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Teja Engineering Industries IPO Subscription Details
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Subscription
Live Subscription Details
Total subscribed 1.37 times
Live Subscriptions
| Date | N I I | Individual Investors | Total |
|---|---|---|---|
| Jun 30 (Day 1) | 0.11 | 0.02 | 0.06 |
| Jul 1 (Day 2) | 0.55 | 0.08 | 0.31 |
| Jul 2 (Day 3) | 1.81 | 0.32 | 1.37 |
Live Subscription Bids Wise
| Category | Subscription (x) | Shares Offered | Shares Bid For | Total Amt (₹ Cr.) | Total Applications |
|---|---|---|---|---|---|
| Market Maker | 1 | 85,200 | 85,200 | 1.87 | - |
| NII*** | 1.81 | 8,06,400 | 14,56,200 | 32.04 | 0 |
| Individual Investors | 0.32 | 8,06,400 | 2,55,600 | 5.62 | 213 |
| Total ** | 1.37 | 16,12,800 | 22,12,200 | 48.67 | 271 |
Teja Engineering Industries IPO Subscription — Frequently Asked Questions
What is the current subscription status of Teja Engineering Industries IPO?
The overall subscription status of Teja Engineering Industries IPO is currently 1.37 times. This figure is updated live during the bidding period and reflects total applications received relative to the shares offered.
How can I check live subscription for Teja Engineering Industries IPO?
You can track live subscription for Teja Engineering Industries IPO on this page, which shows category-wise (QIB, NII, Retail) and bids-wise subscription data. The IPO is priced at ₹220 and subscription closes on Jul 02.
What does 1.37 times subscription mean for Teja Engineering Industries IPO?
A subscription of 1.37 times for Teja Engineering Industries IPO means investors have applied for shares worth that many times the total issue size. Higher subscription generally indicates stronger demand, but it also reduces the chance of allotment for retail investors in oversubscribed IPOs.
What are QIB, HNI, and Retail categories in Teja Engineering Industries IPO?
In Teja Engineering Industries IPO, QIB (Qualified Institutional Buyers) includes mutual funds and banks, NII/HNI (Non-Institutional Investors) is for high-net-worth individuals investing above ₹2 lakh, and Retail is for individual investors applying up to ₹2 lakh. Each category has a separate quota and subscription is tracked independently.
When does Teja Engineering Industries IPO subscription close?
Teja Engineering Industries IPO subscription closes on Jul 02. It opened on Jun 30. Applications must be submitted and payment authorized before the deadline on the closing day — typically by 5:00 PM IST.
Does high subscription guarantee allotment in Teja Engineering Industries IPO?
No. Even if Teja Engineering Industries IPO is heavily oversubscribed at 1.37 times, allotment is done through a lottery system for retail investors and proportionately for other categories. High subscription does not guarantee shares will be allotted.
How is Teja Engineering Industries IPO subscription calculated?
Subscription for Teja Engineering Industries IPO is calculated by dividing the total number of shares bid for by the number of shares offered in each category. For example, 3x subscription means three times more shares were applied for than available in that category.