Exchanges
BSE, NSE
Industry
Diversified Commercial Services
Issue
Book building

TeamLease Services IPO

₹1,032.00

+21.41% on listing

Listing-day close · NSE · 12 Feb 2016 · issue price ₹850

TeamLease Services’ ₹424 crore IPO was priced at ₹850 a share. It listed on the NSE on 12 Feb 2016 and closed its first day at ₹1,032.00, up 21.41% on the issue price.

Timeline

  1. Opens
  2. Closes
  3. Allotment
  4. Listing

Issue details

Issue size
₹424 Cr
Fresh issue
₹150 Cr
Offer for sale
₹274 Cr
Lot size
15 shares
Minimum investment
₹12,750
Face value
₹10
Registrar
Kfin Technologies

Subscription

TeamLease Services IPO subscription by investor category
CategoryShares offeredTimes subscribed
Total—38.72×

Overall, from the basis of allotment.

Financials and valuation

Market cap (post-issue)
₹1,453 Cr
Promoter holding
51.86% → 45.61%

From the offer documents.

Listing

Listing date
12 Feb 2016
Issue price
₹850
Open
₹860.00
High
₹1,032.00
Low
₹806.65
Close
₹1,032.00

Listing day on the NSE. The close was +21.41% on the issue price.

TEAMLEASE share price today

FAQs

When did the TeamLease Services IPO open and close?

It opened on 2 Feb 2016 and closed on 4 Feb 2016.

What was the TeamLease Services IPO price?

The price band was ₹785–850 a share. The final issue price was ₹850.

What is the lot size and minimum investment?

One lot is 15 shares, ₹12,750 at ₹850 a share. Retail investors apply in whole lots.

How much did TeamLease Services raise?

₹424 crore: ₹150 crore of new shares and ₹274 crore offered by existing shareholders.

How many times was the TeamLease Services IPO subscribed?

38.72 times overall.

How did TeamLease Services list?

It listed on the NSE on 12 Feb 2016 at ₹860.00 and closed the day at ₹1,032.00, up 21.41% on the ₹850 issue price.

Who is the registrar of the TeamLease Services IPO?

Kfin Technologies handles the allotment, refunds and credit of shares.

For information only. Not investment advice or a research report.

Full disclaimer

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