Tega Industries IPO Date, Review, Price, Form & Market Lot Details:- Tega Industries IPO will hit the market on December 01 and will close on December 03, 2021. Tega Industries is planning to raise Rs 760 crore through this IPO. The IPO will have a fresh issue of Rs 175 crore and an offer for sale of Rs 585 crore. The retail quota is 35% with QIB 50% and HNI 15%.
Tega Industries is an Indian corporation headquartered in Kolkata, India and a constituent of the MM group of companies. It provides customized solutions to mining, mineral beneficiation, bulk material handling, and the slurry transportation industry.
The company specializes in manufacturing, distribution, and life cycle management of wear-resistant lining components required for grinding, sizing and beneficiation of minerals, downstream equipment such as hydro-cyclones and flotation columns, fluid transportation and filtration systems used in the industry. Tega Industries IPO Grey Market Premium
Tega Industries IPO Date, Review, Price, Form & Market Lot Details
Tega Industries IPO Review
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Tega Industries IPO Date & Price Band
| IPO Open: | 01 December 2021 |
| IPO Close: | 03 December 2021 |
| IPO Size: | Approx Rs 760 crore |
| Fresh Issue: | Approx Rs 175 Crores |
| Offer for Sale: | Approx Rs 585 Crores |
| Face Value: | Rs 10 Per Equity Share |
| Price Band: | Rs- to Rs- Per Share |
| Listing on: | BSE & NSE |
| Retail Quota: | 35% |
| QIB Quota: | 50% |
| NII Quota: | 15% |
| DRHP Draft Prospectus: | Click Here |
| RHP Draft Prospectus: | Click Here |
Tega Industries IPO Market Lot
| Minimum Lot Size: | Minimum – Shares for 1 lot |
| Minimum Amount: | – for 1 lot |
| Maximum Lot Size: | Maximum – Shares Shares for 13 lot |
| Maximum Amount: | – for 13 lot |
Tega Industries IPO Reservation :
| Category | Reservation | Shares | Amount |
|---|---|---|---|
| QIB : | 50% | N/A | N/A |
| NII : | 15% | N/A | N/A |
| RII : | 35% | N/A | N/A |
| EMP : | N/A% | N/A | N/A |
| Total : | 100 % | N/A | N/A |
Tega Industries IPO Dates, Allotment & Listing :
Tega Industries IPO Date is 01 December 2021 2021 and closes on 03 December 2021. The allotment date is December 2021 and the IPO may list in December 2021.
| Open Date : | 01 December 2021 |
| Close Date : | 03 December 2021 |
| Allotment Date : | December 2021 |
| Refund Date : | December 2021 |
| Share Credit Date : | December 2021 |
| Listing Date : | December 2021 |
Tega Industries IPO Form
There are two ways to apply in Tega Industries IPO. You can apply for Tega Industries IPO through ASBA available in your bank account. You have to go to your online bank login and select Tega Industries IPO in the Invest section and apply through your bank account. Another option is you can apply for Tega Industries IPO through IPO form download through NSE and BSE. See the Tega Industries IPO Form – Download the NSE Form and BSE Form IPO Form, fill it, and submit it to your bank or your broker.
Tega Industries Financial Report:
| Year | Revenue | Expense | PAT |
| 2021 | Rs 856.6 Crores | Rs 675.5 Crores | Rs 136.4 Crores |
| 2020 | Rs 695.5 Crores | Rs 638.1 Crores | Rs 65.5 Crores |
| 2019 | Rs 643 Crores | Rs 598.3 Crores | Rs 32.6 Crores |
Promoters
- Madan Mohan Mohanka
- Manju Mohanka
- Manish Mohanka
- Mehul Mohanka
- Nihal Fiscal Services Private Limited
Registrar to the Offer
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/
About Tega Industries
Tega Industries are a leading manufacturer and distributor of specialized ‘critical to operate’ and recurring consumable products for the global mineral beneficiation, mining and bulk solids handling industry, on the basis of sales for the calendar year 2020 (Source: F&S Report). Globally, we are the second-largest producer of polymer-based mill liners, on the basis of revenues for the calendar year 2020 (Source: F&S Report). We offer comprehensive solutions to marquee global clients in the mineral beneficiation, mining and bulk solids
handling industry, through our wide product portfolio of specialized abrasion and wear-resistant rubber, polyurethane, steel and ceramic based lining components, used by our customers across different stages of mining and mineral processing, screening, grinding and material handling, including after-market spends on wear, spare parts, grinding media and power, which are regular operating expenses for our customers.
Tega Industries have a track record of servicing leading global mining companies for a long period of time. Revenue from operations from outside India constituted 86.42%, 85.92% and 85.83% of our revenue from operations in Fiscals 2021, 2020 and 2019, respectively. In the last three Fiscals, we have a presence in 513, 498 and 479 installation sites in over 70 countries. Revenue from operations outside India includes North America, South America, EMER (Europe, Middle East and Russia), Africa and Asia Pacific (South East Asia and Australia) which constituted 13.74%, 24.71%, 15.49% 22.62% and 9.85% of our revenue from operations in Fiscal 2021. Our focus end-customers are mineral processing sites involved in gold and copper ore beneficiation, accounting for 34.92% and 27.25% respectively of our revenues from the sale of products as an average of the last three Fiscals. We have six manufacturing sites, including three in India, at Dahej in Gujarat and at Samali and Kalyani in West Bengal, and three sites in major mining hubs of Chile, South Africa and Australia.
Our total income was ₹ 8,566.84 million, ₹6,955.42 million and ₹6,430.13 million in Fiscals 2021, 2020 and 2019, respectively. Our restated total profit for the year was ₹1,364.05 million, ₹655.04 million and ₹326.70 million for fiscals 2021, 2020 and 2019 respectively. Our net cash generated from operating activities was ₹ 1,702.46 million, ₹ 1,283.75 million and ₹686.69 million in Fiscals 2021, 2020 and 2019 respectively. Our EBITDA was ₹ 2,386.42 million, ₹1,172.28 million and ₹1,060.03 million for the Fiscals 2021, 2020 and 2019, having increased at a CAGR of 50.04 %, from Fiscal 2019 to Fiscal 2021. Our EBITDA margin was 27.86 %, 16.85% and 16.49%, respectively, in the same periods, having increased at a CAGR of 29.99 %, from Fiscal 2019 to Fiscal 2021. For Fiscals 2021, 2020 and 2019, our Return on Capital Employed (“ROCE”) was 24.76%, 11.17% and 11.12 %. Our net worth was ₹6,137.22 million, ₹ 4,624.89 million and ₹ 4,011.05 million as of March 31, 2021, 2020 and 2019, respectively, while our Return on Equity (“ROE”) was 22.23 %, 14.16 % and 8.14 % for fiscals 2021, 2020 and 2019 respectively.
Tega Industries IPO FAQs :
What is Tega Industries IPO?
Tega Industries IPO is Mainboard IPO. They are going to raise Rs760. Crores via IPO. The issue is priced at ₹-₹ per equity share. The IPO is to be listed on NSE, BSE.
When Tega Industries IPO will open?
The IPO is to open on 01 Dec 2021 – 02 Dec 2021 for QIB, NII & RII.
What is Tega Industries IPO Size?
Tega Industries IPO size is Rs 760 Crores.
What is the Fresh issue size of Tega Industries IPO?
The Fresh issue size of Tega Industries IPO is Rs 175 Cr.
What is the Offer For Sale size of Tega Industries IPO?
The Offer For Sale size of Tega Industries IPO Rs 585 Cr.
What is Tega Industries IPO Price Band?
Tega Industries IPO Price Band is ₹-₹ Per share.
What is Tega Industries IPO Minimum and Maximum Lot Size?
The minimum bid is – Lot, – Shares with ₹ amount while the maximum bid is – Lot, – shares with ₹-.
What is Tega Industries IPO Investors Portion?
The investors’ portion for QIB 50%, NII 15%, RII 35%.
What is Tega Industries IPO Allotment Date?
Tega Industries IPO allotment date is -.
What is Tega Industries IPO Listing Date?
Tega Industries IPO listing date is -. The IPO to list on NSE, BSE.
How to Apply the Tega Industries IPO through Zerodha?
Log in Zerodha Website. Go to Portfolio and Click on IPO. You will see the IPO Name “Tega Industries IPO”. 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.
How to Apply the Tega Industries IPO through Upstox?
Log in to Upstox Website or app. Go to Portfolio and Click on IPO. You will see the IPO Name “Tega Industries IPO”. 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.
How to Apply the Tega Industries IPO through Groww?
Log in to Groww Website or app. Now you can see IPOs and Click on IPO. You will see the IPO Name “Tega Industries IPO”. 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.