Tega Industries IPO Listing on 13 December on NSE & BSE

Written by on December 12, 2021

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 is not listed yet. We will update Tega share price as on the listing day. Happy Investing!

Tega Industries Share Price Live Quote

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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 Code 543413
NSE Code TEGA
Group B Group
ISIN No INE011K01018
Offer Price ₹453
Face Value ₹10
Listing Date 13 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 ₹- 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 ₹0.00 on NSE and at ₹0.00 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.

– Source : IPOWATCH

The post Tega Industries IPO Listing on 13 December on NSE & BSE appeared first on Correct Success.


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