Tega Industries IPO - Leading Player Of Mill Liner Mining Consumables: ICICI Direct
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ICICI Direct's IPO Report
Tega Industries Ltd. is a leading manufacturer of ‘critical to operate’ mill liner consumables having 55 plus product portfolio catering to global mineral beneficiation, mining and bulk solids handling industry.
It is the second largest producer of polymer based mill liners and only player providing a ‘hybrid liner’ across both large semi-autogenous grinding mill and ball mills. Total ~86% of revenue from outside India; repeat orders comprised 74%.
Tega Industries has its presence across the value chain of a mineral processing site with wide range of products and solutions.
Strong in-house research and development and manufacturing capabilities. Flagship innovation DynaPrime, a composite liner of steel and rubber, has unlocked a new addressable market for Tega Industries.
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