Summary
Teja Engineering Industries IPO, offering 16,98,000 fresh equity shares at a fixed price of ₹220 per share on the NSE SME platform with subscription starting from 30 June 2026 and closing on 2 July 2026.
The objective of this IPO is to purchase machinery, meet working capital requirements, and fulfill general corporate purposes.
Teja Engineering Industries is launching its fixed-price SME IPO, with the bidding opening on 30 June 2026 and closing on 2 July 2026. The issues are fixed at ₹220 per share, with the shares expected to make their debut on the NSE SME platform on 7th July 2026.
The capital raised through this offering is intended to be funded across three areas: procurement of machinery, strengthening working capital, and meeting general corporate expenses.
Teja Engineering Industries IPO Key Details
The table below captures all the essential parameters of the Teja Engineering Industries IPO.
| Subscription Open | 30 June 2026 |
| Subscription Close | 2 July 2026 |
| Face value | ₹10 per share |
| Price Band | _ |
| Issue Price | ₹220 |
| IPO Lot Size | 600 shares each lot |
| Fresh issue | 16,98,000 shares |
| Type of issue | Fixed Price Issue |
| Listing at | NSE SME |
| Total Issue Size (In Lakhs) | 3,735.60 Lakhs |
Teja Engineering Industries IPO Timeline
Below is the complete schedule of events associated with the Teja Engineering Industries IPO.
| IPO Open Date | 30 June 2026 |
| IPO Close Date | 2 July 2026 |
| Tentative Allotment | 3 July 2026 |
| Initiation of Refunds | 6 July 2026 |
| Credit of Shares to Demat | 6 July 2026 |
| Tentative Listing Date | 7 July 2026 |
Key Performance Indicators of Teja Engineering Industries IPO
The following KPIs display the company’s operational efficiency, profitability, and financial health over the mentioned years.
| 31-03-2025 | 31-03-2024 | 31-03-2023 | |
| ROE | 42.44 | 44.86 | 45.41 |
| ROCE | 26.14 | 26.61 | 23.43 |
| Debt Equity | 1.01 | 1.05 | 1.78 |
| RoNW | 31.85 | 38.41 | 33.61 |
| PAT Margin | 7.27 | 6.99 | 5.19 |
| EBITDA margin | 12.42 | 12.01 | 11.38 |
| Price Book Value | 8.23 | _ |
Teja Engineering Industries IPO Financial Details
The Financial information of the Teja Engineering Industries IPO is as follows.
| 31-03-2025 | 31-03-2024 | 31-03-2023 | |
| Revenue | 55.23 | 31.62 | 24.58 |
| Total Asset | 33.09 | 20.95 | 14.26 |
| Profit | 4.02 | 2.16 | 1.27 |
(Amount in ₹ Crores)
Teja Engineering Industries IPO Subscription Status
The subscription data is not available yet.
Bidding is open from 10:00 AM to 5:00 PM on public issue days.
Teja Engineering Industries Grey Market Premium (GMP)
The current status of Grey Market Premium for Teja Engineering Industries is at ₹0. This indicates that grey market activity has not yet formed from the issue’s opening price.
| GMP Date | GMP | Est. Listing Price | Est. Profit | Last updated |
| 29-06-2026 | ₹0 | ₹220(0.00%) | ₹0 | 29-06-2026, 12:23 |
| 28-06-2026 | ₹0 | ₹220(0.00%) | ₹0 | 28-06-2026, 23:32 |
| 27-06-2026 | ₹0 | ₹220(0.00%) | ₹0 | 27-06-2026, 23:32 |
| 26-06-2026 | ₹0 | ₹220(0.00%) | ₹0 | 26-06-2026, 23:35 |
| 25-06-2026 | ₹0 | ₹220(0.00%) | ₹0 | 25-06-2026, 23:33 |
Teja Engineering Industries Reservation
The share allocation across investor categories for this IPO is structured as follows, with the market maker portion set separately from the public offering.
| Investor Category | Offered No. of Shares | Net issue (%) | Total issue(%) |
| Market maker | 85,200 | – | 5.02 |
| NIIs | 8,06,400 | 50.0 | 47.49 |
| Retails | 8,06,400 | 50.0 | 47.49 |
| Total | 16,98,000 | 100 | 100 |
Teja Engineering Industries IPO Lot Sizes
The investment thresholds for different applicant categories are outlined below to help investors plan their bids accordingly.
| Application | Lot | Shares | Amount in ₹ |
| Individual Investor IND (Min) | 2 | 1,200 | 2,64,000 |
| Individual Investor IND (Max) | 2 | 1,200 | 2,64,000 |
| HNI (Min) | 3 | 1,800 | 3,96,000 |
Teja Engineering Industries IPO Prospectus
The available prospectus of Teja Engineering Industries IPO is mentioned below.
About Teja Engineering Industries Ltd.
Teja Engineering Industries Limited, incorporated in 2023, delivers engineering, installation, and project management services for the oil and gas, power, and energy industries. Its service portfolio includes Annual Maintenance Contracts (AMC), Comprehensive Maintenance Contracts (CMC), Operations and Maintenance (O&M), equipment installation, commissioning, and complete end-to-end engineering project execution. The company is involved in developing, commissioning, operating, and maintaining natural gas compression systems and CNG infrastructure in several regions of India. It carries quality management, environmental management, and Health and safety certifications.
Promoters:
- Srinivasarao Vakalapudi
- Suryakumari Vakalapudi
| Book Runner | Interactive Financial Services Ltd. |
| Issue Registrar | KFin Technologies Ltd. |
Purpose of Teja Engineering Industries IPO
The company intends to deploy the funds raised through this public issue toward specific operational and strategic goals, as detailed in the table below.
| Particulars | Amount in ₹ Crores |
| To purchase machineries | 18.01 |
| For Working Capital | 9.26 |
| General Corporate Purpose | 5.50 |
| Total | 32.77 |
Teja Engineering Industries Ltd.- Strengths and benefits
- Network across the nation: The company is active across 15 states in India. This wide network of services across the country gives the company resistance against regional declines and provides opportunities to capture upcoming infrastructure projects.
- Expertise in its domain: While the company was incorporated, the underlying business has been operational for over two decades through the proprietorship firm. This translates into significant expertise, established customer relationships, and proven track record that new competitors might find challenging.
- Improving financial statement: The company’s revenue and net profit showed substantial growth in the last few financial years, reflecting healthy operations and disciplined finance management.
Teja Engineering Industries Ltd.- Risks and limitations
- Revenue heavily depends on the energy sector: Company’s revenue is directly connected to decisions by energy companies, PSUs, and city gas distribution networks. Any decline in government infrastructure funding, policy changes, or delays in CGD rollout could impact the company’s entire finances.
- High working capital intensity: The company requires a significant amount of working capital to fund its operations, before payments are received from customers. Excessive borrowings and working capital requirements are a structural feature of this business model.
- Relatively short corporate record: The company has existed only since September 2023. Although the underlying business is older, institutional investors and analysts have limited audited financial history to evaluate the company’s long-term performance.
Teja Engineering Industries IPO Review
Teja Engineering Industries enters the public markets as a service-driven engineering company operating in India. The company is well-aligned with India’s vision to expand its natural gas distribution network, with the government actively expanding CGD licences across multiple geographical areas and enhancing significant growth in CNG infrastructure in the future.
The revenue nearly doubled year-on-year in FY2025, and profitability improved simultaneously, indicating efficient performance of the business. Investors who are comfortable with SME-specific liquidity risks may find the company’s valuations reasonable and its fundamentals credible. Traders seeking for listing gains may want to wait for more clear GMP signals closer to the subscription date.
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Teja Engineering Industries FAQs
The Teja Engineering Industries IPO is an SME fixed-price public issue through which the company plans to raise capital for business expansion. The issue consists of a fresh issue of 16,98,000 equity shares at a fixed price of ₹220 per share. The IPO will be listed on the NSE SME platform after the completion of the allotment process.
Investors can apply for the Teja Engineering Industries IPO through their registered stockbroker or by using the ASBA facility provided by their bank. Applications can also be submitted through online trading platforms that support IPO investments.
The Teja Engineering Industries IPO may appeal to investors looking for exposure to the engineering and energy infrastructure sector. The company has reported strong revenue and profit growth in recent years and operates across multiple Indian states. However, investors should also consider factors such as its dependence on the energy sector, working capital requirements, and the risks associated with SME-listed companies before making an investment decision.
The Teja Engineering Industries IPO will open for subscription on 30 June 2026 and will remain open until 2 July 2026.
The minimum application lot for the Teja Engineering Industries IPO is 600 shares. Retail investors are required to apply for 2 lots (1,200 shares).
The basis of allotment for the Teja Engineering Industries IPO is expected to be finalized on 3 July 2026.
The Teja Engineering Industries IPO is tentatively scheduled to be listed on the NSE SME platform on 7 July 2026.
