Friday, December 03, 2021

Tega Industries IPO Subscription Status {Final Data}

Tega Industries IPO subscription to start from December 01, Wednesday and it will close on December 03, 2021, The retail quota of the IPO is 35%, QIB is 50% and HNI is 15% quota. The company to raise ₹619 crores via IPO at a price band of ₹443 to ₹453. The minimum bid for the IPO is 33 shares that cost ₹14,949 for 1 lot. The grey market is going high and it's trading above 50% of the IPO price. Tega Industries is a leading manufacturer of specialized, critical, and recurring consumable products. They are 2nd Largest producer of polymer-based mill liners (The year 2020). The company reported ₹857 crores of revenues in 2021 against ₹696 crores in 2020. Things are looking positive for the company as per the financial and the grey market perspective. Please check the Tega Industries IPO details over here.

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We recommend investors apply for an IPO with short-term and long-term gain. Investors should look at the QIB and HNI numbers as well as Tega Industries grey market premium movement before investing. You can check the Tega Industries IPO allotment status here.
Tega Industries


    Tega Industries IPO Subscription Status (Final Data)

    Category Day 1 Day 2 Day 3
    QIB 0.16 3.35 215.45
    NII 4.17 20.48 666.19
    RII 7.51 17.04 29.44
    Total 4.67 13.87 219.04

    Tega Industries IPO Date & Price Band

     IPO Open:  01 December 2021
     IPO Close:  03 December 2021
     IPO Size:  Approx ₹619 Crores
     Fresh Issue:  Approx ₹- Crores
     Offer for Sale:  Approx 13,669,478 Equity Shares
     Face Value:  ₹10 Per Equity Share
     Price Band:  ₹443 to ₹453 Per Equity Share
     Listing on:  BSE & NSE
     Retail Quota:  35%
     QIB Quota:  50%
     NII Quota:  15%
     Discount:  N/A
     DRHP Draft Prospectus:  Click Here
     RHP Draft Prospectus:  Click Here

    Tega Industries IPO Market Lot

    The Tega Industries IPO minimum market lot is 33 shares with ₹14,949 application amount. The retail investors can apply upto 13 lots, 429 shares with ₹- application amount.
     Minimum Lot Size:  Minimum 33 Shares for 1 lot
     Minimum Amount:  ₹14,949 for 1 lot
     Maximum Lot Size:  Maximum 429 Shares for 13 lot
     Maximum Amount:  ₹194,337 for 13 lot

    Tega Industries IPO Time Table

    The Tega Industries IPO date is 01 December 2021 and the IPO close date is 03 December 2021. The allotment date is 08 December 2021 and the IPO may list on 13 December 2021.
     Price Band Announcement:  26 November 2021
     Anchor Investors Allotment:  30 November 2021
     IPO Open Date:  01 December 2021
     IPO Close Date:  03 December 2021
     Basis of Allotment:  08 December 2021
     Refunds:  09 December 2021
     Credit to Demat Account:  10 December 2021
     IPO Listing Date:  13 December 2021

    Tega Industries IPO Subscription FAQs:


    When Tega Industries IPO Subscription will start?

    The IPO subscription starts on December 01, 2021 for QIB, NII, and Retail Investors.

    How much is Tega Industries IPO subscribed?

    The IPO subscribed 219.04 times on day 3.

    What is Tega Industries IPO Retail subscription status?

    The RII subscription is 29.44 times on day 3.

    How to subscribe to Tega Industries IPO?

    You can go with ASBA and Non-ASBA options for a subscription. Go to your bank account and apply for IPO online via ASBA or download the form online or get the physical form and submit the filled form to your broker or bank.

    How to Apply the Tega Industries IPO through Zerodha?

    Log in to Console in Zerodha Website or in Application. Go to Portfolio and Click on IPO. You will see the IPO Name "Tega Industries". Click on Bid Button. Enter your UPI ID, Quantity, and Price. Submit IPO Application Form. Now go to your UPI App on Net Banking or BHIM App to Approve the mandate. Open Demat Account with Zerodha.

    How to Apply the Tega Industries IPO through Upstox?

    Log in to Upstox Application with your credentials. Select the IPO. You will see the IPO Name "Tega Industries". Click on Bid Button. Confirm your application. Now go to your UPI App on Net Banking or BHIM App to Approve - mandate. Open Demat Account with Upstox.

    >How do I check live Tega Industries IPO Subscription Numbers?

    One can visit our portal for live IPO subscription numbers that we are updating hourly basis from the official website NSE and BSE websites. One can check the live subscription on BSE or NSE website on the particular IPO page.

    Open FREE Demat Account