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| IPO Listing At | BSE, NSE |
| IPO Issue Type | Book Build Issue |
| Issue Size | ₹619.23 Cr |
| Offer for Sale | ₹619.23 Cr |
| Face Value | ₹10 Per Equity Share |
| Price Band | ₹443.00-453.00 per share |
| Discount | Retail: 0.00 |
| BSE Code | 543413 |
| NSE Code | TEGA |
| Registrar | MUFG Intime India Pvt.Ltd. |
| Lead Managers | JM Financial Ltd. |
| Allotment Status |
| DRHP |
| RHP |
| Final Prospectus |
| Anchor List |
Disclaimer: GMP is sourced from grey market dealers and is indicative only. Always conduct your own due diligence.
* Allotment, Refund, Demat Credit & Listing dates are tentative and subject to change.
Minimum bid: 33 shares and in multiples thereof
Established in 1976, Tega Industries is a leading manufacturer and distributor of specialized, critical, and recurring consumable products for the global mineral beneficiation, mining, and bulk solids handling industry. Globally, Tega industries are the second largest producers of polymer-based mill liners, based on revenues for the year 2020.
The company offers a wide product portfolio of specialized abrasion and wear-resistant rubber, polyurethane, steel, and ceramic-based lining components used by their customers across different stages of mining and mineral processing, screening, grinding, and material handling. The company's product portfolio comprises more than 55 mineral processing and material handling products.
The company has 6 manufacturing sites, including 3 in India, at Dahej in Gujarat, and at Samali and Kalyani in West Bengal, and 3 sites in major mining hubs of Chile, South Africa, and Australia, with a total built-up area of 74255 Sq. mts. In the last three Fiscals, the company has a presence in 513, 498, and 479 installation sites in over 70 countries. Majority of the company's revenue (86.42% in 2021) comes from operations outside India. The company has 18 global and 14 domestic sales offices located close to its key customers and mining sites. Tega Industries are further expanding their operations in major markets including North America, South America, Australia, and South Africa.
Competitive strengths:
The Company proposes to utilise the Net Proceeds from the Issue towards the following objects:
| # | Issue Objects | Est Amt (₹ Cr.) |
|---|---|---|
| 1 | To achieve the benefits of listing the Equity Shares on the Stock Exchanges and for the Offer for Sale of 13,669,478*Equity Shares |
| Period Ended | 30 Jun 2021 | 31 Mar 2021 | 31 Mar 2020 | 31 Mar 2019 |
|---|---|---|---|---|
| Assets | 1,056.17 | 1,018.34 | 887.32 | 790.27 |
| Total Income | 179.39 | 856.68 | 695.54 | 643.01 |
| Profit After Tax | 11.88 | 136.41 | 65.50 | 32.67 |
| EBITDA | 29.68 | 238.64 | 117.23 | 106.00 |
| NET Worth | 631.15 | 613.72 | 462.49 | 401.11 |
| Reserves and Surplus | 564.86 | 547.43 | 396.20 | 334.81 |
| Total Borrowing | 184.24 | 187.80 | 243.93 | 212.69 |
| Amount in ₹ Crore | ||||
