Madan Mohanka

$1.19B
$4.3M (-0.4%)
as of 10/04/24

About Madan Mohanka

Madan Mohanka is the chairman of Kolkata-based Tega Industries, which manufactures products such as mill liners and conveyor components that are used for mining, mineral processing and material handling.

Mohanka, a trained engineer, founded the company in 1976 in collaboration with a Swedish firm, initially targeting the mining industry.

Today, Tega Industries has more than 700 customers across 70 countries and operations in Chile, South Africa and Australia.

He took the company public in 2021, when it got listed at a 68% premium to the IPO price.

His son Mehul, who has an MBA from the University of Pittsburgh, is the managing director and group CEO.

Personal stats

Citizenship

India

Source of wealth

Manufacturing

Residence

Kolkata, India

Marital status

Married

Birth date

08/13/43 (age 81)

Number of children

2

Education

Diploma, Indian Institute of Management, Ahmedabad; Bachelor of Science in Engineering, Ranchi University

Self-made

self-made

Madan Mohanka’s fortune is worth

20K

troy ounces of gold

18K

median U.S. household

12K

median U.S. income

0.024%

U.S. credit card volume

0.005%

GDP of the United States

0.004%

United States debt

Net worth over time

Real-time ranking

Financial assets

BSE INDIA | 543413-IN

Tega Industries

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