Tega Industries IPO Subscribed 4.67 Times On First Day Of Problem

INSUBCONTINENT EXCLUSIVE:
subscribed 4.67 times on the first day of its issue, according to subscription data on the stock exchanges
The IPO of the Kolkata-based leading manufacturer opened today, December 1, and will close on December 3 - remaining open for investors for
The portion set aside for qualified institutional buyers or QIB was subscribe 0.07 times, while the portion reserved for non-institutional
for a minimum of 33 equity shares and in multiples of 33 shares thereafter
Retail individual investors can make a minimum investment of Rs 14,949 per lot and maximum investment would be Rs 1,94,337 for 13
lots.''There is a significant scope for new mining capacities and considerable opportunities for future discoveries of sub-surface deposits
of metals in India
India's mineral production of most of the important minerals is also showing positive growth during 2021
Since Tega Industries deals in manufacturer of consumables concerning the mining industry, investors may include this IPO in their portfolio