Tuesday, 13 June 2017

IPO Alert: All you need to know about Tejas Networks

Tejas Networks initial public offerings (IPO) is going to hit the markets on June 14 2017. This IPO consists of issuing equity shares of face value of Rs 10 each for cash, comprising of a fresh issue of equity shares aggregating up to Rs 4,500 million and an offer for sale of up to 12,711,605 equity shares by selling shareholders. The bid or offer will close on Friday, June 16, 2017.
 
The price band for the offer is fixed from Rs 250 to Rs 257 per equity share. Bids can be made for a minimum of 55 equity shares and in multiples of 55 equity shares, thereafter.
 
The Book Running Lead Managers (“BRLMs”) to the offer are Axis Capital Limited, Citigroup Global Markets India Private Limited, Edelweiss Financial Services Limited and Nomura Financial Advisory and Securities (India) Private Limited.



OUR RECOMMENDATIONS:


BUY JET AIRWAYS FUTURE WITH 10 LOT ABOVE 540 TG 560, 590 SL 532,


BUY CEAT FUTURE ABOVE 1905 TG 1911, 1919, 1929 SL 1895,


FREE STOCK TRADING TIPS 

No comments:

Post a Comment

 
 
Blogger Templates