Vow!Another IPO blockbuster – Tega Industries lists at 68% premium

Tega Industries IPO

Tega Industries shares made a strong debut, listing at 68% premium, giving a windfall to investors. 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. The Grey Market Premium (GMP) rates of Rs 300-320 were a sureshot indicator of the price at which the shares were going to list. If one had invested 1 lakh rupees in the IPO, he would have seen the value become 1.68 lakh rupees.

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