Monday, December 13, 2021

Tega Industries IPO Listed at 68% Premium on Indices

Tega Industries IPO to list on NSE and BSE on 13 December 2021, Monday at 10:00 AM. 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 IPO subscribed 219.14x times that comprises Qualified Institutional Buyer (QIB) 215.45x, Non-institutional Bidders (NII) 666.19x, and Retail (RII) 29.44x. The company reported a profit of ₹136 crores in 2021 against a profit of ₹65 crores in 2020. The revenues were up in 2021 to ₹1018 crores against ₹887 crores in 2020. The stock will list in B Group. As per the market speculations the stock might list in between ₹700 to ₹800 range. Check out the Tega Industries IPO listing details as given below:

Latest Update: Tega Industries IPO listed at 68% premium on NSE and BSE. The Tega share price listed at ₹760 on NSE and ₹753 on BSE. The stock is listed as per the IPOWatch prede. Happy Investing!

Tega Industries


    Tega Industries Share Price Live Quote

    Details BSE Listing NSE Listing
    IPO Price
    ₹453.00
    ₹453.00
    List Price
    ₹753.00
    ₹760.00
    High Price
    ₹767.10
    ₹767.70
    Low Price
    ₹711.50
    ₹712.25
    Close Price
    ₹725.50
    ₹726.05
    Volume
    1,083,755
    16,646,140
    BSE Notice of Listing: Notice

    Tega Industries IPO Listing Details

    Find the Tega Industries IPO listing details like BSE Code, NSE Code, ISIN Number, and Listing Group. The information given below will help you on the Tega Industries share listing day.
    BSE Code543413
    NSE CodeTEGA
    GroupB Group
    ISIN NoINE011K01018
    Offer Price₹453
    Face Value₹10
    Listing Date13 December 2021, Monday

    Important Links:


    Tega Industries IPO Subscription Status (Final Data)

    Category Day 1 Day 2 Day 3
    QIB 0.00 0.07 1.03
    NII 0.01 0.02 0.19
    RII 0.64 0.89 1.10
    RII 0.03 0.05 0.10
    Total 0.12 0.20 0.79

    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 ₹194,337 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 Listing FAQs:


    When is Tega Industries IPO Listing Date?
    Tega Industries IPO listing date is 13 December 2021, Monday.

    What will be the estimated listing price of Tega Industries stock?
    As per the market speculations, the IPO might list at ₹700 to ₹800 level. If the market supports the stock might go on a higher side around ₹900+ level while on the downside the stock might hit to ₹650 level.

    How many returns are expected in Tega Industries IPO?
    The IPO might give a listing loss of ₹9000 to ₹11000.

    What is Tega Industries Share Price on Listing Day?
    The IPO is listed at ₹760.00 on NSE and at ₹753.00 on BSE.

    Will Tega Industries will list on NSE and BSE?
    Yes, The IPO to list on NSE and BSE both the indices.

    Should I buy Tega Industries shares on a listing day?
    Long-term investors should buy the stock on a listing day. Stock Market investments are subject to market risks.

    What is a BSE and NSE Code for the Tega Industries IPO?
    The BSE Code is 543413 while NSE Code is TEGA.

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