Presenting Partner

Life Insurance Corporation of India

Moneycontrol

Budget 2022

Associate Partners:

  • Kotak Mutual Fund
  • Pharmeasy
  • Indiabulls
  • SBI

Presenting Partner

Life Insurance Corporation of India

Moneycontrol

Budget 2022

Technology Partner

Dell Technologies

Associate Partners

Kotak Mutual Fund
Pharmeasy
Indiabulls
SBI
UPCOMING EVENT:Are you 45+? Planning for retirement? We have just the right webinar for you - Planning for Retirement with Life Insurance on 27-Jan, 3pm. Register now!

Subscribe to Tega Industries: Ajcon Global

Ajcon Global has come out with its report on Tega Industriesy. The research firm has recommended to ''Subscribe'' the ipo in its research report as on December 01, 2021.

December 01, 2021 / 04:32 PM IST
 
 
live
  • bselive
  • nselive
Volume
Todays L/H
More

Ajcon Global IPO report on Tega Industries


Tega Industries Limited (“Tega”) was incorporated on May 15, 1976. Tega commenced their operations in 1978 in India, with a foreign collaboration with Skega AB, Sweden. In 2011, the Company received funding from Wagner Ltd., an entity affiliated with TA Associates, a global private equity firm. The company 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 2nd largest producers of polymer‐based mill liners, on the basis of revenues as of June 30, 2021. Tega’s product portfolio comprises more than 55 mineral processing and material handling products which covers a wide range of solutions in the mining equipment, aggregates equipment and the mineral consumables industry. Tega offers comprehensive solutions to marquee global clients in the mineral beneficiation, mining and bulk solids handling industry, through their wide product portfolio of specialized abrasion and wear‐resistant rubber, polyurethane, steel and ceramic based lining components, used by their 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 their customers.



Valuation and Outlook


The company was incorporated as “Tega India Limited” on May 15, 1976. The Promoters of the company are, Madan Mohan Mohanka, Manju Mohanka, Manish Mohanka, Mehul Mohanka and NFSPL. Currently, the promoters in aggregate hold 55,161,483 Equity Shares, constituting 83.21% of the pre‐Offer issued, subscribed and paid‐up Equity Share capital of the company.


For all IPO stories, click here

Close

Disclaimer: The views and investment tips expressed by investment experts/broking houses/rating agencies on moneycontrol.com are their own, and not that of the website or its management. Moneycontrol.com advises users to check with certified experts before taking any investment decisions.

Broker Research
Sections
ISO 27001 - BSI Assurance Mark