Shares of Tega Industries listed at a premium of 67% to the issue price today, marking a stellar listing. The firm made its debut at Rs 760 per share (up 67.77 per cent) on the NSE against the IPO issue price of Rs 453. Market cap of the firm rose to Rs 5,038 crore. Total 14.36 lakh shares of the firm changed hands amounting to a turnover of Rs 109 crore on the NSE.
On BSE, the stock listed at Rs 753, 66.22% higher to the IPO price. Market cap of the firm rose to Rs 4,991 crore. Total 1.13 lakh shares of the firm changed hands amounting to a turnover of Rs 8.48 crore on the BSE. The IPO was held from December 1 to December 3. It received a stellar response with the share sale subscribed 219.04 times on the last day.
Shares of Tega Industries made a stellar debut at the exchanges on Monday. The stock got listed at Rs 760, a 67.77 per cent premium over its issue price of Rs 453.
Tega Industries IPO will be listed on the Indian bourses- Bombay Stock Exchange (BSE) and National Stock Exchange (NSE)- on Monday. Check what GMP suggests.