small NII category is for NII investors who bid for shares between Rs 2 lakhs to Rs 10 lakhs. The 1/3 of NII category shares are reserved for the Small NII sub-category. This subcategory is also known as Small HNI (sHNI).

    2. bNII (bids above Rs 10L)

      The Big NII category is for NII investors who bid for shares worth more than Rs 10 Lakhs. The 2/3 of NII category shares are reserved for the Big NII subcategory. This subcategory is also known as Big HNI (bHNI).

  • Retail Individual Investors(RII)

    The retail individual investor or NRIs who apply up to Rs 2 lakhs in an IPO are considered as RII reserved category.

  • Employee (EMP)

    A category of eligible employees who have a reserved quota in the IPO.

  • Others

    A category of eligible shareholders or other investors who have a reserved quota in the IPO.

What is the difference between RII, NII, QIB and Anchor Investor?

Disclaimer: The above information / data is sourced from National Stock Exchange (NSE) and Bombay Stock Exchange (BSE) websites and is subject to change in real time. For latest information / data, please refer to the respective websites. The information / data provided here in is for informational purposes only and is provided by on "AS IS" and "AS AVAILABLE" basis and without warranty, express or implied. does not warrant the accuracy, adequacy or completeness of the information you obtain through the above websites. shall not be liable in any way for any discrepancies, errors, omissions, losses or damage., including its affiliates and its directors, staff and employees, shall not be liable for any loss, damage of any kind, including but not limited to direct, indirect, punitive, exemplary, consequential damages and lost profits arising in any way out of the use of information / data obtained through the said websites. The recipient alone is fully responsible / liable for any decision made based on this information / data. All recipients, before relying on the said information, should do their own research and seek appropriate professional advice.

Tejas Networks IPO Subscription FAQs

The Tejas Networks IPO is subscribed 1.88 by June 16, 2017.

Tejas Networks IPO Subscription

Investor CategorySubscription (times)
Qualified Institutional2.16
Non Institutional0.48
Retail Individual3.10
Employee Reservations[.]
Total Subscription1.88

Retail category of Tejas Networks IPO subscribed 3.10 times as of date June 16, 2017. The public issue closes on June 16, 2017 for bidding.

An investor can apply in Tejas Networks IPO online via bank (using ASBA) or the broker (using UPI). The Tejas Networks IPO shares are offered online only.

The Tejas Networks IPO is subscribed 1.88 by June 16, 2017.

The Tejas Networks IPO allotment status is expected on or around June 21, 2017. Visit Tejas Networks IPO allotment status to check.

The Tejas Networks IPO listing date is Tuesday, June 27, 2017. The equity share of Tejas Networks Limited will list on BSE, NSE.

Visit Tejas Networks IPO subscription status page for real-time bidding information about Tejas Networks IPO.

Tejas Networks IPO Timetable

IPO Opens OnJune 14, 2017
IPO Closes OnJune 16, 2017
Finalisation of Basis of AllotmentJune 21, 2017
Initiation of RefundsJune 22, 2017
Credit of Shares to Demat AccountJune 23, 2017
IPO Listing DateJune 27, 2017