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Tejas Networks IPO Subscription Details (Live Status)

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
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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 Jun 16, 2017.

Investor CategorySubscription (times)
Qualified Institutions2.16
Non-Institutional Buyers0.48
Retail Investors3.10
Employees[.]
Others[.]
Total1.88

Tejas Networks IPO Subscription Details (times)

DateQIBNIIRetailTotal
Day 1
Jun 14, 2017
0.060.010.380.11
Day 2
Jun 15, 2017
0.330.021.100.38
Day 3
Jun 16, 2017
2.160.483.101.88

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)
QIB9,434,105242.46
NII4,606,740118.39
Retail3,071,16078.93
Total17,112,005439.78

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)

    Individual investors, NRIs, companies, trusts, etc who bid for more than Rs 2 lakhs are known as Non-institutional bidders or NII. They need not register with SEBI like QIIs.

  • Retail Individual Investors(RII)

    The retail individual investor or NRIs who apply up to Rs 2,00,000 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.

Tejas Networks IPO Subscription FAQs

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

Tejas Networks IPO Subscription

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

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

The Tejas Networks IPO allotment status is expected on or around Jun 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 OnJun 14, 2017
IPO Closes OnJun 16, 2017
Finalisation of Basis of AllotmentJun 21, 2017
Initiation of RefundsJun 22, 2017
Credit of Shares to Demat AccountJun 23, 2017
IPO Listing DateJun 27, 2017