Tega Industries IPO GMP History
Tega Industries IPO has been listed on December 13, 2021 at a listing price of ₹760, against the issue price of ₹453 — a gain of ₹307 (+67.77%). The GMP peaked at ₹450 on 6 December 2021 and reached a low of ₹250 on 27 November 2021. The day-wise GMP trend below shows how grey market sentiment evolved from subscription to listing.
Tega Industries IPO raised ₹619.23 Cr. through its IPO at a price band of ₹443 to ₹453 per share, with a lot size of 33 shares. The IPO was open for subscription from 01 Dec 2021 to 03 Dec 2021.
Researched & reviewed by
Abhishek Vohera,
Founder, IPO Guru
Last updated
Figures sourced from the RHP, BSE & NSE
GMP trend
Grey market premium sampled three times a day (11 AM, 5 PM, 10 PM). Last updated 10 Nov, 7:27 AM IST.
Day-wise GMP
The last reading of each day, newest first. Arrows compare with the previous day.
| Date | GMP | ↑↓ | % | Kostak | Sub. Sauda |
|---|---|---|---|---|---|
| 11 Dec 2021 | ₹ 300 | — | 66% | — | — |
| 10 Dec 2021 | ₹ 300 | — | 66% | — | — |
| 09 Dec 2021 | ₹ 300 | — | 66% | — | — |
| 08 Dec 2021 | ₹ 300 | ▼ | 66% | — | — |
| 07 Dec 2021 | ₹ 350 | ▼ | 77% | — | — |
| 06 Dec 2021 | ₹ 450 | — | 99% | — | — |
| 04 Dec 2021 | ₹ 450 | — | 99% | — | — |
| 03 Dec 2021 | ₹ 450 | — | 99% | — | — |
| 02 Dec 2021 | ₹ 450 | ▲ | 99% | — | — |
| 01 Dec 2021 | ₹ 400 | ▲ | 88% | — | — |
| 30 Nov 2021 | ₹ 300 | — | 66% | — | — |
| 29 Nov 2021 | ₹ 300 | ▲ | 66% | — | — |
| 27 Nov 2021 | ₹ 250 | — | 55% | — | — |
Tega Industries IPO dates
Key dates from opening to listing. Today is 11 November.
- Open 01 Dec 2021
- Close 03 Dec 2021
- Allotment 08 Dec 2021
- Refund/credit 09 Dec 2021
- Listing 13 Dec 2021
Tega Industries IPO actual listing price
How the grey market's final call compared with the listing-day open.
| Issue price | ₹453 |
|---|---|
| GMP-based estimate (pre-listing) | ₹753 (+66.2%) |
| Listing gain / loss | +₹307 per share |
| Listing date | 13 Dec, 2021 |
| Actual listing price | ₹760 (+67.77%) |
Is Tega Industries IPO GMP reliable?
Grey market premium for Tega Industries IPO should be interpreted with caution. The GMP is an unregulated, unofficial market not governed by SEBI. Here's how to read the current signal:
- 01Subscription rate matters: A high GMP paired with strong subscription — especially QIB (Qualified Institutional Buyer) oversubscription — is a more reliable bullish signal than GMP alone. Read our in-depth analysis: GMP vs Subscription Data — Which Predicts Listing Gains Better?
- 02Timing matters: GMP in the first 1–2 days of subscription is less reliable. GMP on the final subscription day and the day before listing tends to be the most accurate predictor.
- 03Grey market is thin: For smaller IPOs, even a handful of large orders can swing the GMP significantly. Treat low-volume GMP signals with extra caution.
- 04Cross-check before acting: Review the Tega Industries IPO full review for a fundamentals-based assessment before making any grey market trades.
Tega Industries IPO Kostak rate explained
Two ways the grey market trades an IPO application before listing.
The Kostak rate for Tega Industries IPO was not available during the subscription period. Kostak is the fixed amount a grey market buyer pays for an IPO application regardless of allotment outcome.
The Subject to Sauda price was not available for this IPO. Subject to Sauda only applies if allotment is confirmed — the buyer pays a premium on top of the issue price per lot allotted.
Grey market trading is unofficial and unregulated by SEBI. Proceed with full awareness of the associated risks.
About Tega Industries IPO
Tega Industries Limited was incorporated as Tega India Limited on 15 May 1976. It makes and distributes specialised, critical and recurring consumable products for the global mineral beneficiation, mining and bulk solids handling industry.
Its range covers abrasion and wear-resistant rubber, polyurethane, steel and ceramic lining components used in mineral processing, screening, grinding and material handling. It has more than 55 mineral processing and material handling products, and it was the second largest maker of polymer-based mill liners globally by revenue in 2020.
It has 6 manufacturing sites, 3 in India at Dahej in Gujarat and at Samali and Kalyani in West Bengal, and 3 in mining hubs in Chile, South Africa and Australia.
The IPO was Rs 619.23 crore and was entirely an offer for sale by promoters and investor Wagner Limited, so the company received none of the money.
Frequently asked
What is the GMP of Tega Industries IPO?
The current Grey Market Premium (GMP) of Tega Industries IPO is ₹ 300.
What is the Kostak Price of Tega Industries IPO?
Kostak rate is the profit made by selling an IPO application before allotment. The current Kostak rate for Tega Industries IPO is not available.
What is the Subject to Sauda Price of Tega Industries IPO?
Subject to Sauda is the premium amount decided if the allotment is confirmed. The current Subject to Sauda rate is not available.
What was the actual listing price of Tega Industries IPO?
Tega Industries IPO listed on December 13, 2021 at ₹760, against the issue price of ₹453 — a gain of +67.77%.
How did the GMP of Tega Industries IPO trend before listing?
The GMP of Tega Industries IPO was stable in its final days before listing. The GMP peaked at ₹450 on 6 December 2021. View the day-wise table above for the complete GMP history.
Explore Tega Industries IPO further
The grey market is one signal. Read it alongside the demand, the reviews and the filings before you decide.
It has listed — go back to the fundamentals.
Category-wise demand from QIB, NII and retail investors, updated through the day.
What brokers and analysts are saying about this issue, in one place.
Check with your PAN whether shares were credited to your demat account.
The grey market called it. Now check the fundamentals.
IPO Guru tracks GMP, subscription and allotment for every Mainboard and SME issue. Read the grey market alongside the subscription book and the offer document before you apply.
Not investment advice. Grey market premium is an unofficial, unregulated indicator and is not a forecast.
