The IPO of Tega Industries will be better if it enters the market on March 02. The Company will continue to increase 513 value through existing IPOs starting from crore or new issuance of an OFS of 14,551,448 Equity Shares. The company is the second-largest manufacturer of polymer-based factory liners and is located in Chile, South Africa, and Australia with their respective manufacturing units. A company will report revenue of 821 crores from 2020 against revenue of 696 crores in 2019. The IPO price band is set at 543 to 653 Per Equity Share. Tega Industries IPO to keep a record on NSE and BSE.
Founded in 1977, Tega Industries is a leading manufacturer and distributor of specialty, critical and repeatable consumer products for immediate global mineral beneficiation, mining, and the entire bulk solids handling industry. Globally, the Tega industry is the second-largest producer of a polymer-based coatings plant, based on revenue results for 2020.
The company will also offer a very broad product portfolio of an abrasion-based coating component as well as wear-resistant rubber products, and a ceramic that can be used for each of their buyers from every stage of mining and mineral processing, milling, and material handling. The company's product portfolio also consists of more than 45 mineral manufacturing and individual material handling products.
The company also has 7 manufacturing areas, including 2 in India, from the Dahej area in Gujarat, and in the Samali and Kalyani areas in West Bengal, and 5 areas in a major mining hub located in Chile, South Africa, and Australia, with a total built area starting at 64285 square mt. Of the last three Fiscals, the company has also arrived in 513, 498, and 429 installation areas in over 69 countries. The majority of the company's revenue (85.32% in 2020) comes from an operation outside India. The company also has 18 global trading offices and 15 domestic trading offices which are located close to major customers as well as mining sites. Tega Industries is further expanding its community operations in key markets especially the following countries: North America, South America, Australia, and South Africa.
Most Competitive Strength:
One of the 2nd largest polymer-based factory coating manufacturers in the world
The product will fulfill the shopping after the market provides a recurring income
R&D skills as well as in-house manufacturing and a strong focus on quality control
A global customer base, and strong global manufacturing and sales skills are:
1. Very consistent market growth and efficiency in operations
2. highly experienced management members supported by a very large and diverse workforce.
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