Tejas Networks IPO subscribed nearly 2 times

17-06-2017
DH

According to data available on the NSE website, the issue has received bids for 3.21 crore shares against the issue size of 1.71 crore shares. 

The retail portion was subscribed over three times with bids being received for 95.1 lakh shares against the reserved portion of 30.71 lakh shares. The qualified institutional buyer category was subscribed over two times with bids for over 2.04 crore shares. The issue which opened on June 17 had a price band of Rs 250 to Rs 257 per share. Axis Capital, Citigroup Global Markets India, Edelweiss Financial Services and Nomura Financial Advisory and Securities India are the book running lead managers to the issue.

Write your Comments on this Article

Disclaimer: Please write your correct name and email address. Kindly do not post any personal, abusive, defamatory, infringing, obscene, indecent, discriminatory or unlawful or similar comments. Konkanworld.com will not be responsible for any defamatory message posted under this article. Please note that under 66A of the IT Act, sending offensive or menacing messages through electronic communication service and sending false messages to cheat, mislead or deceive people or to cause annoyance to them is punishable. It is obligatory on Konkanworld.com to provide the IP address and other details of senders of such comments, to the authority concerned upon request. Hence, sending offensive comments using Konkanworld.com will be purely at your own risk, and in no way will Konkanworld.com be held responsible. Similarly, Konkanworld.com reserves the right to edit / block / delete the messages without notice any content received from readers.

  • Konkan World
  • Stay Connected
  • Facebook Google+ Twitter YouTube

KONKAN WORLD offers accurate, up-to-date, a large collection of videos from KONKAN WORLD VIDEOS and indulge in fun you will not find else where!.
© Copyright 2014 Konkanworld media Inc