Tega Industries Limited
IPO Details
Subscription
Lot Distribution
Reservation
Company Fin.
₹270(59.60%)
Premium (ELP)
The Initial Public Offering of Tega Industries Limited's culminated in its successful listing on Dec 13, 2021 at the NSE, BSE trading platform. The company secured 1,36,69,478 Shares through this capital market exercise, withTBD allocated to new capital formation and ₹619.23 Cr to existing shareholder liquidity.
Investors participated within the price parameters of ₹443 to ₹453, with minimum investment requirements of 33 shares. The subscription period from Dec 01, 2021 to Dec 03, 2021 witnessed active investor engagement across categories.
Following the subscription closure, share allotment was processed on Dec 08, 2021. The subsequent listing established a public market for the company's shares, enabling price discovery and secondary market trading for investors.
Investors can bid starting from the minimum lot size specified for this IPO, and only in multiples of that lot size. The table below shows the minimum and maximum investment for retail investors and HNIs in terms of lots, quantity, and amount.
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.
Note : "Calculations for ‘Shares Offered’ and ‘Total Amount’ are based on the highest price in the issue price band."
- 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.
NA
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