Tempo Digitek Share Itemizing: Shares of Tempo Digitek Restricted debuted on Dalal Avenue at a virtually 4 per cent premium over the problem worth on Monday, October 6. The inventory of the Bengaluru-based firm opened for commerce at Rs 225 on the NSE and at Rs 226.85 on the BSE, translating to a premium of two.74 per cent and three.58 per cent over the problem worth, respectively.
This is what market guru Anil Singhvi suggests to traders:
Earlier on Monday, Zee Enterprise Managing Editor Anil Singhvi had predicted the inventory to listing within the worth vary of Rs 235 to Rs 240 towards the problem worth of Rs 219.
The problem acquired a weak response and was subscribed to only one.6 instances.
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He advises traders to use for affordable itemizing positive factors and long-term development.
The market professional additionally means that long-term traders can maintain, whereas short-term traders can hold the cease loss beneath the problem worth.
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Tempo Digitek IPO subscription highlights:
The Tempo Digitek IPO noticed an total subscription of 1.59 instances, translating to 4.40 crore shares bid towards the whole of two.76 crore shares on supply.
The subscription contains bids from Certified Institutional Consumers (QIBs), Non-Institutional Buyers (NIIs) and Retail Particular person Buyers(RIIs) who subscribed 1.60, 2.90 and 1.03 instances, respectively.
When it comes to shares, QIBs bid for 1.25 crore shares towards the 78.57 lakh shares allotted, whereas NIIs bid for 1.71 crore shares towards the 58.92 lakh shares reserved.
The retail traders’ portion subscribed to 1.41 crore shares towards the allotted portion of 1.37 crore shares.
Tempo Digitek IPO particulars:
The Tempo Digitek IPO is a book-built concern that includes totally a recent concern of three.47 crore shares value Rs 819.15 crore. Being a wholly recent concern of shares, the proceeds will go on to the corporate and to not the promoters.
The corporate plans to utilise the IPO proceeds for funding capital expenditure necessities, together with normal company functions.
Worth band: Rs 208 to Rs 219 per fairness share
Subscription date: September 26 to September 30, 2025
Lot dimension: 68 shares, with a minimal funding of Rs 14,892
Tempo Digitek firm profile:
Based in 2003, Tempo Digitek Restricted is a supplier of built-in infrastructure and power options. It specialises in telecom energy administration, optic fibre laying, and renewable power.
Financially, the corporate recorded a income development of 0.07 per cent from Rs 2,460.27 crore in FY24 to Rs 2,462.20 crore in FY25. The Revenue After Tax (PAT) stood at Rs 279.10 crore in FY25, up 21 per cent from Rs 229.87 crore in FY24.
