Upcoming SME IPO Alert: The initial public offering of Teja Engineering Industries Ltd. is scheduled to open on Jun 30, 2026.
Teja Engineering Industries IPO – Key Details
According to the company’s filing, the company aims to raise ₹37.36 crore through a fresh issue of 0.17 crore shares worth ₹37.36 crore.
The IPO comprises a Fixed Price Issue. Shares will be offered at a price of ₹220 per share. Given the lot size of 600 shares, Individual Investors can bid for a minimum of ₹2,64,000 while non-institutional investors must bid for ₹3,96,000.
Category-wise Reservation
The issue has no reservation reserved for Qualified Institutional Investors, 8,06,400 for Non-Institutional Investors and 8,06,400 for Retail Individual Investors.
The IPO opens for public subscription on Jun 30, 2026. The issue will close on Jul 2, 2026.
Interactive Financial Services Ltd. is acting as the Book Running Lead Manager to the issue. The shares are proposed to be listed on the NSE SME Exchange.
Business Overview - 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 IPO market continues to remain active, with investors closely tracking upcoming public issues across sectors.
