IPO Advisory
In-depth, experienced and seamless execution throughout the IPO Process.
IPO Detail
IPO Information
Financial
Financial Report
Peer Comparison
Peer Comparison
Performance
Performance Report
Tejas Networks IPO is a Book Building IPO listing on BSE,NSE exchange, with an ipo size of ₹ 776.69 Cr. The company is based in Bangalore and caters to Telecom sector. Axis Capital , Citigroup Global Markets India , Edelweiss Financial Services , Nomura Financial Advisory And Securities (India) are the merchant bankers of Tejas Networks IPO. It is a MainBoard IPO which filed its Draft Red Herring Prospectus (DRHP) on 10th February 2017.
Tejas Networks IPO open date is 14th June 2017 and close date is 16th June 2017. IPO Allotment Date is 21st June 2017 and Listing date is 27th June 2017.
IPO
Size:
₹ 776.69 Cr.
Avg IPO Size (Sector Based)
: ₹
3,062.28 cr.
Sector: Telecom
IPO so far:
10
Merchant Banker:
Axis Capital
IPO by BRLM so far:
163
City:
Bangalore
IPO so far:
45
Revenue (annualised):
₹
878.20
cr. 
PE
Ratio:
36.00x
Average Sector PE Ratio: 26.07x
Tejas Networks IPO size is ₹ 776.69 Cr. with IPO price of ₹ 257.00. IPO subscription will start on IPO open date and end on IPO close date as per above. IPO valuation metrics can be seen here.
Axis Capital Limited is the book-running lead manager of the Tejas Networks IPO. Link Intime India Private Limited is the Registrar for Tejas Networks IPO.
Tejas Networks IPO Draft red herring prospectus (DRHP) and Red Herring prospectus (RHP) are available below.
Tejas Networks IPO, based in Bangalore, operates in the Telecom sector with a focus on internet service providers. The company is launching its MainBoard IPO on the BSE,NSE exchange, using the Book Building Issue method. Tejas Networks IPO size is ₹ 776.69 Cr. with fresh issue size of ₹ 777 and Offer for sale being ₹ Nil
The IPO allotment date for Tejas Networks IPO is expected to be 21st June 2017, after the finalization of basis of allotment. Investors can check Tejas Networks IPO allotment status on the registrars website, Link Intime India Private Limited . Tejas Networks IPO refund dates are 22nd June 2017.
Tejas Networks IPO is expected to be listed on 27th June 2017.
The upper price band for the Tejas Networks IPO is set at ₹ 257.00 per equity share. IPO price band is arrived at on the basis of IPO Valuation (P/E multiple) which is mentioned in the RHP.
For IPO analysis on Tejas Networks IPO, explore our Financial Review Page for insights on fundamentals, peer analysis, and key IPO data, assisting investors to make informed decisions to apply or not.
To apply for the Tejas Networks IPO, investors can use the ASBA (Application Supported by Blocked Amount) process via their bank's net banking or apply through UPI using a registered broker or trading app. The IPO is available in retail, HNI, and institutional investor categories. Investors must select the lot size, enter bid details within the price band, and submit their application before the IPO closing date of 16th June 2017. After submission, funds are blocked until the basis of allotment of Tejas Networks IPO is finalised.
The merchant banker for Tejas Networks IPO is Axis Capital Limited , Citigroup Global Markets India Private Limited , Edelweiss Financial Services Limited , Nomura Financial Advisory And Securities (India) Private Limited . Axis Capital Limited , Citigroup Global Markets India Private Limited , Edelweiss Financial Services Limited , Nomura Financial Advisory And Securities (India) Private Limited manages the IPO process, including underwriting, regulatory compliance, and investor coordination. Investors can refer to the Tejas Networks IPO RHP for further details.
The registrar for Tejas Networks IPO is Link Intime India Private Limited . Investors can go to Link Intime India Private Limited registrar website for IPO allotment status, refund processing, and other queries related to Tejas Networks IPO through their official website or helpline.
Tejas Networks IPO was subscribed 1.88 times. Stay updated on IPO details, subscription, and allotment news for informed investment decisions.
IPO
Size:
₹ 776.69 Cr.
Avg IPO Size (Sector Based)
:
₹ 3,062.28 Cr.
Sector: Telecom
IPO so far:
10
Merchant Banker:
Axis Capital
IPO by BRLM so far:
163
City:
Bangalore
IPO so far:
45
Revenue (annualised):
₹ 878.20 cr.
PE
Ratio:
36.00x
Average Sector PE Ratio: 26.07x
Tejas Networks IPO may offer opportunites, depending on your investment strategy. For in-depth analysis, risk factors, and KPIs, check our detailed report on Tejas Networks Financial Review Page
Merchant Banker(s) of Tejas Networks IPO: Axis Capital Limited , Citigroup Global Markets India Private Limited , Edelweiss Financial Services Limited , Nomura Financial Advisory And Securities (India) Private Limited
Tejas Networks IPO subscription was 1.88 X. IPO subscription refers to applications received in an IPO by each quota, i.e., QIB, Retail, and NII. In some IPOs, Eligible employee quota and shareholder’s quota are also present. Learn more about IPO subscriptions here.
Tejas Networks IPO listed at a listing price of 263.30 against the offer price of 257.00.
The current market price of Tejas Networks is 638.70.
Why Us?
