Tega Industries IPO - Grey Market, GMP & Reviews

IPO Details

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 ₹180-185
Kostak N/A
Subject to Sauda N/A
Listing Date 13 Dec 2021
Listing Price N/A
Listing Gain% N/A

About Tega Industries Limited

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.

Company Promoters

Madan Mohan Mohanka, Manju Mohanka, Manish Mohanka, Mehul Mohanka and Nihal Fiscal Services Private Limited are the company promoters.

Company Financials

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

Grey Market Premium Updates

Date GMP Kostak Subject to Sauda
26 Nov 2021 ₹180-185 N/A N/A

Strengths & Weaknesses

Strength
Weakness

Tega Industries Limited IPO Reviews

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Subscription Details

Date & Time QIB NII RII Total
Day 1 - 01 Dec 2021
Day 2 - 02 Dec 2021
Day 3 - 03 Dec 2021

Allotment Status

Please click the link below to check the IPO allotment status.

IPO Allotment Status

Tega Industries Limited IPO FAQs

  1. When will Tega Industries Limited IPO open?

    Tega Industries Limited IPO will open on 01 Dec 2021 and close on 03 Dec 2021.

  2. What is the listing date of Tega Industries Limited IPO?

    Tega Industries Limited IPO will list on 13 Dec 2021.

  3. What is the offer price of Tega Industries Limited IPO?

    The offer price of Tega Industries Limited IPO is ₹443-453.

  4. What is the lot size of Tega Industries Limited IPO?

    The lot size of Tega Industries Limited IPO is 33.

  5. What is the Grey Market Premium (GMP) price of Tega Industries Limited IPO?

    The Grey Market Premium (GMP) price of Tega Industries Limited IPO is ₹180-185.

  6. What is the Kostak price of Tega Industries Limited IPO?

    The Kostak price of Tega Industries Limited IPO is Not Available at the moment.

  7. What is the Subject to Sauda price for Tega Industries Limited IPO?

    The Subject to Sauda price for Tega Industries Limited IPO is Not Available at the moment.

Tega Industries Limited IPO Review/Comments

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