GMP IPO Watch
Teja Engineering Industries IPO 2026: Price, GMP, Subscription Status, Financials and Complete Review
Teja Engineering Industries IPO has entered the SME market with a fixed price issue of ₹22...
Read Article
T
SME IPO
LISTED
NSE, BSE
TEJA
Teja Engineering Industries IPO
Teja Engineering Industries IPO details, live grey market premium (GMP), dates, price band, lot size, subscription & review.
Live GMP Today
₹0
+0.0%
Est. Listing: ₹220.00
Price Band
₹220
Per equity share
Lot Size
600 Shares
Min Invest: ₹2,64,000
Issue Size
₹37.36 Cr
Total Public Offering
Issue Dates
29 June 2026 – 1 July 2026
Bidding period
Subscription
1.37x
Total overall demand
Teja Engineering Industries IPO Details
Key facts at a glance| IPO Open Date | 29 June 2026 | IPO Close Date | 1 July 2026 |
|---|---|---|---|
| Basis of Allotment | 2 July 2026 | Listing Date | 6 July 2026 |
| Price Band | ₹220 per share | Face Value | ₹10 per share |
| Market Lot Size | 600 Shares | Min Investment (Retail) | ₹2,64,000 |
| Total Issue Size | ₹37.36 Cr | Issue Type | Book Built Issue IPO |
| Fresh Issue | — | Offer for Sale (OFS) | — |
| Listing At | NSE, BSE | Issue Category | SME Issue |
| Registrar | TBA | ||
Teja Engineering Industries IPO Timetable (Tentative Dates)
| Event | Tentative Date | Status |
|---|---|---|
| IPO Open Date | 29 June 2026 | Confirmed |
| IPO Close Date | 1 July 2026 | Confirmed |
| Basis of Allotment | 2 July 2026 | Tentative |
| Initiation of Refunds | 6 July 2026 | Tentative |
| Credit of Shares to Demat | 6 July 2026 | Tentative |
| IPO Listing Date | 6 July 2026 | Tentative |
| Cut-off time for UPI Mandate Confirmation | 2 July 2026 (5:00 PM) | Deadline |
* Note: Timelines are tentative and subject to regulatory confirmation. UPI mandate approvals must be completed by 5:00 PM on the IPO closing day.
Teja Engineering Industries IPO Lot Size & Investment Details
Application limits for Retail and HNI investors| Application Category | Lots | Shares | Amount (at Cut-off) |
|---|---|---|---|
| Retail (Min) | 2 Lots | 1,200 Shares | ₹2,64,000 |
| Retail (Max) | 2 Lots | 1,200 Shares | ₹2,64,000 |
| S-HNI (Min) | 3 Lots | 1,800 Shares | ₹3,96,000 |
| S-HNI (Max) | 7 Lots | 4,200 Shares | ₹9,24,000 |
| B-HNI (Min) | 8 Lots | 4,800 Shares | ₹10,56,000 |
Teja Engineering Industries IPO Live GMP & Movement History
Daily unofficial grey market trends
Current Grey Market Premium
₹0 +0.0%
Estimated Listing Price
₹220.00
| Date | IPO GMP (₹) | Estimated Listing Price | Estimated Listing Gain (%) |
|---|---|---|---|
| 2 Jul 2026 | ₹0 | ₹220.00 | +0.00% |
Disclaimer: Grey Market Premium (GMP) figures are purely unofficial and indicative rates traded in the unregulated grey market. GMP is highly volatile and does not guarantee the actual listing price. Always consult a SEBI registered investment advisor before bidding.
Teja Engineering Industries IPO Subscription Status
Demand breakdown by investor category
Retail
0.32x
QIB
—
NII / HNI
—
Total
1.37x
About Teja Engineering Industries
Teja Engineering Industries Limited is an engineering services company that provides operation and maintenance (O&M), erection and commissioning (E&C), and other technical services for the oil & gas, power, and energy sectors. The company undertakes annual maintenance contracts, project execution, instrument calibration, overhauling, decommissioning and recommissioning, stainless-steel tubing installation, and testing and servicing of safety relief valves. It supports OEMs, CNG compressor packagers, and public sector undertakings involved in gas distribution and energy infrastructure. The company generates revenue primarily from O&M services, along with E&C projects and other technical service offerings. It operates through a pan-India workforce deployed at client sites, providing execution and maintenance support for CNG stations, gas compression plants, and natural gas distribution terminals. Teja Engineering is a service-focused company and does not manufacture equipment. It also holds PESO certification for testing safety relief and pressure safety valves, enabling it to provide certified inspection and testing services.
Key Strengths
- Strong pan-India presence enables the company to serve customers across multiple states.
- Experienced leadership brings deep industry knowledge to the business.
- Long-standing customer relationships support repeat business and revenue.
- Holds PESO certification for safety valve testing under applicable regulations.
- The company has a consistent track record of completing engineering and commissioning projects on time.
Key Risks
- A significant share of revenue comes from Operations & Maintenance (O&M) services.
- More than 98% of revenue comes from the top 10 customers, creating customer concentration risk.
- Engineering operations involve hazardous activities that may lead to accidents, liabilities, or operational disruptions.
- The company has a short operating history as a corporate entity, making future performance harder to assess.
- Delays in client payments for services could impact cash flows and working capital.
Teja Engineering Industries IPO Reservation & Share Quotas
Teja Engineering Limited has reserved shares for various categories of investors in accordance with applicable SME IPO regulations. The allocation structure is designed to provide participation opportunities for retail investors as well as non-institutional investors in the public issue.
The retail and non-institutional investor categories have received an equal share allocation in the issue, while no separate allocation has been reserved for Anchor Investors or Qualified Institutional Buyers (QIBs) excluding anchor investors in this offering.
| Investor Category | Shares Offered | Shares (%) |
|---|---|---|
| Anchor Investor | – Shares | -% |
| QIB (Ex. Anchor) | – Shares | -% |
| NII Shares Offered | 8,06,400 Shares | 47.49% |
| Retail Shares Offered | 8,06,400 Shares | 47.49% |
Teja Engineering Industries IPO Important Dates
The Teja Engineering IPO is scheduled to open for subscription on June 30, 2026, and will close on July 2, 2026. Investors can submit their applications during the issue period through the ASBA process and supported UPI platforms provided by registered brokers and banks.
The basis of allotment for the IPO is expected to be finalized on July 3, 2026. Refunds for unsuccessful applicants and credit of allotted shares to investors' demat accounts are scheduled for July 6, 2026, while the shares of Teja Engineering Limited are proposed to be listed on the NSE SME platform on July 7, 2026.
| Event | Date |
|---|---|
| IPO Open Date | June 30, 2026 |
| IPO Close Date | July 2, 2026 |
| Basis of Allotment | July 3, 2026 |
| Refunds | July 6, 2026 |
| Credit to Demat Account | July 6, 2026 |
| IPO Listing Date | July 7, 2026 |
| IPO Bidding Cut-off Time | July 2, 2026 – 5 PM |
Teja Engineering Industries IPO Important Dates
| Particular | Dates |
|---|---|
| IPO Open Date | 30 Jun 2026 |
| IPO Close Date | 02 Jul 2026 |
| Basis of Allotment | 03 Jul 2026 |
| Refunds | - |
| Credit to Demat Account | - |
| IPO Listing Date | 07 Jul 2026 |
Note: The timeline for Teja Engineering Industries IPO is tentative and subject to change.
Teja Engineering Industries Objects of the Issue & Utilisation of Proceeds
Teja Engineering Limited intends to utilize the proceeds from the IPO to strengthen its manufacturing capabilities and support future business expansion plans. The company plans to invest a significant portion of the funds in acquiring new equipment and machinery to improve production capacity and operational efficiency.
Apart from capital expenditure, the company will also use the proceeds to meet its growing working capital requirements and support day-to-day business operations. These investments are expected to enhance the company's ability to execute larger projects and improve its competitive position within the engineering sector.
| Purpose | Amount (Crores) |
|---|---|
| Funding Capital Expenditure requirements for the purchase of equipment/machineries | ₹18.06 |
| Funding the Working Capital requirement | ₹9.26 |
| General Corporate Purpose | ₹- |
Teja Engineering Industries Objects of the Issue & Utilisation of Proceeds
To Be Updated Soon
Teja Engineering Industries Company Financial Report
Teja Engineering Limited has demonstrated steady financial growth over the last few financial years, supported by increasing demand for its engineering products and manufacturing solutions. The company has reported strong growth in revenue and profitability while continuing to strengthen its asset base.
The financial performance reflects improving operational efficiency and expanding business operations. The growth in revenue, assets, and profit after tax (PAT) highlights the company's ability to scale its business and improve shareholder value over time.
| 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 |
Amount in ₹ Crores. The above financial figures are based on the company's reported financial statements for the respective periods and are intended for informational purposes.
Teja Engineering Industries Company Financial Report
To Be Updated Soon
Teja Engineering Industries Company Valuation & Key Performance Indicators
To Be Updated Soon
Teja Engineering Industries Peer Group Comparison
To Be Updated Soon
Teja Engineering Industries IPO FAQs
Teja Engineering Industries IPO opens for subscription on 29 June 2026 and closes on 1 July 2026.
The price band for Teja Engineering Industries IPO is set at ₹220.00 per share.
The minimum market lot size is 600 shares. A retail investor can apply for a minimum of 1 lot requiring an investment of 1,200 Shares (₹2,64,000).
The latest Grey Market Premium (GMP) for Teja Engineering Industries IPO is ₹0. GMP represents the unofficial premium at which shares trade prior to listing.
The basis of allotment for Teja Engineering Industries IPO is tentatively scheduled for 2 July 2026, and shares are expected to list on the stock exchanges on 6 July 2026.
The registrar details will be confirmed in the official prospectus.
Teja Engineering Industries IPO Analysis & Articles