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 IPO Review
- Apply
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
| 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
| 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
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: [email protected]
Website: https://www.tegaindustries.com/
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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.)
