Tega Industries IPO: After being subscribed 219 times, Tega Industries became the favorite of investors


Tega Industries IPO Allotment: Tega Industries’ IPO has managed to reach a new record in the initial public offering (IPO) market. This IPO closed with over 219 times subscription. The issue was open from 1st December to 3rd December and was taken by the investors. Recently, the IPO of Latent View became the country’s most subscribed issue by being subscribed 339 times.

Tega Industries IPO Opened Last Week
Tega Industries had fixed a price band of Rs 443-453 per share for its IPO and within an hour of the IPO opening last Wednesday, the company’s IPO was fully subscribed. Tega Industries has also raised Rs 186 crore from anchor investors and

What is the company’s plan
The company has planned to raise Rs 619.23 crore through the IPO of Tega Industries, which works in the mining industry. The company’s IPO was open for subscription from December 1 to December 3 in which minimum bidders could bid for one lot. Investors will get 33 equity shares in one lot.

When will share allot
The allotment of shares of Tega Industries is expected from December 8 and is expected to be finalized by December 10. According to stockbrokers, the listing of its shares can be done on December 13.

How to check whether you got shares or not

To check the status of your share allocation, first of all visit the BSE website.

Click on this link of the website https://www.bseindia.com/investors/appli_check.aspx.

After this, going to the issue type, click on Equity.

Then you select Tega Industries Limited in dropbox under issue option.

Then enter your application number and then enter your PAN number.

Then click on ‘I’m not a robot’ and click on submit.

The details of whether you have got shares or not will come in front of you.

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