Tejas Networks Limited IPO Message Board (Page 20)

i apply tejas ipo thorgh hdfc net banking.. but there is issue in that.. saying that fill the first applicant name what is this..

Little jump in gmp its trading around 20-22.

GMP- 28

Just apply for one lot.

As the issue is going to be over-subscribed, it is not going to make any difference whether you apply for ''one lot'' or ''14 lots''.

Apply Or Avoid ?

Eagle Eye madam, can u please suggest us whether to apply in Tejas Network for listing gain.

Tejas anchor investor list out

Please share the link

Here is the link to the list of anchor investors in Tejas - many good names

http://www.bseindia.com/markets/MarketInfo/DispNoticesNCirculars.aspx?Noticeid=%7B8250CF3C-3938-41C7-AC45-A43CF2B52078%7D¬iceno=20170613-36&dt=06/13/2017&icount=36&totcount=36&flag=0

Please suggest final call, whether to apply or not?
@Septa ji I saw your previous comment, do you want us to apply still?

I am not mehul to keep changing my mind

@Septa ji, I didn''t mean it. After checking gmp and other members comments, Just confused. Thanks for clearing.

It is for sure a good IPO and one may expect a listing gain of over 100 on offer price. As per my calculations, I got a fair value of 360 and expecting a listing at around 380 mark.

Refer @Jainvipul''s latest post for insight. It has covered most of the points which I wanted to highlight.

http://www.bseindia.com/markets/MarketInfo/DownloadAttach.aspx?id=20170613-36&attachedId=0511a15b-6b37-4368-b56c-6367c246625c

kabir,Goa ( Expert@ Chanakya) June 13, 2017 at 9:25 pm
Anchor Investors (AIs) portion in the Public Issue of Tejas Networks Limited, 1,35,99,600 equity shares have been subscribed today by 17 AIs at Rs. 257/- per equity share.
Sonam Sinha MBA finance, New Delhi June 13, 2017 at 9:17 pm
According to Ovum, total global telecommunications access network traffic is expected to grow at a 25% compound annual growth rate (“CAGR”) for the period from 2015 to 2020. In absolute terms, access traffic volumes are expected to grow from around 340,000 petabytes (“PB”) in 2015 to just over 1 million PB in 2020.
Ovum expects total mobile broadband subscriptions in India to cross one billion by 2021 and the total mobile broadband penetration to reach 75.47% of the country’s population by 2021. India’s optical networking market is expected to grow at a 14.2% CAGR, from 2014 to 2020.
The Company has an end-to-end portfolio of optical networking products for access, metro and long-haul networks and are therefore well-positioned to capitalize on the expected growth in optical capital expenditure by Communication Service Providers in the private sector, government entities and Public Sector Undertakings (“PSUs”). It has built a reputation for technologically advanced, high quality products that are supported by our reliable customer service.
It has built a reputation for technologically advanced, high quality products that are supported by its reliable customer service.It has the only India-based optical transport systems company that is TL9000 certified and its products have delivered a field uptime exceeding 99.999% since 2008. It is ranked as the sixth largest supplier in the Global Optical aggregation segment, and it is growing faster than the market.
Indian network operators have historically under-invested in optical fibre transmission, as compared to their peers in China and the United States, due to their initial focus on offering voice services and because of challenges in getting “Right-of-Way” for laying optical fibre in the cities. Less than 20% of cell towers in India are connected on fibre, as compared to 70-80% in developed countries.
This is compelling network operators to invest in optical networks, upgrade their network capacities and increase the fibre-connectivity to telecommunications towers, so as to retain and grow their market share
Tejas has invested heavily in research and development in order to grow through multiple technology cycles and are well-positioned to capitalize on the expected growth in optical capital expenditure globally. Driven by rising smartphone penetration and a massive increase in data traffic, global optical capital expenditure is expected to increase from US$14.6 billion in 2014 to US$17.9 billion in 2020
It outsources most of its manufacturing to reputed electronics manufacturing services (“EMS”) companies. This allows it to stay asset-light and enables us to scale-up production without requiring a corresponding increase in capital expenditure towards its own manufacturing operations.
Total income during 2016-17 Rs. 878.20 Crores
Net Profit during 2016-17 Rs. 63.22 crores
EPS for 2016-17 Rs. 9.40
The upper price band of Rs. 257 is at PE multiple of approx 26. ( EPS of Rs. 9.40)
Considering growth prospects of the company , I expect EPS of atleast Rs. 13.
Conclusion: In spite of lower GMP for this IPO, I expect the scrip can be profitable portfolio investment. and hence one may Apply.

NDTV analysis of Tejas IPO


http://www.ndtv.com/india-news/tejas-networks-ipo-5-things-to-know-before-you-invest-1711670

Looking good compared to several companies entered into IPO market. Business prospects are good due to the fact that government is spending a lot on digitization , geographically hedged ( foreign market expansion around 30% is there,very few firms of this type of business in the domain, expansion chances are quite high. Only negative aspect is the fluctuating revenues.

Gmp almost gone. It''s around 15-18

gmp 55-58
hisar

And kostak rate in Hisar pl.

Please share us Current GMP...... Please

Tejas network GMP TODAY

should apply or not

@ Jainvipul
El palabra que es último. :D :D . Omgosh! That ''MUST'' was so freaking authoritative....Nothing short of some celestial order I mean....Now I know how Arjuna must have felt as Lord Krishna asked him to go ahead and kill the kin.
Yes! Must it is to apply.....Have you another option? or a choice?

This is my opinion.
Suno sub ki karo manki.

Au fin gmp108-110
Kostak 700-750
Ahmedabad

GMP 16-18 only .
Likely to vanish this also after day 3 subscription.Remember profit making company PSP Projects. Listed at 190 against 210 . 20 rupees discount against GMP of 10 . Very close issue prise and GMP also.
Promotor''s management skills not so impressive.His colleagues and employees left him to form sme companies.This could be another Tulip tele.Only Cash surplus investors apply and that too in retail category not in nii category after satisfying themselves from 2 days subscription figures.Past record shows majority of loss making company lists at discount.Company''s business model is pay-as-you-grow which involves high risk of default and delay payments . Also only 47 patents granted against 326 filed.This ratio is less than 15%.Very Poor.
Discloser : GMP varies according to location and demand supply however western area dominates. Since last 4-5 IPOs GMP formula is not working.

thanks a lot .. keep posting

ShareView,
Your analysis is quite convincing. Thank