Teja Engineering Industries Limited logo

IPO details · Updated

Teja Engineering Industries Limited

ClosedSMENSE: TEJA
Check Allotment
Price Band
₹220
Lot Size
600 shares
Min. Investment
₹1,32,000
Issue Size
₹37.36 Cr
Offer Dates
30 Jun – 2 Jul 2026
Listing
7 Jul 2026

Issue Details

Full details →
Total Issue Size
₹37.36 Cr
16,98,000 shares
Fresh Issue
₹37.36 Cr
16,98,000 shares
Offer for Sale
₹0 Cr
Face Value
₹10 per share
Issue Type
Book-built IPO
Listing At
NSE SME
Shares Pre-Issue
47,19,300
Shares Post-Issue
64,17,300

IPO Timeline

  1. Offer opens

    30 Jun 2026

  2. Offer closes

    2 Jul 2026

  3. Allotment

    3 Jul 2026

  4. Listing

    7 Jul 2026

Issue Allocation

Share of the offer reserved for each investor category

  • HNI47.5%8,06,400 shares
  • Retail47.5%8,06,400 shares
  • MarketMaker5.0%85,200 shares

Subscription Status

Times subscribed by investor category

CategoryOfferedBidsSubscribed
All categories16,12,80022,15,800
1.37x
Total16,12,80022,15,800
1.37x

Lot Size & Investment

1 lot = 600 shares

Retail (min)

2 lots · 1,200 shares

Retail (max)

2 lots · 1,200 shares

ApplicationLotsSharesAmount
Retail21,200₹2,64,000

Financial Performance

Restated figures in ₹ crore, unless stated otherwise

Financial performance by period
PeriodDec-25Mar-25Mar-24Mar-23
Assets48.2633.0920.9514.26
Total Income54.3255.2331.6224.58
Profit After Tax44.022.161.27
EBITDA7.076.863.742.79
Net Worth16.6312.616.653.8
Reserves & Surplus11.967.952.232.7
Total Borrowing17.3612.857.096.74

Key Performance Indicators

Key performance indicators
PeriodDec-25Mar-25
ROE (%)32.9442.44
ROCE (%)20.0726.14
EPS (₹)8.51
P/E (pre-issue)25.85
P/E (post-issue)26.44

Peer Comparison

Listed companies in the same business

CompanyP/EROE
Lakshya Powertech Ltd.7.124.78%

About Teja Engineering Industries Limited

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.

Objects of the Issue

  • Funding Capital Expenditure requirements for the purchase of equipment/machineries (₹18.01 Cr)
  • Funding the working capital requirements of the Company (₹9.26 Cr)
  • General Corporate Purposes (₹5.50 Cr)
  • Issue Expenses (₹4.59 Cr)

Promoters

  • <p>Srinivasarao Vakalapudi
  • Suryakumari Vakalpudi</p>

Company Information

Book running lead managers
  • Interactive Financial Services Ltd.
Registered office
A/14 Shantiniketan Society, N/r Shravan Chokdi,, Bharuch, Gujarat, 392001
Market maker
B.N.Rathi Securities Ltd., Svcm Securities Pvt.Ltd.

Official Documents

Opens the source filing in a new tab

Disclaimer: Data on OpenIPO is for information only and is not investment advice. OpenIPO is not a SEBI-registered entity. GMP figures are unofficial estimates and may change. Verify all details against the company RHP and the official registrar before investing.