Tega IPO description – The company is the second largest producer of polymer-based mill liners in terms of revenues for calendar year
2020. It offers comprehensive solutions to marquee global clients in the mineral beneficiation, mining and bulk solids handling industry, through its wide product portfolio of specialized abrasion and wear-resistant rubber, polyurethane, steel and ceramic based lining components, used by its 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.
Its product portfolio comprises more than 55 mineral processing and material handling products. As an average of the last three Fiscals i.e., 2021, 2020 and 2019, sale of products constitutes 95.08% of its revenue from operations, while its sale of services and other operating revenue constitutes 2.15% and 2.77%, respectively of its revenue from operations.
The company’s revenues from operation from outside India constituted 86.42% of its revenue from operations in FY2021.
Promoters of Tega Industries – Madan Mohan Mohanka, Manju Mohanka, Manish Mohanka, Mehul Mohanka and NFSPL (Nihal Fiscal Services Private Limited)
- Tega IPO Details
- Tega Industries’ Financial Performance
- Tega IPO News
- Tega Valuations & Margins
- Tega IPO GMP Daily Trend
- Tega IPO Subscription – Live Updates
- Tega Industries IPO Reviews – Subscribe or Avoid?
- Tega Industries Offer Registrar
- Tega Industries Contact Details
- Tega IPO Allotment Status
- Tega IPO Timetable
- Tega IPO FAQs
Tega IPO Details
|Subscription Dates||1 – 3 December 2021|
|Price Band||INR443 – 453 per share|
|Offer For Sale||13,669,478 shares (INR605.56 – 619.23 crore)|
|Total IPO size||13,669,478 shares (INR605.56 – 619.23 crore)|
|Minimum bid (lot size)||33 shares (INR14,949)|
|Face Value||INR10 per share|
|Listing On||NSE, BSE|
Tega Industries’ Financial Performance
Tega IPO News
- Tega Industries IPO GMP and oversubscription indicates strong listing
- Tega Industries IPO Review: Subscribe or Avoid?
- Tega IPO RHP
- Tega IPO DRHP
Tega Valuations & Margins
Tega IPO GMP Daily Trend
|Date||Tega IPO GMP||Kostak||Subject to Sauda|
|11 Dec 2021||INR300||–||INR8,700|
|10 Dec 2021||INR300||–||INR8,700|
|9 Dec 2021||INR300||–||INR8,500|
|8 Dec 2021||INR300||INR400||INR7,600|
|7 Dec 2021||INR350||INR500||INR8,000|
|6 Dec 2021||INR450||INR600||INR8,500|
|4 Dec 2021||INR450||INR600||INR8,500|
|3 Dec 2021||INR450||INR580||INR7,800|
|2 Dec 2021||INR450||INR570||INR7,700|
|1 Dec 2021||INR400||INR550||INR6,500|
|30 Nov 2021||INR300||INR425||INR5,600|
|29 Nov 2021||INR300||INR400||INR5,500|
|27 Nov 2021||INR250||INR350||INR5,000|
Tega IPO Subscription – Live Updates
|Category||Shares Offered||Day 1||Day 2||Day 3|
Tega Industries IPO Reviews – Subscribe or Avoid?
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Tega Industries Offer Registrar
Link Intime India Private Limited
C-101, 1st Floor,
247 Park Lal Bahadur Shastri Marg,
Vikhroli (West) Mumbai – 400 083
Phone: +91 22 4918 6200
Fax: +91 22 4918 6195
Email: [email protected]
Tega Industries Contact Details
Tega Industries Limited
147, Block-G, New Alipore,
Kolkata – 700 053
Phone: +91 33 3001 9000
Email: [email protected];
Tega IPO Allotment Status
Tega Industries IPO allotment is now available on Link Intime’s website. Click on this link to get allotment status.
Tega IPO Timetable
IPO Opening Date: 1 December 2021
IPO Closing Date: 3 December 2021
Finalisation of Basis of Allotment: 8 December 2021
Initiation of refunds: 9 December 2021
Transfer of shares to demat accounts: 10 December 2021
Listing Date: 13 December 2021
Opening Price on NSE: INR760 per share (up 67.77% from IPO price)
Closing Price on NSE: INR718 per share (up 58.5% from IPO price)
Tega IPO FAQs
How many shares in Tega IPO are reserved for HNIs and retail investors?
The investors’ portion for QIB – 50%, NII – 15%, and Retail – 35%.
How to apply in Tega Industries Public Offer?
The best way to apply in Tega Industries IPO is through Internet banking ASBA (know all about ASBA here). You can also apply online through your stock broker using UPI. If you prefer to make paper applications, fill up an offline IPO form and deposit the same to your broker.
What is Tega IPO GMP today?
Tega Industries IPO GMP today is INR300 per share.
What is Tega IPO kostak rate today?
Tega Industries IPO kostak rate today is NA per application.
What is Tega Industries Subject to Sauda rate today?
Tega Industries Subject to Sauda rate today is INR8,700 per application.