Tejas Networks IPO subscribed 38% on Day 2

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Tejas Networks IPO subscribed 38% on Day 2

The initial public offering (IPO) of Bengaluru-based Tejas Networks got subscribed 38 per cent on the second day of offer till 5 pm (IST).

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“From a customer standpoint, our products have flexibility—and the time-to-market is shorter. They don’t have to wait for a new chip or design a new board/hardware,” says Sanjay Nayak.

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