2 min read.Updated: 01 Dec 2021, 11:50 AM IST Edited By Asit Manohar
Tega Industries IPO GMP today is ₹385, which is ₹5 higher from its yesterday's grey market premium of ₹380, say market observers
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Tega Industries IPO (Initial Public Offering) opened for subscription today and it will remain open for bidding till 3rd December 2021. The issue was fully subscribed within an hour. As of 11:52 am, Tega Industries IPO was subscribed 1.5 times with retail portion subscribed over 3 times. From this book build issue, company aims to raise ₹619.23 crore. The public issue is 100 per cent OFS (Offer for Sale) in nature. As expected, ahead of subscription opening, shares of Tega Industries have become available for trade. As per the market observers, Tega Industries shares are trading at a premium of ₹385 in the grey market today.