Tega Industries IPO: Tega Industries Initial Public Offering (IPO) Tomorrow (December 1): Key things to know
Tega Industries has fixed the price range at Rs 443 Rs-453 per share for the IPO.
Tega Industries’ Rs 619.23 Initial Public Offering (IPO) will open registration tomorrow – December 1, 2021. The Kolkata-based company is a leading manufacturer and distributor Specialized, critical and recurring consumer products for beneficiaries from the global mineral, mining, and bulk solids handling industries.
IPO date:
Offer opens for registration on December 1, 2021, and ends on December 3 – remains open for registration for a three-day period.
Ice:
Tega Industries has fixed the price range at Rs 443-453 per share for the IPO.
Details of IPO offering:
Tega Industries Company plans to raise Rs 619.22 crore at the above price. An IPO is purely an offering (OFS) of 1,36,69,478 shares by sale to shareholders and promoters. The Company will not receive any money from the offer.
IPO lot size:
Investors can bid on a minimum of 33 shares and multiples of 33 shares thereafter. Retail individual investors can invest a minimum of Rs 14,949 per lot and the maximum investment will be Rs 1,94,337 for 13 lots.
IPO Objectives:
The goal of an IPO is to achieve the benefits of listing shares on a stock exchange.
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Tega Industries was founded in 1976 and offers a diverse product portfolio that includes rubber, polyurethane, steel components and specialized wear-resistant ceramic and rubber linings used by customers in various industries. different stages of mining, mineral processing and material handling.
The company’s product portfolio includes more than 55 mineral processing and material handling products. It is one of the largest polymer mill liners manufacturers in the world.
