Tega Industries Limited
ListedMainboardIndustrials · NSE / BSE
Established in 1976, Tega Industries is a leading global manufacturer and distributor of specialized consumable products used in mining, mineral processing, and bulk material handling, and is the second-largest producer of polymer-based mill liners worldwide by revenue in 2020. The company offers over 55 wear- and abrasion-resistant products made from rubber, polyurethane, steel, and ceramics, which are used across various stages of mining and mineral processing. Tega operates six manufacturing facilities located in India, Chile, South Africa, and Australia, and serves customers in more than 70 countries, with a majority of its revenue coming from international markets. The company also has a wide global sales network and continues to expand its presence in key mining regions across the world.
Price Band
₹443 – ₹453
Issue Size
₹619 Cr
Lot Size
33 shares
GMP
₹270
+59.6%
Est. Listing
₹723
at current GMP
Subscribed
—
Open
1 Dec 2021
Close
3 Dec 2021
Allotment
8 Dec 2021
Refund
9 Dec 2021
Demat Credit
10 Dec 2021
Listing
13 Dec 2021
Last updated 12 days ago
Overall Subscription
0.00x
Total Demand
QIB Multiplier
0.00x
Institutions & Funds
NII / HNI
0.00x
High Net-Worth
Retail (RII)
0.00x
Individual Bidders
Category-Wise Subscription Breakup
Live bidding breakdown by institutional, non-institutional, and retail investors
| Category | Shares Offered | Shares Applied / Bid | Times Subscribed |
|---|---|---|---|
| Qualified Institutional (QIB) | 6,834,768 | — | 0.00x |
| Non-Institutional (NII / HNI) | 2,050,430 | — | 0.00x |
| Retail Individual (RII) | 4,784,338 | — | 0.00x |
| Total | 13,669,536 | 0 | 0.00x |
Application-Wise Breakup
Total unique applications received across retail and HNI tranches
| Category | Applications Reserved | Applications Received | Times Subscribed |
|---|---|---|---|
| Retail (RII) | 144,980 | 144,980 | 1.00x |
| HNIs (10L +) | 927 | 927 | 1.00x |
| HNIs (2-10L) | 4,438 | 4,438 | 1.00x |
| Total Applications | 150,345 | 150,345 | 1.00x |
Day-Wise Subscription Progress
Track continuous institutional and retail bidding order books for all active issues on the ipo live subscription feed.
About Tega Industries Limited Public Issue & Market Profile
Tega Industries Limited is bringing an initial public offering (IPO) in the Industrials sector with an aggregate issue size of ₹619.23 Crores. The shares are offered at a price band of ₹443 to ₹453 per equity share on NSE and BSE. Currently, market analysts recommend evaluating the company's financial valuation, price-to-earnings (P/E) multiple, and peer comparison prior to submitting bids.
Bidding & Quota Instructions:
The public offer consists of a fresh issue and offer-for-sale structured under SEBI regulations. Bidding is open to Qualified Institutional Buyers (QIB), Non-Institutional Bidders (NII/HNI), and Retail Individual Investors (RII). Applications can be submitted online using ASBA or UPI mandate through certified stock brokers and net banking portals.
Allotment Reconciliation Schedule:
Following the close of bidding on 2021-12-03, the basis of allotment is scheduled to be finalized on 2021-12-08. Investors can verify their application status online by submitting their PAN card number, Application Number, or DP Client ID on the registrar's official portal (Link Intime India Private Limited) or the BSE allotment checking window.
Frequently Asked Questions
What is Tega Industries Limited IPO GMP today?
The latest Grey Market Premium (GMP) for Tega Industries Limited IPO is ₹270 per equity share. Based on the upper price band of ₹443 to ₹453 per equity share, the estimated listing price is ₹723 (+59.6% expected listing gain).
What is the expected profit per lot for Tega Industries Limited IPO?
With a lot size of 33 shares and current GMP of ₹270, the expected profit per application lot is approx ₹8,910 (+59.6% gain). Minimum application cost is approx ₹14,949.
What is the issue size and price band for Tega Industries Limited IPO?
The Tega Industries Limited IPO aggregate issue size is ₹619.23 Crores with an equity price band set at ₹443 to ₹453 per equity share. The retail lot size is 33 shares requiring a minimum capital outlay of approx. ₹14,949.
How can I check Tega Industries Limited IPO live subscription demand?
Live subscription figures are compiled real-time from the NSE and BSE bidding engines. Currently, overall subscription is 0.00x (Retail: 0.00x, QIB: 0.00x, NII: 0.00x). You can track live multiples directly on our dedicated subscription page.
Where and when will Tega Industries Limited IPO allotment status be published?
The basis of allotment will be published on the official registrar portal (Link Intime India Private Limited) and the BSE status verification website on or around 2021-12-08. Investors can verify status using PAN card or application number.
When is the listing date for Tega Industries Limited IPO?
Tega Industries Limited shares are scheduled to list on NSE and BSE on 2021-12-13.