Tega Industries IPO will be open from 01 December 2021 and close on 03 December 2021. Tega Industries IPO GMP Kostak rate and Subject to Sauda updated as of Today. Tega Industries IPO Grey Market Premium has been Started with Premium Rates, We need to wait for the rates to change with the Market Sentiment in a few days or to Stabilize the Rates.
Tega Industries Limited is one of the leading manufacturer of specialized ‘critical to operate’ and recurring consumable products for the global mineral beneficiation, mining and bulk solids handling industry. Headquartered in Kolkata, India, Tega offers a range of specialized abrasion and wear-resistant rubber, polyurethane, steel and ceramic based lining components required for mining and mineral processing, screening, grinding and material handling.
Tega Industries IPO Issue size of ₹619.23 Crores, in which Fresh Issue of ₹0 Crores and Offer For Sale of ₹619.23 Crores and issue price band has been fixed at ₹443-₹453 Per Share. The Tega Industries IPO to be listed Soon on NSE and BSE.
What is Tega Industries IPO GMP Today?
■ The Tega Industries IPO GMP Today Or Grey Market Premium is ₹290-₹300.
What is Tega Industries IPO Kostak Rates Today?
■ The Tega Industries IPO Kostak rate is ₹0.
What is Tega Industries IPO Subject to Sauda Price Today?
■ The Tega Industries IPO Subject to Sauda rates is ₹7500.
Tega Industries IPO Approximately Returns?
■ The Tega Industries IPO’s approximate return is 70%-80%. And it can also change according to the Market Sentiment.
Tega Industries IPO GMP Live, Kostak,& Subject to Sauda :
| Date | GMP | Kostak | Subject |
| 13 Dec 2021 | List – ₹760 | ₹0 | ₹7500 |
| 12 Dec 2021 | ₹290-₹300 | ₹0 | ₹7500 |
| 11 Dec 2021 | ₹290-₹300 | ₹0 | ₹7500 |
| 10 Dec 2021 | ₹280-₹290 | ₹0 | ₹7500 |
| 09 Dec 2021 | ₹280-₹290 | ₹0 | ₹9000 |
| 08 Dec 2021 | ₹310-₹320 | ₹400 | ₹7000 |
| 07 Dec 2021 | ₹310-₹320 | ₹500 | ₹8000 |
| 06 Dec 2021 | ₹340-₹350 | ₹500 | ₹9000 |
| 05 Dec 2021 | ₹400-₹410 | ₹550 | ₹10000 |
| 04 Dec 2021 | ₹400-₹410 | ₹550 | ₹10000 |
| 03 Dec 2021 | ₹400-₹410 | ₹600 | ₹11000 |
| 02 Dec 2021 | ₹420-₹430 | ₹550 | ₹10000 |
| 01 Dec 2021 | ₹410-₹420 | ₹550 | ₹10000 |
| 30 Nov 2021 | ₹390-₹400 | ₹500 | ₹6000 |
| 29 Nov 2021 | ₹310-₹320 | ₹450 | ₹6000 |
| 28 Nov 2021 | ₹320-₹330 | ₹450 | ₹6000 |
| 27 Nov 2021 | ₹320-₹330 | ₹450 | ₹6000 |
| 26 Nov 2021 | ₹240-₹250 | ₹400 | ₹6000 |
| 25 Nov 2021 | ₹0-₹0 | ₹0 | ₹0 |
Tega Industries IPO Date & Price Band & Details :
| IPO Open : | 01 December 2021 |
| IPO Close : | 03 December 2021 |
| IPO Size : | ₹619.23. Cr |
| Face Value : | ₹10 Rs. Equity Share |
| Price Band : | ₹443–₹453 Per Share |
| Listing On : | BSE, NSE |
| Issue Size : | ₹619.23. Cr |
| Fresh Issue : | ₹0. Cr |
| Offer For Sale : | ₹619.23. Cr |
Tega Industries IPO Market Lot :
Tega Industries IPO Minimum Market lot is 1 Lot with 33 shares with ₹14,949 Application amount. The retail investors can apply up to 13 lots with 429 Shares or ₹194,337 amounts.
| Minimum Lot Size : | 1 Lot |
| Minimum Share : | 33 Shares |
| Minimum Amount : | ₹14,949 |
| Maximum Lot Size : | 13 Lot |
| Maximum shares : | 429 Shares |
| Maximum Amount : | ₹194,337 |
Tega Industries IPO Shares Offer :
A Total of 13,669,478 shares are to be bid for the public issue by Tega Industries IPO with – for Fresh issue and 13,669,478 for offer for sale Shares.
| Category | Shares Offers | Amount |
| Fresh issue : | – | ₹ |
| Offer For Sale : | 13,669,478 | ₹619.23 Cr |
| Total : | 13,669,478 | ₹619.23 Cr |
Tega Industries IPO Reservation :
Tega Industries IPO Total Reservation of 13,669,478 shares are to be bid for the public issue by Tega Industries IPO with 68,34,739 for QIB and 20,50,422 for NII 47,84,317 For RII & – Shares EMP.
| Category | Reservation | Shares | Amount |
| QIB : | 50% | 68,34,739 | ₹301.61 Cr |
| NII : | 15% | 20,50,422 | ₹92.88 Cr |
| RII : | 35% | 47,84,317 | ₹216.73 Cr |
| EMP : | – % | – | ₹ |
| Total : | 100% | 13,669,478 | ₹619.23 Cr |
Tega Industries IPO EPS :
The Tega Industries company’s EPS growth is Increasing every year, which is shown to you in the table here.
| Year | EPS Growth in (Rs.) |
| 2021 | ₹24.10 |
| 2020 | ₹11.57 |
| 2019 | ₹5.76 |
Tega Industries IPO Peer Comparison PE :
The Tega Industries, According to DRHP of the company only AIA Engineering Limited company is listed whose PE Multiple is shown in this table.
| Sr. No. | Company | PE Ratio |
| 1. | AIA Engineering Limited | 13.15 |
Tega Industries IPO Dates :
Tega Industries IPO Date is 01 December and the close date is 02 December 2021. The allotment will be finalized on 08 December 2021 and the IPO may list on 13 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 Company Financial Report (Cr) :
| Year | Revenue | Expense | PAT |
| 2021 | ₹8,566.84 | ₹6,755.00 | ₹1,364.05 |
| 2020 | ₹6,955.42 | ₹6,381.08 | ₹655.04 |
| 2019 | ₹6,430.13 | ₹5,983.67 | ₹326.70 |
About Tega Industries Company
We 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 calendar year 2020 (Source: F&S Report). Globally, we are the second largest producers of polymer-based mill liners, on the basis of revenues for 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.
| Read also: All Upcoming IPO Grey Market Premium 2021 |
Our engineering capability, which has evolved over decades, has enabled us to consistently offer our quality, complex manufactured products within stipulated timelines, allowing us to reduce downtime and maximize operational efficiency for our customers, and forge robust relationships with our customers leading to high recurring revenues. We commenced operations in 1978 in India, with a foreign collobaration with Skega AB, Sweden. Madan Mohan Mohanka acquired the entire equity stake of Skega AB in our Company in 2001.
Our individual Promoters are Madan Mohan Mohanka, Manju Mohanka, Manish Mohanka and Mehul Mohanka. Our MD and CEO, Mehul Mohanka, has been involved in the Company’s business for the last 18 years, and has led our business as our Managing Director and Group CEO for the last 5 years. In 2011, we received funding from Wagner Ltd., an entity affiliated with TA Associates, a global private equity firm.
Our 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 our revenue from operations, while our sale of services and other operating revenue constitutes 2.15% and 2.77%, respectively of our revenue from operations. Our mineral processing and material handling products offering covers a wide range of solutions in the mining equipment, aggregates equipment and the mineral consumables industry.
Tega Industries IPO GMP FAQs :
How much is Tega Industries IPO GMP Today?
Tega Industries IPO GMP Today is ₹290-₹300.
How much is Tega Industries IPO Grey Market Premium?
Tega Industries IPO is Grey Market Premium ₹290-₹300 .
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 ₹7500.
What are Tega Industries IPO Approx Returns?
Tega Industries IPO approx Returns is 70%-80%. And it can also change according to the Market Sentiment.
| Tega Industries IPO Details: Click Here Tega Industries IPO Subscription: Click Here Tega Industries IPO Allotment: Click Here Tega Industries IPO Listing: Click Here |
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