Teja Engineering Industries Ltd. has withdrawn its Initial Public Offer (IPO) documents filed with the exchange on July 10, 2025.
Teja Engineering Industries Ltd. IPO was a Fixed Price Issue consisting solely of fresh issue of upto 0.17 crore equity shares.
The equity shares were proposed to be listed on the NSE SME. Interactive Financial Services Ltd. was the book running lead manager and Kfin Technologies Ltd. was the registrar of the issue.
IPO Date | [.] |
Listing Date | [.] |
Face Value | ₹10 per share |
Issue Price Band | |
Lot Size | |
Sale Type | Fresh Capital |
Total Issue Size | 17,00,000 shares (aggregating up to ₹[.] Cr) |
Issue Type | Fixed Price IPO |
Listing At | NSE SME |
Share Holding Pre Issue | 47,19,300 shares |
Share Holding Post Issue | 64,19,300 shares |
Investor Category | Shares Offered |
---|---|
Retail Shares Offered | 50% of the Net Issue |
NII Shares Offered | 50% of the Net Issue |
Description | Date |
---|---|
Filed with SEBI/Exchange | Mon, Apr 7, 2025 |
Under Process | Thu, May 15, 2025 |
Offer document withdrawn | Thu, Jul 10, 2025 |
Note : The value will be calculated using Equity Dilution = Share Holding Pre Issue - Share Holding Post Issue
Incorporated in April 2023, Teja Engineering Industries Limited specializes in providing assistance and support services in the Oil and Gas, Power and Energy Sectors.
The company provides project assistance, including Annual Maintenance Contracts (AMC), Comprehensive Maintenance Contracts (CMC), and Operation & Maintenance (O&M) services. TEIL also specializes in turnkey solutions and gas stations for commercial use.
With over 1,700 professionals, we specialize in Operations & Maintenance (O&M) services for public companies in India.
The company has expanded its operations across 12 Indian states, including Gujarat, Telangana, Andhra Pradesh, Tamil Nadu, Kerala, Karnataka, Goa, Madhya Pradesh, Rajasthan, Odisha, West Bengal (Kolkata), and Maharashtra, in various fields.
The company specialises in designing, commissioning, and maintaining natural gas compression stations for optimal industrial performance.
For CNG stations, TEIL offers comprehensive lifecycle services, including commissioning, operation, and maintenance.
The company is certified in ISO ISO 9001:2015 for quality management, ISO 14001:2015 for environmental systems, and ISO 45001:2018 for occupational health and safety, demonstrating our commitment to excellence in operations.
As of February 2025, the company had a strong workforce of 1786 employees.
Competitive Strength:
Period Ended | 31 Dec 2024 | 31 Mar 2024 |
Assets | 28.44 | 20.95 |
Total Income | 40.21 | 31.69 |
Profit After Tax | 2.06 | 2.21 |
Net Worth | 11.92 | 6.72 |
Reserves and Surplus | 7.2 | 2.21 |
Total Borrowing | 12.24 | 7.09 |
Amount in ₹ Crore |
KPI | Values |
---|---|
ROE | 44.86% |
ROCE | 26.61% |
Debt/Equity | 1.05 |
RoNW | 38.41% |
PAT Margin | 6.99% |
The Company Teja Engineering Industries IPO proposes to utilise the Net Proceeds from the Issue towards the following objects:
S.No. | Objects of the Issue | Expected Amount (in Millions) |
---|---|---|
1 | Funding Capital Expenditure requirements for the purchase of equipment/machineries | 1,001.6 |
2 | Funding the Working Capital requirement | 915 |
3 | 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
Website: https://www.tejaengineering.com/
Kfin Technologies Ltd.
Phone: 04067162222, 04079611000
Email: teja.ipo@kfintech.com
Website: https://ipostatus.kfintech.com/
Teja Engineering Industries IPO is a SME IPO of 17,00,000 equity shares of the face value of ₹10 aggregating up to ₹[.] Crores. The issue is priced at . The minimum order quantity is .
The Teja Engineering Industries IPO open and close dates are not available as of now.
Kfin Technologies Ltd. is the registrar for the IPO. The shares are proposed to be listed on NSE SME.
Zerodha customers can apply online in Teja Engineering Industries IPO using UPI as a payment gateway. Zerodha customers can apply in Teja Engineering Industries IPO by login into Zerodha Console (back office) and submitting an IPO application form.
Steps to apply in Teja Engineering Industries IPO through Zerodha
Visit Zerodha IPO Application Process Review for more detail.
The Teja Engineering Industries IPO dates are not announced. Please check back again after some time.
Teja Engineering Industries IPO lot size and the minimum order quantity is not available at this time. Please check again later.
You can apply in Teja Engineering Industries IPO online using either UPI or ASBA as a payment method. ASBA IPO application is available in the net banking of your bank account. UPI IPO Application is offered by brokers who don't offer banking services. Read more detail about applying IPO online through Zerodha, Upstox, 5Paisa, Nuvama, HDFC Bank, and SBI Bank.
The finalization of Basis of Allotment for Teja Engineering Industries IPO will be done on [.], and the allotted shares will be credited to your demat account by [.]. Check the Teja Engineering Industries IPO allotment status.
The Teja Engineering Industries IPO listing date is not yet announced. The tentative date of Teja Engineering Industries IPO listing is [.].
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