| Issue Date | 01 Dec 2021 - 03 Dec 2021 |
| Issue Size | ₹619.23 Cr |
| Issue Price | ₹443-453 |
| Market Lot | 33 Shares |
| Shares on Offer | 13,669,478 |
| Registrar | Link Intime |
| GMP | ₹390-400 |
| Kostak | ₹550 |
| Subject to Sauda | ₹11500 |
| Listing Date | 13 Dec 2021 |
| Listing Price | ₹760 |
| Listing Gain% | 68.00 |
Established in 1976, Tega Industries Limited is one of the leading manufacturer of specialized ‘critical to operate’ and recurring consumable products for the global mineral beneficiation, mining and bulk solids handling industry. Headquartered in Kolkata, India, Tega offers a range of specialized abrasion and wear-resistant rubber, polyurethane, steel and ceramic based lining components required for mining and mineral processing, screening, grinding and material handling.
Tega’s philosophy is to uphold traditional values through the empowerment of professionals, providing technical and economically unrivalled solutions to complex problems in mining, beneficiation, power, material handling and engineering. The company’s products have met with approvals from all major mining and mineral processing companies globally.
Today, Tega is the second largest producer of polymer-based mill liners, which are critical components in driving efficiency and lowering cost per tonne of operation. It has manufacturing facilities in India, South Africa, Australia and Chile, and exports its products and solutions to over 70 countries. It is a true Indian multinational with sales & distribution network and over 1700+ workforce across the globe.
Madan Mohan Mohanka, Manju Mohanka, Manish Mohanka, Mehul Mohanka and Nihal Fiscal Services Private Limited are the company promoters.
| Particulars | 31-Mar-21 | 31-Mar-20 | 31-Mar-19 |
|---|---|---|---|
| Total Assets (In ₹ Millions) | 10,183.39 | 8,873.15 | 7,902.68 |
| Total Revenue (In ₹ Millions) | 8,566.84 | 6,955.42 | 6,430.13 |
| Profit After Tax (PAT) (In ₹ Millions) | 1,364.05 | 655.04 | 326.70 |
| Date | GMP | Kostak | Subject to Sauda |
|---|---|---|---|
| 07 Dec 2021 | ₹390-400 | ₹550 | ₹11500 |
| 02 Dec 2021 | ₹415-420 | ₹500 | ₹11000 |
| 26 Nov 2021 | ₹180-185 | N/A | N/A |
| Strength |
|---|
| Weakness |
|---|
| Date & Time | QIB | NII | RII | Total |
|---|---|---|---|---|
| Day 1 - 01 Dec 2021 | 0.07 | 4.17 | 7.51 | 4.67 |
| Day 2 - 02 Dec 2021 | 3.35 | 20.48 | 17.04 | 13.87 |
| Day 3 - 03 Dec 2021 | 215.45 | 666.19 | 29.44 | 219.04 |
Please click the link below to check the IPO allotment status.
IPO Allotment StatusTega Industries Limited IPO will open on 01 Dec 2021 and close on 03 Dec 2021.
Tega Industries Limited IPO will list on 13 Dec 2021.
The offer price of Tega Industries Limited IPO is ₹443-453.
The lot size of Tega Industries Limited IPO is 33.
The Grey Market Premium (GMP) price of Tega Industries Limited IPO is ₹390-400.
The Kostak price of Tega Industries Limited IPO is ₹550.
The Subject to Sauda price for Tega Industries Limited IPO is ₹11500.
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