Wednesday, December 01, 2021

Tega Industries IPO Date, Review, Price, Form & Market Lot Details

Tega Industries IPO to hit the market on December 01 and will close on December 03, 2021. Tega Industries IPO to raise around ₹619 crores via IPO that comprises fresh issue of ₹- crores and offer for sale up to 13,669,478 equity shares of ₹10 each. The retail quota is 35% with QIB 50% and HNI 15%.

Tega Industries Limited is a leading manufacturer of specialized 'critical to operate' and recurring consumable products for the global mineral beneficiation, mining and bulk solids handling industry. Globally, we are the second largest producers of polymer-based mill liners. Their portfolio comprises more than 55 mineral processing and material handling products. The company has 6 manufacturing units, 3 in India and 3 Globally in Chile, South Africa, and Australia. They have strong presence in around 70 countries. Check out Tega Industries IPO details.

Important Details:

  • 2nd Largest producers of polymer-based mill liners (Year 2020).
  • Leading manufacturer of specialized, critical, and recurring consumable products.
  • YOY Growth in Profit with increase in Revenue as well.
  • Good presence in around 70 countries worldwide.
  • Expanding their presence in North America, South America, Australia, and South Africa. 
  • Peer Group: AIA Engineering
Tega Industries

    Tega Industries IPO Review

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    Brokerage Firm IPO Reviews

    • Angel Broking: Apply
    • Axis Capital: Neutral
    • BP Wealth: Apply
    • Canara Bank: Neutral
    • Choice Broking: Apply
    • HDFC Securities: Neutral
    • Hem Securities: Apply
    • ICICI Direct: Apply
    • Kotak Securities: Neutral
    • Marwadi Shares: Apply
    • Religare Broking: Neutral

    Tega Industries IPO Date & Price Band

     IPO Open:  01 December 2021
     IPO Close:  03 December 2021
     IPO Size:  Approx ₹619 Crores
     Fresh Issue:  Approx ₹- Crores
     Offer for Sale:  Approx 13,669,478 Equity Shares
     Face Value:  ₹10 Per Equity Share
     Price Band:  ₹443 to ₹453 Per Equity Share
     Listing on:  BSE & NSE
     Retail Quota:  35%
     QIB Quota:  50%
     NII Quota:  15%
     Discount:  N/A
     DRHP Draft Prospectus:  Click Here
     RHP Draft Prospectus:  Click Here

    Tega Industries IPO Market Lot

    The Tega Industries IPO minimum market lot is 33 shares with ₹14,949 application amount. The retail investors can apply up-to 13 lots, 429 shares with ₹194,337 application amount.
     Minimum Lot Size:  Minimum 33 Shares for 1 lot
     Minimum Amount:  ₹14,949 for 1 lot
     Maximum Lot Size:  Maximum 429 Shares for 13 lot
     Maximum Amount:  ₹194,337 for 13 lot

    Tega Industries IPO Date, Time Table, Allotment & Listing

    The Tega Industries IPO date is 01 December 2021 and the IPO close date is 03 December 2021. The allotment date is 08 December 2021 and the IPO may list on 13 December 2021.
     Price Band Announcement:  26 November 2021
     Anchor Investors Allotment:  30 November 2021
     IPO Open Date:  01 December 2021
     IPO Close Date:  03 December 2021
     Basis of Allotment:  08 December 2021
     Refunds:  09 December 2021
     Credit to Demat Account:  10 December 2021
     IPO Listing Date:  13 December 2021

    Tega Industries IPO Form

    How to apply the Tega Industries IPO? You can apply Tega Industries IPO via ASBA available in your bank account. Just go to the online bank login and apply via your bank account by selecting the Tega Industries IPO in the Invest section. The other option you can apply Tega Industries IPO via IPO forms download via NSE and BSE. Check out the Tega Industries forms - click NSE Forms & BSE Forms blank IPO forms download, fill and submit in your bank or with your broker.


    Tega Industries Company Financial Report

      ₹ in Crores

    Assets Revenue Expense PAT
    2019 ₹790 ₹643 ₹598 ₹32.67
    2020 ₹887 ₹696 ₹638 ₹65.50
    2021 ₹1018 ₹857 ₹676 ₹136.41

    Company Promoters

    • Madan Mohan Mohanka
    • Manju Mohanka
    • Manish Mohanka
    • Mehul Mohanka
    • Nihal Fiscal Services Private Limited

    Tega Industries IPO Registrar

    Link Intime India Private Limited
    C-101, 1st Floor, 247 Park,
    Lal Bahadur Shastri Marg,
    Vikhroli (West),
    Mumbai 400 083, Maharashtra , India
    Telephone: +91 22 4918 6000
    E-mail: tega.ipo@linkintime.co.in
    Website: www.linkintime.co.in
    Investor grievance e-mail:tega.ipo@linkintime.co.in
    Note: Check Tega Industries IPO allotment status on Linkintime website allotment URL. Click Here

    Tega Industries IPO Lead Managers

    • Axis Capital Limited
    • JM Financial Consultants Private Limited

      Company Address

      Tega Industries Limited
      147, Block-G, New Alipore,
      Kolkata 700 053,
      West Bengal, India
      Phone: +91 33 3001 9000
      Email: compliance.officer@tegaindustries.com
      Website: https://www.tegaindustries.com/

      Tega Industries IPO FAQs


      What is Tega Industries IPO?

      Tega Industries IPO is a main-board IPO. They are going to raise ₹619 Crores via IPO. The issue price band is ₹443 to ₹453 per equity share. The IPO to be listed on BSE & NSE.

      When Tega Industries IPO will open?

      The IPO is to open on 01 December 2021 for QIB, NII, and Retail Investors.

      What is Tega Industries IPO Investors Portion?

      The investors' portion for QIB 50%, NII 15%, and Retail 35%.

      How to Apply the Tega Industries IPO?

      You can apply Tega Industries IPO via ASBA online via your bank account. You can also apply ASBA online via UPI through your stock brokers. You can also apply via your stock brokers by filling up the offline form.

      How to Apply the Tega Industries IPO through Zerodha?

      Log in to Console in Zerodha Website or in Application. Go to Portfolio and Click on IPO. You will see the IPO Name "Tega Industries". Click on Bid Button. Enter your UPI ID, Quantity and Price. Submit IPO Application Form. Now go to your UPI App on Net Banking or BHIM App to Approve the mandate. Open Demat Account with Zerodha.

      How to Apply the Tega Industries IPO through Upstox?

      Log in to Upstox Application with your credentials. Select the IPO. You will see the IPO Name "Tega Industries". Click on Bid Button. Confirm your application. Now go to your UPI App on Net Banking or BHIM App to Approve - mandate. Open Demat Account with Upstox.

      What is Tega Industries IPO Size?

      Tega Industries IPO size is ₹619 crores. The IPO comprises ₹- crores of fresh issue and offer for sale of 13,669,478 equity shares.

      What is Tega Industries IPO Price Band?

      Tega Industries IPO Price Band is ₹443 to ₹453 per equity share.

      What is Tega Industries IPO Minimum and Maximum Lot Size?

      The minimum bid is 33 shares with ₹14,949 amount while the maximum bid is 429 shares with ₹194,337.

      What is Tega Industries IPO Allotment Date?

      Tega Industries IPO allotment date is 08 December 2021.

      What is Tega Industries IPO Listing Date?

      Tega Industries IPO listing date is 13 December 2021. The IPO to list on BSE and NSE.

      Note: The Tega Industries IPO details are announced officially. The IPO grey market premium (Tega Industries IPO Premium) is updated on the respective page. You can check our IPO grey market page for daily updates.)

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