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Tejas Networks Ltd. IPO
NSE & BSE Bookbuilding IPO Fresh Capital-cum-Offer for Sale Closed Live Chart
GMP +₹0 +0% Est. Listing ₹257
Issue Price
₹257
Face ₹10
GMP
+₹0
+0% premium
Est. Listing
₹257
GMP based
Lot Size
55
shares / lot
Min Amount
₹14,135
1 lot · 55 shares
Live Price
tap to chart
Allotment
Important Dates
6/6 completed
Open
Close
Allotment
Refund
Demat
Listing
Done
Open Date
14 Jun 2017
Wed Completed
Done
Close Date
16 Jun 2017
Fri Completed
Done
Allotment
21 Jun 2017
Wed Completed
Done
Refund
22 Jun 2017
Thu Completed
Done
Demat Credit
23 Jun 2017
Fri Completed
Done
Listing Date
27 Jun 2017
Tue Completed
UPI Deadline: 16 Jun 2017
Issue Details
Pricing & Size
Issue Price
₹257 Face ₹10
Lot Size
55 shares
Min Investment
₹14,135
Total Issue Size
3,02,21,332 shares (aggregating up to ₹776.69 Cr)
IPO Information
Issue Type
Bookbuilding IPO
Sale Type
Fresh Capital-cum-Offer for Sale
Listing Exchange
NSE & BSE
Script / Ticker
-
Allocation Breakdown
Market Maker
-
QIB Portion
2,26,66,000 (75.00%)
NII / HNI
45,33,199 (15.00%)
Retail
30,22,133 (10.00%)
Employee
-
Net Offer to Public
-
Shareholding Pattern
Pre-Issue Shareholding
7,20,38,130 shares
Post-Issue Shareholding
8,95,47,857 shares
Application Size
CategoryMin LotsSharesAmount
Retail (sNII) 1 55 ₹14,135
HNI / NII 15 825 ₹2,12,025
bHNI / bNII 71 3,905 ₹10,03,585
Objects of Issue
3 objectives
1
1 Capital expenditure towards payment of salaries and wages of the research and development team
45.29 Cr
2
2 Working capital requirement
303.00 Cr
3
3 General corporate purposes
76.21 Cr
Lead Managers & Market Maker
Book Running Lead Managers
Axis Capital Ltd.
Citigroup Global Markets India Pvt.Ltd.
Edelweiss Financial Services Ltd.
Nomura Financial Advisory & Securities (India) Pvt.Ltd.
IPO Timeline
Open
14 Jun
✓ Done
Close
16 Jun
✓ Done
Allotment
21 Jun
✓ Done
Listing
27 Jun
✓ Done
Registrar Details
MUFG Intime India Pvt.Ltd.
SEBI Registered Registrar & Transfer Agent
Phone
+91-22-4918 6270
Email
tnl.ipo@linkintime.co.in
Company Contact
Email
corporate@tejasnetworks.com
Phone
+91 80 4179 4600
Address
J.P. Software Park, Plot No. 25, Sy.No. 13, 14, 17 & 18, Konnapana Agrahara Village Begur Hobli, Bengaluru, Karnataka, 560100
Grey Market Premium
LIVE
Current GMP
+₹0
+0% vs Issue Price
Issue Price
₹257
Est. Listing
₹257
Lot Size
55 shares
P&L / Lot
+₹0
GMP is unofficial grey market data. Does not guarantee listing price or returns.
GMP Return Calculator
Estimated Listing
GMP %
Investment (1 Lot)
Total Investment
Expected P&L
ROI
Tejas Networks Ltd. LIVE
INR ·
vs Issue
Open
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Low
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P/E
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| Price
Market Reference
IPO Issue Price
₹257
GMP
+₹0 (+0%)
GMP Est. Listing
₹257
Previous Close
Exchange
Data from Yahoo Finance. May be delayed 15–20 min. GMP is unofficial. Not investment advice.
Category-wise Subscription
Category Sub (×) Offered Bid For Amt (Cr)*
QIB 2,26,66,000 (75.00%) ₹58,251.62 Cr
NII / HNI (Total) 45,33,199 (15.00%) ₹11,650.32 Cr
Retail Investors 30,22,133 (10.00%) ₹7,766.88 Cr
Total ** 3,02,21,332 (100.00%) ₹776,688.23 Cr
* Based on ₹257.00 (upper price band)
NII / HNI Breakdown
Shares Reserved
QIB
2,26,66,000 (75.00%)
NII
45,33,199 (15.00%)
Retail
30,22,133 (10.00%)
* Shares Offered and Total Amount are indicative. ** Excluding Market Maker portion. Data sourced from exchange bidding platform.
Financial Summary
Amount in Crore
Metric31-Mar-1631-Mar-1531-Mar-14
Revenue627.46386.83423.06
PAT29.0117.872.78
EBITDA
Net Worth
Total Assets838.30728.06745.20
Reserves
Borrowings
About Tejas Networks Ltd.

Incorporated in year 2000, Tejas Networks Ltd is Bangalore based optical and data networking products company. Trjas design, develop and sell products to telecommunications service providers, internet service providers, utility companies, defense companies and government entities in India and over 60 countries. These products are used in building high-speed communication networks to carry voice, data and video traffic from fixed line, mobile and broadband networks over optical fiber.

Tejas Networks build hardware and software products related to optical and data networking. The hardware is build using modular approach and the software-defined architecture allows the company to remotely upgrade the hardware with new capabilities and features. Tejas Networks outsource most of its manufacturing to electronics manufacturing services companies.

Tejas Networks offer pay-as-you-grow business model where its clients purchase its products/services incrementally as needed.

Tejas Networks Ltd have filed 326 patent applications, with 198 filings in India, 87 filings in the United States and 6 filings in Europe, out of which 47 patents have been granted.

Frequently Asked Questions
What is the issue price of Tejas Networks Ltd. IPO?
The issue price of Tejas Networks Ltd. IPO is ₹257 per share, face value ₹10.
What is the lot size?
Minimum lot size is 55 shares, requiring ₹14,135.
What are the IPO dates?
Opens 14 Jun 2017, closes 16 Jun 2017.
When is the listing date?
Tentative listing: 27 Jun 2017 on NSE & BSE.
What is the current GMP?
Current GMP is +₹0, estimated listing ₹257 (+0%). GMP is unofficial.
How to apply?
Apply via ASBA through your bank, or via UPI through any broker app.

Check Allotment Status

Tejas Networks Ltd. IPO · Expected 21 Jun 2017

Check on Registrar
Post-IPO Timeline
Allotment Date
21 Jun 2017
Refund Initiation
22 Jun 2017
Demat Credit
23 Jun 2017
Listing Date
27 Jun 2017
Live Price LIVE
Quick Facts
Closed
GMP Signal
Bullish
+₹0
+0%
Issue Price
₹257
Face ₹10
Lot Size
55
shares / lot
Min Amount
₹14,135
1 lot
Est. Listing
₹257
GMP +₹0
Key Dates
Open
14 Jun Done
Close
16 Jun Done
Listing
27 Jun Done
Registrar
MUFG Intime India Pvt.Ltd.
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