TeamLease Services Limited
02 Feb 2016 – 04 Feb 2016
LISTED
Offer Price
₹785–850
Bid lot
15
Min Application
₹12,750
Issue Size
₹424 Cr
Key dates
Open date
02 Feb 2016
Done
Close date
04 Feb 2016
Done
Basis of allotment
—
TBA
Initiation of refunds
—
TBA
Credit to demat
—
TBA
Listing date
12 Feb 2016
Today
Issue reservation
₹424 CrQIB 50%Retail 35%5%
QIB
24.9 L sh · ₹212.00 Cr
Retail
17.5 L sh · ₹148.40 Cr
Employee
2.5 L sh · ₹21.20 Cr
BRLM: Axis Capital · Nuvama · JM Financial
Lot ladder — how much to bid
1 lot = 15 sharesRetail · Up to ₹2 L1–15 lots
Min · 1 lot
15 sh · ₹12,750
Max · 15 lots
225 sh · ₹1,91,250
S-HNI · ₹2 L to ₹10 L16–78 lots
Min · 16 lots
240 sh · ₹2,04,000
Max · 78 lots
1,170 sh · ₹9,94,500
B-HNI · Above ₹10 L79+ lots
Min · 79 lots
1,185 sh · ₹10,07,250
Entry point
₹10,07,250 onward
Issue details
Lead managersAxis Capital, Nuvama, JM Financial
Face value₹10
Listing onNSE
RegistrarKarvy Computershare Private Limited
Live subscription
19.19×
0×1×2×3×+
Oversubscribed
Book₹381.60 Cr
Subscribed₹7,323 Cr
Applications—
Share-wise
by category| Category | Book Size | Subscription | No. of Times |
|---|---|---|---|
| QIB | 24,94,118₹212.00 Cr | 6,72,66,349₹5,718 Cr | 26.97× |
| HNI | 7,48,235₹63.60 Cr | 13,86,03,098₹11,781 Cr | 185.24× |
| Retail | 17,45,882₹148.40 Cr | 1,85,41,269₹1,576 Cr | 10.62× |
| Employee | 2,49,412₹21.20 Cr | 3,44,188₹29.26 Cr | 1.38× |
| Total | 44,89,412₹381.60 Cr | 8,61,51,806₹7,323 Cr | 19.19× |
*QIB Book Size is Gross — the anchor allocation is not on this record yet.
Subscription Demand
in ₹ crore| Category | Applied |
|---|---|
| QIB | 5,717.64 |
| HNI | 11,781.26 |
| Retail | 1,576.01 |
| Employee | 29.26 |
| Total | 7,322.90 |
Amounts at the upper band (₹850). Times figures are computed from the shares this page shows so Book × Times = Subscribed always cross-checks.
Grey-market sentiment
No grey-market data yet.
How to apply
1Create your account & log inSign up on Investoyard and complete a quick KYC.
2Pick the IPO & tap ApplyOpen the live IPO and choose your investor category.
3Enter bid & quantityUp to 3 bids · cut-off or price band · retail cap ₹2,00,000.
4Approve the UPI mandateYou receive a fund-block request on your UPI app.
5DoneFunds stay blocked until allotment, then auto-debited (or released).
Frequently asked questions
What is the minimum investment in the TeamLease Services Limited IPO?
One lot of 15 shares — ₹12,750 at the upper price band of ₹850.
How many bids can I place?
Up to 3 bids per application. Retail applications are capped at ₹2,00,000; above that you must apply in the HNI category.
When are the funds debited?
Funds are blocked via a UPI mandate at application and debited only on allotment. If shares are not allotted, the block is released automatically.
When will the shares list?
Tentative listing on 2016-02-12 on NSE.