| 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 |
NSE List Price : ₹418.00
| Category | Times |
|---|---|
| QIBs | 0.00x |
| HNIs | 1.3x |
| Retail | 0.32x |
| Total : 1.12x | |
| 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 |
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.
| 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 |
Srinivasarao Vakalapudi
Suryakumari Vakalpudi
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.
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.
Funding Capital Expenditure for the Acquisition of Equipment and Machinery
Meeting the Company's Working Capital Requirements
General Corporate Purposes
Teja Engineering Industries Ltd.
A/14 Shantiniketan Society
N/r Shravan Chokdi,
Bharuch, Gujarat, 392001
Phone: 02642-239705
Email: info@tejaengineering.com
Kfin Technologies Ltd.
Phone: 04067162222, 04079611000
Email: teja.ipo@kfintech.com
Avoid