The initial public offering (IPO) of Bengaluru-based Tejas Networks got subscribed 38 per cent on the second day of offer till 5 pm (IST).
Read MoreThe initial public offering (IPO) of Bengaluru-based Tejas Networks hit the market on Wednesday and the issue got subscribed 11 per cent on the first day of offer till 5 pm (IST).
Read MoreTejas Networks has fixed a price band of Rs250-257 per share for the IPO. The offering will close on 16 June.
Read MoreTejas Networks Ltd’s IPO worth up to Rs 776 crore opens on Wednesday, June 14, in which the company plans to raise up to Rs 450 crore through a fresh issue of equity shares, while the existing stakeholders would get the rest via an offer for sale.
Read MoreIn 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 usage of the fund.
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