The details about the Tega Industries IPO is as:
- The issue size of the IPO is 619.23 Cr.
- The price band ranges from Rs 443 to Rs 453.
- The shares of Tega Industries will list on 13th December 2021.
- The latest tentative GMP of Tega Industries IPO is Rs 350.
- Tega Industries IPO is subscribed 219.04 Times as of 3rd December 2021.
Tega Industries IPO Valuation
The approx valuation of Tega Industries IPO based on its price band and DRHP/RHP is:
| Particulars |
Value |
| Upper Price Band |
Rs 453 |
| Existing Shares (Qty) |
6.62 Cr |
| Market Cap |
2998.8 Cr |
| EPS (FY21) |
Rs 24.10 |
| PE Ratio |
18.79x |
| Industry PE |
31.71x |
Tega Industries IPO Issue Size
Tega Industries IPO issue details:
| Issue |
Amount |
| Fresh Issue |
0 Cr |
| Offer For Sale |
619.23 Cr |
Tega Industries IPO Market Lot
An Individual can apply for a minimum 1 lot of 33 shares and a maximum of 13 lots of 429 shares. Find the details below:
| Application |
Lot |
Shares |
Amount |
| Minimum |
1 |
33 |
Rs 14,949 |
| Maximum |
13 |
429 |
Rs 1,94,337 |
Tega Industries IPO Share Offer
Tega Industries IPO is subscribed 219.04 Times as of 3rd December 2021. It is Oversubscribed as of now. The category-wise subscription is as follows:
| Category |
% Offered |
Subscription |
| Qualified Institutional |
Maximum 50% |
215.45 Times |
| Non-Institutional |
Minimum 15% |
666.19 Times |
| Retail Individual |
Minimum 35% |
29.44 Times |
| Total |
|
219.04 Times |
Tega Industries IPO Grey Market Premium
| As on |
GMP (Tentative) |
| 5 December 2021 |
Rs 410 |
| 6 December 2021 |
Rs 400 |
| 7 December 2021 |
Rs 350 |
| 8 December 2021 |
Rs 350 |
| 9 December 2021 |
Rs 350 |
It is purely for informational purposes and invest in an IPO after thoroughly researching on your own.
Find below the dates for Tega Industries IPO:
| Schedule |
Date |
| Basis of Allotment |
8 December 2021 |
| Refunds |
9 December 2021 |
| Credit to Demat Account |
10 December 2021 |
| IPO Listing Date |
13 December 2021 |
Check allotment status