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Complete IPO details, including price band, financials, subscription status, and key insights.
Participate in the Tega Industries Ltd IPO with full transparency. Review issue details, company fundamentals, and financial performance, and apply securely through Alice Blue.
Key metrics and details at a glance.
Price Band
₹453
Per ShareLot Size
33 Shares
Minimum Investment
₹14,949
Issue Size
₹605.56 Cr
Face Value
₹10
Per ShareIPO Type
Book Building
Retail Quota
35%
QIB Quota
50%
NII Quota
15%
Important dates for your applying strategy.
Business model, operations, and market positioning.
Promoter Holding (Pre-Issue)
83.21%
Promoter Holding (Post-Issue)
77.19%
Issue Type
Book Building
ISIN
INE011K01018
Tega Industries Limited is a leading manufacturer and distributor of specialized `Critical to operate' and recurring consumable products for the global mineral beneficiation, mining and bulk solids handling industry, on the basis of sales as of June 30, 2021. Globally, The Company is the second largest producers of polymer-based mill liners, on the basis of revenues as of June 30, 2021. The Company offers comprehensive solutions to marquee global clients in the mineral beneficiation, mining and bulk solids handling industry, through its wide product portfolio.
In 2020, Asia-Pacific accounted for 71% of the global mining industry, followed by North America with 9%. Global commodity mineral production during 2020 was 10.2 billion tons. The GDP contribution of the mining and quarrying sector, both in terms of nominal and real GDP, has declined over the last decade. Global crushing, screening, and mineral processing equipment market size was estimated at $20 billion in 2020. Global growth is expected to accelerate to 5.6% in 2021 and be partially supported by the low GDP base effect from 2020.
Revenue, profit after tax and total assets across the last 3 reported financial years.
Amount in ₹ crore
How the company plans to utilize IPO proceeds.
The funds raised through this IPO will be used for:
Initial public offering of 13,669,478* equity shares of face value of Rs. 10 each (The "Equity Shares") of Tega Industries Limited (The "Company" or the "Issuer") for cash at a price of Rs. 453 per equity share (including a share premium of Rs. 443 per equity share) (The "Offer Price") aggregating to Rs. 619.23* crores (The "Offer") comprising an offer for sale of 3,314,657* equity shares aggregating to Rs. 150.15* crores by Madan Mohan Mohanka, 662,931* equity shares aggregating to Rs. 30.03 crores by Manish Mohanka (together with Madan Mohan Mohanka, The "Promoter Selling Shareholders") and 9,691,890* equity shares aggregating to Rs. 439.04* crores by Wagner Limited ("Investor Selling Shareholder") (and together with the promoter selling shareholders, the "Selling Shareholders" and such equity shares offered by the selling shareholders, the "Offered Shares"). The offer constitutes 20.62 % of the postoffer paid-up equity share capital. The face value of equity shares is Rs. 10 each. The offer price is 45.3 times the face value of the equity shares. *Subject to finalization of basis of allotment. Bids can be made for a minimum of 33 equity shares and in multiples of 33 equity shares thereafter.
*Subject to approvals and market conditions.
Key competitive advantages and factors to consider before investing.
Live demand across investor categories.
Track real-time subscription levels:
*Real-time data subject to exchange updates
Tega Industries Limited was incorporated as "Tega India Limited" under the Companies Act, 1956, as a public limited company, pursuant to a certificate of incorporation dated May 15, 1976, issued by the RoC. The Company received a certificate of commencement of business on May 28, 1976, from the RoC. Pursuant to a special resolution passed by its Shareholders on January 4, 2002, and with the approval of the Central Government on January 31, 2002, the name of the Company was changed to "Tega Industries Limited", and a fresh certificate of incorporation dated February 1, 2002, was issued by the RoC.
Wholesalers and Retailers
Amount in ₹ crore
Amount in ₹ crore
Figures in ₹ crore, on a consolidated basis, as reported for FY24 to FY26.