Sensex
84,544.31 profit arw 1,359.51 (1.63%)
Nifty
25,790.95 profit arw 375.15 (1.48%)
Nasdaq
18,013.98 profit arw 440.68 (2.51%)
logo img

GET IN TOUCH

GET IN TOUCH

Refresh Captcha
IPO

IPO Details


Team Lease Services Ltd
Registered Office: 6th Flr BMTC Commercial Comple, 80 Feet Road Koramangala, Bangalore - 560095, Karnataka
Phone: 91-80-33002345
Email: corporateaffairs@teamlease.com
Website: https://group.teamlease.com
Public issue of 4,984,438 equity shares of face value of Rs. 10 each (equity shares) of Teamlease Services Limited (company or issuer) for cash at a price of Rs. 850 per equity share (including a share premium of Rs. 840 per equity share) (offer price) aggregating to Rs. 423.68 crores comprising of a fresh issue of 1,764,705 equity shares by the company aggregating to Rs. 150.00 crores (fresh issue) and an offer for sale of 275,977 equity shares by Gaja Capital India Fund-I (GCIF), 76,660 equity shares by Gaja Advisors Private Limited (GAPL), 1,180,569 equity shares by GPE (India) Ltd. (GIL), 1,533,206 equity shares by India Advantage Fund S3 I (IAF) and 153, 321 equity shares by HR Offshoring Ventures Pte Ltd. (HROV) (the selling shareholders) aggregating to Rs. 273.68 crores (the offer for sale and together with the fresh issue, the offer). The offer comprises a net offer to the public of 4,974,438 equity shares (the net offer) and a reservation of 10,000 equity shares aggregating to Rs. 85.00 crores for subscription by eligible employees (the employee reservation portion). The net offer will constitute 29.10% of post-offer paid-up equity share capital. The Face value of the equity share is Rs. 10 each.
Issue Money Payable On
Opens On Closes On Application Allotment
02-Feb-2016 04-Feb-2016 ₹ 850.00 ₹ 0.00
Minimum Application for shares in Nos : 15 Further Multiples of : 15
(₹)Cr. Lead Managers to the Issue
Project Cost 0.00 Credit Suisse Securities (India) Pvt Ltd
Project Financed through Current Offer 423.68
Post Issue Equity Share Capital 0.00
Issue Price ₹850.00
Projects
Funding existing & incremental working capital req
Acquisitions and other strategic initiatives
Upgradation of the existing IT infrastructure
General corporate purposes
Promoted By
Manish Mahendra Sabharwal
Ashok Kumar Nedurumalli
Mohitkaran Virendra Gupta
Listing At
BSE
NSE
Registrar to the Issue
KFin Techologies Ltd

INDIAN INDICES

Sensex

84,544.31 1,359.51 (1.63%)

Nifty

25,790.95 375.15 (1.48%)

GLOBAL INDICES

USD

83.95 -0.07 (-0.08%)

NASDAQ

18,013.98 440.68 (2.51%)

HANG SENG

18258.57 245.41(1.36%)