Tega Industries Limited IPO Details
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Company All Details
Tega Industries Limited
Founded
1976
Managing Director
Mehul Mohanka.
Company Promoters:
Madan Mohan Mohanka, Manish Mohanka & Others
About the company.
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 as of June 30, 2021. Globally, the company is the second largest producer of polymer-based mill liners, on the basis of revenues as of June 30, 2021 (Source: F&S Report). It offers comprehensive solutions to marquee global clients in the mineral beneficiation, mining and bulk solids handling industry, through the 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, which are regular operating expenses for its customers.
The company’s engineering capability, which has evolved over decades, has enabled it to consistently offer the quality, complex manufactured products within stipulated timelines, allowing to reduce downtime and maximize operational efficiency for its customers, and forge robust relationships with the customers leading to high recurring revenues.
The objective of the offer
Achieve the benefits of listing the Equity Shares on the Stock Exchanges and
for the Offer for Sale of up to 13,669,478 Equity Shares.
Tega Industries Limited IPO Details
Issue Amount : Upto Rs 619 Cr
Post Issue Implied Market Cap: Upto ₹3,003 Cr at Upper band
Total shares on offer : Upto 13,669,478 Equity Shares
Face Value : ₹10 per share
Price Band : ₹443 to ₹453
Lot Size : 33 shares
Tega Registrar : Link Intime India Pvt Ltd.
Prospectus Document:
Download DRHP File
Tega Industries Limited IPO Timeline, IPO Open Date, Listing Date, Refund Date
| IPO Open Date | Dec 01, 2021 |
| IPO Close Date | Dec 3, 2021 |
| Basis of Allotment Date | Dec 8, 2021 |
| Initiation of Refunds | Dec 9, 2021 |
| Credit of Shares to Demat Account | Dec 10, 2021 |
| IPO Listing Date (Trading commence) | Dec 13, 2021 |
Offer Breakup
| Category | Allocation |
|---|---|
| Qualify Institutional Bidders (QIB) | 75% |
| Non Institutional Byers (NIB) | 15% |
| Retail Individual Investor (RII) | 10% |
| Employee | – |
| Total | 100% |
Important Financial Data:
For the year/period ended (₹ in Crore) Last Three Year
| Particulars (in ₹ crore) | As at March 31, 2021 | As at March 31, 2020 | As at March 31, 2019 |
|---|---|---|---|
| Total Assets | 1,018 | 887 | 790 |
| Total Revenue | 857 | 696 | 643 |
| Net Profit for the period | 136 | 65 | 32 |
What is Tega Industries Limited IPO?
Issue Amount : Upto Rs 619 Cr.
Issue Amount : Upto Rs 619 Cr.
Tega Industries Limited IPO Open?
01 Dec 2021 to 03 Dec 2021.
Tega IPO Open?
01 Dec 2021 to 03 Dec 2021.
How to apply on Zerodha, Tega Industries Limited through Zerodha?
Zerodha customers can apply online in Tarsons Products IPO using UPI as a payment gateway. Zerodha customers can apply in Tega IPO by login into Zerodha Console (back office) and Select an IPO application form.
Steps to apply in Tega IPO through Zerodha.
1. Visit the Zerodha website or Kite App and login to Zerodha.
2. Go to Console area and click the IPOs link.
3. Go to the ‘Tega IPO’ row and click the ‘Bid’ button.
4. Enter your UPI ID, Quantity, and Price.
5. ‘Submit’ IPO application form.
6. After Successfully submitting application, Visit the UPI App and approve the mandate (Enter your UPI pin & pay the ipo amount)
7. IPO application is complete you can chek status on zerodha console.