Teja Engineering
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Teja Engineering
Price 220
GMP Rumors ₹2
Lot size 600
Issue size ₹37.35 Cr
Allotment 03-07-2026
Listing 07-07-2026
Suggestion Avoid
Allotment Status Kfintech
Video https://youtu.be/be_ByNzKcj4
All Info. Education Purpose Only.

About

NSE List Price : ₹418.00

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Category Times
QIBs 0.00x
HNIs 1.3x
Retail 0.32x
Total : 1.12x

IPO Market Lot(s) Distribution

Application Lot Size Shares Amount
Retail Minimum 2 1,200 ₹264,000
Retail Maximum 2 1,200 ₹264,000
S-HNI Minimum 3 1,800 ₹396,000

About the Company

Teja Engineering is an engineering services company catering to the Oil & Gas, Power, and Energy sectors, with a strong focus on Operations & Maintenance (O&M) services. Its offerings include O&M, Erection & Commissioning, instrument calibration, overhauling, terminal hook-up, and decommissioning/recommissioning. The company has executed over 300 CNG compressor station projects and manages more than 550 O&M units across 15 states. Operating under an asset-light model with recurring contracts, it plans to utilize 18.05 crore from the IPO proceeds to strengthen its presence in India’s expanding gas and energy infrastructure sector.
 

Company Financial Report

Amount ₹ in Crores
Period Ended Revenue Expense PAT Assets
2024 ₹31.62 ₹28.67 ₹2.16 ₹20.95
2025 ₹55.23 ₹49.86 ₹4.02 ₹33.09
Dec 2025 ₹54.32 ₹48.83 ₹4.00 ₹48.26

Company Promoter

Srinivasarao Vakalapudi

Suryakumari Vakalpudi

Know before investing

  • • Strengths

    Pan-India Operations: Strong presence across multiple states enables efficient project execution and wider market reach.
    Quality-Focused Execution: Emphasizes compliance with client requirements, industry standards, and regulatory norms.
    Experienced Leadership: Led by a promoter with over 25 years of experience in the Oil & Gas, E&C, and O&M sectors.

  • • Risks

    Client Compliance Risk Failure to comply with client-defined quality and performance requirements under contractual work orders may lead to penalties, contract termination, or compensation claims. Dependence on O&M Business A substantial share of revenue is derived from Operations & Maintenance services. Any delay or default in customer payments could adversely affect cash flows and working capital. Operational Risk The company operates in hazardous environments involving CNG infrastructure, compressors, and gas systems, exposing it to safety, environmental, operational, and legal liabilities.
     

Objects of the Issue & Utilisation of proceeds

Funding Capital Expenditure for the Acquisition of Equipment and Machinery
Meeting the Company's Working Capital Requirements
General Corporate Purposes

Company  Address

Teja Engineering Industries Ltd.
A/14 Shantiniketan Society
N/r Shravan Chokdi,
Bharuch, Gujarat, 392001
Phone: 02642-239705
Email: info@tejaengineering.com

IPO Registrar

Kfin Technologies Ltd.
Phone: 04067162222, 04079611000
Email: teja.ipo@kfintech.com

IPO Review

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