IPO Market — India IPO tracker

Teja Engineering Industries IPO

LISTEDSMESME IPO Dashboard →NEUTRAL

Listing 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 Jun 2026
Close Date
02 Jul 2026
Min Investment
₹1,32,000
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Teja Engineering Industries — Live Stock Performance

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

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.

Founded2002
HQBharuch, Gujarat
Employees1,950
CustomersB2B
CIN: U33122GJ2023PLC140188Registered Office: A/14 Shantiniketan Society, N/r Shravan Chokdi, Bharuch, Gujarat, India-392001Face Value: ₹10www.tejaengineering.com

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.

📊 Algorithmic Score

Computed from issue structure — GMP, fresh issue %, OFS %, issue size

Why do these differ? The Algorithmic Score measures issue quality (structure, size, promoter commitment). The Demand Analysis measures investor interest signals (subscription, GMP, risks). A high-quality issue can still have unconfirmed demand — especially before subscription opens.

✍️ Demand & Risk Analysis

Based on market demand signals — subscription, GMP trend, risk factors

IPO Market Analysis

NEUTRALHigh confidence

Mixed signals — moderate demand and average GMP suggest cautious participation. Apply based on company fundamentals rather than listing gain expectations.

  • Subscribed 1.1x
  • ⚠️Neutral GMP +1%
  • ⚠️6 risk factors noted

This is algorithmic analysis, not investment advice. Always read the DRHP before investing.

IPO Details

RegistrarKFin Technologies Limited
ExchangeNSE SME
ISIN
Face Value
Issue Size₹37.35 Cr
Fresh Issue
OFS Size
Lead ManagersInteractive Financial Services Limited

Company Fundamentals

11 sections extracted from this filing

Capital 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 Shares0

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%
Total+100.01%

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

Key Competitors
OEM suppliersengineering service providersturnkey solution companiesmultinational corporationslarge domestic firmsspecialized service providers

Industry figures as stated in Teja Engineering Industries's offer document.

Use of IPO Proceeds

Funding Capital Expenditure requirements for the purchase of equipment/machineriescapexFY 2025-26 and FY 2026-27₹18.06 Cr(66.1%)
Funding the Working Capital requirementworking capitalFY 2025-26 and FY 2026-27₹9.26 Cr(33.9%)
General corporate purposesgeneral corporate(0.0%)

Total allocation: ₹27.32 Cr (excludes issue expenses)

Promoters

Srinivasarao Vakalapudi

Chairman and Managing Director · age 56

Suryakumari Vakalapudi

Whole Time Director · age 46

Application Lot Sizes

Retail caps at ₹2,00,000 (13 lots here). S-HNI is ₹2L–₹10L, B-HNI is above ₹10L.

CategoryLotsSharesAmount
Retail (min)16001,32,000
Retail (max)137,80017,16,000
S-HNI (min)148,40018,48,000
S-HNI (max)6639,60087,12,000
B-HNI (min)6740,20088,44,000

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).

3-Year Financial Summary

Revenue trend

FY23FY25

Fiscal YearRevenue (₹Cr)PAT (₹Cr)EPSP/EROE
FY2555.224.028.8042.44%
FY2431.622.16
FY2324.581.27

Detailed Line Items (₹ Cr)

Line ItemFY23FY24FY25
Total Income24.5831.6255.23
EBITDA2.793.746.86

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

Subscription Status

Overall subscription1.11x(Day 3)
Updated 40 days ago
CategoryDay 1Day 2Day 3
QIB
sNII (S-HNI)
bNII (B-HNI)
Retail0.01x0.08x0.32x
Total0.06x0.37x1.11x

Colour: red <1x · green 1–5x · blue 5–10x · orange >10x.

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

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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. Use the Apply Now buttons on this page to go directly to the broker.

What is the expected listing price of Teja Engineering Industries IPO?

Based on the current GMP of ₹3, the expected listing price of Teja Engineering Industries is ₹223 (issue price ₹220 + GMP ₹3). Note that GMP is unofficial grey market data and actual listing price may differ.

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.

Should I subscribe to Teja Engineering Industries IPO?

Based on our algorithmic analysis, Teja Engineering Industries IPO is rated NEUTRAL with high confidence. Mixed signals — moderate demand and average GMP suggest cautious participation. Apply based on company fundamentals rather than listing gain expectations. This is not investment advice — please read the DRHP and consult a financial advisor before investing.

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Financial Disclaimer: The information on this page is for educational purposes only and does not constitute investment advice. IPO investments are subject to market risks. Grey Market Premium (GMP) figures are unofficial and not endorsed by SEBI, NSE, or BSE. Past performance is not indicative of future returns. Please read the RHP and consult a SEBI-registered advisor before investing.