Tejas Networks Limited IPO: Issue Price, Listing Gain and Share Price Now
Tejas Networks Limited listed on 27-Jun-2017 at ₹263.3 against an issue price of ₹257 , a listing gain of +2.45%. It last traded at ₹509.2. This page is the record of that issue and what has happened to it since — reported figures only.
Tejas Networks Limited IPO: listing gain and return since
| Measure | Value |
|---|---|
| Issue price | ₹257 |
| Listing price (listing-day close) | ₹263.3 |
| Listing gain | +2.45% |
| Price now | ₹509.2 |
| Change from issue price | +98.13% |
| Change from listing-day close | +93.39% |
The two changes above answer different questions and are routinely opposite in sign. The change from the issue price is what an allottee has made. The change from the listing-day close is what somebody who bought on the first day has made.
Tejas Networks Limited IPO details
| Issue term | Detail |
|---|---|
| Issue price (upper band) | ₹257 |
| Issue size | ₹776.69 Cr |
| Fresh issue | ₹450 Cr |
| Offer for sale | ₹326.69 Cr |
| Issue opened | 14-Jun-2017 |
| Issue closed | 16-Jun-2017 |
| Listed on | 27-Jun-2017 |
| Exchange | BSE, NSE |
| Segment | Mainboard |
| Lead managers | Axis Capital (left lead) |
How the Tejas Networks Limited IPO was subscribed
| Category | Subscription |
|---|---|
| QIB | 2.16x |
| NII | 0.48x |
| Retail | 3.10x |
| Total | 1.88x |
Tejas Networks Limited today
| Figure | Value |
|---|---|
| Market capitalisation | ₹9,062 Cr |
| Return on capital employed | -14.6% |
| Return on equity | -26.8% |
| 52-week high | ₹645 |
| 52-week low | ₹294 |
| Sector | Telecom - Equipment & Accessories |
Fundamentals are as of the desk's last harvest and move with the market.
- Tejas Networks Limited — full issue page: every stored figure, with its source.
- How many IPOs still trade above their issue price, corporate-action adjusted.
- The full IPO archive: listing gains by year, sector and issue size.
Automated data digest. This page is compiled automatically from exchange filings and public aggregator data. It is a record of reported figures — it is not research, not a recommendation, and not investment advice.
Grey Market Premium (GMP) is an unofficial, unregulated price quoted outside the exchanges. It is not a forecast of the listing price and is frequently wrong.
Published by INVESTOLOGY — SEBI Registered Research Analyst INH000015297. Investments in securities markets are subject to market risk; read all offer documents carefully before investing. Registration granted by SEBI and NISM certification in no way guarantee performance or assure returns.