Teja Engineering Industries Summary
Teja Engineering Industries Limited (TEIL) is a Gujarat based national engineering solutions company set up in the year 2023 and operates in the Oil & Gas, Power, and Energy industries. It offers lifecycle engineering services including Operations & Maintenance (O&M), Erection & Commissioning (E&C), Annual Maintenance Contract (AMC), Comprehensive Maintenance Contracts (CMC), instrument calibration, overhauling, terminal hook-up, decommissioning, and recommissioning. TEIL has expertise in design and maintenance of natural gas compression plants and CNG infrastructure, and the company is also an authorized service provider for the internationally acclaimed manufacturer of safety relief valves. Over 300 CNG compressor plant projects have been executed by the company and also offers O&M of more than 550 units in 15 different states of India which include Gujarat, Maharashtra, Telangana, Tamil Nadu, and West Bengal. As on 31st May 2026, the company had an employee strength of 2,927.
Teja Engineering Industries NSE SME IPO is a book-built issue of 16,98,000 equity shares (face value ₹10 each) aggregating up to ₹37.36 Cr, priced at ₹220 per share (fixed price), opening June 30, 2026 and closing July 2, 2026, with a tentative listing date of July 7, 2026 on NSE SME. The book running lead manager is Interactive Financial Services Ltd. and the registrar is KFin Technologies Limited.
Teja Engineering Industries IPO Details:
Teja Engineering Industries Limited Issue Management:
Interactive Financial Services Ltd. (Office No. 508, Fifth Floor, Priviera, Nehru Nagar, Ahmedabad – 380 015, Gujarat | Tel: 079 4908 8019 | Email: info@ifinservices.in | Website: www.ifinservices.in) acts as the book-running lead manager for Teja Engineering Industries NSE SME IPO, managing underwriting and compliance.
Teja Engineering Industries Limited IPO RTA (Registrar) Details:
KFin Technologies Limited handles allotment, refunds, and demat credits - contact at 04067162222, 04079611000 or teja.ipo@kfintech.com.
Teja Engineering Industries Limited IPO Allotment Status:
To check your IPO allotment status:
Visit the KFin Technologies Limited IPO Application Status page.
Select the company name from the dropdown menu.
Select and enter PAN, Application Number, DP/Client ID, or Account Number/IFSC.
Click Submit to view your allotment status.
Teja Engineering Industries IPO comprises a total issue size of 16,98,000 shares, entirely a fresh issue with no OFS component. Net offer to the public is 16,12,800 shares after excluding 85,200 market maker shares.
Teja Engineering Industries Limited IPO proceeds from the fresh issue will be deployed towards:
Teja Engineering IPO offers 16,98,000 total shares. Net offer to the public is 16,12,800 shares after excluding 85,200 market maker shares. As per the allocation: NII: 8,06,400 shares (47.49%); RII: 8,06,400 shares (47.49%); Market Maker: 85,200 shares (5.02%). Minimum retail application is 2 lots (1,200 shares) at ₹2,64,000.
The anchor bidding for Teja Engineering Industries Limited NSE SME IPO is scheduled for June 27, 2026, one working day before the issue opens on June 30, 2026. Anchor investors will be allotted shares from the QIB/anchor portion as per standard NSE SME IPO structure.
Lock-in: The anchor allocation follows standard SME IPO norms, where 50% of anchor shares are locked in for 30 days and the remaining 50% for 90 days from the listing date of July 7, 2026 on NSE SME.
Interactive Financial Services Ltd. is the BRLM and KFin Technologies Limited (Market Maker: Aftertrade Broking Pvt. Ltd.) is the registrar. Company contact: Teja Engineering Industries Limited, A/14 Shantiniketan Society, Nr. Shravan Chokdi, Bharuch, Gujarat – 392001 | Tel: 02642-239705 | Email: info@tejaengineering.com.
Earnings made by Teja Engineering Industries Limited are from offering project management and engineering consultancy services in the fields of Oil & Gas, Power and Energy, which includes Annual Maintenance Contracts (AMC), Comprehensive Maintenance Contracts (CMC), Operation & Maintenance (O&M), Erection & Commissioning, turnkey projects, natural gas compressor stations and CNG stations throughout their commissioning and operational life.
Considering the performance dimension vis-a-vis finance, there have been gains as the revenue has increased from ₹31.62 crore during FY2024 to ₹55.22 crore during FY2025. In addition to this, the PAT for the company has also increased from ₹2.16 crore in FY2024 to ₹4.02 crore in FY2025. Coming to Operating Profit, it is ₹3.74 crore during FY2024 and ₹6.85 crore during FY2025. It should be mentioned that the margins were good as the Operating Profit Margin was 11.83% during FY2024 and 12.40% during FY2025. The ROE and ROCE of the company have been very good, as the figures were 41.3% and 33.8% respectively. When it comes to the equity position of the firm, there has been growth indicating capital accumulation through retained earnings as the firm is generating profits.
Action Links:
To apply for Teja Engineering Industries Limited IPO, open a demat account here
Teja Engineering Industries Limited IPO Subscription Status: Check live subscription here
Teja Engineering Industries Limited IPO GMP Update: Check latest grey market premium here
Teja Engineering Industries Key Highlights:
Teja Engineering Industries Limited is a Bharuch-headquartered pan-Indian O&M engineering services firm catering to Oil & Gas, Power and Energy sectors. The company has undertaken over 300 CNG compressor station projects and operates O&M of over 550 stations across 15 states. Also, it is an authorised service provider for an internationally acclaimed safety relief valve maker. As on May 31, 2026, the company had a strength of 2,927 professionals. Service-oriented light asset model with AMC/CMC recurring agreements makes the firm well positioned to capitalise on India’s growing gas distribution network/CNG stations. Promoters: Srinivasarao Vakalapudi & Suryakumari Vakalapudi. Market Maker: Aftertrade Broking Pvt. Ltd.
Some of the advantages of Teja Engineering Ltd. are its specialization in manufacturing precision engineered automobile and industrial components, such as engine parts, transmissions components, fasteners, and machine parts; wide range of applications in automobile original equipment manufacturers, two-wheelers, light commercial vehicles, and industrial machines; business connections with buyers of automobile components and Tier-1 suppliers; capacity for machining and quality checks; and expertise in precision engineering industry.
Teja Engineering Industries Risk Factors:
The risks of Teja Engineering Industries Limited IPO are mentioned below:
Risk Due to Being Young Company: TEIL was incorporated only in 2023, making its history very short. Thus there is little history to analyse the company's performance.
Industry Cyclicality Risk: The business relies on huge capital spending and project spending in energy, Oil & Gas, and CNG industries. Any policy change in government, cutting of budget allocation, or cut in capex by CGD companies would affect order inflow.
Working Capital Requirement: Engineering services business that takes a long time for project execution requires huge working capital. Delay in payment by customers (CGD companies/PSUs) could affect liquidity.
Projects Concentration Risk: The income is based on O&M projects with a limited number of gas distribution and CNG companies. Any loss of the project would affect income.
Utilization Risk: The proposed capital expenditure of ₹18.05 Cr for equipment purchase has utilization risk – the income is dependent on successful utilization of new equipment.
Risks associated with being listed on NSE SME: Since it will be listed on NSE SME stock, the liquidity risk will be high after listing.
Teja Engineering Industries Expert Analysis:
Teja Engineering Industries NSE SME book-built IPO is priced at ₹220 per share (face value ₹10), aggregating up to ₹37.36 Cr, entirely a fresh issue with no OFS component.
Basic details of the IPO:
Type of IPO: Book-built SME IPO (NSE SME)
Uses of funds: Capital expenditure for purchase of equipment/machinery (₹18.05 Cr) and general corporate purposes
Anchor bidding: June 27, 2026 | Opens: June 30, 2026 | Closes: July 2, 2026 | Allotment: July 3, 2026 | Listing: July 7, 2026 (NSE SME)
Lead Manager: Interactive Financial Services Ltd. | Registrar: KFin Technologies Ltd.
Expert View on the IPO:
Teja Engineering Industries is positioned in the niche, yet important, engineering services sector which works towards expanding the CNG network and gas infrastructure development in India. The model where there are 550+ repeat O&M contracts in 15 states creates visibility regarding revenue. Since the money from the IPO will go towards buying machinery, it is an appropriate use of funds because Teja Engineering is asset-light in nature and needs to have a fleet for growth. Nonetheless, the firm was established only in 2023, which means that its track record is limited.
Should you invest in Teja Engineering Industries?
Good investment for mid- to long-term investors looking to gain exposure to India's growing ecosystem of gas distribution and CNG infrastructure through a dedicated O&M engineering services company. Caution advised for conservative investors given the relatively short operating history and liquidity issues in NSE SME.
Consider investing when:
Looking for India CNG infrastructure and energy services growth story with recurring O&M contracts, pan-India execution capability, and growth through equipment expansion.
Unconcerned about the illiquidity of NSE SME and the project-oriented, capital-intensive nature of engineering O&M services.
Do not invest when:
Risk averse regarding the very short operating history of the company (incorporated in 2023), concentration risk in projects, and cyclicality of capex in the CNG industry.
Looking for a longer operating history, diversified revenue sources, or less working capital intensive business model.
Investors are advised to exercise discretion and refer to the full DRHP/RHP document before reaching any investment decision. This analysis is for informative purposes and not investment advice.
Action Links:
To apply for Teja Engineering Industries Limited IPO, open a demat account here
Teja Engineering Industries Limited IPO Subscription Status: Check live subscription here
Teja Engineering Industries Limited IPO GMP Update: Check latest grey market premium here
1. What is the Teja Engineering Industries Limited IPO open and close date?
Teja Engineering Industries NSE SME IPO opens on June 30, 2026 and closes on July 2, 2026. Allotment is on July 3, refunds and demat credit on July 6, and tentative listing on NSE SME is July 7, 2026.
Track Teja Engineering Industries Limited IPO subscription status live here from Finnpick.
2. What is the Teja Engineering Industries Limited IPO price band and lot size?
The IPO is priced at ₹220 per share (face value ₹10). Minimum retail application is 2 lots (1,200 shares) amounting to ₹2,64,000.
3. What is Teja Engineering Industries Limited IPO total size?
Teja Engineering Industries IPO is an NSE SME IPO of 16,98,000 equity shares aggregating up to ₹37.36 Cr, entirely a fresh issue with no OFS component.
4. How to apply for the Teja Engineering Industries Limited IPO?
Open a demat here (Zerodha/Upstox/AngelOne) or apply ASBA by July 2, 4 PM. Monitor Teja Engineering Industries Limited IPO subscription tracker here. Ensure your demat account is active and UPI mandate is approved before the closing time.
5. How to check Teja Engineering Industries Limited IPO Allotment Status?
The allotment date is on July 3, 2026. Check allotment on KFin Technologies Ltd. portal at kfintech.com or by emailing teja.ipo@kfintech.com using PAN, Application Number, or DP/Client ID.
6. What is Teja Engineering Industries Limited IPO GMP today and subscription status?
Current Grey Market Premium (GMP) stands at ₹0 as of July 28, indicating listing at the price range of ₹220 - check daily updates of Teja Engineering Industries Limited IPO GMP trends here and live subscription status here from June 30th opening only on Finnpick.
7. What does Teja Engineering Industries Limited specialize in?
Teja Engineering Industries Limited is a pan-India O&M engineering services company serving Oil & Gas, Power, and Energy sectors. It has executed 300+ CNG compressor station projects and manages O&M for 550+ units across 15 states. It is also an authorised service provider for safety relief valve manufacturers.
8. When is the Teja Engineering Industries Limited IPO listing date?
The IPO is scheduled to list on NSE SME on July 7, 2026. Allotment on July 3, refunds and demat credits on July 6, 2026.
9. What are the Teja Engineering Industries Limited IPO proceeds utilization details?
The IPO proceeds of ₹37.36 Cr will be primarily utilised for capital expenditure towards purchase of equipment and machinery (₹18.05 Cr) and general corporate purposes.
10. Who are the promoters of Teja Engineering Industries Limited?
The promoters of Teja Engineering Industries Limited are Srinivasarao Vakalapudi and Suryakumari Vakalapudi. The company is headquartered at A/14 Shantiniketan Society, Nr. Shravan Chokdi, Bharuch, Gujarat – 392001.
11. Should I apply for the Teja Engineering Industries IPO?
You may consider applying if you are comfortable with a niche O&M engineering services company supporting India's CNG infrastructure with 300+ projects executed and 550+ units under management across 15 states. Avoid risk-averse about the company's short operating history (incorporated 2023), project concentration, and NSE SME liquidity constraints. Read the RHP and consult a SEBI-registered advisor before investing.
