Shares of Tega Industries will be distributed to successful buyers on 12/8
Tega Industries’ share allocation will be completed on December 8, 2021 after the initial public offering (IPO) is registered for 219.04 times the 95.68 thousand shares. offered for sale during the subscription period from December 1 to December 3, 2021.
The price range is fixed at Rs 443-453 per share.
According to National Stock Exchange (NSE) data, Tega Industries’ IPO has received bids of more than 209.58 crore (2,09,58,69,600) shares compared to the total issue size of over 95.68 lakh (95,68,636) shares.
Tega Industries, a manufacturer of consumables for the mining industry, has become the third most-registered IPO so far this year.
Investors will eagerly look forward to the share allocation process scheduled for December 8. The data line is provided by the company in its red herring prospectus.
Investors who have registered for Tega Industries’ IPO can check the status of their share allocation by following the process:
The allocation status will be updated on the website of the IPO registrar, which is Link Intime India. The link of the website is: https://linkintime.co.in/MIPO/Ipoallotment.html.
Candidates will have to select Tega Industries Limited – IPO in the drop-down menu and enter their PAN, application number or DP client ID and then click “search” to see the allocation status.
In addition to the registrar’s website, applicants can also check the status of their allocation on the Bombay Stock Exchange website by clicking on the following link: https://www.bseindia.com/investors/appli_check.aspx.
After doing so, the investor will have to select “Equity” in the Issue Type, and then select Tega Industries Limited from the drop-down list in the Issue Name section. Once completed, they will have to enter their application number and PAN number in the respective boxes.
They must then check on the “I’m not a robot” box and then click on the “search” option to see their status.
Shares of Tega Industries will be listed on the exchange on December 13, 2021.
