Comparison between Advance Technoforge IPO and Teja Engineering Industries IPO.
Advance Technoforge IPO is a SME Fixed Price IPO proposed to list at BSE SME while Teja Engineering Industries IPO is a SME Fixed Price proposed to list at NSE SME.
| Advance Technoforge IPO | Teja Engineering Industries IPO | |
|---|---|---|
| Logo |  |  |
| Issue Category | SME | SME |
| Issue Type | IPO | IPO |
| Process Type | Fixed Price | Fixed Price |
| Listing At | BSE SME | NSE SME |
| Lead Managers | Sun Capital Advisory Services Pvt.Ltd. | Interactive Financial Services Ltd. |
| Registrar | Kfin Technologies Ltd. | Kfin Technologies Ltd. |
| Market Maker | B.N.Rathi Securities Ltd. | |
| DRHP | DRHP  | DRHP |
| RHP | ||
| Final Prospectus | Final Prospectus | |
| Anchor Investor | ||
| IPO Allotment URL | IPO Allotment URL |
The total issue size of Advance Technoforge IPO is up to ₹22.80 Cr whereas the issue size of the Teja Engineering Industries IPO is up to ₹35.48 Cr. The final issue price of Advance Technoforge IPO is ₹95.00 per share and of Teja Engineering Industries IPO is ₹220.00 per share.
| Advance Technoforge IPO | Teja Engineering Industries IPO | |
|---|---|---|
| Face Value | ₹10 per share | ₹10 per share |
| Issue Price (Lower) | ||
| Issue Price (Upper) | ||
| Issue Price (Final) | ₹95.00 per share | ₹220.00 per share |
| Discount (Retail) | ||
| Discount (Employee) | ||
| Market Lot Size | 1200 shares | 600 shares |
| Fresh Issue Size | 24,00,000 shares | 16,12,800 shares |
| Fresh Issue Size (Amount) | up to ₹22.80 Cr | up to ₹35.48 Cr |
| OFS Issue Size | 0 shares | 0 shares |
| OFS Issue Size (Amount) | up to ₹0.00 Cr | up to ₹0.00 Cr |
| Issue Size Total | 24,00,000 shares | 16,12,800 shares |
| Issue Size Total (Amount) | up to ₹22.80 Cr | up to ₹35.48 Cr |
Advance Technoforge IPO opens on Jul 27, 2026, while Teja Engineering Industries IPO opens on Jun 30, 2026. The closing date of Advance Technoforge IPO and Teja Engineering Industries IPO is Jul 29, 2026, and Jul 02, 2026, respectively.
| Advance Technoforge IPO | Teja Engineering Industries IPO | |
|---|---|---|
| Anchor Bid Date | ||
| Issue Open | Jul 27, 2026 | Jun 30, 2026 |
| Issue Close | Jul 29, 2026 | Jul 02, 2026 |
| Basis Of Allotment (Tentative) | Jul 30, 2026 | Jul 03, 2026 |
| Initiation of Refunds (Tentative) | Jul 31, 2026 | Jul 06, 2026 |
| Credit of Share (Tentative) | Jul 31, 2026 | Jul 06, 2026 |
| Listing date (Tentative) | Aug 03, 2026 | Jul 07, 2026 |
| Anchor Lockin End date 1 | ||
| Anchor Lockin End date 2 |
Advance Technoforge IPO P/E ratio is , as compared to Teja Engineering Industries IPO P/E ratio of 25.85.
| Advance Technoforge IPO | Teja Engineering Industries IPO | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Financials | Company Financials (Restated)
| Company Financials (Restated)
| ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Promoter Shareholding (Pre-Issue) | 100 | 91.33 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Promoter Shareholding (Post-Issue) | 71.99 | 67.17 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| P/E Ratio | 25.85 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Market Cap | ₹141.18 Cr. | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ROE | 42.44 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ROCE | 26.14 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Debt/Equity | 1.01 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| EPS | ₹8.51 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| RoNW | 30.33 | 31.85 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
In the Advance Technoforge IPO Retail Individual Investors (RII) are offered 12,00,000 shares while in Teja Engineering Industries IPO retail investors are offered 12,00,000 shares. Qualified Institutional Buyers (QIB) are offered 0 shares in Advance Technoforge IPO and 0 shares in Teja Engineering Industries IPO.
| Advance Technoforge IPO | Teja Engineering Industries IPO | |
|---|---|---|
| Anchor Investor Reservation | 0 shares | 0 shares |
| Market Maker Reservation | 1,29,600 shares | 85,200 shares |
| QIB | 0 shares | 0 shares |
| NII | 12,00,000 shares | 8,06,400 shares |
| RII | 12,00,000 shares | 8,06,400 shares |
| Employee | 0 shares | 0 shares |
| Others | ||
| Total | 24,00,000 shares | 16,12,800 shares |
Advance Technoforge IPO subscribed in total, whereas Teja Engineering Industries IPO subscribed 1.37x.
| Advance Technoforge IPO | Teja Engineering Industries IPO | |
|---|---|---|
| QIB (times) | ||
| NII (times) | 1.81x | |
| Big NII (times) | ||
| Small NII (times) | ||
| RII (times) | 0.32x | |
| Employee (times) | ||
| Other (times) | ||
| Total (times) | 1.37x |
