Tuesday, June 13, 2017

Tejas Networks Limited IPO - Open for subscription from 14th Jun'17 to 16th Jun'17

ISSUE STRUCTURE

Issuer
Tejas Networks Limited

Issue Type
100% Book Built Issue IPO

Issue Size (Rs):
Equity Shares Aggregating up to Rs.450 Crores (“FRESH ISSUE”) and an offer for sale up to 12,711,605 Equity Shares.

Price Band:
Rs.250/- to Rs.257/- per Equity Share

Bit Lot:
55 Shares and in multiples thereafter

Listing:
BSE, NSE

Offer Opens on
Wednesday, June 14, 2017

Offer Closes on
Friday, June 16, 2017

Company Profile
Tejas Networks Limited is a India-based optical and data networking products company with customers in over 60 countries. It designs, develops and sells high-performance and cost-competitive products to telecommunications service providers, internet service providers, utility companies, defence companies and government entities (collectively, “Communication Service Providers”).

Investor Category Allocation

QIB: 75% of the issue size - At least 2,26,65,999 Equity Shares

HNI: 15% of the issue size 45,33,200 Equity Shares

Retail Individual Bidders: 10% of the issue size 30,22,133 Equity Shares


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