Here is how you can check Tega Industries IPO allotment status

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Here is how you can check Tega Industries IPO allotment status
BCCL
  • The IPO of Tega Industries was subscribed 219 times on the first two days of the issue.
  • Tega Industries provides customized solutions to the mining, bulk material handling and transportation industry.
  • Tega intends to raise ₹600 crore from this public issue.
The allocation status of the initial public offering (IPO) of Tega Industries will be announced today, December 8.

It intends to raise ₹600 crore from this public issue, which is entirely an offer for sale (OfS) of 1.3 equity shares. The price band for the public issue was set at ₹443 to ₹453. A lot of 33 shares was priced at ₹14,949 per lot.

Tega Industries’ grey market premium (GMP) was at ₹320 apiece in the grey market on December 7.

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The company — which manufactures consumables for mining industries — received a good response from investors as its public issue was subscribed by 219 times.

Investor categorySubscription (times)
Qualified Institutions215.45
Non-Institutional Buyers666.19
Retail Investors29.44
Total219.04

Here is how to check Tega’s IPO allotment status on the stock exchange website:
  • Go to the BSE website or NSE website here.
  • On BSE, Select 'Equity' and then from the dropdown, select ‘Tega’.
  • Now, enter your application number and PAN.
  • Click on 'Search'.
  • Please note the details will only be available once the shares are allotted.
You can also visit the registrar website (Link Intime India) to check your application status.

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  • Visit the registrar's website here.
  • Click on 'Select company' and click on ‘Tega’.
  • Once the company is selected, you will have to enter either your PAN detail, the application number, or the client ID.
  • Enter the captcha and click ’submit
Once you hit 'submit, the status of your application will appear on the screen. Please ensure the details that you provide are correct. It will show the number of shares you subscribed to and the number of shares allotted to you.

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