Tejas Networks Limited IPO Message Board (Page 14)

After this subscription figure what is the expected listing ??eagle eye mam and septa sir eagerly waiting for ur response

NII subscribed just 10%. So, what will happen to the remaining 90% NII shares? Will these be allotted to Retail?

PS - I have not applied to this IPO but was curious to know.

Thanks!

Remaining portion add in retail

So all the accepted applications will get allotment. Jitne lot lagaye hain retail me, utne milenge

Those subscription figures are Market Estimates which few informed investors are sharing here for the benefit of other members. I repeat those are just Market Estimates. Dont make unnecessary nuisance.
Coming to this IPO, I feel HNIs loosing in HUDCO IPO made them not to take any risk and as there are 3 other IPOs lined up in the same month is another reason for poor subscription.

Mr pavan

Why are getting hurt, it''s a open forum. I suggest that think twice in giving data. I know man it''s market risk will be there always.

ok, such kind of criticism or questioning will keep informed investors away from this forum. And we need those informed Investors in the forum. They are posting the info that they have and estimates need not be always true.
Hope you understood.

बाजा बज गया
सभी की मनोकामना पूर्ण हुई

QIB - 2.1635
NII - 0.4823
Retail - 3.0921

Total - 1.8779

NII not even 50% subscribed (of which major portion subscribed by retailers, corporates subscribed only 1.4%)

Retailers who applied for listing gains may be trapped if it list in discount & trades below issue price.

Posting this message after the subscription time is over as don''t want to influence and be blamed for being a middle man promoting the IPO. I sincerely believe this to a portfolio organization for next 10 years if not more. This is a company with a seasoned promoter (17 years with the company ) with the organization, great mentors and investors (Premji and Gururaj Deshpande) with a time when Telecom Infrastructure spending is going to increase (for 4G/5G and thereafter) with a focus on smart cities. Also add make in India and defense spending/focus.

If this list at discount (though I doubt), suggest to pick it up. The subscription figure only represents herd mentality of investor and not enough ground work to understand the business.

agree

Let market discover its true price on listing. Market give high P/E for consistent results. Appetite for IT stocks are not there much. Market want to see things happening on ground rather than future events which may or may not fuel growth. Market also looks at past of the future. If the company had 17 years of history, why did he decide to go public now, looks like it was forced by PE investors to provide an exit route.

Guys in this open forum ur assumptions should vary to the original little bit. But it it should not be huge variation. Think twice while giving data(assumption data).

Because at least thousands of people watching this forum in fact families will effect.

Those are Market Estimates and *NOT* Eagleye or any others assumptions. Never look for investing in share market if one doesn''t have risk taking capability. Any thing can happen in market.
There are many safe avenues like Mutual funds, ULIPs etc if we want medium risk and medium returns as every one know here. You or any one should first understand here that they are not posting subscription figures or GMP expecting any benefit.
Do you give them any thing in return if you made money and your family is benefitted.

Tejas Networks IPO
Market Estimates of oversubscription: (Revised)

Category-wise:

1X QIB(net) = 233.01Crs – assuming applications of 3KCrs. = 13X oversubscription

1X NII = 116.50Crs – assuming applications of 9KCrs. = 77X oversubscription

1X RII = 54,948 Forms – assuming 3L forms. = 5.5X oversubscription (applic-wise)
i.e. average 10 shares per form

Some thing went wrong in ur assumption. Am I right...

77 times NII oversubscribe.. hahahaha only 0.20 times

Final subscription updated by chittorgarh:
Day 3 - Jun 16, 2017 17:00 IST      

Q1B: 1.6200      
HNI: 0.1000      
Retail: 2.0800      

Overall: 1.2900 times

May not be correct figures.

This message has been removed by a moderator.

sahi hai boss,
First time we are not having contradictory views :)

Discount at Rs. 25/- translates to loss of about Rs. 1500 for successful retail application.

Hence, it is not a big thing so as to feel that mush bad, since money has been made in many issues, in the past.

3:55 p.m DATA

55% QIB : 2.2x
27% NII : 0.48x
18 % RII : 2.7x

avg : 1.8 X

On an average Overall subscribtion expected <2X till closing of the day.

😉 Some funny things regarding GMP . That other site ( Chanakya ) is quoting GMP at 11: 30 p.m on 16th June. It''s not even 6 p.m. hahaha.
Hope some1 suggest to rectify their gmp error.

At 1730 Hrs or 05.30PM

QIB ------------- 2.16 TIMES
NII/HNI -------- 0.48 TIMES
Retail ---------- 3.02 TIMES

Total Issue -- 1.86 Times

Subscription figures are bad. But they are not so bad.

Though loss is imminent on listing, it may be marginal as the script likely to list around Rs. 230/-

Hence, majority of the applicants (including me) must prepare themselves for 10% loss, on listing day.

This IPO mania has started recently earlier the IPO subscription figures used to be like this

LAST TIME QIB & HNI APPLICATION WITHDROW
QIB HNI RII TOTAL
1.6200      0.1000      2.0800      1.2900

IPO Subscription Details                                    5:40 p.m.
       No.of shares offered /reserved      BSE      NSE      Total            Subscription Rate
QIB      9434105      8286465      12124640      20411105            2.16
NII      4606740      1874510      347380      2221890            0.48
RII      3071160      6297885      3026155      9324040            3.04
Emp                                    
Total      17,112,005.00      16,458,860.00      15,498,175.00      31,957,035.00            1.87

latest update- gmp= -35 and will increase further. news is that QIB and NII are stopping payments. full allotment to all greedy retailers.

Subscribtion Data @ 2:30 p.m

QIB : 1.85 x
NII : 0.08 x
RII : 2.22 x

TOTAL : 1.42 X
GMP : o

On an average Overall subscribtion expected <2X till closing of the day.

It''s now 5 p.m and subscribtion is still less than 2 times as estimated from my side.Only retail quota is moving forward as if it is on first come first serve basis since day 1.

NII subscribed less than 50 % . V.v.Poor .😡
Now their unsubscribed portion shall be allocated to some unlucky RIIs.😔

Looking at the subscription figures its definite not even big players have applied as subscription is not even 1 time subscribed in hni

Hats off to IPOANALYSIS who has been first to tell that the issue is not worth subscribing as have lot of negative

🎩👒

What are the current subscription figures? can any one post it

Whoever applied everybody will get allotment....enjoy...listing price +/-5%

Issue is subscribed now see who gave best recommendation : Sapta Sir VS Eagle Eye VS Red Turtle.
Lets see whether Tejas share turns turtle or eagle or Lion.