Tega Industries IPO [Tega Industries Limited IPO] Details

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Tega Industries Limited IPO opens on 01-Dec-2021 and it will close on 03-Dec-2021 as per the Red Herring Prospectus (RHP).

About the Tega Industries Limited

The Company was incorporated as “Tega India Limited” under the Companies Act, 1956, as a public limited company at Kolkata, West Bengal, pursuant to a certificate of incorporation dated May 15, 1976, issued by the Registrar of Companies, West Bengal at Kolkata (“Registrar of Companies”). The Company received a certificate of commencement of business on May 28, 1976 from the Registrar of Companies.


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 (Source: F&S Report).

The second-largest producers of polymer-based mill liners, on the basis of revenues as of June 30, 2021 (Source: F&S Report).

The product portfolio comprises more than 55 mineral processing and material handling products.

Competitive Strengths

  • A leading producer of specialized and “critical to operate” products, with high barriers to replacement or substitution.
  • Insulated from mining capex cycles, as our products cater to after-market spends, providing recurring revenues.
  • High value add and technology intensive products, backed by strong R&D and focus on quality control.
  • Long-standing market player with marquee global customer base and strong global manufacturing and sales capabilities.
  • Consistent growth, characterized by operational efficiency and high repeat business.
Registered and Corporate Office

Registered Office: 147, Block-G, New Alipore, Kolkata 700 053, West Bengal, India

Corporate Office: Office Space No. 807, 8th Floor, Godrej Waterside-Tower II, DP-5, Bidhannagar, Salt Lake, Sector V, Kolkata 700 091, West Bengal, India

Website and Contact Person

Website: www.tegaindustries.com

Contact Person: Sudipta Bhowal, Company Secretary and Compliance Officer; Tel: +91 33 3001 9000

E-mail: compliance.officer@tegaindustries.com;

Corporate Identity Number

Corporate Identity Number: U25199WB1976PLC030532


Tega Industries Limited IPO – Promoters

MADAN MOHAN MOHANKA, MANJU MOHANKA, MANISH MOHANKA, MEHUL MOHANKA AND NIHAL FISCAL SERVICES PRIVATE LIMITED


COMPANY FINANCIALS

Summary of Restated Consolidated Financial Information

For the year/period ended ( ₹ in millions)

Particulars
 31-Mar-2131-Mar-2031-Mar-19
Total Revenue8,566.846,955.426,430.13
Profit After Tax1,364.05655.04326.70
Total Assets10,183.398,873.157,902.68

Total Revenue : 1,793.86 30-Jun-21

Profit After Tax (PAT):118.82 30-Jun-21

Total Assets: 10,561.72 30-Jun-21


IPO Date and Price Band

Issue Open Date01 December 2021
Issue Close Date03 December 2021
Issue TypeBook Built Issue
Face Value₹ 10 per equity share
IPO/Issue Price₹ [.] to ₹ [.] per equity share
Market Lot_ _ Shares
Min Order Quantity_ _ Shares
Listing AtBSE, NSE
Issue Size

IPO/ Issue Time Line [Tentative]

01 December 2021

Issue Open Date

Issue Close Date

03 December 2021
08 December 2021

Basis of Allotment Date

Initiation of Refunds

09 December 2021
10 December 2021

Credit of Shares to Demat Account

IPO Listing Date

13 December 2021

Tega Industries IPO Prospectus (RHP)


Tega Industries IPO Lead Managers

1. Axis Capital Limited

2. JM Financial Limited

Tega Industries IPO Registrar

Link Intime India Private Limited
C-101, 1st Floor, 247 Park
L.B.S. Marg, Vikhroli West,
Mumbai 400 083
Maharashtra, India
Tel: +91 22 4918 6200
E-mail: tega.ipo@linkintime.co.in
Website: www.linkintime.co.in
Investor grievance E-mail: tega.ipo@linkintime.co.in
Contact Person: Shanti Gopalkrishnan
SEBI Registration No: INR000004058

Tega Industries IPO FAQs

Q What is Tega Industries IPO?


Ans. Tega Industries is a main-board IPO. The issue is priced at ₹ [.] to ₹ [.] per equity share.

OPEN: 01 December 2021 CLOSE: 03 December 2021


Q How to apply for Tega Industries IPO through Upstox?

Ans. Login to Upstox with the credentials. Select the IPO – Tega Industries. Confirm your application. Block funds on your mobile UPI app. Open Demat Account Now With Upstox


Q When the Tega Industries IPO will Open?

Ans. The Tega Industries IPO Opens on 01 December 2021.


Q When the Tega Industries IPO will Close?


Ans. The Tega Industries IPO will close on 03 December 2021


Q What is Tega Industries IPO Price Band?


Ans. The Tega Industries IPO Price Band is ₹ [.] to ₹ [.] per equity share.


Q What is the Tega Industries IPO Allotment Date?

Ans. The Tega Industries IPO allotment date is 08 December 2021.


Q What is the Tega Industries IPO Listing Date?


Ans. The Tega Industries IPO Listing Date is 13December 2021.


Q What is the minimum lot size of Tega Industries IPO?

Ans. The minimum bid is _ _ Shares.


Q Who is the Registrar of Tega Industries IPO?

Ans. Link Intime India Private Limited


Q Who are the Promoters of Tega Industries IPO?


Ans. MADAN MOHAN MOHANKA, MANJU MOHANKA, MANISH MOHANKA, MEHUL MOHANKA AND NIHAL FISCAL SERVICES PRIVATE LIMITED

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