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IPO Status: Listed [1st Dec 2021 to 3rd Dec 2021]
Tega Industries IPO of Rs. 619.23 Cr is coming soon to list on the BSE and NSE. The IPO opens for subscription from 1 Dec to 3 Dec 2021. The IPO price band is fixed at Rs. 443-453 and one can apply for the lot size of 33 shares and its multiple. Stay updated with us to know more about the Tega Industries IPO issue size, minimum order amount, business overview, company financials, live subscription, allotment status, and more.
| IPO Issue Opening Date: | 1st Dec 2021 |
| IPO Issue Closing Date: | 3rd Dec 2021 |
| IPO Issue Price: | ₹443-453 Per Share |
| DRHP: | Download DRHP |
| RHP: | Download RHP |
| Anchor List: | Download Anchor List |
| IPO Listing At: | BSE, NSE |
| Retail Quota: | 50 |
| IPO Issue Type: | Book Build Issue |
| IPO Issue Size: | ₹619.23 Cr |
| Offer for Sale: | 13,669,478 shares at ₹453 each [₹619.23 Cr] |
| Face Value: | ₹10 Per Equity Share |
| IPO Discount: | TBD |
| Promoter Holding Pre IPO: | 85.17% |
| Promoter Holding Post IPO: | 79.17% |
| Allotment Status: | Allotment Status |
| BSE Code: | 543413 |
| NSE Code: | TEGA |
Get important updates regarding Tega Industries IPO tentative timeline covering IPO opening, closing, allotment, and listing dates. Dates are updated as they are announced.
| IPO Activity | Date |
|---|---|
| Basis of Allotment Date* | 8th Dec 2021 |
| Refunds Initiation* | 9th Dec 2021 |
| Credit of Shares to Demat* | 10th Dec 2021 |
| IPO Listing Date* | 13th Dec 2021 |
* - Tentative Dates
| IPO Activity | Date |
|---|---|
| Issue Price | ₹443-453 |
| Market Lot: | 33 Shares |
| 1 Lot Amount: | ₹14949 |
| Min Small HNI Lots(2-10 Lakh): | 462 shares (14 lots) |
| Min Big HNI Lots(10+ Lakh): |
| GMP Date | IPO Price | GMP | Sub2 Sauda Rate | Expected Listing Gain | Last Updated |
|---|---|---|---|---|---|
| 13-12-2021 | 453 | 270 | -- | ₹723 (59.6%) | 13-Dec-2021 8:36 |
Zerodha Trade@20
**The GMP prices shown here are only news related to the grey market. We do not trade/deal in grey market or subject to rates (sub2), nor do we recommend trading in grey market.
Tega Industries is a leading manufacturer and distributor of specialized and "critical to operate" recurring consumable products for the global mineral beneficiation, mining, and bulk solids handling industry. The company is the second-largest global producer of polymer-based mill liners for the calendar year 2020.
The firm offers a comprehensive range of products including specialized abrasion, wear-resistant rubber, polyurethane, steel, and ceramic-based lining components, and others to companies in mining and mineral processing, screening, grinding, material handling, and after-market spending. Currently, its product portfolio has 55+ mineral processing and material handling products. It also has foreign collaboration with Skega AB, Sweden. Madan Mohan Mohanka.
The company not just sell products in the domestic market but also export to countries like North America, South America, EMER (Europe, Middle East, and Russia), Africa, and the Asia Pacific. In fiscal 2021, it has generated 86.42% revenue from operations outside India. Tega Industries has 6 manufacturing sites, 3 in India (Dahej, Samali, and Kalyani), and 3 sites in Chile, South Africa, and Australia with an aggregate area of 74,255 sq meters.
| Incorporation | Sector | IPO Issue Size | Website |
| 1976 | Industrial Goods | ₹619.23 Cr | http://www.tegaindustries.com/ |
The table below is live update of IPO bidding details from NSE and BSE.
| Day | QIB | NII | RII | Total | |
|---|---|---|---|---|---|
| # of Shares Offered | 2,733,896 (28.57%) | 2,050,422 (21.43%) | 4,784,318 (50%) | 9,568,636 | |
| 1 | 1st Dec 2021 17:02 | 0.07x | 4.17x | 7.51x | 4.67x |
| 2 | 2nd Dec 2021 19:16 | 3.35x | 20.48x | 17.04x | 13.87x |
| 3 | 3rd Dec 2021 17:02 | 215.45x | 666.19x | 29.44x | 219.04x |
| Tega Industries Financials (₹ in Cr) | 31-Mar-2021 | 31-Mar-2020 | 31-Mar-2019 |
|---|---|---|---|
| Total Assets | ₹1,018.34 | ₹887.32 | ₹790.27 |
| Total Income | ₹856.68 | ₹695.54 | ₹643.01 |
| Net Profit/Loss | ₹136.41 | ₹65.50 | ₹32.67 |
Last Updated on 16-Dec-2021 10:28:12
