Tulip Telecom Ltd IPO

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Public Issue of 90,00,000 Equity Shares of Rs. 10/- each for cash at a price of Rs. 120 per equity share aggregating Rs. 108 crores by Tulip IT Services Limited (the company or issuer) (hereinafter referred to as the issue) comprising 9,00,000 equity shares of Rs.10/- reserved for eligible employees of the company and a net offer to public of 81,00,000 equity shares of Rs. 10/- each. The issue would constitute 31.03% of the fully diluted post issue paid up capital of the company. The net offer to the public would constitute 27.93% of the fully diluted post issue paid up capital of the company. The Issue price is 12 times of the face value.

Tulip Telecom Ltd IPO Subscription Details


Tulip Telecom Ltd

Issue Type

(Book Built Portion)

Open Date

09 Dec

Close Date

15 Dec

Offer Price


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How to apply IPO on 5paisa app?

  • Login to your 5paisa Mobile Trading App and select the issue in the current IPO section
  • Enter the number of lots and price at which you wish to apply for
  • Enter your UPI ID and click on submit. With this, your bid will be placed with the exchange
  • You will receive a notification to block funds in your UPI app
  • Approve the block request

Tulip Telecom Ltd IPO Frequently Asked Questions

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Contact Details of Tulip Telecom Ltd IPO

Company Contact Information

Tulip Telecom Ltd IPO
C-160 Okhla Industrial Area,
New Delhi, New Delhi 110020.

Phone: 91-011-66205000/41678001
Email: jagdish.patra@tulip.net

Tulip Telecom Ltd IPO Register

Karvy Computershare Pvt Ltd

Tulip Telecom Ltd IPO Lead Manager(s)

  • Karvy Investor Services Ltd
  • YES Bank Ltd

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