
Teja Engineering Industries Ltd (NSE SME)
1. Teja Engineering Industries Ltd (NSE SME) IPO Details
The bidding for the IPO starts next Tuesday, Jun 30, 2026, and ends on Jul 02, 2026. The allotment is expected to be finalized on Jul 03, 2026. The company will list on the NSE SME platform, with a tentative listing date fixed as Jul 07, 2026.
The issue price is set fixed at ₹220 per share. The lot size for an application is 600 shares, but the minimum application for retail investors is 2 lots (1,200 shares). The minimum amount of investment required by a retail investor is ₹2,64,000.
Grey Market Premium
Estimated listing gains (Live)
IPO Reservation
| Category | Shares Offered | % |
|---|---|---|
| HNI | 806400 | 47.49% |
| INDIVIDUAL | 806400 | 47.49% |
| Market Maker | 85200 | 5.02% |
| Total | 1698000 | 100% |
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| P/E Ratio |
| Exchange | Listing Price | Gain/Loss | % |
|---|---|---|---|
| NSE | ₹418.00 | +₹198.00 | +90.00% |
| Category | Lot(s) | Qty | Amount | Reserved |
|---|---|---|---|---|
| INDIVIDUAL | 2 | 1200 | 264000 | 672 |
| HNI | 3 | 1800 | 396000 | 448 |
2. About Teja Engineering Industries Ltd (NSE SME)
Incorporated in 2023 (after acquiring the legacy business of a proprietorship firm active since 2002) and based out of Bharuch, Gujarat, Teja Engineering Industries Limited is an engineering solutions provider. The company specializes in delivering critical assistance, operation, and support services to the Oil and Gas, Power, and Energy sectors.
Business Verticals
CNG Station Engineering: Specializing in designing, installing, testing, commissioning, and maintaining high-performance natural gas compression systems.
Operations & Maintenance (O&M): Managing long-term O&M contracts for industrial gas engines, generators, utilities, cooling towers, and multi-stage air compressors across multiple states.
Turnkey Infrastructure Execution: Fabricating, erecting, and commissioning complex industrial pipelines and instrumentation structures.
Track Record
Revenue Performance: Total operational income scaled significantly, rising from ₹31.62 Cr in FY24 to ₹55.23 Cr for the fiscal year ended March 31, 2025.
Profitability: Net profit (PAT) clocked substantial momentum, expanding from ₹2.16 Cr in FY24 to ₹4.02 Cr in FY25.
Project Footprint: Successfully completed over 300 CNG compressor station projects and actively manages operations for over 550 utility setups spanning 15 Indian states.
Teja Engineering Industries Ltd IPO Allotment Status
The allotment is scheduled to be finalized on July 03, 2026.
Check Teja Engineering Allotment Status
To check your status online, visit the official assigned registrar portal or look up updates through the exchange interface:
You can verify your status via:
Registrar's website (KFin Technologies Limited)
NSE official SME tracking portal
Using your PAN number, Application ID, or DP ID/Client ID
Strengths
Asset-Light Operational Architecture: Focuses heavily on recurring, long-term technical O&M and maintenance contracts, offering higher predictability for revenue models.
Strong Client Associations: Longstanding strategic business relationships with leading public and private enterprises active in the national energy pipeline infrastructure ecosystem.
Excellent Capital Metrics: Boasts high return efficiency parameters, reporting a Return on Net Worth (RoNW) of 32.11% and a low Debt-to-Equity configuration tracking at 0.27x as of late 2025.
Weaknesses
Sector Concentration Risk: Aggregate income channels depend directly on continuous policy expansions, capital budgets, and public investments within the Oil & Gas and Power domains.
Human Resource Dependencies: Requires maintaining an elite squad of certified engineering technicians and on-site operators, making margins vulnerable to local technical wage adjustments.
How the Company Will Use IPO Money
The fresh issue proceeds (₹37.36 Cr) will be utilized for:
Capital Expenditure: Funding critical infrastructure rollouts and the procurement of advanced automated engineering equipment and high-capacity machinery (₹18.06 Cr).
Working Capital Requirements: Allocation toward managing daily operational capital pipelines to service new long-term commercial contracts (₹9.26 Cr).
General Corporate Purposes: General corporate administration, expanding localized service points, and public issue administration expenses.
Lead Manager & Registrar
Lead Manager: Interactive Financial Services Ltd
Market Maker: Aftertrade Broking Pvt. Ltd.
Registrar: KFin Technologies Limited
Phone: 040-67162222
Email: teja.ipo@kfintech.com
DIPAK DANGODARA
I am the founder of India IPO Updates, a platform dedicated to tracking the Indian IPO market since 2024. With a background in digital research and data analysis, I built this platform to simplify IPO tracking covering issue details, live Grey Market Premium (GMP), subscription status, and allotment updates sourced from public exchange data and verified market sources.
I am not an SEBI-registered investment advisor. All GMP and market data shared here is for informational purposes only and should not be considered investment advice. Investors are advised to consult a registered financial advisor before making investment decisions.
