Teja Engineering Industries SME IPO Live Subscription Status
How to Apply for this IPO? Read here.
Teja Engineering Industries Limited provides industrial project support to various clients across the energy sector. The company started its operations in 2023 and is based in Bharuch. This IPO helps the company acquire heavy execution machinery assets. The company will use the fresh issue money to expand working capital. It also wants to address common corporate expenses. Investors can now track the demand for these shares through the subscription status and the interest of different buyer categories.
Anchor Investor Allocation
Anchor investors are big institutions that buy shares before the public. The Book Running Lead Manager finalised the allocation of 5,11,200 Equity Shares to Anchor Investors at Rs. 120 per share.
| Anchor Investor Details | |
|---|---|
| Bid Date | – |
| Shares Offered | – |
| Anchor Portion (₹ Cr.) | – |
| Anchor lock-in period end date for 50% shares (30 Days) | – |
| Anchor lock-in period end date for remaining shares (90 Days) | – |
| Sr. | Anchor | Group Entity | Shares Allotted | Amt (₹ cr.) | % Allocated | % Allotment of Issue |
|---|---|---|---|---|---|---|
Disclaimer: This information is for educational purposes only. Always seek advice from a qualified financial professional before making investment choices.
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