IPO details · Updated
Teja Engineering Industries Limited
- 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
- 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
Offer opens
30 Jun 2026
Offer closes
2 Jul 2026
Allotment
3 Jul 2026
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
| Category | Offered | Bids | Subscribed |
|---|---|---|---|
| All categories | 16,12,800 | 22,15,800 | 1.37x |
| Total | 16,12,800 | 22,15,800 | 1.37x |
Lot Size & Investment
1 lot = 600 shares
Retail (min)
2 lots · 1,200 shares
Retail (max)
2 lots · 1,200 shares
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail | 2 | 1,200 | ₹2,64,000 |
Financial Performance
Restated figures in ₹ crore, unless stated otherwise
| Period | Dec-25 | Mar-25 | Mar-24 | Mar-23 |
|---|---|---|---|---|
| Assets | 48.26 | 33.09 | 20.95 | 14.26 |
| Total Income | 54.32 | 55.23 | 31.62 | 24.58 |
| Profit After Tax | 4 | 4.02 | 2.16 | 1.27 |
| EBITDA | 7.07 | 6.86 | 3.74 | 2.79 |
| Net Worth | 16.63 | 12.61 | 6.65 | 3.8 |
| Reserves & Surplus | 11.96 | 7.95 | 2.23 | 2.7 |
| Total Borrowing | 17.36 | 12.85 | 7.09 | 6.74 |
Key Performance Indicators
| Period | Dec-25 | Mar-25 |
|---|---|---|
| ROE (%) | 32.94 | 42.44 |
| ROCE (%) | 20.07 | 26.14 |
| EPS (₹) | — | 8.51 |
| P/E (pre-issue) | — | 25.85 |
| P/E (post-issue) | — | 26.44 |
Peer Comparison
Listed companies in the same business
| Company | P/E | ROE |
|---|---|---|
| Lakshya Powertech Ltd. | 7.1 | 24.78% |
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
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