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The basis of allotment for Tejas Networks IPO is available now.
The Tejas Networks IPO allotment status will be available on Wednesday, June 21, 2017, as per the timeline provided in the red-herring prospectus.
Below are the steps to check Tejas Networks Ltd. IPO allotment status online:
Note: The disabled button shows that the allotment is not yet available online.
The allotment result looks like as below:
The expected Listing price of Tejas Networks IPO depends on many factors including demand, nature of the business, market environment, and state of the economy. The Tejas Networks IPO grey market premium gives some hint but the actual Listing price is difficult to guess.
Tejas Networks Ltd. IPO IPO allotment status is expected on Wednesday, June 21, 2017. Click the green button Tejas Networks Ltd. IPO allotment status above to check the allotment. Note : The button remains disabled until the allotment is available online.
If Tejas Networks IPO oversubscribed in the retail category, the Tejas Networks IPO shares will be distributed on a proportionate basis to Retail Individual Investors (RII). Each retail investor will get a minimum of 1 lot subject to the availability of shares in the retail portion. If enough shares are not available, a lottery is drawn to choose the investors.
The Tejas Networks Ltd. listing date is June 27, 2017. The equity shares of Tejas Networks Ltd. will list on BSE, NSE.
The reason you didn't get the Tejas Networks IPO could be:
RHP