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TEJAS NETWORK IPO
Tata Sons chairman N Chandrasekaran kicks off crucial board meetingTata Sons Chairman N. Chandrasekaran is leading a crucial board meeting today. He is presenting detailed plans for new businesses like elec...- Decoding the rise of Tejas Networks - an optical-networking product company that got listed in JuneIn Tejas, Deshpande had envisaged an opportunity to build a telecom-equipment company in India that can help firms like Siemens and Lucent ...
- Newly-listed stocks tumble up to 5%; CDSL top loserOver a dozen firms raised more than Rs 12,000 crore via IPOs during January-June 2017.
- For HNIs to make profit, CDSL has to list at 65-75% premiumThe grey market premium indicates a high possibility of HNIs losing money on listing day.
- Tejas Networks makes quiet debut, lists at Rs 257 on BSEAt the listing price, the stock was valued at 14.1 times EV/EBITDA, and 24.7 times P/E for FY17 on a post-dilution basis.
- The macro outlook for our industry is absolutely great: Sanjay Nayak, MD, Tejas NetworksWorldwide data demand is increasing and as a result optical networking equipments we manufacture is going to be in benefit: Sanjay Nayak, M...
- Weak sentiment, poor HNI response take the wind out of IPO grey marketGTPL is now trading at a discount in the grey market as against a peak premium of Rs 35.
- Tejas Networks' IPO subscribed 1.9 times at closeThe issue got bids for 3.2 crore shares against total issue size of 1.7 crore.
- Tejas Networks IPO sails through on Day 3, oversubscribed 1.85 timesThe IPO of Tejas Networks got oversubscribed 1.85 times on the last day of offer
- Tejas Networks IPO subscribed 38% on Day 2Tejas Networks on Tuesday raised around Rs 350 crore from 17 anchor investors.
- Tejas Networks IPO subscribed 11% on Day 1Over 1.35 crore shares have been allotted to anchor investors at the upper end of the price band.
- Tejas Networks raises Rs 349.50 crore from 17 anchor investorsThe IPO will open on Wednesday and close on Friday. It plans to raise Rs 776 crore through the offer.
- Tejas IPO set to hit market on Wednesday; should you buy?The company will raise Rs 450 crore through issue of shares in the price band of Rs 250-257.
- Tejas IPO: A high-risk bet on India’s digital futureCompany has strong domain expertise, but earnings volatility and client concentration pose risks amid competition.
- We have built a very good DNA of execution in the company: Sanjay Nayak, MD, Tejas NetworksIn an interview with ET Now, Sanjay Nayak, MD, Tejas Networks, speaks on why the company is planning to go public and what would be the usa...
- Tejas Networks IPO to open on June 14; price band at Rs 250-257The offer comprises fresh issue of equity shares worth up to Rs 450 crore.
- Cochin Shipyard, Prataap Snacks, Tejas get Sebi go-ahead for IPOEquity shares of these companies are proposed to be listed on BSE and NSE.
- Tejas Networks files IPO papers with SebiThe IPO comprises fresh issue of shares worth Rs 450 crore and an offer for sale of 1.27 crore scrips by shareholders, according to draft r...
- Tejas IPO may value co at Rs 2,400 croreTejas had abandoned the IPO plan following the global financial crisis and a series of developments that brought its revenue down to a thir...
- Cisco's Salgame to join Tejas Networks as presidentIn this role, Mr Salgame will have to deliver a growth plan that will scale Tejas Networks into a billion-dollar enterprise. Leaders! Hold ...
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