Tulip IT Services IPO Details

Bookbuilding IPO | ₹108 Cr | Listing at BSE, NSE | Fri, Dec 9, 2005 - Thu, Dec 15, 2005 P

Tulip IT Services IPO is a book build issue of ₹108.00 crores. The issue is entirely a fresh issue of 0.90 crore shares of ₹108.00 crore.

Tulip IT Services IPO bidding started from Dec 9, 2005 and ended on Dec 15, 2005.

Tulip IT Services IPO is set final issue price at ₹120 per share.

The book running lead manager (Not declared yet) and The registrar of the issue (Not declared yet).

Refer to for detailed Information.

IPO Open

Fri, Dec 9, 2005

IPO Close

Thu, Dec 15, 2005

Issue Price

₹120 per share

Market Cap (Pre-IPO)

To be declared

IPO Details

IPO Date9 to 15 Dec, 2005
Listing Date[.]
Face Value10 per share
Price Band₹100 to ₹120
Issue Price₹120 per share
Lot Size
Sale TypeFresh capital only
Issue TypeBookbuilding IPO
Listing AtBSE, NSE

Total Issue Size90,00,000 shares
(agg. up to ₹108 Cr)
Fresh Issue 90,00,000 shares
(agg. up to ₹108 Cr)
Share Holding Pre Issue2,00,00,000 shares
Share Holding Post Issue2,90,00,000 shares

IPO Timetable (Tentative)

Issue Reservation

Tulip IT Services IPO comprises a total issue size of 90,00,000 shares. The net offer to the public is 81,00,000 shares, after excluding 9,00,000 shares under a preferential allotment. Of the Net offer 40,50,000 (50.00%) are allocated to QIB, 12,15,000 (15.00%) allocated to NII 28,35,000 (35.00%) allocated to RII.

Investor Category Shares Offered % of Net Issue% of Total Issue
QIB Shares Offered 40,50,00050.00%45.00%
NII (HNI) Shares Offered 12,15,00015.00%13.50%
Retail Shares Offered 28,35,00035.00%31.50%
Preferential Reservations
Employee Shares Offered 9,00,00010.00%
Total Shares Offered 90,00,000100.00%100.00%

Investor Category Reservations

Application CategoryMaximum Bidding LimitsBidding at Cut-off Price Allowed
Only RII Up to Rs 2 Lakhs Yes
Only sNII Rs 2 Lakhs to Rs 10 Lakhs No
Only bNII Rs 10 Lakhs to NII Reservation Portion No
Only employee Yes
Employee + RII/NII
  • Employee limit: (In certain cases, employees are given discount if bidding amount is upto Rs. 2 lakhs)
  • If applying as RII: Upto Rs. 2 lakhs
  • If applying as NII: sNII > Rs. 2 lakhs and upto Rs. 10 lakhs and bNII > Rs. 10 lakhs
Yes for Employee and RII/NII

About Tulip IT Services Ltd.

Contact Details

Tulip IT Services Ltd. Address
Open an Instant Account with Zerodha

IPO FAQs

Tulip IT Services IPO is a main-board IPO of 90,00,000 equity shares of the face value of ₹10 aggregating up to ₹108 Crores. The issue is priced at ₹120 per share. The minimum order quantity is .

The IPO opens on Fri, Dec 9, 2005, and closes on Thu, Dec 15, 2005.

is the registrar for the IPO. The shares are proposed to be listed on BSE, NSE.

Zerodha customers can apply online in Tulip IT Services IPO using UPI as a payment gateway. Zerodha customers can apply in Tulip IT Services IPO by login into Zerodha Console (back office) and submitting an IPO application form.

Steps to apply in Tulip IT Services IPO through Zerodha

  1. Visit the Zerodha website and login to Console.
  2. Go to Portfolio and click the IPOs link.
  3. Go to the 'Tulip IT Services IPO' row and click the 'Bid' button.
  4. Enter your UPI ID, Quantity, and Price.
  5. Submit IPO application form.
  6. Visit the UPI App (net banking or BHIM) to approve the mandate.

Visit Zerodha IPO Application Process Review for more detail.

The Tulip IT Services IPO opens on Fri, Dec 9, 2005 and closes on Thu, Dec 15, 2005.

Tulip IT Services IPO lot size and the minimum order quantity is not available at this time. Please check again later.

You can apply in Tulip IT Services IPO online using either UPI or ASBA as a payment method. ASBA IPO application is available in the net banking of your bank account. UPI IPO Application is offered by brokers who don't offer banking services. Read more detail about applying IPO online through Zerodha, Upstox, 5Paisa, Nuvama, HDFC Bank, and SBI Bank.

The finalization of Basis of Allotment for Tulip IT Services IPO will be done on [.], and the allotted shares will be credited to your demat account by . Check the Tulip IT Services IPO allotment status.

The Tulip IT Services IPO listing date is not yet announced. The tentative date of listing is .

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