Tejas Networks IPO Subscription Details

Bookbuilding IPO | ₹777 Cr | Listed at BSE, NSE | Wed, Jun 14, 2017 - Fri, Jun 16, 2017

Basis of Allotment - Tejas Networks IPO

Category QIB NII Retail Total
Ex. Anchor Anchor Investor Total QIB
Allocation (No. of shares)90,66,4001,35,99,6002,26,66,00045,33,19930,22,1333,02,21,332
Allotment price (Rs.)257257257257257257
No.of applications2418421061,19,3481,19,496
No.of shares applied2,04,11,1051,43,78,4853,47,89,5908,79,72588,33,5504,45,02,865
Amount collected (Rs.cr.)524.57 369.53 894.09 22.61 227.02 1,143.72
No.of times subscribed2.251.061.530.192.921.47
No.of shares allotted1,22,90,0541,35,99,6002,58,89,6548,79,72534,51,9533,02,21,332
Amount (Rs.cr.)315.85 349.51 665.36 22.61 88.72 776.69
No.of allottees24184210662,76262,910

IPO Shares Offered

Tejas Networks IPO is a public issue of 3.02 Cr equity shares. The issue offers 0.30 Cr shares to retail investors, 2.27 Cr shares to qualified institutional buyers, and 0.45 Cr shares to non-institutional investors.

CategoryShares OfferedAmt (₹ Cr.)Size (%)
QIB 2,26,66,000582.52 75.00%
    Anchor 1,35,99,600 349.51 45.00%
    QIB (Ex Anchor) 90,66,400 233.01 30.00%
NII 45,33,199116.50 15.00%
Retail30,22,13377.67 10.00%
Total3,02,21,332776.69 100%

Tejas Networks IPO Anchor Investor Allocation

A total of 1,35,99,600 shares at a price of Rs 257 per share will be allotted to the anchor investors.

Anchor investors bid opening dateJun 13, 2017
Anchor investor price₹257.00
Anchor investors as % of QIBs60.00%
No. of shares locked-in for 30 days67,99,800
No. of shares locked-in for 90 days67,99,800
S.No.Anchor InvestorGroup EntityNo. of Shares AllottedAmount (Rs.cr.)% Allotment within Anchor Investor Portion% Allotment of Issue
1 ABU DHABI INVESTMENT AUTHORITY-BEHAVE ABU DHABI INVESTMENT 13,29,405 34.17 9.78 4.40
2 EAST BRIDGE CAPITAL MASTER FUND LTD. EAST BRIDGE 13,29,405 34.17 9.78 4.40
3 AMANSA HOLDINGS PVT.LTD. AMANSA 13,29,350 34.16 9.77 4.40
4 NIPPON INDIA SMALL CAP FUND NIPPON INDIA MUTUAL FUND 13,22,860 34.00 9.73 4.38
5 COLUMBIA EMERGING MARKETS FUND COLUMBIA 12,45,145 32.00 9.16 4.12
6 PI OPPORTUNITIES FUND I PI OPPORTUNITIES 11,67,265 30.00 8.58 3.86
7 SBI LIFE INSURANCE CO.LTD. SBI LIFE INSURANCE 11,67,265 30.00 8.58 3.86
8 STANDARD LIFE INVESTMENTS GLOBAL SICAV-GLOBAL EMERGING MARKETS EQUITY UNCONSTRAINED FUND STANDARD LIFE 7,82,210 20.10 5.75 2.59
9 AMUNDI FUNDS EQUITY INDIA AMUNDI 7,78,195 20.00 5.72 2.57
10 COLUMBIA VARIABLE PORTFOLIO-EMERGING MARKETS FUND COLUMBIA 7,00,370 18.00 5.15 2.32
11 STANDARD LIFE INVESTMENT CO.(ICVC)-GLOBAL EMERGING MARKETS EQUITY INCOME FUND STANDARD LIFE 4,66,785 12.00 3.43 1.54
12 RELIANCE NIPPON LIFE INSURANCE CO.LTD. RELIANCE NIPPON LIFE INSURANCE 3,89,125 10.00 2.86 1.29
13 DRIEHAUS EMERGING MARKETS SMALL CAP GROWTH FUND,A SERIES OF DRIEHAUS MUTUAL FUNDS DRIEHAUS 3,89,125 10.00 2.86 1.29
14 BANDHAN INFRASTRUCTURE FUND BANDHAN MUTUAL FUND 3,89,125 10.00 2.86 1.29
15 BNP PARIBAS ARBITRAGE BNP PARIBAS 2,30,255 5.92 1.69 0.76
16 KOTAK ELSS TAX SAVER FUND KOTAK MAHINDRA MUTUAL FUND 1,94,590 5.00 1.43 0.64
17 EXIDE LIFE INSURANCE CO.LTD.-POOL ACCOUNT EXIDE LIFE INSURANCE 1,94,590 5.00 1.43 0.64
18 KOTAK INFRASTRUCTURE & ECONOMIC REFORM FUND KOTAK MAHINDRA MUTUAL FUND 1,94,535 5.00 1.43 0.64
1,35,99,600349.5110045.00

IPO Subscription FAQs

The Tejas Networks IPO is subscribed 1.88 times by Jun 16, 2017 18:00.

Tejas Networks IPO Subscription

Investor Category Subscription (times)
Qualified Institutional2.16
Non Institutional0.48
Retail Individual3.1
Total Subscription1.88

Retail category of Tejas Networks IPO subscribed 3.1 times as of date Jun 16, 2017 18:00. The public issue closes on Fri, Jun 16, 2017 for bidding.

An investor can apply in Tejas Networks IPO online via bank (using ASBA) or the broker (using UPI). The Tejas Networks IPO shares are offered online only.

The Tejas Networks IPO is subscribed 1.88 times by Jun 16, 2017 18:00.

The Tejas Networks IPO allotment status is expected on or around Wednesday, June 21, 2017. Visit Tejas Networks IPO allotment status to check.

The Tejas Networks IPO listing date is June 27, 2017. The equity share of Tejas Networks IPO will list on BSE, NSE.

Visit Tejas Networks IPO subscription status page for real-time bidding information about Tejas Networks IPO.

Tejas Networks IPO Timetable

IPO opens OnWednesday, June 14, 2017
IPO Closes OnFriday, June 16, 2017
Finalisation of Basis of AllotmentWednesday, June 21, 2017
Initiation of RefundsThursday, June 22, 2017
Credit of Shares to Demat AccountFriday, June 23, 2017
IPO Listing DateTuesday, June 27, 2017
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