Tejas Networks Ltd IPO

Closed

Subscription Details

  • Open Date 14 Jun
  • Close Date 16 Jun
  • Lot Size 55
  • IPO Size ₹ 776.69 Cr
  • IPO Price Range ₹ 257
  • Min Investment ₹ 14135

Tejas Networks Ltd IPO Timeline

Open Date
14 Jun
Close Date
16 Jun
Basis of Allotment
-
Refunds
-
Credit to Demat Account
-
Listing Date
-

IPO Synopsis

Initial public offering of 30,221,332 equity shares of face value of Rs. 10 each (equity shares) of Tejas Networks Limited (company or issuer) for cash at a price of Rs. 257 per equity share (including a share premium of Rs. 247 per equity share) (the offer price) aggregating to Rs. 776.69 crores (offer) comprising a fresh issue of 17,509,727 equity shares aggregating up to Rs. 450 crores (fresh issue) and an offer for sale of up to 12,711,605 equity shares by the selling shareholders, aggregating up to Rs. 326.69 crores (offer for sale). The offer shall constitute 32.56% of the post-offer paid-up equity share capital of the company. Offer Price is Rs. 257 per equity share of face value of Rs. 10 each. The Offer price is 25.7 times the face value.

How to apply for an 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 Tejas Networks Ltd IPO

Contact Information

Address

J P Software Park Plot No 25,
Sy No 13/14/17&18 Begur Hobli,
Bengaluru, Karnataka 560100

Open Demat Account