Tega Industries IPO
Tega Industries Limited (TEGA) · mainboard IPO on NSE and BSE · 100% Book Building. Listed on 13 December 2021.
Listed 13 Dec
Listing gain +67.8%
Issue details
Price band
₹443–453
Issue price
₹453
Lot size
33 shares
Min. retail bid
₹14,949
Max. retail bid
13 lots (₹1,94,337)
Issue size
—
Face value
₹10
Bidding
01 Dec – 03 Dec 2021
Listing
13 Dec 2021
Retail quota
—
Registrar
Link Intime India Private Limited
Listing day
Listed at
₹760
+67.8% vs issue price ₹453
Day's high
₹768
+69.5% · low ₹712 (+57.2%)
Day's close
₹726
+60.3% · traded ₹1,234 Cr
Past IPOs with similar demand
Earlier mainboard IPOs whose QIB, NII and retail subscription and size were closest to Tega Industries's, and how they listed.
| IPO | QIB | NII | Retail | Total | Size | Listing gain | Day high |
|---|---|---|---|---|---|---|---|
| Go Fashion (India)Nov 2021 | — | — | — | — | — | +89.9% | +94.2% |
| Tarsons ProductsNov 2021 | — | — | — | — | — | +3.0% | +23.6% |
| Sapphire Foods IndiaNov 2021 | — | — | — | — | — | +14.4% | +16.9% |
| One 97 CommunicationsNov 2021 | — | — | — | — | — | -9.3% | -9.1% |
| FINO Payments BankNov 2021 | — | — | — | — | — | -5.7% | +1.0% |
| Aditya Birla Sun Life AMCOct 2021 | — | — | — | — | — | +0.4% | +1.5% |
Lead managers and their listing record
| Book running lead manager | Mainboard IPOs since 2019 | Avg listing gain | Listed at a premium |
|---|---|---|---|
| Axis Capital | 107 | +20.4% | 73% |
| JM Financial | 109 | +22.8% | 75% |
Offer documents (NSE)
Frequently asked
What is the Tega Industries IPO price band and lot size? ₹443–453 per share, with a lot of 33 shares, so the smallest retail bid is ₹14,949.
How did it list? It opened at ₹760, +67.8% against the issue price of ₹453, and closed its first day +60.3%.
Other IPOs of 2021
CMS Info SystemsSupriya LifescienceHP AdhesivesData Patterns (India)MedPlus Health ServicesMetro BrandsC.E. Info SystemsShriram Properties
All 2021 IPOs →
Important: The AI listing estimates on Flash Finance are statistical estimates drawn from
how past Indian IPOs have listed. They are not a forecast of what any IPO will do, not a recommendation to apply, buy or sell,
and not investment advice. Listing prices depend on market conditions on the listing day and can differ widely from any
estimate; past patterns may not repeat. Subscription figures are as published by NSE (bids on NSE and BSE together) and can be
revised. Flash Finance is not a SEBI-registered investment adviser or research analyst. Read the issue's Red Herring
Prospectus and consult a SEBI-registered adviser before you invest.
