Teja Engineering Industries IPO Details

Fixed Price IPO | ₹37 Cr | Listing at NSE SME | Tue, Jun 30, 2026 - Thu, Jul 2, 2026 CT

Teja Engineering Industries IPO Logo

Teja Engineering Industries IPO is a fixed issue price of ₹37.36 crores. The issue is entirely a fresh issue of 0.17 crore shares of ₹37.36 crore.

Teja Engineering Industries IPO opens for subscription on Jun 30, 2026 and closes on Jul 2, 2026. The allotment for the Teja Engineering Industries IPO is expected to be finalized on Jul 3, 2026. Teja Engineering Industries IPO will list on the NSE SME with a tentative listing date fixed as Jul 7, 2026.

Teja Engineering Industries IPO is set final issue price at ₹220 per share. The lot size for an application is 600 shares. The minimum amount of investment required by an individual investor (retail) is ₹2,64,000 (1,200 shares) (based on upper price). The minimum lot size for investment in HNI is 3 lots (1,800 shares), amounting to ₹3,96,000.

Interactive Financial Services Ltd. is the book running lead manager and Kfin Technologies Ltd. is the registrar of the issue. The Market Maker of the company areB.N.Rathi Securities Ltd., Svcm Securities Pvt.Ltd.

Refer to Teja Engineering Industries IPO DRHP for detailed Information.

IPO Open

Tue, Jun 30, 2026

IPO Close

Thu, Jul 2, 2026

Issue Price

₹220 per share

Market Cap (Pre-IPO)

₹141.18 Cr

IPO Details

IPO Date30 Jun to 2 Jul, 2026
Listing DateTue, Jul 7, 2026T
Face Value10 per share
Issue Price₹220 per share
Lot Size600 Shares
Sale TypeFresh capital only
Issue TypeFixed Price IPO
Listing AtNSE SME

Total Issue Size16,98,000 shares
(agg. up to ₹37 Cr)
Reserved for Market Maker
85,200 shares
(agg. up to ₹2 Cr)
B.N.Rathi Securities Ltd.
Svcm Securities Pvt.Ltd.
Fresh Issue
(Ex Market Maker)
16,12,800 shares
(agg. up to ₹35 Cr)
Net Offered to Public16,12,800 shares
(agg. up to ₹35 Cr)
Share Holding Pre Issue47,19,300 shares
Share Holding Post Issue64,17,300 shares

IPO Timetable (Tentative)

Issue Reservation

Teja Engineering Industries IPO comprises a total issue size of 16,98,000 shares. The net offer to the public is 16,12,800 shares, after excluding 85,200 shares allotted on a firm basis. Of the Net offer 8,06,400 (50.00%) allocated to NII 8,06,400 (50.00%) allocated to RII.

Investor Category Shares Offered % of Net Issue% of Total Issue
NII (HNI) Shares Offered 8,06,40050.00%47.49%
Retail Shares Offered 8,06,40050.00%47.49%
Firm Reservations
Market Maker Shares Offered 85,2005.02%
Total Shares Offered 16,98,000100.00%100.00%

IPO Lot Size

Investors can bid for a minimum of 1,200 shares and in multiples of 600 shares thereof. 

Application Lots Shares Amount
Individual investors (IND) (Min) 2 1,200 ₹2,64,000
Individual investors (IND) (Max) 2 1,200 ₹2,64,000
HNI (Min) 3 1,800 ₹3,96,000
IPO Subscription Details

About Teja Engineering Industries Ltd.

Incorporated in 2023, Teja Engineering Industries Limited specializes in providing assistance and support services in the Oil and Gas, Power, and Energy Sectors.

The company provides project assistance, including Annual Maintenance Contracts (AMC), Comprehensive Maintenance Contracts (CMC), and Operation & Maintenance (O&M), Erection & Commissioning services. TEIL also specializes in turnkey solutions and gas stations for commercial use.

The company has expanded its operations across various states, including Gujarat, Telangana, Andhra Pradesh, Tamil Nadu, Kerala, Karnataka, Goa, Madhya Pradesh, Rajasthan, Odisha, West Bengal (Kolkata), and Maharashtra, in various fields.

The company specialises in designing, commissioning, and maintaining natural gas compression stations for optimal industrial performance.

For CNG stations, TEIL offers comprehensive lifecycle services, including commissioning, operation, and maintenance.

The company is certified in ISO ISO 9001:2015 for quality management, ISO 14001:2015 for environmental systems, and ISO 45001:2018 for occupational health and safety, demonstrating our commitment to excellence in operations.

As on May 31, 2026, the company had strong workforce of 2927 employees.

Competitive Strength:

  • Extensive Pan-India Presence.
  • Commitment to Quality and Industry Accreditations.
  • Experienced Leadership with Extensive Domain Knowledge.
  • Strong Customer Relationships.

Company Financials (Restated)

Period Ended31 Dec 202531 Mar 202531 Mar 202431 Mar 2023
Assets48.2633.0920.9514.26
Total Income54.3255.2331.6224.58
Profit After Tax4.004.022.161.27
EBITDA7.076.863.742.79
NET Worth16.6312.616.653.80
Reserves and Surplus11.967.952.232.70
Total Borrowing17.3612.857.096.74
Amount in ₹ Crore

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IPO Objects of the Issue

The Company proposes to utilise the Net Proceeds from the Issue towards the following objects:

# Issue Objects Est Amt (₹ Cr.)
1 Funding Capital Expenditure requirements for the purchase of equipment/machineries 18.01
2 Funding the working capital requirements of the Company 9.26
3 General Corporate Purposes 5.50
Total 32.77

Key Performance Indicator (KPI)

KPIDec 31, 2025Mar 31, 2025
ROE32.94%42.44%
ROCE20.07%26.14%
Debt/Equity1.041.01
RoNW32.11%31.85%
PAT Margin7.37%7.27%
EBITDA Margin13.02%12.42%
Price to Book Value6.248.23
Pre IPOPost IPO
EPS (₹)8.518.32
P/E (x)25.8526.44
Promoter Holding91.33%67.17%
Market Cap141.18 Cr.
Srinivasarao Vakalapudi and Suryakumari Vakalpudi.
  • The value will be calculated using Equity Dilution = Share Holding Pre Issue - Share Holding Post Issue
  • The Pre IPO EPS is calculated based on Pre issue shareholding as on date of RHP and the latest FY earnings as of March 31, 2025 available in RHP.
  • The Post Issue EPS is calculated based on the Post issue shareholding and annualized FY earnings of December 31, 2025 available in RHP.

IPO Review

[Dilip Davda]
TEIL is engaged in providing services across O&M, AMC, E&C, projects for gas. The company posted growth in its top and bottom lines for the reported periods. The company operates in a highly competitive and fragmented segment. Sustainability of its profit margins remains major concern. Small paid-up equity capital post-IPO indicates longer gestation for migration. The merchant banker has a poor track record. Investors can avoid this pricey and dicey IPO.
Read detail review...

Teja Engineering Industries IPO Recommendations

Review BySubscribeMay ApplyNeutralAvoid
Brokers1000
Members0000

IPO Expenses

# Issue Expenses Est Amt (₹ Cr.)
1 Lead Manger Fees including Underwriting Commission 1.54
2 Brokerage, selling commission and upload fees 0.25
3 Registrar to the Issue 0.04
4 Legal Advisors 0.04
5 Advertising and marketing expenses 2.50
6 Regulators including stock exchanges 0.08
7 Printing and distribution of issue stationary 0.02
8 Market Making fees etc 0.12
Total 4.59

IPO Registrar

Kfin Technologies Ltd.

Contact Details

Teja Engineering Industries Ltd. Address
A/14 Shantiniketan Society
N/r Shravan Chokdi,
Bharuch, Gujarat, 392001
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IPO FAQs

Teja Engineering Industries IPO is a SME IPO of 16,98,000 equity shares of the face value of ₹10 aggregating up to ₹37 Crores. The issue is priced at ₹220 per share. The minimum order quantity is 600.

The IPO opens on Tue, Jun 30, 2026, and closes on Thu, Jul 2, 2026.

Kfin Technologies Ltd. is the registrar for the IPO. The shares are proposed to be listed on NSE SME.

Zerodha customers can apply online in Teja Engineering Industries IPO using UPI as a payment gateway. Zerodha customers can apply in Teja Engineering Industries IPO by login into Zerodha Console (back office) and submitting an IPO application form.

Steps to apply in Teja Engineering Industries IPO through Zerodha

  1. Visit the Zerodha website and login to Console.
  2. Go to Portfolio and click the IPOs link.
  3. Go to the 'Teja Engineering Industries IPO' row and click the 'Bid' button.
  4. Enter your UPI ID, Quantity, and Price.
  5. Submit IPO application form.
  6. Visit the UPI App (net banking or BHIM) to approve the mandate.

Visit Zerodha IPO Application Process Review for more detail.

The Teja Engineering Industries IPO opens on Tue, Jun 30, 2026 and closes on Thu, Jul 2, 2026.

Teja Engineering Industries IPO lot size is 600, and the minimum amount required for application is ₹2,64,000, with 2 lots being the minimum application size.

You can apply in Teja Engineering Industries IPO online using either UPI or ASBA as a payment method. ASBA IPO application is available in the net banking of your bank account. UPI IPO Application is offered by brokers who don't offer banking services. Read more detail about applying IPO online through Zerodha, Upstox, 5Paisa, Nuvama, HDFC Bank, and SBI Bank.

The finalization of Basis of Allotment for Teja Engineering Industries IPO will be done on Friday, July 3, 2026, and the allotted shares will be credited to your demat account by Mon, Jul 6, 2026. Check the Teja Engineering Industries IPO allotment status.

The Teja Engineering Industries IPO listing date is not yet announced. The tentative date of listing is Tue, Jul 7, 2026.

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