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