TeamLease Services IPO
TeamLease Services Limited (TEAMLEASE) · mainboard IPO on NSE and BSE · 100% Book Building. Listed on 12 February 2016.
Listed 12 Feb
Subscribed 66.0x
Listing gain +1.2%
Issue details
Price band
₹785–850
Issue price
₹850
Lot size
—
Min. retail bid
—
Issue size
₹450 Cr
Face value
₹10
Bidding
02 Feb – 04 Feb 2016
Listing
12 Feb 2016
Retail quota
10% (75% QIB issue)
Registrar
Karvy Computershare Private Limited
Listing day
Listed at
₹860
+1.2% vs issue price ₹850
Day's high
₹1,032
+21.4% · low ₹807 (-5.1%)
Day's close
₹1,023
+20.3% · traded ₹522 Cr
Subscription status
| Category | Shares offered | Shares bid for | Subscribed | |
|---|---|---|---|---|
| QIB (institutions) | 16,01,923 | 4,32,05,970 | 27.0x | |
| NII (HNI) total | 7,68,084 | 14,22,78,840 | 185x | |
| Retail | 5,12,056 | 54,40,230 | 10.6x | |
| Employees | 10,000 | 13,845 | 1.38x | |
| Total | 28,92,063 | 19,09,38,885 | 66.0x |
Bids on NSE and BSE together, as published by NSE. Shares offered exclude the anchor portion. 2% of all shares bid for were at the cut-off price.
Past IPOs with similar demand
Earlier mainboard IPOs whose QIB, NII and retail subscription and size were closest to TeamLease Services's, and how they listed.
| IPO | QIB | NII | Retail | Total | Size | Listing gain | Day high |
|---|---|---|---|---|---|---|---|
| Precision CamshaftsJan 2016 | 2.62x | 0.73x | 2.01x | 1.91x | ₹424 Cr | -11.3% | -0.5% |
Offer documents (NSE)
Frequently asked
What is the TeamLease Services IPO price band and lot size? ₹785–850 per share.
How many times has it been subscribed? 66.0x overall: QIB 27.0x, NII 185x, retail 10.6x, employees 1.38x.
How did it list? It opened at ₹860, +1.2% against the issue price of ₹850, and closed its first day +20.3%.
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All 2016 IPOs →
Important: The AI listing estimates on Flash Finance are statistical estimates drawn from
how past Indian IPOs have listed. They are not a forecast of what any IPO will do, not a recommendation to apply, buy or sell,
and not investment advice. Listing prices depend on market conditions on the listing day and can differ widely from any
estimate; past patterns may not repeat. Subscription figures are as published by NSE (bids on NSE and BSE together) and can be
revised. Flash Finance is not a SEBI-registered investment adviser or research analyst. Read the issue's Red Herring
Prospectus and consult a SEBI-registered adviser before you invest.
