Tega Industries shares make blockbuster debut
- The IPO of Tega Industries was subscribed 219 times
Shares of Tega Industries surged on debut today as the stock rose to ₹728.90 on BSE today, as compared to issue price of ₹453. In comparison, the Sensex was up 0.6%. The ₹620 crore initial public offer of Tega Industries Limited was subscribed a whopping 219.04 times. The category for non-institutional investors got subscribed 666.19 times, qualified institutional buyers (QIBs) received 215.45 times subscription, and retail individual investors (RIIs) 29.44 times.
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