{"id":8072,"date":"2021-11-26T12:02:31","date_gmt":"2021-11-26T06:32:31","guid":{"rendered":"https:\/\/flattrade.in\/kosh\/?p=8072"},"modified":"2021-12-03T15:47:29","modified_gmt":"2021-12-03T10:17:29","slug":"tega-industries-ipo","status":"publish","type":"post","link":"https:\/\/flattrade.in\/kosh\/tega-industries-ipo\/","title":{"rendered":"Tega Industries IPO"},"content":{"rendered":"\t\t<div data-elementor-type=\"wp-post\" data-elementor-id=\"8072\" class=\"elementor elementor-8072\">\n\t\t\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-62937acd elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"62937acd\" data-element_type=\"section\" data-e-type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-36de4e20\" data-id=\"36de4e20\" data-element_type=\"column\" data-e-type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-1009b60f elementor-widget elementor-widget-text-editor\" data-id=\"1009b60f\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<p>Tega Industries plans to raise Rs 619.23 crore through an initial public offering. The subscription for the IPO will be open for three days starting from December 1, 2021. The price band is fixed between Rs 443 and Rs 453 per equity share. The face value is Rs 10 per equity share.<\/p>\n<p>The offer comprises of Offer For Sale and the net proceeds will be credited to the selling shareholders. The IPO listing is likely to be on December 13, 2021. Meanwhile, the allotment date is expected to be on December 8, 2021 and Link Intime is the registrar for the IPO where the allotment can be checked.&nbsp;<\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-19398580 elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"19398580\" data-element_type=\"section\" data-e-type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-3104a448\" data-id=\"3104a448\" data-element_type=\"column\" data-e-type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-4848e901 elementor-widget elementor-widget-heading\" data-id=\"4848e901\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<h2 class=\"elementor-heading-title elementor-size-default\"><br>Company Summary <\/h2>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-2706adbf elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"2706adbf\" data-element_type=\"section\" data-e-type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-6ab1f0d4\" data-id=\"6ab1f0d4\" data-element_type=\"column\" data-e-type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-2a4a1577 elementor-widget elementor-widget-text-editor\" data-id=\"2a4a1577\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<p>Tega Industries is a leading manufacturer and distributor of specialized \u2018critical to operate\u2019 and recurring consumable products for the global mineral beneficiation, mining and bulk solids handling industry.<\/p><p>The company has six manufacturing facilities which includes three in India \u2013 Dahej in Gujarat and Samali and Kalyani in West Bengal. The other three sites are located in major mining hubs such as Chile, South Africa and Australia, with a total built-up area of 74,255 sq. mts. Their facilities in Chile give the company access to the South American markets including Chile, Peru and Bolivia<\/p><p>The company is the second largest producers of polymer-based mill liners based on revenues as of June 30, 2021, according to Frost &amp; Sullivan report.<\/p><p>The company\u2019s product portfolio comprises more than 55 mineral processing and material handling products. Their wide product portfolio includes specialized abrasion and wear-resistant rubber, polyurethane, steel and ceramic based lining components, used by our 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 our customers.<\/p><p>For the company, sale of its products constituted 95.08% of its average revenue from operations in the last three fiscal year.<\/p><p>Operating revenue from international markets constituted 86.42%, 85.92% and 85.83% of their total revenue from operations in fiscal years 2021, 2020 and 2019, respectively.<\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-2ba9a835 elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"2ba9a835\" data-element_type=\"section\" data-e-type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-4d97891f\" data-id=\"4d97891f\" data-element_type=\"column\" data-e-type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-47c89f20 elementor-widget elementor-widget-heading\" data-id=\"47c89f20\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<h2 class=\"elementor-heading-title elementor-size-default\"><br>Company Strengths<\/h2>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-5f9be775 elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"5f9be775\" data-element_type=\"section\" data-e-type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-d4cf722\" data-id=\"d4cf722\" data-element_type=\"column\" data-e-type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-5fe7f0fa elementor-widget elementor-widget-text-editor\" data-id=\"5fe7f0fa\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<ul>\n<li>A leading producer of specialized and \u201ccritical to operate\u201d products, with high barriers to replacement or substitution.<\/li>\n<li>The company is not affected by the international or domestic mining capital expenditure cycles, as its products cater to after-market spends, providing recurring revenues.<\/li>\n<li>High value addidtion and technology intensive products, backed by strong R&amp;D with a focus on quality control.<\/li>\n<li>Well established player with marquee customer base across the world, strong global manufacturing and sales capabilities.<\/li>\n<li>Consistent growth, helped by operational efficiency and repeat business.<\/li>\n<li>Experienced management team supported by large skilled work force.<\/li>\n<\/ul>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-2d2c4e87 elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"2d2c4e87\" data-element_type=\"section\" data-e-type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-30b1a92a\" data-id=\"30b1a92a\" data-element_type=\"column\" data-e-type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-3a8ab754 elementor-widget elementor-widget-heading\" data-id=\"3a8ab754\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<h2 class=\"elementor-heading-title elementor-size-default\"><br>Company Financials <\/h2>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-67f8afe4 elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"67f8afe4\" data-element_type=\"section\" data-e-type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-63b4e21c\" data-id=\"63b4e21c\" data-element_type=\"column\" data-e-type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-79c2acfe elementor-widget__width-initial elementor-widget elementor-widget-text-editor\" data-id=\"79c2acfe\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<table><tbody><tr><td colspan=\"5\" width=\"401\"><p><strong>\u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0For the year\/period ended (Rs \u00a0in crore)<\/strong><\/p><\/td><\/tr><tr><td width=\"101\"><p><strong>Particulars<\/strong><\/p><\/td><td width=\"69\"><p><strong>Apr-Jun 2021<\/strong><\/p><\/td><td width=\"70\"><p><strong>FY2021<\/strong><\/p><\/td><td width=\"74\"><p><strong>FY2020<\/strong><\/p><\/td><td width=\"86\"><p><strong>FY2019<\/strong><\/p><\/td><\/tr><tr><td width=\"101\"><p><strong>Total Assets<\/strong><\/p><\/td><td width=\"69\"><p>1056.17<\/p><\/td><td width=\"70\"><p>1018.34<\/p><\/td><td width=\"74\"><p>887.32<\/p><\/td><td width=\"86\"><p>790.27<\/p><\/td><\/tr><tr><td width=\"101\"><p><strong>Total Revenue<\/strong><\/p><\/td><td width=\"69\"><p>179.39<\/p><\/td><td width=\"70\"><p>856.68<\/p><\/td><td width=\"74\"><p>695.54<\/p><\/td><td width=\"86\"><p>643.01<\/p><\/td><\/tr><tr><td width=\"101\"><p><strong>Profit After Tax<\/strong><\/p><\/td><td width=\"69\"><p>11.88<\/p><\/td><td width=\"70\"><p>136.41<\/p><\/td><td width=\"74\"><p>65.54<\/p><\/td><td width=\"86\"><p>32.67<\/p><\/td><\/tr><\/tbody><\/table>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-528ff6da elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"528ff6da\" data-element_type=\"section\" data-e-type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-7942acb7\" data-id=\"7942acb7\" data-element_type=\"column\" data-e-type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-ccf0082 elementor-widget elementor-widget-heading\" data-id=\"ccf0082\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<h2 class=\"elementor-heading-title elementor-size-default\">Company Promoters <\/h2>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-3bba225e elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"3bba225e\" data-element_type=\"section\" data-e-type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-eb6c97b\" data-id=\"eb6c97b\" data-element_type=\"column\" data-e-type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-6271db0c elementor-widget elementor-widget-text-editor\" data-id=\"6271db0c\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<p>Madan Mohan Mohanka, Manju Mohanka, Manish Mohanka, Mehul Mohanka and Nihal Fiscal Services Private Limited are the promoters of the company.<\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-7a461d6e elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"7a461d6e\" data-element_type=\"section\" data-e-type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-78acb88d\" data-id=\"78acb88d\" data-element_type=\"column\" data-e-type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-4412a523 elementor-widget elementor-widget-heading\" data-id=\"4412a523\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<h2 class=\"elementor-heading-title elementor-size-default\"><br>Purpose of the IPO<\/h2>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-64b49b71 elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"64b49b71\" data-element_type=\"section\" data-e-type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-55b7e679\" data-id=\"55b7e679\" data-element_type=\"column\" data-e-type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-6cb2cbbf elementor-widget elementor-widget-text-editor\" data-id=\"6cb2cbbf\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<ul><li>Tega expects that the IPO listing will enhance their visibility as well as brand identity and provide liquidity to its existing shareholders.<\/li><li>The IPO listing will also provide a public market for its equity shares in India.<\/li><li>Tega will not receive any proceeds from the Offer For Sale. All proceeds from the issue will go to the selling shareholders.<\/li><\/ul>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-35dc441f elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"35dc441f\" data-element_type=\"section\" data-e-type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-79a8dc11\" data-id=\"79a8dc11\" data-element_type=\"column\" data-e-type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-4b6843e0 elementor-widget elementor-widget-heading\" data-id=\"4b6843e0\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<h2 class=\"elementor-heading-title elementor-size-default\"><br>IPO Details<\/h2>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-352d8aa7 elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"352d8aa7\" data-element_type=\"section\" data-e-type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-74ba6558\" data-id=\"74ba6558\" data-element_type=\"column\" data-e-type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-7ac6e2b3 elementor-widget__width-initial elementor-widget elementor-widget-text-editor\" data-id=\"7ac6e2b3\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<table><tbody><tr><td><p><strong>IPO Opening Date<\/strong><\/p><\/td><td><p>December 1, 2021<\/p><\/td><\/tr><tr><td><p><strong>IPO Closing Date<\/strong><\/p><\/td><td><p>December 3, 2021<\/p><\/td><\/tr><tr><td><p><strong>Issue Type<\/strong><\/p><\/td><td><p>Book Built Issue IPO<\/p><\/td><\/tr><tr><td><p><strong>Face Value<\/strong><\/p><\/td><td><p>Rs 10 per equity share<\/p><\/td><\/tr><tr><td><p><strong>IPO Price<\/strong><\/p><\/td><td><p>Rs 443 to Rs 453 per equity share<\/p><\/td><\/tr><tr><td><p><strong>Market Lot<\/strong><\/p><\/td><td><p>33 Shares<\/p><\/td><\/tr><tr><td><p><strong>Minimum Order Quantity<\/strong><\/p><\/td><td><p>33 Shares<\/p><\/td><\/tr><tr><td><p><strong>Listing At<\/strong><\/p><\/td><td><p>BSE, NSE<\/p><\/td><\/tr><\/tbody><\/table>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-3dcd1ead elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"3dcd1ead\" data-element_type=\"section\" data-e-type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-1e4133d7\" data-id=\"1e4133d7\" data-element_type=\"column\" data-e-type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-72bdbe8 elementor-widget elementor-widget-heading\" data-id=\"72bdbe8\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<h2 class=\"elementor-heading-title elementor-size-default\">IPO Lot Size<\/h2>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-2ab35bac elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"2ab35bac\" data-element_type=\"section\" data-e-type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-581a4141\" data-id=\"581a4141\" data-element_type=\"column\" data-e-type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-3946bf2d elementor-widget__width-initial elementor-widget elementor-widget-text-editor\" data-id=\"3946bf2d\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<table><tbody><tr><td><p><strong>Application<\/strong><\/p><\/td><td><p><strong>Lots<\/strong><\/p><\/td><td><p><strong>Shares<\/strong><\/p><\/td><td><p><strong>Amount (Cut-off)<\/strong><\/p><\/td><\/tr><tr><td><p><strong>Minimum<\/strong><\/p><\/td><td><p>1<\/p><\/td><td><p>33<\/p><\/td><td><p>Rs 14,949<\/p><\/td><\/tr><tr><td><p><strong>Maximum<\/strong><\/p><\/td><td><p>13<\/p><\/td><td><p>429<\/p><\/td><td><p>Rs 194,337<\/p><\/td><\/tr><\/tbody><\/table>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-661b925 elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"661b925\" data-element_type=\"section\" data-e-type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-1a7aa02\" data-id=\"1a7aa02\" data-element_type=\"column\" data-e-type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-e59d473 elementor-widget elementor-widget-heading\" data-id=\"e59d473\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<h2 class=\"elementor-heading-title elementor-size-default\"><h2 style=\"font-family: var( --e-global-typography-primary-font-family ), Sans-serif;font-weight: var( --e-global-typography-primary-font-weight );font-style: normal;white-space: normal\">IPO Allotment Details<\/h2><\/h2>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-9cea72c elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"9cea72c\" data-element_type=\"section\" data-e-type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-7ff0bc0\" data-id=\"7ff0bc0\" data-element_type=\"column\" data-e-type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-01cd61c elementor-widget elementor-widget-text-editor\" data-id=\"01cd61c\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<p style=\"font-family: Roboto, sans-serif; font-size: 16px; font-weight: 400; font-style: normal;\">Tega IPO allotment date is Dec 8, 2021, and the expected return of refund is on Dec 9, 2021.<\/p><p style=\"font-family: Roboto, sans-serif; font-size: 16px; font-weight: 400; font-style: normal;\"><span style=\"font-size: 16px; color: var( --e-global-color-text );\">You can check your allotment in&nbsp;<\/span><a href=\"https:\/\/www.bseindia.com\/investors\/appli_check.aspx\" style=\"font-size: 16px; background-color: rgb(255, 255, 255);\">BSE<\/a><span style=\"font-size: 16px; color: var( --e-global-color-text );\">&nbsp;or&nbsp;<\/span><a href=\"https:\/\/linkintime.co.in\/IPO\/public-issues.html\" style=\"font-size: 16px; background-color: rgb(255, 255, 255);\">Linkintime&nbsp;<\/a><\/p>\n<section class=\"elementor-section elementor-top-section elementor-element elementor-element-407c3bbd elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"407c3bbd\" data-element_type=\"section\">\n<div class=\"elementor-container elementor-column-gap-default\">\n<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-364340c4\" data-id=\"364340c4\" data-element_type=\"column\">\n<div class=\"elementor-widget-wrap elementor-element-populated\">\n<div class=\"elementor-element elementor-element-2956f7c3 elementor-align-center elementor-widget elementor-widget-button\" data-id=\"2956f7c3\" data-element_type=\"widget\" data-widget_type=\"button.default\">\n<div class=\"elementor-widget-container\">\n<div class=\"elementor-button-wrapper\">&nbsp;<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/section>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-1465a8af elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"1465a8af\" data-element_type=\"section\" data-e-type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-47432417\" data-id=\"47432417\" data-element_type=\"column\" data-e-type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-300c82e0 elementor-align-center elementor-widget elementor-widget-button\" data-id=\"300c82e0\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"button.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<div class=\"elementor-button-wrapper\">\n\t\t\t\t\t<a class=\"elementor-button elementor-button-link elementor-size-sm\" href=\"https:\/\/ekyc.flattrade.in\/openaccount\/?utm_source=Blog&#038;utm_medium=organic&#038;utm_campaign=Demat+Account\">\n\t\t\t\t\t\t<span class=\"elementor-button-content-wrapper\">\n\t\t\t\t\t\t\t\t\t<span class=\"elementor-button-text\">Open a Free Demat Account<\/span>\n\t\t\t\t\t<\/span>\n\t\t\t\t\t<\/a>\n\t\t\t\t<\/div>\n\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<\/div>\n\t\t","protected":false},"excerpt":{"rendered":"Tega Industries plans to raise Rs 619.23 crore through an initial public offering. The subscription for the IPO&hellip;","protected":false},"author":5,"featured_media":8154,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"csco_display_header_overlay":false,"csco_singular_sidebar":"","csco_page_header_type":"","csco_page_load_nextpost":"","csco_post_video_location":[],"csco_post_video_location_hash":"","csco_post_video_url":"","csco_post_video_bg_start_time":0,"csco_post_video_bg_end_time":0,"csco_post_video_bg_volume":false,"footnotes":""},"categories":[15],"tags":[78,26,77],"class_list":{"0":"post-8072","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-ipos","8":"tag-nifty","9":"tag-nse","10":"tag-sensex","11":"cs-entry","12":"cs-video-wrap"},"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.2 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Tega Industries IPO - Flattrade Kosh<\/title>\n<meta name=\"description\" content=\"The subscription for the IPO will be open for three days starting from December 1, 2021. 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