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Teja Engineering Industries IPO
1.11xsubscribed

Teja Engineering Industries IPO

Oil Exploration
listed
₹2.64LMin. investment

Teja Engineering Industries Limited IPO Details

SectorOil Exploration
Price range₹220 – ₹220
IPO type
SME
Lot size600 shares
Issue size₹37Cr
Red Herring Prospectus
Read
Market cap
₹141.18CrLower than sector avg
RevenueApr 2024 - Mar 2025
₹55.21CrLower than sector avg
Growth rate3Y CAGR
49.88%

Teja Engineering Industries IPO Subscription Status

Date
QIB
NII
Retail
Total
30-Jun-26
0.0 times (X)
0.11 times (X)
0.01 times (X)
0.06 times (X)
01-Jul-26
0.0X
0.65X
0.08X
0.37X
02-Jul-26
0.0X
1.29X
0.31X
1.11X

As on 30-Jun-26, 5:00 PM

Teja Engineering Industries IPO Timeline

  1. Pre-apply
    29 Jun 2026
  2. Bid start
    30 Jun 2026
  3. Bid end
    2 Jul 2026
  4. Allotment
    3 Jul 2026
  5. Release of funds
    6 Jul 2026
  6. Demat transfer
    6 Jul 2026
  7. Listing
    7 Jul 2026

About Teja Engineering Industries Limited

Teja Engineering Industries is an engineering services company that provides technical and maintenance services to the oil & gas, power, and energy sectors. The company does not manufacture any equipment. Instead, it supports OEMs, public sector companies, and CNG compressor packagers by providing skilled manpower and engineering services for CNG stations, gas compression plants, and natural gas distribution terminals.
Its services include Operation & Maintenance (O&M), Erection & Commissioning (E&C), Instrument Calibration, Non-Destructive Testing (NDT), and testing and servicing of Safety Relief Valves (SRVs). TEIL has a presence across 15 states. It has completed more than 300 CNG compressor station projects and currently provides O&M services to over 550 units across the country. Its O&M business has grown significantly, with the number of O&M contracts increasing from 243 in FY23 to 533 by August 2025. During the same period, E&C projects were reduced from 59 to 25.
Operation & maintenance remains the largest contributor to revenue. In FY25, O&M generated ₹51.66 crore, accounting for 93.5% of total revenue, compared with ₹28.73 crore, or 90.89% of total revenue, in FY24. TEIL operates a manpower-intensive business; employee expenses are its largest cost component, accounting for 82.9% of total expenses during FY25. Gujarat contributed 53.2% of the total revenue in FY25, while Maharashtra contributed 45.48%.

Checklist

Quality analysis
Revenue growth
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Objectives of Teja Engineering Industries Limited IPO

Capital expenditure
48.30%
The company will use ₹18.00 crore for the purchase of new machinery & equipment.
General corporate purposes
26.80%
Part of the IPO proceeds will be used for general corporate purposes and issue expenses
Working capital
24.70%
The company will use ₹9.26 crore for the working capital requirements of the business.

Compare

CompanyRevenue*3Y growthPATMarket capP/E ratioD/E ratio
This IPO₹55.21Cr49.88%₹4.01Cr₹141.18Cr25.001.01
This sector (avg.)₹36,827.94Cr---₹2,290.81Cr₹31,396.74Cr9.900.20
₹6,63,262.31Cr---₹38,328.61Cr₹3,38,359.2Cr9.260.55
₹36,163.75Cr---₹7,039.63Cr₹82,965.13Cr13.890.62
₹576.13Cr----₹78.76Cr₹2,379.84Cr---0.11

*Revenue for financial year 2024-25. Lower P/E and D/E ratios are generally preferred.

Teja Engineering Industries IPO Contact Details

Company NameTeja Engineering Industries Limited

How to apply for Teja Engineering Industries IPO?

  1. Step 1

    Log in to your Upstox account to access IPO investments. Next, select the current IPO section.

  2. Step 2

    Specify IPO details. Enter the number of lots and the price you wish to apply for.

  3. Step 3

    Enter UPI ID. After entering your UPI ID, click submit. This will place your bid with the exchange.

  4. Step 4

    Mandate Notification. Your UPI app will receive a mandate notification to block funds.

  5. Step 5

    Approve Request. Your funds will be blocked once you approve the mandate request on your UPI.

Teja Engineering Industries Limited IPO FAQs