Tega Industries Limited is the leading manufacturer and distributor of mineral processing and material handling products which have a wide range of applications in the global mineral beneficiation, mining, and bulk solids handling industry. Globally, the company is the second-largest producer of polymer-based mill liners, on the basis of revenues as of June 30, 2021.
The company’s product portfolio comprises more than 55 mineral processing and material handling products. And has manufacturing sites in India, and global mining hubs of Chile, South Africa, and Australia with 479 installation sites in over 70 countries.
The entire public offer of Tega Industries is an offer for sale of 1.36 crore equity shares from existing shareholders.
Financial Snapshot:
| Financial Year Ended | Revenue (₹ Crores) | PAT (₹ Crores) | EPS (₹) |
|---|---|---|---|
| March 2019 | 643.01 | 32.67 | 4.9 |
| March 2020 | 695.54 | 65.50 | 9.84 |
| March 2021 | 856.68 | 136.41 | 20.48 |
| Three months ended June 2021 | 179.39 | 11.882 | 1.78 |
For more information, you can check out the IPO Prospectus filed by the company.
IPO Details:
| Issue Period | 1st December to 3rd December 2021 |
| Price Range | ₹ 443 to 453 per share |
| Minimum Bid Quantity | 33 and in multiples thereof |
| Finalization of Allotment | 8th December 2021 |
| Initiation of Refunds | 9th December 2021 |
| Credit of Shares | 10th December 2021 |
| Listing Date | 13th December 2021 |
| Mandate end date | 21st December 2021 |
How do I apply to the Tega Industries Limited IPO?
You can apply for the Tega Industries Limited IPO using any supported UPI app by following two steps:
- Enter your bid on Console
- Accept UPI mandate on your phone
On acceptance of the mandate, the bid amount will get blocked in your bank account. Click here to learn more.
How do I check the allotment status for Tega Industries Limited IPO?
You can check the allotment status for the Tega Industries Limited IPO on the website of the Registrar and Transfer agent. Alternatively, you can also check the allotment status on the NSE website. The tentative date of allotment is 8th December 2021.