Sensex: 83,442.50 (-0.03%)

Nifty: 25,442.40 (-0.07%)

anubhai angaldas Securities Pvt. Ltd. Member: BSE - NSE - CDSL

Technology . Transparency . Trust

Contact Us
Apply For IPO

MARKET

IPO Synopsis
Team Lease Services Ltd
Registered Office: 6th Flr BMTC Commercial Comple, 80 Feet Road Koramangala, Bangalore - 560095, Karnataka
Phone: 1
Email: 1
Website: 1
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 0.00 - 0.00
Cr. Lead Managers to the Issue
Project Cost 0.00
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
BSE
NSE
Registrar to the Issue
Attention Investor
As per CDSL communiqué Kindly update your Email ID, Mobile Number & Income Range in CDSL demat Account on or before 31st May 2021, Non Compliance Account will be INACTIVE after 31st May 2021. | Prevent Unauthorized Transactions in your demat account --> Update your Mobile Number with your Depository Participant. Receive alerts on your Registered Mobile for all debit and other important transactions in your demat account directly from CDSL on the same day......................issued in the interest of investors.  | "No need to issue cheques by investors while subscribing to IPO. Just write the bank account number and sign in the application form to authorise your bank to make payment in case of allotment. No worries for refund as the money remains in investor's account." | "KYC is one time exercise while dealing in securities markets - once KYC is done through a SEBI registered intermediary (broker, DP, Mutual Fund etc.), you need not undergo the same process again when you approach another intermediary."    Prevent unauthorised transactions in your account --> Update your mobile numbers/email IDs with your stock brokers. Receive information of your transactions directly from Exchange on your mobile/email at the end of the day .......... Issued in the interest of Investors.