Tejas Networks, which recently concluded its initial public offer (IPO), is set to make the stock market debut tomorrow.
The initial public offering of Tejas Networks was oversubscribed 1.88 times on the final day of the offer. The price band for the offer is ₹250-257 a share.
Spread over 60 countries, Tejas Networks is into developing and selling high-performance products to telecom service providers, utility companies, defence firms and government entities, among others.
Axis Capital, Citigroup Global Markets India Pvt Ltd, Edelweiss Financial Services and Nomura Financial Advisory and Securities (India) Pvt Ltd were the book running lead managers for the offer.