✓
Open
1 Dec 2021
✓
Close
3 Dec 2021
3
Allotment
—
✓
Listing
Mon, Dec 13, 2021
Price Band
₹443 to ₹453
Issue Size
1,36,69,478 shares (agg. up to ₹619 Cr)
Lot Size
33 Shares
Listing Date
Mon, Dec 13, 2021
Latest GMP
₹270
Est. Gain
59.6%
✦ AI Insight
GMP Trend
13-12-2021₹270Est. ₹723+59.6%
12-12-2021₹280Est. ₹733+61.81%
11-12-2021₹250Est. ₹703+55.19%
Live Subscription
| Category | Subscription (times) |
|---|---|
| Total | 151.60x |
Restated Financials (₹ Cr.)
| 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 |
Peer Comparison
| Company | Issue Type | Issue Size | Issue Price | PE Ratio | Listing Day Close | Listing Gain/Loss % | LTP |
|---|---|---|---|---|---|---|---|
| BEW Engineering Ltd. | SME | ₹3.97 Cr | ₹58 | null | ₹133.95 | +130.95% | ₹59.50 (-1.08%) |
Objects of the Issue
| # | 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 |
About Tega Industries IPO
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
Contact Details
Tega Industries Ltd. Address147, Block-G, New AliporeKolkata, West Bengal, 700053+91 33 3001 9000compliance.officer@tegaindustries.comVisit Website