It is the last day to apply for Tega Industries IPO which has seen tremendous interest from the investors as the grey market premium is reflecting a 100% jump from issue price.
The public offering has been subscribed nearly 14 times, as per the data from the exchanges and its shares are being traded in the unlisted market at a premium of Rs 410/share over it's issue price of Rs 430/share
The initial public offer is of up to 1.3 crore equity shares and is in a price range of ₹ 443-453 per share.
Tega Industries IPO was fully subscribed within one hour of opening on December 1.
Globally, Tega Industries is the second-largest producer of polymer-based mill liners.
Established in 1976, Tega Industries is a leading manufacturer and distributor of specialized, critical, and recurring consumable products for the global mineral beneficiation, mining, and bulk solids handling industry.