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Tejas Networks IPO Final Day Subscription Figures

Tejas Networks IPO Final Day Subscription Figures - Apply IPO
Tejas Networks IPO Final Day Subscription Figures:

Tejas Networks Ltd (TNL) IPO subscription has closed on 16th June 2017. Tejas Networks IPO final day subscription figures also does not looks good considering the size of the issue. Tejas Networks IPO has got subscribed by 1.88 times on final day.

After Second Day Subscription end , Tejas Networks IPO final day subscription also seen interest from Retail Individual Investors (RIIs) only while Qualified Institutional Buyers (QIBs) shown some interest only. While Non Institutional Investors (NIIs) remain under subscribe.

While Looking at the size of the issue Tejas Networks IPO final day subscription figures does not looks good.

Detailed Tejas Networks IPO final day subscription figures are as follow:

Tejas Networks IPO Final Day Subscription Figures
CategoryNo.of shares

offered/reserved

No. of shares

bid for

No. of times of

total meant for

the category

Qualified Institutional Buyers (QIBs)9434105204111052.16
Non Institutional Investors460674022218900.48
Retail Individual Investors(RIIs)307116095108753.10
Total17112005321438701.88
Updated as on 16 June 2017 at 1900 hrs

Current Grey Market Premium of Tejas Networks Ltd (TNL) IPO is trading between Rs 2 – Rs 3 per equity share.

For More information about Tejas Networks IPO Pricing, size and other updates you can visit the below link:

Tejas Networks Ltd IPO (TNL IPO) Details

Market Update:

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Housing and Urban Development Corporation Ltd IPO (HUDCO) listing is also successfully completed.

PSP Projects Ltd(PPL) IPO bidding is also over. Indigrid Invit Fund IPO bidding also able to close successfully on May 19, 2017.

Tejas Networks Ltd (TNL) IPO bidding is going to hit market from June 14, 2017 – June 16, 2017. While Eris Lifesciences Ltd IPO (ELL IPO) bidding is also going to active from June 16, 2017 – June 20, 2017.

Central Depository Services IPO Grey Market Premium (CDSL GMP) is trading between Rs 111 – Rs 113 per equity share. While Tejas Networks Grey Market Premium (GMP) also started trading at Rs 2 – Rs 3 per equity share.

Eris Lifesciences IPO Grey Market Premium (ELL GMP) is also started trading at Rs 68 – Rs 70 per equity share.

Central Depository Services Ltd IPO (CDSL IPO) also going to hit market from June 19 , 2017 – June 21, 2017.

GTPL Hathway Ltd IPO (GTPL IPO) is also going to hit market from June 21, 2017 – June 23, 2017. While Au Financiers Ltd (AUFL) IPO is also going to be active from June 28, 2017 – June 30, 2017.

Some SME IPO will also be active in market in coming week.

This year we can see some good IPO hitting market like NSE Ltd IPOHDFC Standard life insurance, SBI life insurance etc.

Keep watching this blog to keep yourself updated with all the news.

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