Teja Engineering Industries IPO
LISTEDSMEListing Performance
Listed
Issue Price
₹220
Listed On
07 Jul 2026
- Price Band
- ₹220 – ₹220
- Lot Size
- 600
- Lot Value
- ₹1,32,000
- Open Date
- 30 Jun30 Jun 2026
- Close Date
- 02 Jul02 Jul 2026
- Min Investment
- ₹1,32,000
Teja Engineering Industries — Stock Performance
About Teja Engineering Industries
Teja Engineering Industries Limited provides engineering services in the natural gas sector, including erection & commissioning, operation & maintenance, and gas compression solutions. The company acquired the proprietorship firm M/s Teja Engineering Services in July 2023 and was converted to a public limited company in September 2023.
Revenue is primarily derived from Operations & Maintenance (O&M) services for natural gas infrastructure, gas compression solutions, CNG station setup on turnkey basis, valve testing and maintenance, and calibration services.
Use of IPO Proceeds
Total allocation: ₹27.32 Cr (excludes issue expenses)
Promoters
Srinivasarao Vakalapudi
Chairman and Managing Director · age 56
Suryakumari Vakalapudi
Whole Time Director · age 46
Investment Analysis
Risk Factors (6)
- •Failure to meet client work order standards could result in service shortfalls, contract termination, and compensation payments.
- •No formal market exists for shares; listing may fail or delay, restricting ability to dispose of equity shares.
- •Share price may be highly volatile with no guarantee of active trading market or sustained liquidity post-listing.
- •Circuit breakers on stock exchange limit daily price movements, restricting ability to sell shares at desired prices.
- •Changes in political or administrative decisions may impact ability to service contracts with PSUs or government entities.
- •Current valuations may not be sustainable; future valuations may differ significantly from valuation at issue price.
Demand snapshot
Subscription and grey market data as reported. Not a recommendation.
- Subscribed 1.11x (NII 1.29x, Retail 0.32x) at close
Application Lot Sizes
Retail caps at ₹2,00,000 (1 lots here). S-HNI is ₹2L–₹10L, B-HNI is above ₹10L.
| Category | Lots | Shares | Amount |
|---|---|---|---|
| Retail (min) | 1 | 600 | ₹1,32,000 |
| Retail (max) | 1 | 600 | ₹1,32,000 |
| S-HNI (min) | 2 | 1,200 | ₹2,64,000 |
| S-HNI (max) | 7 | 4,200 | ₹9,24,000 |
| B-HNI (min) | 8 | 4,800 | ₹10,56,000 |
Subscription Status
| Category | Day 1 | Day 2 | Day 3 |
|---|---|---|---|
| QIB | — | — | — |
| sNII (S-HNI) | — | — | — |
| bNII (B-HNI) | — | — | — |
| Retail | 0.01x | 0.08x | 0.32x |
| Total | 0.06x | 0.37x | 1.11x |
Colour: red <1x · amber 1–10x · green ≥10x oversubscribed.
Allotment Statistics
Retail Individual Investors (RII)
Subscription
0.32x
Allotment Ratio
Full allotment
Allotment Probability
~100.0%
Non-Institutional Investors (NII / HNI)
Subscription
1.29x
Allotment Type
Proportionate allotment
Total Subscription
1.11x
Allotment probability is estimated based on subscription data and is not guaranteed. Actual allotment depends on the registrar's process.
Basis of Allotment
Category-wise subscription & allotment ratio
Weigh your chances
IPO Timeline
Issue Opens
30 Jun 2026 · Tue
Issue Closes
02 Jul 2026 · Thu
Bidding Cut-off (UPI Mandate)
02 Jul 2026 · 5:00 PM IST
Allotment
03 Jul 2026 · Fri
Listing
07 Jul 2026 · Tue
Issue Opens
30 Jun 2026 · Tue
Issue Closes
02 Jul 2026 · Thu
Bidding Cut-off (UPI Mandate)
02 Jul 2026 · 5:00 PM IST
Allotment
03 Jul 2026 · Fri
Listing
07 Jul 2026 · Tue
IPO Details
| Registrar | KFin Technologies Limited |
| Exchange | NSE SME |
| ISIN | — |
| Face Value | — |
| Issue Size | ₹37.35 Cr |
| Fresh Issue | — |
| OFS Size | — |
| Lead Managers | Interactive Financial Services Limited |
3-Year Financial Summary
Revenue trend
↑ FY23→FY25
| Fiscal Year | Revenue (₹Cr) | PAT (₹Cr) | EPS | P/E | ROE |
|---|---|---|---|---|---|
| FY25 | 55.22 | 4.02 | 8.80 | — | 42.44% |
| FY24 | 31.62 | 2.16 | — | — | — |
| FY23 | 24.58 | 1.27 | — | — | — |
Detailed Line Items (₹ Cr)
| Line Item | FY23 | FY24 | FY25 |
|---|---|---|---|
| Total Income | 24.58 | 31.62 | 55.23 |
| EBITDA | 2.79 | 3.74 | 6.86 |
From the company's offer document (DRHP/RHP); restated figures where available.
Valuation at Issue Price
Issue P/E
25.0x
Price ÷ EPS
EPS (FY25)
₹9
Earnings per share
RoNW
42.44%
Return on net worth
ROCE
26.14%
as reported in filing
EBITDA margin
12.4%
EBITDA ÷ revenue
Price/NAV
—
NAV not in abridged DRHP
Check the valuation yourself
Company Fundamentals
11 sections extracted from this filingCapital Structure
| Authorised Capital | — |
| Issued Capital | ₹0.47 Cr |
| Paid-up Capital | ₹0.47 Cr |
| Equity Shares (Pre-Issue) | 47,19,300 |
| Equity Shares (Post-Issue) | — |
| Preference Shares | 0 |
Source: Teja Engineering Industries offer document (DRHP/RHP).
Shareholding Pattern
Pre-Issue
- Srinivasarao Vakalapudi(Promoter)+91.32%
- Suryakumari Vakalapudi(Promoter)+0.01%
- Tejaswi Vakalapudi(Promoter Group)+0.00%
- Amulya Vakalapudi(Promoter Group)+0.00%
- Ramu Vakalapudi(Promoter Group)+0.00%
- Bharat Hasmukhlal Valand(Public)+1.06%
- Kaushik Bhupatrai Joshi(Public)+3.18%
- Kiran Krishnakant Majmudar(Public)+1.33%
- Parul Nileshkumar Shah(Public)+1.23%
- Meghdoot Leisure LLP(Public)+1.33%
- Mitesh Harendrakumar Pandya(Public)+0.11%
- Jatinkumar Rameshbhai Patel(Public)+0.11%
- Hiralben Jatinkumar Patel(Public)+0.11%
- Ami Pranav Pandya(Public)+0.11%
- Urvashi Sandip Dave(Public)+0.11%
- Kiran Kumar Pamula(Public)+0.00%
- Vidiyala Navya Vasantha Lakshmi(Public)+0.00%
- Devi Kishore Carasala(Public)+0.00%
Post-Issue
- Promoter—
- Promoter Group—
- Public—
- IPO(Other)—
Source: Teja Engineering Industries offer document (DRHP/RHP).
Reservations & OFS
Investor Reservation
Reservation split not disclosed in this filing.Not disclosed in Teja Engineering Industries's filing.
OFS Selling Shareholders
No offer-for-sale component (or sellers not disclosed).
Source: Teja Engineering Industries offer document (DRHP/RHP).
Board & Management
Board of Directors (5)
- Srinivasarao Vakalapudi
Chairman, Managing Director & Promoter
Diploma in Mechanical Engineering
32 years in Oil & Gas Sector and engineering works; founder of Teja Engineering Services in 2002
- Suryakumari Vakalapudi
Whole-time Director & Promoter
Matriculated
5 years in business operations and management
- Vidiyala Navya Vasantha Lakshmi
Non-Executive Director
Bachelor of Technology (Computer Science and Engineering)
2 years in Information Technology
- Josna Pamula
Independent Director
Bachelor of Arts & Master of Arts (Social Work)
2 years in business; project management from planning to execution
- Mehul Hingu
Independent Director
Bachelor of Commerce
More than 18 years of professional experience in accounting and management
Key Managerial Personnel (2)
- Deepak Kumar Laddha₹0.03 Cr p.a.
Company Secretary and Compliance Officer
Bachelor of Commerce, ICSI Associate Member
4 years 3 months; previous roles in compliance and company secretarial work
- Mohammad Vajid Shaikh₹0.01 Cr p.a.
Chief Financial Officer
Bachelor of Commerce
10 years in finance and accounting
Source: Teja Engineering Industries offer document (DRHP/RHP).
Industry & Market
Industry figures as stated in Teja Engineering Industries's offer document.
Registrar (RTA)
SEBI-registered Registrar & Transfer Agent — handles allotment and refunds.
Registrar:KFin Technologies Limited→Lead Managers (BRLMs)
Click any merchant banker for their full IPO track record (positive listing rate, average gain, IPOs managed).
Documents
Frequently Asked Questions
When is the Teja Engineering Industries IPO opening?
The Teja Engineering Industries IPO opens on 30 Jun 2026 and closes on 02 Jul 2026. Check this page for the latest updates as we refresh every 30 minutes.
What is the price band of the Teja Engineering Industries IPO?
The price band for the Teja Engineering Industries IPO is ₹220 to ₹220. The final price is announced after the book-building process and is confirmed before listing.
What is the lot size and minimum investment for the Teja Engineering Industries IPO?
The minimum lot size is 600 shares with a minimum investment of ₹1,32,000. Retail investors can apply for up to the retail limit defined by SEBI.
What is the GMP of Teja Engineering Industries IPO today?
The latest Grey Market Premium for Teja Engineering Industries is ₹3 (+1.40%). GMP is unofficial data and is not a guarantee of listing price.
When will the Teja Engineering Industries IPO list on NSE and BSE?
The Teja Engineering Industries IPO is expected to list on 07 Jul 2026 on NSE SME. Actual listing day trading begins at the start of the normal market session.
How can I check the Teja Engineering Industries IPO allotment status?
The registrar for this IPO is KFin Technologies Limited. You can check your allotment status on the registrar's portal using your PAN, application number, or DP ID. We link to the registrar directly on our allotment page after the allotment date.
Is the Teja Engineering Industries IPO a mainboard or SME issue?
Teja Engineering Industries is a SME IPO that will list on the NSE Emerge or BSE SME platform. SME IPOs require a minimum application value of one lakh rupees.
How do I apply for the Teja Engineering Industries IPO?
You can apply for the Teja Engineering Industries IPO through any SEBI-registered broker such as Zerodha, Upstox, or Angel One using UPI or ASBA while the issue is open for bidding.
What is the GMP-implied price of Teja Engineering Industries IPO?
The GMP-implied price (unofficial, not a forecast) is ₹223: the upper price band of ₹220 plus the latest grey market premium of ₹3, as of 28 Sep 2026, 01:00 PM IST. GMP is unofficial grey market data, and the actual listing price can differ from it.
What is the allotment ratio for Teja Engineering Industries IPO?
Based on the retail subscription of 0.32x, all retail applicants are expected to receive full allotment for the Teja Engineering Industries IPO.
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