Tulip Telecom Ltd IPO

Closed

Subscription Details

  • Open Date 09 Dec
  • Close Date 15 Dec
  • Lot Size 50
  • IPO Size ₹ 108 Cr
  • IPO Price Range ₹ 120
  • Min Investment ₹ 6000

Tulip Telecom Ltd IPO Timeline

Open Date
09 Dec
Close Date
15 Dec
Basis of Allotment
-
Refunds
-
Credit to Demat Account
-
Listing Date
-

IPO Synopsis

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.

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 Tulip Telecom Ltd IPO

Contact Information

Address

C-160 Okhla Industrial Area,
Phase-I,
New Delhi, New Delhi 110020

Tulip Telecom Ltd IPO Lead Manager

Karvy Investor Services LtdYES Bank Ltd
Open Demat Account