Tejas Networks Limited
14 Jun 2017 – 16 Jun 2017
LISTED
Offer Price
₹250–257
Bid lot
55
Min Application
₹14,135
Issue Size
₹777 Cr
Key dates
Open date
14 Jun 2017
Done
Close date
16 Jun 2017
Done
Basis of allotment
—
TBA
Initiation of refunds
—
TBA
Credit to demat
—
TBA
Listing date
27 Jun 2017
Today
Issue reservation
₹777 CrQIB 50%Retail 35%
QIB
1.51 Cr sh · ₹388.50 Cr
Retail
1.06 Cr sh · ₹271.95 Cr
BRLM: Axis Capital Limited · Citigroup Global Markets India Private Limited · Edelweiss Financial Services Limited · Nomura Financial Advisory and Securities (India) Private Limited
Lot ladder — how much to bid
1 lot = 55 sharesRetail · Up to ₹2 L1–14 lots
Min · 1 lot
55 sh · ₹14,135
Max · 14 lots
770 sh · ₹1,97,890
S-HNI · ₹2 L to ₹10 L15–70 lots
Min · 15 lots
825 sh · ₹2,12,025
Max · 70 lots
3,850 sh · ₹9,89,450
B-HNI · Above ₹10 L71+ lots
Min · 71 lots
3,905 sh · ₹10,03,585
Entry point
₹10,03,585 onward
Issue details
Lead managersAxis Capital Limited, Citigroup Global Markets India Private Limited, Edelweiss Financial Services Limited, Nomura Financial Advisory and Securities (India) Private Limited
Face value₹10
Listing onNSE
RegistrarLink Intime India Private Limited
Live subscription
2.55×
0×1×2×3×+
Oversubscribed
Book₹660.45 Cr
Subscribed₹1,682 Cr
Applications—
Share-wise
by category| Category | Book Size | Subscription | No. of Times |
|---|---|---|---|
| QIB | 1,51,16,732₹388.50 Cr | 3,26,52,140₹839.16 Cr | 2.16× |
| HNI | 45,35,019₹116.55 Cr | 21,76,809₹55.94 Cr | 0.48× |
| Retail | 1,05,81,712₹271.95 Cr | 3,28,03,307₹843.04 Cr | 3.10× |
| Total | 2,56,98,444₹660.45 Cr | 6,54,55,447₹1,682 Cr | 2.55× |
*QIB Book Size is Gross — the anchor allocation is not on this record yet.
Subscription Demand
in ₹ crore| Category | Applied |
|---|---|
| QIB | 839.16 |
| HNI | 55.94 |
| Retail | 843.04 |
| Total | 1,682.20 |
Amounts at the upper band (₹257). 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.
Documents
RHPOpen ↗
Filed with SEBI / the exchange by the issuer. Opens on the issuer's or the regulator's site.
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 Tejas Networks Limited IPO?
One lot of 55 shares — ₹14,135 at the upper price band of ₹257.
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 2017-06-27 on NSE.