Team Lease Services Ltd IPO


IPO Subscription Details

  • Open Date 02 Feb
  • Close Date 04 Feb
  • Lot Size 15
  • IPO Size ₹ 423.68 Cr
  • IPO Price Range ₹ 850
  • Min Investment ₹ 12750

IPO Synopsis

Public issue of 4,984,438 equity shares of face value of Rs. 10 each (equity shares) of Teamlease Services Limited (company or issuer) for cash at a price of Rs. 850 per equity share (including a share premium of Rs. 840 per equity share) (offer price) aggregating to Rs. 423.68 crores comprising of a fresh issue of 1,764,705 equity shares by the company aggregating to Rs. 150.00 crores (fresh issue) and an offer for sale of 275,977 equity shares by Gaja Capital India Fund-I (GCIF), 76,660 equity shares by Gaja Advisors Private Limited (GAPL), 1,180,569 equity shares by GPE (India) Ltd. (GIL), 1,533,206 equity shares by India Advantage Fund S3 I (IAF) and 153, 321 equity shares by HR Offshoring Ventures Pte Ltd. (HROV) (the selling shareholders) aggregating to Rs. 273.68 crores (the offer for sale and together with the fresh issue, the offer). The offer comprises a net offer to the public of 4,974,438 equity shares (the net offer) and a reservation of 10,000 equity shares aggregating to Rs. 85.00 crores for subscription by eligible employees (the employee reservation portion). The net offer will constitute 29.10% of post-offer paid-up equity share capital. The Face value of the equity share is Rs. 10 each.

How to apply for IPO?

  • Login to your 5paisa account 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 mandate notification to block funds in your UPI app

  • Approve the mandate request on your UPI and funds will be blocked

Contact Details of Team Lease Services Ltd IPO

Contact Information

6th Flr BMTC Commercial Comple,
80 Feet Road Koramangala,
Bangalore, Karnataka 560095

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