Tega Industries Limited IPO Message Board (Page 33)

Tega will give bumper listing gain
Waiting for wilmar IPO .

Superstitious.😄🤣😂🤪😝🤑😜😛🤩
All family promoters name start with '' M ''.

why not company name start from m -Mega Industries????

The Non-Family promoter Mihal Miscal Mervices also starts with "M" ;)

If tega ind. allotment/refund is on 8-9 Dec, that means it will stretch upto 2nd week of dec, and then AW ipo date should be 9-11dec. so that we can use funds of tega ipo into AW. my thoughts..

You can use for aw refund kunt
Aw 8 to 10

If it doesn''t clash with AW ipo. this gonna go off the charts

Tega Industries IPO

*Issue Dates :* 01 Dec - 03 Dec
*Issue Size :* Rs 619.23 Crore

*Price Band :* Rs 443 - 453
*Bid Lot Size :* 33 Share
*Application Amount : Rs 14,949*

Retail Quota : 35%
Listed Peer : AIA Engineering
Number of Retail Applications : 1,44,979

*Allotment date : -* 09 -12 - 2021
*Listing Date : -* 13 - 12 - 2021

Considering current gmp is 180-190 and the HNI cost which is 210-250, I think the range for tomorrow will be 825 to 875 for listing.. If it lists above 900, advisable to book at least half.. market signals are currently neutral and it''s better to be light..
I don''t expect it to list below 800

this got posted here.. meant for tarsons

If this news is correct that retail portion is 35% then share price will be very reasonable so that it can be subscribed by most number of the people. My view.

Price band should be between 425 to 430

dear admin
update IPO Detail

Registrar linkintime. No chance to get allotment if gmp''s are good. Terrible register

For me kfintech is worse 0/15 in gf infra
0/11 in IPL
0/12 tarsons
1/18 in hernba
So it depends on luck bro registrar have nothing to do with allotment

Ye tega tega kya hai ye tega tega??? Aaya hai kuch toh loot ke jayega... Bas thoda sa scope chood de positive listing ke liye

Admin sab ipo ko date wise lagaiye

Gmp update
Star 45
Tarson 175
Go color 480

Tega industries IPO size around 700---750 crores. So price band may be 520---580. If company doesn''t change size of IPO. IF Price band likely then some thing on table for investors.

Hope price band 400-450 ho

@krupa Even I''m of the opinion that a price band of around 400 will be good for both the parties - Co and its investors

Look, paytm had nothing to lose, so it went for maximum. hopefully tega management will care for its reputation while deciding price range

my guess is that price will be under 1000 rs but above 500 rs... may be.. but the company will keep the price reasonable due to ofs and after paytm debacle, also the company is globally reputed. so they will not ruin their name by keeping higher share price like paytm.

Good luck.
bye bye star h

Price band if @550 looks good.
Let’s hope, issue is reasonably priced.
Product, business, Promoters, geographical spread looks good.
Only aspect worth caution is- its pure OFS!!

Tega industries observation:
Diluted EPS 20-21 - 20.48
Diluted EPS for Q1 21 - 1.78
Lets assume annualized EPS of - 1.78*4 = 7.12
You can see that there is a dip in business compared to the pandemic year on the basis of the above assumption ( This may vary by the end of the year when actual results come in, which is expected to be better than the annualized figure)

Peer - AIA Engineering
PE ratio - 30
Assuming PE of 30, EPS of 20-21, estimated price - 614
Assuming PE of 30, EPS of 21-22, estimated price - 213

The company promoters will obviously try to maximize their gain by quoting the price based on 2021-21 figures. Hopefully if they can strike a balance it might be a good IPO with some premium left for the investors.

At first instance looks like " Paisa to banega"..
Now all depends on issue size and price tag.