Tega Industries IPO GMP

Tega Industries IPO GMP

  • IPO date: December 1-3
  • Price band: Rs 443-453
  • Subscription: 219 times
  • Grey market premium*: Rs 400 or 88 percent
  • Likely listing date: December 13

Tega Industries IPO Allotment

Company Details

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

It offers comprehensive solutions to marquee global clients in the mineral beneficiation, mining and bulk solids handling industry, through the wide product portfolio of specialized abrasion and wear-resistant rubber, polyurethane, steel and ceramic based lining components, used by its customers across different stages of mining and mineral processing, screening, grinding and material handling, including after-market spends on wear, spare parts, grinding media and power, which are regular operating expenses for its customers.

Tega Industries IPO GMP

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IPO Allotment Status