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Tejas Networks IPO
₹263.50
+2.53% on listing
Listing-day close · NSE · 27 Jun 2017 · issue price ₹257
Tejas Networks’ ₹777 crore IPO was priced at ₹257 a share. It listed on the NSE on 27 Jun 2017 and closed its first day at ₹263.50, up 2.53% on the issue price.
Timeline
- Opens
- Closes
- Allotment
- Refunds
- Shares in demat
- Listing
Issue details
- Issue size
- ₹777 Cr
- Fresh issue
- ₹450 Cr
- Offer for sale
- ₹327 Cr
- Lot size
- 55 shares
- Minimum investment
- ₹14,135
- Face value
- ₹10
- Registrar
- MUFG Intime India
Subscription
| Category | Shares offered | Times subscribed |
|---|---|---|
| Total | — | 1.47× |
Overall, from the basis of allotment.
Financials and valuation
- Market cap (post-issue)
- ₹2,301 Cr
From the offer documents.
Listing
- Listing date
- 27 Jun 2017
- Issue price
- ₹257
- Open
- ₹257.00
- High
- ₹271.40
- Low
- ₹257.00
- Close
- ₹263.50
Listing day on the NSE. The close was +2.53% on the issue price.
TEJASNET share price todayFAQs
When did the Tejas Networks IPO open and close?
It opened on 14 Jun 2017 and closed on 16 Jun 2017.
What was the Tejas Networks IPO price?
The price band was ₹250–257 a share. The final issue price was ₹257.
What is the lot size and minimum investment?
One lot is 55 shares, ₹14,135 at ₹257 a share. Retail investors apply in whole lots.
How much did Tejas Networks raise?
₹777 crore: ₹450 crore of new shares and ₹327 crore offered by existing shareholders.
How many times was the Tejas Networks IPO subscribed?
1.47 times overall.
How did Tejas Networks list?
It listed on the NSE on 27 Jun 2017 at ₹257.00 and closed the day at ₹263.50, up 2.53% on the ₹257 issue price.
Who is the registrar of the Tejas Networks IPO?
MUFG Intime India handles the allotment, refunds and credit of shares.
For information only. Not investment advice or a research report.
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