Tega Industries Limited IPO Message Board (Page 22)

Anyone can explain about Blockchain technology ?

Current grey 370 seller

HNIs who had borrowed funds will incur big loss

Mini Black Friday Sale 360

Can we pledge our dmat holding with the bank and get credit to apply in IPO?

Yes.
But u have to pay processing charge and intrest too.

Most banks don''t allow.. Plus you will not be able to get above 10L I think wherever it''s allowed

Anyone please tell why SBI ASBA not showing tega for applying??!!

Time out in sbi asba 2 pm only

Tega Industries, established in 1976, is a leading manufacturer and distributor of specialized, critical and recurring consumable products for the global mineral, mining, and bulk solids handling industry.

- product portfolio includes specialized abrasion and wear-resistant rubber, polyurethane, steel, and ceramic-based lining components.
- Has more than 55 mineral processing and material handling products.
- Has 6 manufacturing sites.
- Presence in 513 installation sites in over 70 countries
- Expanding their operations in major markets including North America, South America, Australia, and South Africa.

Multipie is subscribing for listing gains given commodity linkage of business!
GMP 410 (90%)

Sign up on Multipie www.multipie.co to get more views

I guess funded HNI will be at big loss after seeing the subscription.Even if the issue will open at 1000 which is very unlikely they will learn a lesson by creating a mess.

Current GMP is 420 (92% premium).
HNI subscription at 560x will cost 420Rs @8.5%

It means HNIs are borrowing funds to earn 0 profit given that everything goes fine and Tega list at 92% premium

@INDIAWAY: HNI applications will increase to some extent but Over-Subscription will decrease. Huge HNI applications is not investors problem to deal with. Let Registrar take care of that.

Funded HNIs taking a loan of 100 Cr will have to open 100 accounts to get to the same level. Work load of NBFCs will increase considerably as they have to manage (do PoAs, etc. for) all these accounts!

Retailers with 20-30 accounts do it 2-way. NBFCs will have to do it 3-way I think.
All this will have a bearing on HNI Cost.

@Indiway from April 2022 onwards, the HNI should be streamlined and should be less, can I know why you will think that HNI applications will shoot up?

Subscription already 100x. No chance of allotment

HNI 592.59 times as of 2.45 pm

HNI. Cost is 437.59 at 8.5% pa

Who have more probability of allotment?
a) person who applied 1 lot in retail category?
b) person who applied in HNI category for 14 lots?

Going by HNI figures, My take is that Retail will be better placed than HNI of 40 lots

Thank you all for response applied in retail quota.

Qualified Institutional Buyers (QIBs)      168.12
Non Institutional Investors(NII)      586.97
Retail Individual Investors (RIIs)      27.3
Employee Reserved      0
Reservation PortionShareholder      0
Total      187.47

Qualified Institutional Buyers (QIBs)      149.79
Non Institutional Investors(NII)      579.42
Retail Individual Investors (RIIs)      27.16
Employee Reserved      0
Reservation PortionShareholder      0
Total      180.54

HNI 577.72 TIMES AS OF 2.35 PM

HNI COST IS 426.6 AT 8.5 % PA

Is third party application allowed ?

I mean can I apply using SBI ASBA for someone else deemat account ?

Also please let me know if I can pay from my upi id for someone else ipo upi application ?

As bids not placed at cutoff are counted in total bids therefore the actual subscription is much lower.
The actual subscription at cut off at 2pm was 9.6 . Is this right or am I mistaken?

As of 2:12pm from NSE
Total Issue Size ........................................95,68,636
Total Bids Received .............................45,50,36,396
Total Bids Received at Cut-off Price      .....9,22,31,997 ( Actual Subscription = x 9.6 times)
No. of times issue is subscribed .......................152.06

HNI 537.26 TIM3S AS OF 2.30 PM

HNI cost is 396.74 at 8.5% pa

Latest GMP

Tega Industries 425

430 buyer... Haal maal laav maal 🔥

Lagne ka chance 18 per 1 wala tod ke abhi 23 per 1 hoga... Sala padosi ka kidney bech ke bhara 🔥🌪

HNI 523.69 times as of 2.20 pm
HNI cost is 386.7 at 8.5% pa

Hey Team,

Thanks for the IPO details. But could you please help me with the shareholding calculation. In DRHP it is mentioned that promoters are diluting around 20% as OFS. So if that is the case then promoter shareholding shall be decreased from 85.17 to 65.17%. It would be really a great help if you could help me with the calculation.