On Tuesday, Tega Industries raised Rs 185.8 crore from 25 key investors ahead of its IPO.
Tega Industries has reserved 50% of the total shares offered to qualified institutional investors, 15% to non-institutional investors and 35% to retail investors.
Tega Industries is a manufacturer and distributor of specialty consumables for the global mineral enrichment, mining and bulk solids handling industry. The company has a portfolio of more than 55 products that are used by customers at various stages of mining and mineral processing, screening, crushing and material handling.
(Edited by : Sandeep Singh)
First publication: STI