Teja Engineering IPO

Listed SME
Min Investment
₹2,64,000
1200 Shares
Min Investment
₹2,64,000 · 1200 Shares
Open Jun 30
Close Jul 02
Allotment Jul 03
Refund Jul 06
Listing Jul 07

Market Sentiment

+Rs 22
+10.0%
Est. Listing: Rs 242
Updated: Jul 06, 2026 6:12 pm
Subscription Status
QIB
NII
1.29x
bNII (>10L)
sNII (2-10L)
Retail
0.32x
Total
1.11x
Updated: Jul 02, 2026 4:51 pm IST
Analysis Score 50 / 100
Neutral
Data: 80%
GMP Score 60
Subscription Score 25
Financial Health 75
Score updates live as GMP/subscription change. For information only — not investment advice.

IPO Details

Issue Price₹220 per equity share
Face Value₹10 Per Equity Share
Lot Size 1200 shares (Min ₹2,64,000)
Total Issue Size ₹37.36 crore
Fresh Share₹37.36 crore
Issue TypeFixed Price Issue
Lead ManagerInteractive Financial Services Ltd.
RegistrarKfin Technologies Ltd.
Listing atNSE
NSE SymbolTEJA
ISIN
Listing Price₹418.00
Listing Gain+90.00%

Market Lot Size

Category Lots Shares Amount (₹)
Retail Minimum 2 1,200 ₹2,64,000
Retail Maximum 2 1,200 ₹2,64,000
S-HNI Minimum 3 1,800 ₹3,96,000
Budget to Lots Calculator

IPO Reservation

Category Shares Offered Shares %
NII (HNI)8,06,40050.00%
bNII > ₹10L5,37,60033.33%
sNII < ₹10L2,68,80016.67%
Retail8,06,40050.00%
Total16,12,800100.00%

Day-wise Subscription (times subscribed)

Category Day 1 Day 2 Day 3
QIB
NII 0.11x 0.65x 1.29x
bNII > ₹10L
sNII 2-10L
Retail 0.01x 0.08x 0.32x
Total 0.06x 0.35x 1.11x

Financial Analysis

Financial Data
EPS (Pre)
Rs 8.80
ROE
15.56%
ROCE
18.86%
RoNW
31.85%
EBITDA Margin
14.80%
Debt/Equity
0.27
NAV/Share
Rs 26.72
Revenue Growth
74.67%
Profit Margin
7.28%
Financial Performance
Metric 2024 2025 Dec 2025
Revenue 31.62 55.23 54.32
Expense 28.67 49.86 48.83
Profit (PAT) 2.16 4.02 4.00
Total Assets 20.95 33.09 48.26
Values in Crores (₹)
Promoters & Holding Pattern

Promoters: Srinivasarao Vakalapudi and Suryakumari Vakalpudi

Shareholding No. of Shares Holding %
Promoter Holding Pre Issue 47,19,300 91.33%
Promoter Holding Post Issue 64,17,300 67.17%

Strengths & Risks

Strengths
  • Revenue grew 75% in the latest reported year.
  • Strong return on equity — 16%.
  • Low leverage — debt/equity of 0.27.
Risks & Concerns

No major red flags in the available data.

Auto-generated from live GMP, subscription, valuation and financial data. Informational only — not investment advice. Always read the RHP before applying.

Company Information

About Teja Engineering

Teja Engineering is a growing engineering services firm that operates across the Oil & Gas, Power, and Energy sectors, with a focus on providing Operations & Maintenance (O&M) services. Tejal Engineering offers a wide range of engineering services, including O&M, Erection & Commissioning (E&C), instrument calibration, overhauling, terminal hook-up, and decommissioning and recommissioning. The company has over 300 CNG compressor station projects and manages O&M services for more than 550 units across 15 states, including Gujarat, Maharashtra, Telangana, Tamil Nadu, and West Bengal. TEIL operates in an asset-light business model and recurring O&M contracts. Moreover, the firm is planning to use the fund of ₹18.05 crore raised from the IPO proceeds to enhance its presence in expanding India’s gas and energy infrastructure market.

Objects of the Issue
Purpose Amount (Cr)
Funding Capital Expenditure requirements for the purchase of equipment/machineries 18.06
Funding the Working Capital requirement 9.26
General Corporate Purpose -

Resources & Documents

Company Contact Information

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

Teja Engineering IPO — Quick Take

Teja Engineering has fixed the issue price at Rs 220 per share for an issue size of Rs 37 crore. The stock listed with a 90.00% gain versus its issue price on July 07, 2026.

Teja Engineering is a growing engineering services firm that operates across the Oil & Gas, Power, and Energy sectors, with a focus on providing Operations & Maintenance (O&M) services. Tejal Engineering offers a wide range of engineering services, including O&M, Erection & Commissioning (E&C), instrument calibration, overhauling, terminal hook-up, and decommissioning and recommissioning.

The issue is promoted by Srinivasarao Vakalapudi and Suryakumari Vakalpudi with Interactive Financial Services Ltd. acting as lead manager. Net proceeds will primarily be used towards Funding Capital Expenditure requirements for the purchase of equipment/machineries (Rs 18 crore) and Funding the Working Capital requirement (Rs 9 crore).

Grey market is quoting a premium of +Rs 22 (+10.0% over issue price), up Rs 19 from the previous session. Final subscription data records overall subscription at 1.11x, retail at 0.32x, NII at 1.29x.

On fundamentals, the company is posting revenue growth of 74.7%, a profit margin of 7.3%, return on equity of 15.6% in its most recent reported period. Listed peers in this segment include Lakshya Powertech Limited (P/E 7.10x) — useful reference points when evaluating the issue's pricing relative to where the broader sector is trading.

Our data-driven engine currently flags this issue as a Neutral stance — the data is mixed and the risk-reward is balanced rather than one-sided. Past performance does not predict future returns — review the price chart and peer comparison below before trading.

Frequently Asked Questions

The issue price of Teja Engineering IPO is fixed at Rs 220 per share. Face value is Rs 10 per share.

The total issue size of Teja Engineering IPO is Rs 37 crore, comprising fresh issue of Rs 37 crore.

Retail investors must apply for a minimum of 1 lot of 1200 shares, requiring an investment of Rs 2,64,000.

Teja Engineering IPO opens for subscription on June 30, 2026 and closes on July 02, 2026.

The expected allotment date for Teja Engineering IPO is July 03, 2026. Refunds for unsuccessful applicants are expected on July 06, 2026.

Teja Engineering IPO is scheduled to list on July 07, 2026 on NSE. NSE symbol: TEJA, ISIN: –.

The current GMP (Grey Market Premium) of Teja Engineering IPO is +Rs 22 (+10.0% over issue price). GMP is an unofficial grey market indicator and may change through the subscription window. See the GMP chart on this page for the full trend.

Teja Engineering IPO is currently subscribed 1.11 times overall — retail at 0.32x, NII at 1.29x. Live subscription data updates multiple times per day on open-issue days.

Based on the current retail subscription of 0.32x for Teja Engineering IPO, the estimated retail allotment probability is approximately 100.0%. This is a high probability of allotment.

The registrar for Teja Engineering IPO is Kfin Technologies Ltd.. After the allotment date, you can check your allotment status on the registrar's official website by entering your PAN, application number, or demat account details. Allotment status is also available on the BSE and NSE websites.

The book running lead manager(s) for Teja Engineering IPO are Interactive Financial Services Ltd..

The promoter(s) of Teja Engineering are Srinivasarao Vakalapudi and Suryakumari Vakalpudi.

Teja Engineering IPO GMP — What It Means

The latest grey market premium for Teja Engineering IPO is ₹22 (+10.0%). GMP is an unofficial, dealer-quoted figure that hints at expected listing-day demand — it is not a guaranteed listing price. For Teja Engineering it should be read alongside the subscription numbers and the company's fundamentals, since grey-market premiums can swing sharply during the bidding window.

See the full Teja Engineering GMP history and trend, or learn how grey market premium works and how reliable it is.

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