Tega Industries IPO GMP, Grey Market Premium, Kostak & Subject To Sauda Today

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

Link Intime India Private Limited
C-101, 1st Floor, 247 Park,
Lal Bahadur Shastri Marg,
Vikhroli (West),
Mumbai 400 083, Maharashtra , India
Telephone: +91 22 4918 6000
Website: www.linkintime.co.in
Investor grievance e-mail:[email protected]

 

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.

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