Teja Engineering Industries IPO
Engineering • ₹37.36 Cr
High risk because:
- 5 material risk factors disclosed in DRHP
- High customer concentration flagged in the DRHP
- Muted IPO demand (0.1x overall subscription)
IPOFins risk score from DRHP risk factors, subscription demand & issue structure
Price Band
₹220
Lot Size
600 shares
Issue Size
₹37.36 Cr
Open
30 Jun 2026
Close
02 Jul 2026
Subscription
0.06×
IPO Schedule
| Issue Open Date | 30 Jun 2026 |
| Issue Close Date | 02 Jul 2026 |
| Allotment Date | 03 Jul 2026 |
| Listing Date | 06 Jul 2026 |
About Teja Engineering Industries
Teja Engineering Industries Limited provides engineering services for the oil & gas, power, and energy sectors. The company primarily offers operations & maintenance (O&M) services, along with erection & commissioning (E&C), project execution, instrument calibration, overhauling, decommissioning and recommissioning, stainless-steel tubing installation, nondestructive thickness testing, and testing and servicing of safety relief valves. It serves OEMs, CNG compressor packagers, and public sector undertakings involved in gas distribution and energy infrastructure. The company operates across 15 states in India and deploys its workforce at client sites to support CNG stations, gas compression plants, and natural gas distribution terminals. It follows a service-based business model and does not manufacture equipment. As of August 31, 2025, the company had completed over 300 CNG compressor station projects, managed O&M services for more than 550 units across India, and executed 533 O&M projects and 25 E&C projects during the period.
Company Details
Founders / Promoters
Mr Srinivasarao Vakalapudi
Founded
2023
Registrar
KARVY
Documents
DRHP / RHP Document (PDF)
View official prospectus →
Investment Analysis
Teja Engineering Industries — IPOFins Verdict
QuantitativeDriven by overall subscription of 0.1x and elevated disclosed risk (9/10), Teja Engineering Industries listed at a premium of 90.0% to its issue price. SME listings are also thinner and more volatile after listing. The signals look weak — weigh the risks carefully. This is a quantitative flag, not a recommendation.
- The company claims to have a pan-India operational presence spanning 16 states and Union Territories, including Gujarat, Maharashtra, Andhra Pradesh, Tamil Nadu, Kerala, Karnataka, Goa, Madhya Pradesh
- The company claims to manage operations & maintenance (O&M) services for over 550 units across India, covering day-to-day operations, preventive and breakdown maintenance, spare parts supply, and trou
- The company holds PESO certification under the SMPV(U) Rules, 2016 (Rule 18), which authorises it to test safety relief valves (SRVs) and pressure safety valves (PSVs). It is also a recognised authori
- The company is ISO 9001:2015 certified for quality management systems, ISO 14001:2015 certified for environmental management systems, and ISO 45001:2018 certified for occupational health and safety ma
- The company claims to be expanding its service portfolio by introducing gas engine-driven reciprocating compressor packages with a capacity of 20,000 SCMD, deployed at client sites under compression s
Score breakdown — what drove this verdict
High risk from DRHP → score -1.6
Total demand signal → score −1.5
Actual listing outcome → score +1.5
SME IPOs have lower liquidity after listing → score −0.5
Base score: 5.0 · Final score = base + all factor adjustments, capped 1–10. Full methodology →
IPOFins Score is a quantitative signal from subscription demand, disclosed risk, and listing data — not investment advice. Not SEBI-registered.
Listing Performance
Issue Price
₹220
Listing Price
₹418
Listing Gain/Loss
+90.00%
Listing Date
06 Jul 2026
Price Since Listing
Returns are measured against the ₹220 issue price.
Listing
₹418
+90.0%
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FAQ
What is the price band of Teja Engineering Industries IPO?
The price band is ₹220 per share with a lot size of 600 shares. Minimum investment: ₹1,32,000.
What does Teja Engineering Industries do?
Teja Engineering Industries Limited provides engineering services for the oil & gas, power, and energy sectors. The company primarily offers operations & maintenance (O&M) services, along with erection & commissioning (E&C), project execution, instrument calibration, overhauling, decommissioning and recommissioning, stainless-steel tubing installation, nondestructive thickness testing, and testing and servicing of safety relief valves. It serves OEMs, CNG compressor packagers, and public sector undertakings involved in gas distribution and energy infrastructure. The company operates across 15 states in India and deploys its workforce at client sites to support CNG stations, gas compression plants, and natural gas distribution terminals. It follows a service-based business model and does not manufacture equipment. As of August 31, 2025, the company had completed over 300 CNG compressor station projects, managed O&M services for more than 550 units across India, and executed 533 O&M projects and 25 E&C projects during the period.
Should I apply for Teja Engineering Industries IPO?
Teja Engineering Industries listed at ₹418 (+90.0% premium to the ₹220 issue price) after 0.1x subscription. IPOFins Score 3/10: Driven by overall subscription of 0.1x and elevated disclosed risk (9/10), Teja Engineering Industries listed at a premium of 90.0% to its issue price. SME listings are also thinner and more volatile after listing. The signals look weak — weigh the risks carefully. This is a quantitative flag, not a recommendation.
Who founded Teja Engineering Industries?
Teja Engineering Industries was founded by Mr Srinivasarao Vakalapudi in 2023.