Tega Industries Limited’s Initial Public Offering (IPO) share allotment position is likely to be finalized on Wednesday, December 8. The Kolkata-based manufacturer of consumables for the mining industry saw an overwhelming response to its first offer. Tega Industries IPO 95.68 lakh shares were subscribed 219.04 times. Tega Industries IPO is purely an offer for sale (OFS) of 1,36,69,478 equity shares by the promoters and an existing shareholder. The company wanted to raise Rs 619.22 crore through the public offering. The price band for Tega Industries IPO was fixed at Rs 443-453 per share.
Those who have invested in Tega Industries IPO can check the status of their share applications on Wednesday. There are two ways to check Tega Industries IPO share application status 1) BSE 2) Registrar’s website. After the allotment status is finalised, ineligible investors will get their refund by Thursday. The equity shares will be credited to the demat accounts of eligible investors on December 10. Shares of Tega Industries are likely to be listed on BSE and NSE on December 13.
How to Check Tega Industries Share Allotment Status through BSE Website
a) Visit the official website of BSE or Bombay Stock Exchange. The link is (https://www.bseindia.com/investors/appli_check.aspx)
b) It will take you to a page named ‘Status of Issue Application’.
c) After visiting the page click on ‘Equity’ option
d) From the drop down menu which will be displayed next to the name of the issue, select the option ‘Tega Industries Limited’
e) Write your application number on the page
f) After that enter your Permanent Account Number or PAN
g) Click on the captcha that says ‘I am not a robot’ and click on submit
h) After clicking on the option, the details of allotment status of your bid. The status will be visible only after the share allotment is finalised.
How To Check Tega Industries Through Registrar’s Website (Link Intime India)
a) visit link intime India Website using URL: (https://www.linkintime.co.in/IPO/public-issues.html)
b) Select the option ‘Tega Industries Limited’ from the drop-down list under ‘Company’. Name will be filled only after finalization of allotment
c) You have to select any one of the three modes: Application Number, Client ID or PAN ID
d) In Application Type, choose between ASBA and Non-ASBA
e) Enter the details of the mode selected by you in Step B
f) Fill the captcha and enter the option ‘Submit’. You will then be able to see your allotment status, given that the process is done
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