Teja Engineering Industries was incorporated on April 17, 2023. The company provides specialized operation and maintenance, commissioning, calibration, testing, and engineering support services for the oil & gas, power, and energy sectors. With a pan-India presence, it supports CNG stations, gas compression plants, and energy infrastructure through skilled technical manpower and execution expertise
| Bidding Dates |
|---|
| 30 Jun 2026 - 02 Jul 2026 |
| Subscription |
|---|
| 1.06x Oversubscribed |
| Minimum Investment | Minimum Lot | Maximum Lot | Lot Size | Number of Shares | Issue Price | Post Issue Promoter Holding % | Issue Size | IPO Document |
|---|---|---|---|---|---|---|---|---|
| ₹2,64,000 | 2 | 2 | 600 | 1.7 M | ₹220 | 67.17 % | ₹373.6 M | RHP DOC |
Teja Engineering Industries IPO SUBSCRIPTION STATUS
02 Jul '26Teja Engineering Industries IPO overall subscription rate was 1.06 times the total available shares
Teja Engineering Industries IPO retail subscription rate was 0.89 times in the retail segment
Teja Engineering Industries IPO non-institutional investor subscription rate was 1.23 times in the non-institutional investor category
| Day | Retail Individual Investor | HNI (NII) Investors | Qualified Institutional Buyers |
|---|---|---|---|
| Category Reservation | 50% | 50% | - |
02 Jul 2026 (Day 3) | 0.89x | 1.23x | - |
01 Jul 2026 (Day 2) | 0.08x | 0.62x | - |
30 Jun 2026 (Day 1) | 0.01x | 0.1x | - |
Teja Engineering Industries FINANCIALS
| Period | Revenue from Operations (Rs in crore) | Net Profit (Rs in crore) | Cash Flow from Operations (Rs in crore) | Free Cash Flow (Rs in crore) | Margins |
| 9MFY26 | 54.3 | 4.0 | -2.9 | -3.6 | 13.0% |
| FY25 | 55.2 | 4.0 | -0.9 | -2.3 | 12.4% |
| FY24 | 31.6 | 2.2 | -9.1 | -10.6 | 11.8% |
Teja Engineering Industries IPO SUBSCRIPTION STATUS DETAILS
Teja Engineering Industries had 1.7 M shares on offer
Teja Engineering Industries IPO offer price was ₹220
Teja Engineering Industries IPO minimum Investment was ₹264000
Teja Engineering Industries IPO issue size was ₹ 373.6 M
Teja Engineering Industries had a minimum lot size of 600 Shares per application
Teja Engineering Industries NUMBER OF SHARES ON OFFER
Teja Engineering Industries IPO IMPORTANT DATES
| Issue Open Date | 30 Jun 2026 |
| Issue close Date | 02 Jul 2026 |
| Allotment Date | 03 Jul 2026 |
| Refund Date | 06 Jul 2026 |
| Demat Account Credit Date | 06 Jul 2026 |
| Listing Date | 07 Jul 2026 |
| Listing on Exchange(s) | NSE |
| Teja Engineering Industries Allotment Status | Exchange/ Registrar |
Teja Engineering Industries IPO subscription opened on 30 Jun 2026, and closed on 02 Jul 2026
IPO allotment for Teja Engineering Industries was finalized on Friday, 03 Jul 2026
IPO listing for Teja Engineering Industries was on NSE on Tuesday, 07 Jul 2026
Teja Engineering Industries IPO LISTING GAINS
| Issue Price (adjusted) | 220.0 |
| Listing Open Price | 418.0 |
| Listing Close Price | 438.9 |
| Listing Gain% | 90.0% |
| Current Gain% | 174.3% |
Teja Engineering Industries Peer
| Stock | Stock Price | Market Cap (Rs crore) | PE TTM | PEG TTM | PS TTM | ROE% | ROA% | Annual Revenue (Rs crore) | Annual Revenue Growth % | Annual Net Profit (Rs crore) | Annual Net Profit Growth % | EPS TTM | EPS TTM Growth % |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Teja Engineering Industries Ltd. | 603.4 | 387.2 | 61.9 | 1.1 | 4.9 | 33 | 12.1 | 78.3 | 41.8 | 6.3 | 55.7 | 9.7 | 55.7 |
| Larsen & Toubro Ltd. | 4056 | 570643.6 | 34.4 | 7.6 | 2 | 14.7 | 3.6 | 291635 | 12.2 | 16084 | 7 | 117.9 | 4.5 |
| GMR Airports Ltd. | 107.2 | 113192.2 | 645 | 4.5 | 7.6 | -7.1 | 0.3 | 15200.8 | 40.3 | 175.5 | 144.7 | 0.2 | 144.7 |
| Rail Vikas Nigam Ltd. | 233.4 | 48660.2 | 55.6 | -1.8 | 2.4 | 8.9 | 4 | 21187.4 | 1.3 | 874.7 | -31.7 | 4.2 | -31.7 |
| NBCC (India) Ltd. | 95.3 | 25739.1 | 35.7 | 1.1 | 2 | 23.9 | 4.4 | 13195.9 | 7.5 | 720 | 33.1 | 2.7 | 33.1 |
| Kalpataru Projects International Ltd. | 1317.2 | 22494.2 | 21.6 | 0.3 | 0.8 | 13.4 | 3.8 | 27247.9 | 21.8 | 1040 | 77.6 | 60.9 | 77.5 |
Teja Engineering Industries INFORMATION ON IPO ISSUE
About Teja Engineering Industries
Teja Engineering Industries was incorporated on April 17, 2023. The company provides specialized operation and maintenance, commissioning, calibration, testing, and engineering support services for the oil & gas, power, and energy sectors. With a pan-India presence, it supports CNG stations, gas compression plants, and energy infrastructure through skilled technical manpower and execution expertise
Object of the Issue
- Funding capital expenditure requirements for the purchase of equipment/machineries
- Funding the working capital requirements of the company
- General corporate purposes
Teja Engineering Industries - PROMOTERS
| Name |
|---|
| Srinivasarao Vakalapudi |
| Suryakumari Vakalapudi |
Teja Engineering Industries - MANAGEMENT & LEADERSHIP
| Name | Designation |
|---|---|
| Srinivasarao Vakalapudi | Chairman & Managing Director |
| Suryakumari Vakalapudi | Whole-time Director |
| Vidiyala Navya Vasantha Lakshmi | Director |
| Josna Pamula | Independent Director |
| Mehul Hingu | Independent Director |
Teja Engineering Industries Book Running Lead Manager
Interactive Financial Services Limited
mbd@ifinservices.in
Teja Engineering Industries Registrar to the Offer
KFin Technologies Limited
teja.ipo@kfintech.com
Teja Engineering Industries Strengths
Pan India presence
The company has a strong pan-India presence across multiple states, enabling it to deploy skilled manpower and technical expertise for operation and maintenance services at critical energy infrastructure sites. Its geographically diversified operations enhance scalability, reduce dependence on any single region, and strengthen its position as a reliable service provider in the oil & gas and energy sectors
Quality
The company maintains high quality, safety, and operational standards through certified processes, industry accreditations, and rigorous inspection procedures. Its ISO certifications, specialized approvals, and focus on compliance help ensure reliable service delivery and strengthen its reputation as a trusted partner in the oil & gas and power sectors
Client relationship
The company has developed long-standing relationships with a diverse customer base through its quality-focused engineering, operation and maintenance, and specialized service offerings. Its strong execution capabilities, technical expertise, and customer retention focus have helped secure repeat business and establish the company as a trusted partner in the energy and infrastructure sectors
Teja Engineering Industries Risks
Manpower intensive
The company operates a manpower-intensive business that requires substantial working capital to support workforce deployment, project execution, and day-to-day operations. Any shortage of working capital could disrupt service delivery, impact operational efficiency, and adversely affect business growth and financial performance
Depend on operations & maintenance services
A significant portion of the company’s revenue is generated from Operations & Maintenance (O&M) services, making timely customer payments critical to its cash flow and working capital management. Any delay or default in receivables could adversely impact liquidity, increase financing requirements, and affect the company’s financial performance
Hazardous risks
The company undertakes hazardous engineering and construction activities related to CNG stations, gas compression systems, and energy infrastructure, which involve inherent risks of accidents, equipment damage, environmental harm, and operational disruptions. Any such incidents could result in legal liabilities, financial losses, project delays, and adverse impacts on the company’s operations and reputation
IPO FAQs
The promoters of the company are Srinivasarao Vakalapudi and Suryakumari Vakalapudi.
The category allocation of qualified institutional buyers is 0.0%, the category allocation of non individual investors or high networth individuals is 50.0% and for retail investors it is 50.0%.
The price band of the IPO is Rs 220.0 - 220.0.
The IPO application opens on Jun 30, 2026 and closes on Jul 02, 2026.
The minimum lot size for the IPO is 1200. The maximum lot size for the IPO is 1200.
For all category investors, the minimum application amount for this IPO is Rs. 264,000.0, the maximum value for this IPO is Rs 264,000.0.
This IPO will be allotted on Jul 03, 2026.
The refund will be credited to your account on Jul 06, 2026.
The allotted shares will be credited to your demat on Jul 06, 2026.
Teja Engineering Industries Ltd.’s shares listed on the stock exchanges on Jul 07, 2026.