Tega Industries Share Price Target 2022 , 2023 , 2024 , 2025 & 2030

Tega Industries Share Price Target Tega Industries’ IPO today is conducted under the GMP 378 methodology, which means “gray” market. Tega Industries expects an IPO of 831 (453 + 378), which is more than 80% above the price range of 443,453 shares per share.

Since Tega Industries GMP IPO today is Rs 378, it means gray market is waiting for Tega Industries IPO listing at around Rs 831 (Rs 453 + Rs 378), which is 80% of the price range of Rs 443 to Rs 453 More than. for action. Tega Industries’ GMP IPO rose from Rs 250 to Rs 372 on Monday and has managed to stay at that level today, which augurs well for public comment, he added.

Deha Industries has set a target price of Rs 443-453 per share for the IPO. The company has fixed a price range of Rs 443-453 per share for the initial sale of shares. Within the limit of the offer, interested investors can apply for at least 33 shares in multiples of the above.

Tega Industries Share Price Target

Recurring Revenue – Products manufactured by Tega cover the after-sales cost of the mining operation. The Tegas product range includes essential consumables for the mining and processing industries.

The company’s product portfolio includes over 55 products for mineral processing and materials management. The company, established in 1976, is a leading manufacturer and distributor of specialized, critical and recurring consumer products for the global mineral processing, mining and bulk materials handling industries.

The company has 18 global and 14 national sales offices located close to major customers and mining operations. Tega Industries continues to expand in key markets including North America, South America, Australia and South Africa. Tega operates in a complex sector characterized by a strong multinational presence.

Given the variety of products and services on offer, the company has limited competition around the world. The company plans to expand into key markets including North America, South America, Australia and South Africa. Majority of the company’s revenue (86.42% in 2021) comes from operations outside India.

The flagship company Reliance Industries Limited is the Fortune Global 500 and is the largest private sector company in India. The founders of the company are Madan Mohan Mohanka, Manju Mohanka, Manish Mohanka, Mehul Mohanka and Nihal Fiscal Services Pvt Ltd. Currently, the group of founders and promoters hold 85.17% of the company’s capital, while Wagner owns 14.54% of the shares.

Tega Industries Share Price Targets 2022, 2023, 2024, 2025 and 2030

The price range has been set at Rs 443-453 per share and the top of the IPO price range is expected to reach Rs 619.22 crore. The IPO is expected to fetch Rs 610.22 crore in the higher price range.

The issue is an outright offer for sale (OFS) of 1,36,69,478 shares by the founders and current shareholder. Under the SFO, promoters Madan Mohan Mohanka and Manish Mohanka will sell 33.14 million shares and 6.63 million shares respectively.

The IPO is purely an offer to sell 1,36,69,478 shares offered by the founders and current shareholders. Fund allocation is planned for December 8, 2021, and the IPO is expected to be listed on December 13, 2021.

An IPO is an offer (OFS) to sell 1,36,69,478 shares to shareholders and advertisers. The Company shall not receive any proceeds from the Offer, and all such proceeds shall be allocated to the selling shareholders.

Receive your end of day transaction information directly from the Exchange on your mobile phone/email… Issued for the benefit of investors.

Please fill in your bank account number and sign the IPO application form to authorize your bank to pay the quota. However, these funds will be released only if you have not received the work or the UPI authorization has expired. The reason for non-receipt of funds is that the bank will not release the IPO subscription fund immediately after submitting the offer.

We cannot guarantee the reward for any IPO, no matter what public issue you wish to apply for. It must be remembered here that the Angel One platform only allows you to apply for an IPO and does not make any guarantees about the destination.

No, it is not possible to submit more than one Public Release Proposal through one PAN. However, they can avail the Amount Locked Backed Application (ASBA) process offered by their respective banks to request any public release.

In addition, you will receive a new UPI credential request for this offer as before. But, if you have approved it, after a while it will show its actual position in the order book of this IPO. However, if you are applying for an IPO through the ASBA process, you can use this account.

Private investors can apply to buy up to 13 lots with 429 shares of Rs 194,337. Retail investors can place bets on one lot of 33 shares and up to 13 lots in their multiples. The minimum bid is 1 lot, 33 shares of Rs 14,949 and the maximum offer is 13 lots, 429 shares of Rs 194,337.

Tega Industries Ltd. Will begin its three-day initial public offering on Wednesday, joining more than 90 publicly traded companies this year amid record gains in the stock market. Tega Industries and Rakesh Jhunjhunwala Star Health and Allied Insurance Company, backed by Rakesh Jhunjhunwala, will reopen from November 30 to December 3.

So far in 2021, 51 companies have conducted initial public offerings to raise over Rs 10 lakh, according to PTI. This comes after the successful closure of over 10 companies this month. In 2011, we received funding from Wagner Ltd., a subsidiary of TA Associates, a global private equity firm.

We attract customers from around the world in the mineral processing, mining and bulk material handling industries with our wide product range of wear-resistant rubber, polyurethane, steel and ceramic special coatings as well as resistant coating components used by our clients. To provide complete solution. ,

at different stages of production. Mining and processing of minerals, sorting, grinding and transporting materials, including after-sales wear costs, spare parts, grinding media and energy, which are normal operating costs for our customers.

Our range of mineral processing and material handling solutions includes a wide range of mining equipment, aggregate equipment and solutions in the minerals industry.

The supply and price of raw materials can be unstable due to a number of factors beyond the company’s control, including the ability of suppliers to produce these raw materials.

Be fully aware of the risks and costs associated with trading the financial markets, one of the riskiest forms of investment. Investors are advised to invest after doing a proper analysis of their companies and not blindly follow rumours, suggestions etc. on BSE and NSE website.

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