How to Check Tega Industries IPO Allotment Status

08 December 2021
3 min read
How to Check Tega Industries IPO Allotment Status
whatsapp
facebook
twitter
linkedin
telegram
copyToClipboard

The Tega Industries IPO is open for subscription between December 1 and December 3, 2021. The price band has been kept between Rs 443-453 per share with a minimum lot size of 33 shares.

The Tega Industries IPO allotment status will be finalised around December 8 (tentative).

Ways to Check Allotment Status

Here’s how you can check the allotment status:

1. Check Allotment Status on Groww

Once the allotment status is finalized, you can check your status on Groww, if you had applied for this IPO on our platform. Here are the steps:- 

Step 1: Open the Groww App, scroll down the homepage to see the ‘IPOs’ section.

Step 2: Click on IPOs. On the next page click on the ‘Status’ tab next to the Tega Industries IPO (or any other IPO you had applied for). The status tab will not be visible if you have not applied for the IPO.

Step 3: You will see the status of your IPO application on the next screen.

2. Check Allotment Status on Registrar’s Website

The registrar for this IPO is Link Intime India Private Limited.

  • The registrar for the IPO is Link Intime India Private Limited and the shares are proposed to be listed on the BSE and NSE.
  • After you land on the website’s homepage, click on public issues. You will see a drop-down that says ‘Select Company’.
  • From the drop-down menu, select ‘Tega Industries ’. 
  • For identification, you can give your PAN number, application number, DP/client ID, account number/IFSC code.

3. Check Allotment Status on BSE

Step 1: Investors are required to follow this link to check their IPO allotment status on BSE: https://www.bseindia.com/investors/appli_check.aspx.

Step 2: You will then have to select the ‘Equity’ option and then from the dropdown, select issue name – ‘Tega Industries’.

Step 3: You will have to enter your application number and PAN card number next.

Step 4: After completing all the above-mentioned steps click on the “Search” button.

📣 IPOs to look out for
Companies
Type
Bidding Dates
SMECloses 06 Dec
SMECloses 09 Dec
Regular-
Regular-
Regular-

FAQs on Tega Industries   IPO Allotment

  • What happens to the IPO amount in my bank account?

After applying for an IPO, the amount gets blocked for use from your account. Therefore, the money is still showing in your balance but is blocked for use. 

  • How are the Tega Industries shares being allotted?

If Tega Industries IPO is oversubscribed, the shares will be distributed proportionately among investors so that each investor gets a minimum of one lot. This is done on a lottery basis, so there cannot be a guarantee that you will get the shares. It is possible that few investors do not get any shares at all, in case of oversubscription.

  • Will my money come back if I don’t get Tega Industries IPO allotment?

If you don’t get the allotment in the Tega Industries IPO, the amount will be unblocked, and you will be able to use the amount in your bank account. 

  • When will Tega Industries IPO get listed?

Tega Industries IPO shares will get listed on BSE and NSE on December 13, 2021. (tentative)

Disclaimer

The stocks mentioned in this article are not recommendations. Please conduct your own research and due diligence before investing. Investment in securities market are subject to market risks, read all the related documents carefully before investing. Please read the Risk Disclosure documents carefully before investing in Equity Shares, Derivatives, Mutual fund, and/or other instruments traded on the Stock Exchanges. As investments are subject to market risks and price fluctuation risk, there is no assurance or guarantee that the investment objectives shall be achieved. Groww Invest Tech Pvt. Ltd. (Formerly known as Nextbillion Technology Pvt. Ltd) Ltd. do not guarantee any assured returns on any investments. Past performance of securities/instruments is not indicative of their future performance.
Do you like this edition?
ⓒ 2016-2024 Groww. All rights reserved, Built with in India
MOST POPULAR ON GROWWVERSION - 5.5.7
STOCK MARKET INDICES:  S&P BSE SENSEX |  S&P BSE 100 |  NIFTY 100 |  NIFTY 50 |  NIFTY MIDCAP 100 |  NIFTY BANK |  NIFTY NEXT 50
MUTUAL FUNDS COMPANIES:  GROWWMF |  SBI |  AXIS |  HDFC |  UTI |  NIPPON INDIA |  ICICI PRUDENTIAL |  TATA |  KOTAK |  DSP |  CANARA ROBECO |  SUNDARAM |  MIRAE ASSET |  IDFC |  FRANKLIN TEMPLETON |  PPFAS |  MOTILAL OSWAL |  INVESCO |  EDELWEISS |  ADITYA BIRLA SUN LIFE |  LIC |  HSBC |  NAVI |  QUANTUM |  UNION |  ITI |  MAHINDRA MANULIFE |  360 ONE |  BOI |  TAURUS |  JM FINANCIAL |  PGIM |  SHRIRAM |  BARODA BNP PARIBAS |  QUANT |  WHITEOAK CAPITAL |  TRUST |  SAMCO |  NJ