Highlights

  • Tega shares were available bidding in the price band of Rs 443-453 apiece under the IPO
  • Tega Industries was established in 1976

Latest news

OnePlus 15R first look: OnePlus changes the R-series playbook

OnePlus 15R first look: OnePlus changes the R-series playbook

India's retail inflation rises to 0.71% in November

India's retail inflation rises to 0.71% in November

Cabinet approves CoalSETU window for auction of coal to boost industrial use and export

Cabinet approves CoalSETU window for auction of coal to boost industrial use and export

Cabinet approves Minimum Support Price for Copra for 2026 season

Cabinet approves Minimum Support Price for Copra for 2026 season

Fire never left: Vinesh Phogat comes out of retirement, targets LA Olympics

Fire never left: Vinesh Phogat comes out of retirement, targets LA Olympics

Flexible office segment in India set to grow faster, over 25% annually by 2027: Report

Flexible office segment in India set to grow faster, over 25% annually by 2027: Report

Rahul Gandhi flags issue of air pollution, seeks discussion in Lok Sabha

Rahul Gandhi flags issue of air pollution, seeks discussion in Lok Sabha

Japan lifts tsunami warning after magnitude 6.7 quake

Japan lifts tsunami warning after magnitude 6.7 quake

Bumper listing for Tega Industries; lists at over 60% premium to issue price

The Rs 619 crore IPO, which was entirely an offer for sale by existing investors, was subscribed 219 times

Bumper listing for Tega Industries; lists at over 60% premium to issue price

The week kickstarted with the blockbuster listing of Tega Industries as shares surged on its debut day giving investors a gain of 60% at start.

Also watch | Meet the influencer who makes up to Rs 70 lakhs a day teaching Excel

The opening price on the BSE was Rs 753 against an issue price of Rs 453 per share, while it was Rs 760 on the NSE.The IPO second largest producer of polymer-based mill liners was subscribed 219 times when it was open between December 1-3.

Founded in 1976, Kolkata-based Tega Industries is a specialty mining and metals company. It is a manufacturer and distributor of specialised critical-to-operate consumables. Tega's portfolio contains more than 55 products targeted at consumers across different stages of mining and mineral processing.

ADVERTISEMENT

Up Next

Bumper listing for Tega Industries; lists at over 60% premium to issue price

Bumper listing for Tega Industries; lists at over 60% premium to issue price

Microsoft commits USD 17.5 billion investment in India: CEO Satya Nadella

Microsoft commits USD 17.5 billion investment in India: CEO Satya Nadella

CBI books Anil Ambani's son, Reliance Home Finance Ltd. in Rs 228 crore bank fraud case

CBI books Anil Ambani's son, Reliance Home Finance Ltd. in Rs 228 crore bank fraud case

RBI raises FY26 GDP growth projection to 7.3 pc

RBI raises FY26 GDP growth projection to 7.3 pc

RBI trims policy interest rate by 25bps to 5.25pc, loans to get cheaper

RBI trims policy interest rate by 25bps to 5.25pc, loans to get cheaper

Rupee slumps to all-time low of 90.25 against US dollar in intra-day trade

Rupee slumps to all-time low of 90.25 against US dollar in intra-day trade

ADVERTISEMENT

editorji-whatsApp

More videos

Reliance completes merger of Star Television Productions with Jiostar

Reliance completes merger of Star Television Productions with Jiostar

India to lead emerging market growth with 7pc GDP rise in 2025: Moody’s

India to lead emerging market growth with 7pc GDP rise in 2025: Moody’s

Nifty hits record high after 14 months; Sensex nears all-time peak

Nifty hits record high after 14 months; Sensex nears all-time peak

Reliance stops Russian oil use at its only-for-export refinery to comply with EU sanctions

Reliance stops Russian oil use at its only-for-export refinery to comply with EU sanctions

ED attaches fresh assets worth over Rs 1,400 cr in case against Anil Ambani's Reliance Group

ED attaches fresh assets worth over Rs 1,400 cr in case against Anil Ambani's Reliance Group

India signs one-year deal to import 2.2 million tonnes of LPG from US

India signs one-year deal to import 2.2 million tonnes of LPG from US

India International Trade Fair begins at Pragati Maidan amid tight security

India International Trade Fair begins at Pragati Maidan amid tight security

Stock markets decline in initial trade on foreign fund outflows, weak Asian peers

Stock markets decline in initial trade on foreign fund outflows, weak Asian peers

Amazon to lay off 30,000 office workers amid AI-driven cost cuts

Amazon to lay off 30,000 office workers amid AI-driven cost cuts

US sanctions on Russian firms to hit Reliance; PSUs likely to keep buying Russian oil via traders

US sanctions on Russian firms to hit Reliance; PSUs likely to keep buying Russian oil via traders

Editorji Technologies Pvt. Ltd. © 2022 All Rights Reserved.