What is IPO Grey Market Premium (GMP)?

IPO Grey Market Premium (GMP) is an unofficial, over-the-counter premium over the issue price that dealers and investors pay prior to official listing on NSE/BSE.

How is estimated IPO listing price determined?

Estimated Listing Price = Cut-off / Issue Price + Current Grey Market Premium (GMP). For example, an issue price of ₹100 with ₹40 GMP yields an estimated listing price of ₹140 (+40%).

What is Kostak rate in an IPO?

Kostak rate is the fixed profit earned by selling an IPO application before allotment, irrespective of whether the application is allotted shares or not.

What is Subject to Sauda in IPO trading?

Subject to Sauda is an informal contract where payment is made only if the seller receives share allotment in the IPO.

Is IPO Grey Market Premium (GMP) regulated by SEBI?

No. Grey Market transactions are non-exchange over-the-counter commitments and are not officially regulated or endorsed by SEBI. Investors should treat GMP as an informal sentiment indicator.

When is the Tega Industries Limited IPO allotment date?

The basis of allotment for Tega Industries Limited IPO is scheduled to be finalized on 8 Dec 2021.

Where can I check Tega Industries Limited IPO allotment status?

You can check your allotment status on the official registrar portal (Link Intime India Private Limited) or on the BSE India website using your PAN card number or application number.

When will unallotted IPO application funds be unblocked?

Refund initiation and UPI mandate revocation for unallotted applications starts on or around 9 Dec 2021.

Tega Industries Limited

ListedMainboard

Industrials · NSE / BSE

Established in 1976, Tega Industries is a leading global manufacturer and distributor of specialized consumable products used in mining, mineral processing, and bulk material handling, and is the second-largest producer of polymer-based mill liners worldwide by revenue in 2020. The company offers over 55 wear- and abrasion-resistant products made from rubber, polyurethane, steel, and ceramics, which are used across various stages of mining and mineral processing. Tega operates six manufacturing facilities located in India, Chile, South Africa, and Australia, and serves customers in more than 70 countries, with a majority of its revenue coming from international markets. The company also has a wide global sales network and continues to expand its presence in key mining regions across the world.

Price Band

₹443 – ₹453

Issue Size

₹619 Cr

Lot Size

33 shares

GMP

₹270

+59.6%

Est. Listing

₹723

at current GMP

Subscribed

—

Open

1 Dec 2021

3 Dec 2021

Allotment

8 Dec 2021

Refund

9 Dec 2021

Demat Credit

10 Dec 2021

Listing

13 Dec 2021

Last updated 12 days ago

Overview Live GMP Live Subscription Allotment Status

Official Registrar Verification

Tega Industries Limited Allotment Status

Designated Registrar: Link Intime India Private Limited

Check Allotment Status Registrar Portal BSE Portal

Allotment Date

8 Dec 2021

Basis finalization

Refunds Initiate

9 Dec 2021

Mandate release

Demat Credit

10 Dec 2021

Shares in demat

Listing Debut

13 Dec 2021

Trading begins

How to Check Tega Industries Limited IPO Allotment Status

Click the Check on Registrar button above to visit Link Intime India Private Limited's allotment portal.
Select Tega Industries Limited from the dropdown company list.
Choose your lookup mode: PAN Number, Application Number, or DP Client ID.
Enter your details accurately and solve the Captcha code.
Click Submit / Search to view the number of shares applied and allotted to you.

About Tega Industries Limited Public Issue & Market Profile

Tega Industries Limited is bringing an initial public offering (IPO) in the Industrials sector with an aggregate issue size of ₹619.23 Crores. The shares are offered at a price band of ₹443 to ₹453 per equity share on NSE and BSE. Currently, market analysts recommend evaluating the company's financial valuation, price-to-earnings (P/E) multiple, and peer comparison prior to submitting bids.

Public Issue & Allotment Procedure:

The public offer consists of a fresh issue and offer-for-sale structured under SEBI regulations. Bidding is open to Qualified Institutional Buyers (QIB), Non-Institutional Bidders (NII/HNI), and Retail Individual Investors (RII). Applications can be submitted online using ASBA or UPI mandate through certified stock brokers and net banking portals.

Official Allotment Timelines & Registrar Guidance:

Following the close of bidding on 2021-12-03, the basis of allotment is scheduled to be finalized on 2021-12-08. Investors can verify their application status online by submitting their PAN card number, Application Number, or DP Client ID on the registrar's official portal (Link Intime India Private Limited) or the BSE allotment checking window.

Frequently Asked Questions

What if my name is not showing on the registrar portal?

Allotment records are updated in batches. If the status is not yet available, please wait a few hours until the basis of allotment is fully finalized.

How will I receive the refund if I don't get allotment?

Since funds are blocked under ASBA/UPI, the bank will automatically release the blocked hold on your funds upon receipt of revocation instructions from the sponsor bank.