Tejas Networks IPO to list on BSE & NSE on 27-June-2017, Tuesday. As the grey market premium is in discount one can expect listing under cutting. Even thought the Tejas Networks is good company but the things are not looking well in grey market. The things might change on listing day but as per our view Tejas Networks is a longterm bet.
Tejas Networks IPO Listing Date, Listing Price, NSE Code, ISIN Number & Other Details are given below:
BSE Code: 540595
NSE Code: TEJASNET
Group: B
ISIN: INE010J01012
Offer Price: Rs. 257
Face Value: Rs.10
Listing Date: 27-June-2017, Tuesday
Tejas Networks IPO Listing Price:
| Details | BSE Listing | NSE Listing |
| Listing Price | 257.00 | 257.00 |
| High Price | 271.00 | 271.40 |
| Low Price | 257.00 | 257.00 |
| Close Price | – | – |
Tejas Networks IPO Subscription: (Fully Subscribed)
| Day | QIB | NII | RII | Total |
| Day 1 | 0.06 | 0.01 | 0.65 | 0.15 |
| Day 2 | 0.32 | 0.03 | 1.10 | 0.39 |
| Day 3 | 2.17 | 0.49 | 3.10 | 1.88 |
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
