Tega Industries IPO GMP, Grey Market Premium, Kostak & Subject To Sauda Today:- Here we provided Tega Industries IPO Grey Market Premium, Kostak rates, and Subject to Sauda rates as of today. Tega Industries IPO GMP is not started yer in the grey market but it will have some numbers soon.
Tega Industries IPO will hit the market on December 01 and will close on December 03, 2021. Tega Industries is planning to raise Rs 619 crore through this IPO. The IPO will have a fresh issue of Rs- crore and an offer for sale of Rs- 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. RateGain IPO
Tega Industries IPO GMP, Grey Market Premium, Kostak & Subject to Sauda Today
What is Tega Industries IPO GMP Today?
The Tega Industries IPO GMP aka grey market premium is Rs 300.
What is Tega Industries IPO Kostak Rates Today?
The Tega Industries IPO kostak rate is Rs 500.
What is Tega Industries IPO Subject to Sauda Price Today?
The Tega Industries IPO subject to sauda rates is Rs 9000
Tega Industries IPO Expected Returns?
Tega Industries expected return is 60%.
Tega Industries IPO GMP Live Rates day by day with Kotak rates.
Tega Industries IPO GMP Or Grey Market Premium Available Here.
| Date | GMP |
Kostak | Subject to |
| 13 December | Rs 300 | Rs 500 | Rs 9000 |
| 12 December | Rs 300 | Rs 500 | Rs 9000 |
| 11 December | Rs 300 | Rs 500 | Rs 9000 |
| 10 December | Rs 300 | Rs 500 | Rs 9000 |
| 09 December | Rs 350 | Rs 500 | Rs 8000 |
| 08 December | Rs 350 | Rs 500 | Rs 8000 |
| 07 December | Rs 350 | Rs 500 | Rs 8000 |
| 06 December | Rs 400 | Rs 600 | Rs 11000 |
| 05 December | Rs 410 | Rs 600 | Rs 11000 |
| 04 December | Rs 410 | Rs 600 | Rs 11000 |
| 03 December | Rs 410 | Rs 550 | Rs 10000 |
| 02 December | Rs 410 | Rs 550 | Rs 10000 |
| 01 December | Rs 400 | Rs 500 | Rs 6000 |
| 30 November | Rs 310 | Rs 500 | Rs 6000 |
| 29 November | Rs 300 | Rs 500 | Rs 6000 |
| 28 November | Rs 300 | Rs 500 | Rs 5000 |
| 27 November | Rs 250 | Rs 500 | Rs 5000 |
| 26 November | Rs 180 | ₹- | ₹- |
Tega Industries IPO Date & Price Band
| IPO Open: | 01 December 2021 |
| IPO Close: | 03 December 2021 |
| IPO Size: | Approx Rs 619 crore |
| Fresh Issue: | Approx Rs- Crores |
| Offer for Sale: | Approx Rs- Crores |
| Face Value: | Rs 10 Per Equity Share |
| Price Band: | Rs 443 to Rs 453 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 33 Shares for 1 lot |
| Minimum Amount: | Rs 14,949 for 1 lot |
| Maximum Lot Size: | Maximum 429 Shares Shares Shares for 13 lot |
| Maximum Amount: | Rs 194,337 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 : | 08 December 2021 |
| Refund Date : | 09 December 2021 |
| Share Credit Date : | 10 December 2021 |
| Listing Date : | 13 December 2021 |
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
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 :
How much is Tega Industries IPO GMP Today?
Tega Industries IPO GMP Today is ₹0-₹0.
How much is Tega Industries IPO Grey Market Premium?
Tega Industries IPO is Grey Market Premium ₹0.
What is Tega Industries IPO Kostak Rate?
Tega Industries IPO Kostak Rate is ₹0.
What is Tega Industries IPO Subject to Sauda?
Tega Industries IPO Subject to Deals is ₹0.
What are Tega Industries IPO Approx Returns?
Tega Industries IPO approx Returns is %-%. And it can also change according to the Market Sentiment.
Disclaimer: We are not buying and selling IPO forms on IPO Grey Market. Do not subscribe for IPO by just seeing premium Price as it may change anytime before listing. Subscribe only considering Fundamentals of the companies.