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Tega Industries Limited

Bookbuilding IPO · NSE, BSE

Price band
₹443-₹453
Lot size
33 shares
Issue amount
₹619.23 cr
Total subscription
0×
Current price₹1,865.4
Listing price ₹760
Watch live price ↗
Opens
1 Dec 2021
Closes
3 Dec 2021
Allotment
8 Dec 2021
Listing
13 Dec 2021

Offer at a glance

Issue overview

Issue size
1,36,69,478 shares
Face value
₹10 per share
Minimum investment
₹14,619
Fresh issue
₹0 cr
Offer for sale
₹619.23 cr
Registrar
Link Intime India Private Limited
Listing exchange
NSE, BSE
Maximum investment
₹14,949
Issue type
Bookbuilding IPO
Shares before issue
6,62,93,149
Shares after issue
6,62,93,149

Lot sizes

CategoryLotsSharesAmount
RETAIL133₹14,949
sHNI14462₹2,09,286
bHNI672,211₹10,01,583

Share reservation

QIB50%
NII (HNI)15%
RETAIL35%

Subscription & GMP

Subscription by category

Total subscribed0×

Subscription figures are awaiting publication.

GMP history

013527019 Dec: ₹270
19 Dec₹27019 Dec

Financial performance

Company financials

In Lakhs · Reported periods may include interim results.

Revenue & profitIn Lakhs
05,00010,000Mar-19 · Revenue: 6,430.13Mar-19 · Profit after tax: 326.7Mar-19Mar-20 · Revenue: 6,955.42Mar-20 · Profit after tax: 655.04Mar-20Mar-21 · Revenue: 8,566.84Mar-21 · Profit after tax: 1,364.05Mar-21Jun-21 · Revenue: 1,793.86Jun-21 · Profit after tax: 118.82Jun-21
RevenueProfit after tax

Company information

Company profile

Established in 1976, Tega Industries is a leading global manufacturer and distributor of specialized consumable products used in mining, mineral processing, and bulk material handling, and is the second-largest producer of polymer-based mill liners worldwide by revenue in 2020. The company offers over 55 wear- and abrasion-resistant products made from rubber, polyurethane, steel, and ceramics, which are used across various stages of mining and mineral processing. Tega operates six manufacturing facilities located in India, Chile, South Africa, and Australia, and serves customers in more than 70 countries, with a majority of its revenue coming from international markets. The company also has a wide global sales network and continues to expand its presence in key mining regions across the world.

Strengths

  • Global Market Leader: One of the world’s largest producers of polymer-based mill liners.
  • Recurring Revenue Model: Products serve aftermarket demand, ensuring repeat and steady revenues.
  • Strong R&D & Manufacturing: In-house research, manufacturing, and strict quality control.
  • Global Presence: Serves customers worldwide with strong manufacturing and sales capabilities.
  • Consistent Growth: Demonstrates steady market growth and operational efficiency.
  • Experienced Team: Led by a seasoned management team with a large, diverse workforce.

Promoters

Madan Mohan Mohanka

Manju Mohanka

Manish Mohanka

Mehul Mohanka

Nihal Fiscal Services Private Limited

Registrar & documents

Lead manager

Axis Capital Limited, Jm Financial Limited

Registered office

147, Block-G, New Alipore, Kolkata 700 053, West Bengal, India

+91 33 3001 9000

[email protected]Company website ↗

Understanding TEGA IPO data

Compare the price band and required investment with the company profile, financial results and offer documents. Subscription figures show reported demand by category; they do not establish the value of the business. GMP is an unofficial indication and can change before listing.