Tega Industries IPO will open on 01 December 2021 and shut on 03 December 2021. The corporate desires to lift ₹760 crore by means of this IPO. The IPO could have a contemporary situation of ₹175 crore and a proposal on the market of ₹585 crore. The corporate Not mounted the value band of this IPO at ₹to ₹ Per Share.
Tega Industries Restricted is without doubt one of the main producer of specialised ‘vital to function’ and recurring consumable merchandise for the worldwide mineral beneficiation, mining and bulk solids dealing with business. Headquartered in Kolkata, India, Tega gives a spread of specialised abrasion and wear-resistant rubber, polyurethane, metal and ceramic primarily based lining elements required for mining and mineral processing, screening, grinding and materials dealing with.
Tega is the second largest producer of polymer-based mill liners, that are vital elements in driving effectivity and decreasing price per tonne of operation. It has manufacturing amenities in India, South Africa, Australia and Chile, and exports its merchandise and options to over 70 nations. It’s a true Indian multinational with gross sales & distribution community and over 1700+ workforce throughout the globe.
Tega Industries IPO Overview :
■ Coming Quickly
Tega Industries IPO Date & Worth Band & Particulars :
|IPO Open :||01 December 2021|
|IPO Shut :||03 December 2021|
|IPO Dimension :||₹760. Cr|
|Face Worth :||₹10 Rs. Fairness Share|
|Worth Band :||₹ – ₹ Per Share|
|Itemizing On :||BSE, NSE|
|Subject Dimension :||₹760. Cr|
|Recent Subject :||₹175. Cr|
|Provide For Sale :||₹585. Cr|
Tega Industries IPO GMP :
|Verify Out Now :||Tega Industries IPO GMP|
Tega Industries IPO Market Lot :
Tega Industries IPO Minimal Market lot is – Lot with – shares with ₹- Utility quantity. The retail traders can apply as much as – tons with – Shares or ₹- quantities.
|Minimal Lot Dimension :||– Lot|
|Minimal Share :||– Shares|
|Minimal Quantity :||₹|
|Most Lot Dimension :||– Lot|
|Most shares :||– Shares|
|Most Quantity :||₹-|
Tega Industries IPO Shares Provide :
A Whole of – shares are to be bid for the general public situation by Tega Industries IPO with – for Recent situation and 13,669,478 for supply on the market Shares.
|Recent situation :||–||₹|
|Provide For Sale :||13,669,478||₹|
Tega Industries IPO Reservation :
Tega Industries IPO Whole Reservation of – shares are to be bid for the general public situation by Tega Industries IPO with – for QIB and – for NII – For RII & – Shares EMP.
|EMP :||– %||–||₹|
Tega Industries IPO EPS :
The Tega Industries firm’s EPS progress is Growing yearly, which is proven to you within the desk right here.
|Yr||EPS Development in (Rs.)|
Tega Industries IPO Peer Comparability PE :
The Tega Industries, In line with DRHP of the corporate solely AIA Engineering Restricted firm is listed whose PE A number of is proven on this desk.
|Sr. No.||Firm||PE Ratio|
|1.||AIA Engineering Restricted||13.15|
Tega Industries IPO Dates :
Tega Industries IPO Date is 01 December and the shut date is 02 December 2021. The allotment will probably be finalized on Not Declare and the IPO might listing on Not Declare.
|Open Date :||01 December 2021|
|Shut Date :||03 December 2021|
|Allotment Date :||Replace Quickly|
|Refund Date :||Replace Quickly|
|Share Credit score Date :||Replace Quickly|
|Itemizing Date :||Replace Quickly|
Tega Industries IPO Type :
There are two methods to use in Tega Industries IPO. You’ll be able to apply for Tega Industries IPO by means of ASBA out there in your checking account. You need to go to your on-line financial institution login and choose Tega Industries IPO within the Make investments part and apply by means of your checking account. An alternative choice is you’ll be able to apply for Tega Industries IPO by means of IPO kind obtain by means of NSE and BSE. See the Tega Industries IPO Type – Obtain the NSE Type and BSE Type IPO Type, fill it, and submit it to your financial institution or your dealer.
Tega Industries Firm Monetary Report (Cr) :
About Tega Industries Firm
We’re a number one producer and distributor of specialised ‘vital to function’ and recurring consumable merchandise for the worldwide mineral beneficiation, mining and bulk solids dealing with business, on the premise of gross sales for calendar 12 months 2020 (Supply: F&S Report). Globally, we’re the second largest producers of polymer-based mill liners, on the premise of revenues for calendar 12 months 2020 (Supply: F&S Report).
We provide complete options to marquee world purchasers within the mineral beneficiation, mining and bulk solids dealing with business, by means of our vast product portfolio of specialised abrasion and wear-resistant rubber, polyurethane, metal and ceramic primarily based lining elements, utilized by our clients throughout completely different phases of mining and mineral processing, screening, grinding and materials dealing with, together with after-market spends on put on, spare components, grinding media and energy, that are common working bills for our clients.
Our engineering functionality, which has advanced over a long time, has enabled us to constantly supply our high quality, complicated manufactured merchandise inside stipulated timelines, permitting us to cut back downtime and maximize operational effectivity for our clients, and forge strong relationships with our clients resulting in excessive recurring revenues. We commenced operations in 1978 in India, with a overseas collobaration with Skega AB, Sweden. Madan Mohan Mohanka acquired your entire fairness stake of Skega AB in our Firm in 2001.
Our particular person Promoters are Madan Mohan Mohanka, Manju Mohanka, Manish Mohanka and Mehul Mohanka. Our MD and CEO, Mehul Mohanka, has been concerned within the Firm’s enterprise for the final 18 years, and has led our enterprise as our Managing Director and Group CEO for the final 5 years. In 2011, we acquired funding from Wagner Ltd., an entity affiliated with TA Associates, a worldwide non-public fairness agency.
Our product portfolio contains greater than 55 mineral processing and materials dealing with merchandise. As a median of the final three Fiscals i.e., 2021, 2020 and 2019, sale of merchandise constitutes 95.08% of our income from operations, whereas our sale of providers and different working income constitutes 2.15% and a couple of.77%, respectively of our income from operations. Our mineral processing and materials dealing with merchandise providing covers a variety of options within the mining tools, aggregates tools and the mineral consumables business.
Our whole earnings was ₹ 8,566.84 million, ₹6,955.42 million and ₹6,430.13 million in Fiscals 2021, 2020 and 2019, respectively. Our restated whole revenue for the 12 months was ₹1,364.05 million, ₹655.04 million and ₹326.70 million for fiscals 2021, 2020 and 2019 respectively. Our web money generated from working actions was ₹ 1,702.46 million, ₹ 1,283.75 million and ₹686.69 million in Fiscals 2021, 2020 and 2019 respectively. Our EBITDA was ₹ 2,386.42 million, ₹1,172.28 million and ₹1,060.03 million for the Fiscals 2021, 2020 and 2019, having elevated at a CAGR of fifty.04 %, from Fiscal 2019 to Fiscal 2021.
Our EBITDA Margin was 27.86 %, 16.85% and 16.49%, respectively, in the identical durations, having elevated at a CAGR of 29.99 %, from Fiscal 2019 to Fiscal 2021. For Fiscals 2021, 2020 and 2019, our Return on Capital Employed (“ROCE”) was 24.76%, 11.17% and 11.12 %. Our web price was ₹6,137.22 million, ₹ 4,624.89 million and ₹ 4,011.05 million as on March 31, 2021, 2020 and 2019, respectively, whereas our Return on Fairness (“ROE”) was 22.23 %, 14.16 % and eight.14 % for fiscals 2021, 2020 and 2019 respectively.
Our Firm Strenghts
A number one producer of specialised and “vital to function” merchandise, with excessive limitations to substitute or substitution.
Insulated from mining capex cycles, as our merchandise cater to after-market spends, offering recurring revenues
Excessive worth add and expertise intensive merchandise, backed by sturdy R&D and concentrate on high quality management
Lengthy standing market participant with marquee world buyer base and robust world manufacturing and gross sales capabilities.
Constant progress, characterised by operational effectivity and excessive repeat enterprise.
Skilled administration workforce supported by massive, various and expert work pressure
Firm Promoters :
■ Madan Mohan Mohanka
Fast Hyperlink :
■ DRHP Draft Prospectus
■ RHP Draft Prospectus
Tega Industries IPO Lead Managers :
■ Axis Capital Restricted
■ JM Monetary Restricted
Tega Industries IPO Registrar :
Hyperlink Intime India Personal Restricted
C-101, 1st Ground, 247 Park
L.B.S. Marg, Vikhroli West,
Mumbai 400 083
Tel: +91 22 4918 6200
E-mail: [email protected]
Investor Grievance E-mail: [email protected]
Web site: www.linkintime.co.in
Notice: Verify Tega Industries IPO allotment standing Go to IPOBAZAR Allotment Web page And Search Your Registrar IPO Allotment Hyperlink. Click on Right here
Firm Deal with :
Tega Industries Personal Restricted
147, Block-G, New Alipore,
Kolkata 700 053, West Bengal, India
Tel: +91 33 3001 9000
E-mail: [email protected]
Web site: www.tegaindustries.com
Tega Industries IPO FAQs :
What’s Tega Industries IPO?
Tega Industries IPO is Mainboard IPO. They will elevate ₹760. Crores by way of IPO. The difficulty is priced at ₹-₹ per fairness share. The IPO is to be listed on NSE, BSE.
When Tega Industries IPO will open?
The IPO is to open on 01 Dec 2021 – 02 Dec 2021 for QIB, NII & RII.
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