Tega Industries Ltd IPO GMP : Tega Industries Ltd IPO Quote, Date, Price

Tega Industries Ltd IPO GMP : Tega Industries Ltd IPO Quote, Date, Price

Initial public offering of up to 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. [*] per equity share (including a share premium of Rs. [*] per equity share) (The Offer Price) aggregating up to Rs. [*] crores (The Offer) comprising an offer for sale of up to 3,314,657 equity shares aggregating up to Rs. [*] crores by Madan Mohan Mohanka,

|amp|

662,931 equity shares aggregating up to Rs. [*] crores by Manish Mohanka (together with Madan Mohan Mohanka, the ‘Promoter Selling Shareholders) and up to 9,691,890 equity shares aggregating up to Rs. [*] 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 would constitute [*] % of the postoffer paid-up equity share capital.Price band Rs. 443 to Rs. 453 per equity share of the face value of Rs. 10/- each.The floor price is 44.30 times the face value of the equity shaes and the cap price is 45.30 times of the face value of the equity shares.Bids can be made for a minimum of 33 equity shares and in multiples of 33 equity shares thereafter.

Price Range: Rs. 443 – 453

Minimum Investment: Rs.14619

Minimum Quantity: 33

Dates

Offer End : 3 Dec 2021
Allotment Finalisation : 8 Dec 2021
Refund Initiation : 9 Dec 2021
Listing : 13 Dec 2021

Strengths

 

Long standing market player with marquee global customer base, strong manufacturing & sales capabilities

Consistent growth, characterized by operational efficiency and high repeat business

Experienced management team supported by large, diverse and skilled workforce

 

Risks

Aditya Birla Sun Life AMC Ltd IPO Allotment Date : Share, Stock Price, GMP, Review, Details

 

Effecting any change in the ownership or control of the company

Undertaking any guarantee obligation on behalf of any other person

Effecting any change in management structure or composition of the company

Address

147 Block G New Alipore Kolkata

West Bengal- 700053

Phone – 91-033-30019000

Fax –

Email – compliance.officer@tegaindustries.com

Website – www.tegaindustries.com

2 Trackbacks / Pingbacks

  1. Anand Rathi Wealth IPO GMP : Anand Rathi Wealth IPO Quote, Date, Price
  2. Shyam Metalics and Energy IPO : Shyam Metalics IPO GMP, Date, Price

Leave a Reply

Your email address will not be published.


*