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Teja Engineering IPO

Teja Engineering is a growing engineering services firm that operates across the Oil & Gas, Power, and Energy sectors, with a focus on providing Operations & Maintenance (O&M) services. Tejal Engineering offers a wide range of engineering services, including O&M, Erection & Commissioning (E&C), instrument calibration, overhauling, terminal hook-up, and decommissioning and recommissioning.

IPO GMP

+₹36

+16.36% expected gain

Price Band

₹220

Lot Size

1200 shares

Min Investment

₹2,64,000

Listing Date

July 7, 2026

About Teja Engineering

Company overview, business, and key facts.

Teja Engineering is a growing engineering services firm that operates across the Oil & Gas, Power, and Energy sectors, with a focus on providing Operations & Maintenance (O&M) services. Tejal Engineering offers a wide range of engineering services, including O&M, Erection & Commissioning (E&C), instrument calibration, overhauling, terminal hook-up, and decommissioning and recommissioning.

The company has over 300 CNG compressor station projects and manages O&M services for more than 550 units across 15 states, including Gujarat, Maharashtra, Telangana, Tamil Nadu, and West Bengal. TEIL operates in an asset-light business model and recurring O&M contracts. Moreover, the firm is planning to use the fund of ₹18.05 crore raised from the IPO proceeds to enhance its presence in expanding India’s gas and energy infrastructure market.

Headquarters

Bharuch, Gujarat

Promoters

Srinivasarao Vakalapudi, Suryakumari Vakalpudi

Website

https://www.tejaengineering.com/

IPO Details

Issue TypeFixed Price Issue
Face Value₹10
Price Band₹220
Lot Size1200 shares
Total Issue Size₹37.36 Cr
Fresh Issue₹37.36 Cr
Offer for Sale—
Listing AtNSE SME

Strengths & Risks

Strengths

  • Review: Neutral

Risks

    Financials

    Restated summary financials for the most recent periods.

    PeriodRevenueProfitAssets
    2024₹31.62₹2.16₹20.95
    2025₹55.23₹4.02₹33.09
    Dec 2025₹54.32₹4.00₹48.26

    Figures are indicative and restated for presentation.

    Teja Engineering IPO Key Numbers

    Calculated by IPOLyst from the published offer-document data. These are figures, not buy or sell calls.

    Revenue growth, 2025

    +74.7%

    74.7% a year over the period

    Profit growth, 2025

    +86.1%

    86.1% a year over the period

    Profit margin (PAT)

    7.3%

    EBITDA margin 14.8%

    ROE / ROCE

    15.56% / 18.86%

    As published in the offer document

    Debt to equity

    0.27

    Issue mix

    100% fresh / 0% sale

    Fresh issue goes to the company, offer for sale to selling shareholders

    GMP-implied gain per lot

    ₹43,200

    1200 shares on ₹2,64,000. GMP is unofficial.

    What stands out

    • Profit grew 86.1% in 2025.

    Watch-outs

    • 1 use-of-proceeds item(s) have no disclosed amount.
    Listing price scenarios
    If the current GMP holds₹256.00+16.4%
    If the grey market premium disappears₹220.000%

    Scenarios apply today's grey market premium figures to the upper price band. They are illustrations, not predictions. GMP is unofficial and can be wrong.

    Not yet available for this IPO: GMP history (fewer than 3 data points), post-IPO share count (market cap and P/E not computable), published risk factors.

    IPO Analysis SummaryAI-generated

    A plain-language review of Teja Engineering's financials, valuation and demand, based only on the verified figures above. For information only. It does not recommend whether to apply.

    Teja Engineering IPO Review

    Analysis based on live GMP, subscription, and issue details.

    As of today, Teja Engineering IPO is trading at a grey market premium (GMP) of +₹36 (+16.36% estimated listing gain), indicating positive market sentiment.

    Teja Engineering IPO subscription has closed. The shares are expected to list on July 7, 2026.

    The minimum investment required is ₹2,64,000 for 1200 shares (1 lot). Retail investors can apply at cut-off price for the best chance of allotment.

    Key strengths include: Review: Neutral.

    Disclaimer: IPO GMP is indicative and sourced from the grey market. This is not investment advice. Please consult a SEBI-registered advisor before investing.

    Teja Engineering IPO — Frequently Asked Questions

    What is Teja Engineering IPO GMP today?

    Teja Engineering IPO GMP (grey market premium) today is +₹36, suggesting an estimated listing gain of +16.36%. GMP is indicative and subject to change.

    What is the price band of Teja Engineering IPO?

    The price band for Teja Engineering IPO is ₹220 with a lot size of 1200 shares. The minimum investment required is ₹2,64,000.

    When is Teja Engineering IPO allotment date?

    Teja Engineering IPO allotment is expected to be finalised on July 3, 2026. You can check your allotment status on the registrar's website (Kfin Technologies Ltd.) using your PAN number.

    When will Teja Engineering IPO list on NSE/BSE?

    Teja Engineering IPO is expected to list on NSE SME on July 7, 2026.

    How to check Teja Engineering IPO allotment status?

    To check Teja Engineering IPO allotment status, visit the registrar's website (Kfin Technologies Ltd.) and enter your PAN number, application number, or DP/Client ID. You can also check on the BSE IPO allotment page at https://www.bseindia.com/investors/appli_check.aspx.

    Should I apply for Teja Engineering IPO?

    Teja Engineering IPO is showing a strong GMP of +₹36 (+16.36%), indicating positive market sentiment for listing gains. However, GMP is informal and not a guarantee of returns. Evaluate the company's fundamentals, price band, and your own risk appetite before applying. IPOLyst is not a SEBI-registered investment advisor — please do your own research.

    What is the lot size of Teja Engineering IPO?

    The lot size for Teja Engineering IPO is 1200 shares per lot. The minimum investment for retail investors is ₹2,64,000. Retail investors can apply for a maximum of 13 lots or up to ₹2 lakh, whichever is lower.

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