IPO Price History
Closed
Tejas Networks Limited logo

Tejas Networks Limited IPO

Mainboard IPOListedTEJASNETNSE
Current Market Price (CMP)
₹407.30(+58.48%)
Current Price (CMP)
₹407.30(+58.48%)

Live Market Quote

Listing Price & Gain
₹257(0.00%)

Day 1 Exchange Open

IPO Issue Price
₹257

Band: ₹250 - ₹257

Total Subscription
1.88x

Overall Bid Demand

Total Issue Size
—

Gross Public Offer

IPO Schedule & Key Dates

IPO Bidding Opens
14 Jun 2017
IPO Bidding Closes
16 Jun 2017
Allotment & Refunds
Completed
Exchange Listing Day
27 Jun 2017

IPO Subscription Status

Breakdown of institutional, high-net-worth, and retail bidding demand

Overall Demand: 1.88x
Investor CategorySubscriptionDemand Scale
Qualified Institutional Buyers (QIB)2.16x
Non-Institutional Investors (NII / HNI)0.48x
Retail Individual Investors (RII)3.1x
Total Subscription1.88x
Updated as on 16th Jun 2017 at 1900 hrs

Listing Day & Return Performance

Listing Day Gain0.00%
₹257 (Issue) → ₹257 (List)
Per share profit: +₹0.00
Holding Return (Till Date)+58.48%
₹257 (Issue) → ₹407.30 (CMP)
Net gain per share: +₹150.30
Post-Listing Performance (Listing Day → Today):+58.48%

About Tejas Networks Limited IPO

Tejas Networks Limited is an Indian public offering categorized under the Mainboard segment. The public issue opened for bidding on 14 Jun 2017 and concluded on 16 Jun 2017, offering equity shares to institutional, non-institutional, and retail investors with an indicative price band of ₹250 - ₹257.

During the bidding window, Tejas Networks Limited recorded an overall subscription of 1.88 times. Institutional investors (QIB) subscribed 2.16x, non-institutional high-net-worth investors (NII) subscribed 0.48x, and retail individual investors (RII) bid 3.1x their reserved quota.

The equity shares of Tejas Networks Limited officially debuted on the stock exchanges on 27 Jun 2017 at an opening listing price of ₹257, delivering a listing day return of 0.00% (premium) over the final issue price. As per the latest market data, the stock trades at ₹407.30, representing an overall gain of +58.48% since its IPO allotment.

Frequently Asked Questions

What was the issue price or price band of Tejas Networks Limited IPO?
The issue price of Tejas Networks Limited IPO was fixed at ₹257 per equity share. The indicative bidding price band was ₹250 - ₹257.
What were the open, close, and listing dates for Tejas Networks Limited IPO?
Tejas Networks Limited IPO opened on 14 Jun 2017, closed on 16 Jun 2017, listed on 27 Jun 2017.
How much was Tejas Networks Limited IPO subscribed?
The IPO received an overall subscription of 1.88 times. Category-wise, QIBs subscribed 2.16x, NIIs subscribed 0.48x, and Retail investors subscribed 3.1x.
What was the listing price and listing gain of Tejas Networks Limited IPO?
Tejas Networks Limited IPO listed on the stock exchange at ₹257, delivering a listing gain of 0.00% compared to the IPO issue price of ₹257.
Is Tejas Networks Limited IPO a Mainboard or SME IPO?
Tejas Networks Limited IPO is a Mainboard IPO listed on the main exchange of NSE.
What is the current return of Tejas Networks Limited IPO since its IPO?
At the latest market quote of ₹407.30, Tejas Networks Limited IPO has generated an all-time return of +58.48% since its initial public offering.

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