Incorporated in year 2000, Tejas Networks Ltd is Bangalore based optical and data networking products company. Trjas design, develop and sell products to telecommunications service providers, internet service providers, utility companies, defense companies and government entities in India and over 60 countries. These products are used in building high-speed communication networks to carry voice, data and video traffic from fixed line, mobile and broadband networks over optical fiber.
Tejas Networks build hardware and software products related to optical and data networking. The hardware is build using modular approach and the software-defined architecture allows the company to remotely upgrade the hardware with new capabilities and features. Tejas Networks outsource most of its manufacturing to electronics manufacturing services companies.
Tejas Networks offer pay-as-you-grow business model where its clients purchase its products/services incrementally as needed.
Tejas Networks Ltd have filed 326 patent applications, with 198 filings in India, 87 filings in the United States and 6 filings in Europe, out of which 47 patents have been granted.
Tejas Networks IPO Details
| Issue Type | Book Built Issue IPO |
| Face Value | ₹10 per equity share |
| IPO Price | ₹250 to ₹257 per equity share |
| Market Lot | 55 Shares |
| Min Order Quantity | 55 Shares |
| Listing At | BSE, NSE |
| BSE Script Code | 540595 |
| NSE Symbol | TEJASNET |
| ISIN | INE010J01012 |
| Issue Size | Aggregating up to ₹776.69 Cr |
| Fresh Issue | Aggregating up to ₹450.00 Cr |
| Offer for Sale | Aggregating up to ₹[.] Cr |
Tejas Networks IPO Tentative Timetable
| PARTICULAR | DATE |
| IPO Open Date | 14-Jun-17 |
| IPO Close Date | 16-Jun-17 |
| Basis of Allotment Date | 21-Jun-17 |
| IPO Listing Date | 27-Jun-17 |
Tejas Networks IPO Lot Size
| Application | Lots | Shares | Amount (Cut-off) |
| Minimum | 1 | 55 | ₹14,135 |
| Maximum | 14 | 770 | ₹197,890 |
IPO Allotment Status
Please Click Hare To Check IPO Allotment Status For Tejas Networks Limited
Company Financials:
| PARTICULAR | 31-Mar-16 | 31-Mar-15 | 31-Mar-14 | 31-Mar-13 | 31-Mar-12 |
| Total Assets | 8,383.03 | 7,280.56 | 7,452.00 | 6,563.40 | 6,397.81 |
| Total Revenue | 6,274.57 | 3,868.26 | 4,230.55 | 3,692.71 | 2,014.22 |
| Profit After Tax | 290.05 | -178.66 | 27.77 | -790.43 | -928.9 |
Objects of the Issue:
The Offer comprises the Fresh Issue and the Offer for Sale.
- Offer for Sale – The company will not receive any proceeds from the Offer for Sale.
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A. Capital expenditure towards payment of salaries and wages of research and development team;
B. Working capital requirement; and
C. General corporate purposes.
Registrar & Company Details
| Company Contact Information | Tejas Networks IPO Registrar |
| Tejas Networks Limited J.P. Software Park, Plot No. 25, Sy.No. 13, 14, 17 & 18, Konnapana Agrahara Village Begur Hobli, Bengaluru 560 100 Phone: +91 80 4179 4600 Email: corporate@tejasnetworks.com Website: http://www.tejasnetworks.com/ | Link Intime India Private Ltd Link Intime India Private Ltd C 101, 247 Park, L.B.S.Marg, Vikhroli (West), Mumbai – 400083 Phone: +91-22-4918 6270 Email: tnl.ipo@linkintime.co.in Website: http://www.linkintime.co.in |
