Private Equity Liquidity Events
Samena Capital sells Tejas Networks shares worth Rs.193.5 Cr, registers 2.2x return
Samena Capital has sold 7,500,000 equity shares (8.01% stake) at INR 258 per share of publicly listed Tejas Networks Ltd. on Aug 2, 2021 through a bulk deal on the NSE. The sale aggregates to INR 193.50 crore. Post the latest sale, the investor would hold 1,941,649 equity shares (2.07% stake) in the company.
From the Venture Intelligence PE-VC Deal Database: In Aug 2016, Samena Capital invested INR 167.78 crore in Tejas Networks. The company went public in Jun 2017 at an IPO price of INR 257 per share.