Tejas Networks IPO Dates, Price Band, Market Lot Details

IPO Initial Public Offerings

Tejas Networks is a surprising name in this month who are coming with IPO. They are an India based optical and data networking products supplier which they develop, design and sell. They are among top 10 supplier in global optical aggregation segment.

Their main object of the issue is to pay wages to their research and development team and working capital requirement. They need fresh money for general corporate purposes as well.

Tejas Networks IPO Review:

  • Apply for Listing Gain

Tejas Networks IPO Dates & Price Band:

  • IPO Open: 14-June-2017
  • IPO Close: 16-June-2017
  • IPO Size: Approx Rs. 450 Crores
  • Face Value: Rs. 10 Per Equity Share
  • Price Band: Rs. 250 to 257 Per Share
  • Listing on: BSE & NSE

Tejas Networks IPO Market Lot:

  • Shares: Apply for 55 Shares (Minimum Lot Size)
  • Amount: Rs.14,135

Tejas Networks IPO Allotment & Listing:

  • Basis of Allotment: 21-June
  • Refunds: 22-June
  • Credit to demat accounts: 23-June
  • Listing: 27-June

Tejas Networks Financial:

Their revenues are on positive mode this year almost doubled in 2016 compare to 2015. Their PAT is been came up positive compare to last few years. The PAT is 29 crore against loss of 18 crore in 2015. The next result will be the key for the IPO.

Particulars

For the year/period ended (in Rs. Crore)
Mar-16Mar-15Mar-14Mar-13Mar-12
Total Assets838.30728.06745.20656,34639.78
Total Revenue627.46386.83423.06369.27201.42
Profit After Tax (PAT)29.01(17.87)2.78(79.04)(92.89)

Company Promoters:
N/A
Quick Links:
DRHP Draft Prospectus

Tejas Networks IPO Registrar:
Link Intime India Private Ltd
Phone: +91-22-25963838
Fax: +91-22-25946969
Email: [email protected]
Website: http://www.linkintime.co.in

Tejas Networks IPO Lead Managers:
Axis Capital Limited
Citigroup Global Markets India Private Limited
Edelweiss Capital Limited
Nomura Financial Advisory And Securities (India) Pvt Ltd

Company Address:
Tejas Networks Limited
J.P. Software Park, Plot No. 25,
Sy.No. 13, 14, 17 & 18, Konnapana Agrahara Village
Begur Hobli, Bengaluru 560 100
Phone: +91 80 4179 4600
Fax: +91 80 2852 0201
Email:
Website: http://www.tejasnetworks.com/

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