Teja Engineering IPO GMP Today, Price & Details
Teja Engineering IPO GMP Today, Price Band, Subscription Status, Allotment & Listing Details
About Teja Engineering
Teja Engineering operates in the engineering and fabrication space, serving industrial and infrastructure clients — a project- and order-driven business tied to India's capital-expenditure cycle. Companies here live or die on execution, order-book quality, and cost control. The IPO was an SME offering on the NSE at a fixed price of ₹220 per share, sized at ₹37.36 Cr with a face value of ₹10.
On the financials, the company reported revenue of ₹54.32 Cr and net profit of ₹4.00 Cr, with a healthy EBITDA margin of 12.42% and strong return ratios of 31.85% RONW and 26.14% ROCE. A NAV of ₹26.72 rounds out a reasonable balance sheet.
This was a 100% fresh issue, so the entire ₹37.36 Cr goes into the company — useful capital for an engineering firm to fund working capital, equipment, and order execution.
Teja Engineering IPO — Investment Analysis
As a fixed-price issue at ₹220, Teja Engineering was valued at 26.40x earnings on an EPS of ₹8.33 — a full, demanding multiple for a small engineering firm. That pricing leaves limited room for error and prices in continued strong execution.
The financial profile itself is solid. Strong return ratios of 31.85% RONW and 26.14% ROCE show efficient capital use, and the 12.42% EBITDA margin is healthy for fabrication work. Revenue of ₹54.32 Cr keeps it a small operator, though.
The risks are those of project-based engineering: order flow can be lumpy and tied to the capex cycle, execution slippage or cost overruns can dent thin absolute profits, and client concentration is common at this size. Against a rich 26.40x valuation, any of these would sting.
With the listing still ahead at the time of writing, the strong return ratios were the draw, but the full valuation is the clear watch-item. Our IPO profit calculator can size a position. Investors should consult a SEBI-registered financial advisor before making investment decisions.
Disclaimer: This analysis is auto-generated from publicly available financial data and should not be considered investment advice. Always consult a SEBI-registered financial advisor before making investment decisions.
Teja Engineering IPO — Pros & Cons
Strengths
- Strong return ratios, with RONW of 31.85% and ROCE of 26.14%, showing efficient use of capital.
- A healthy 12.42% EBITDA margin, decent for engineering and fabrication work.
- Exposure to India's infrastructure and industrial capex cycle through project-driven engineering.
- A 100% fresh issue means the full ₹37.36 Cr funds working capital and equipment.
- A simple, transparent fixed-price structure at ₹220 with no price-band ambiguity.
Risks
- A demanding valuation at 26.40x earnings — full for a small engineering firm and leaving little margin of safety.
- Project-based order flow can be lumpy and dependent on the broader capex cycle.
- Execution slippage or cost overruns can quickly dent the thin absolute profit of ₹4.00 Cr.
- Client concentration is common at this size and could hit revenue if a key order is lost.
- Thin SME liquidity and a large per-lot ticket constrain post-listing participation.
Teja Engineering IPO Details
| Company Name | Teja Engineering |
|---|---|
| IPO Type | SME |
| Exchange | NSE |
| Price Band | ₹220 - ₹220 |
| Face Value | ₹10 per share |
| Lot Size | 600 shares |
| Min Investment | ₹132,000 |
| Total Issue Size | ₹37.36 Cr |
|---|---|
| Fresh Issue | ₹37.36 Cr |
| Registrar | Kfin Technologies Ltd. |
| Lead Manager | List of Issues managed, Interactive Financial Services Ltd. |
| IPO Status | Listed |
Teja Engineering IPO Dates
Teja Engineering IPO Listing Performance
Teja Engineering IPO listed on NSE on 07 Jul 2026 at ₹418, a premium of 90% over the issue price of ₹220. Investors who received allotment made a profit of ₹118,800 per lot (600 shares) on listing day.
Teja Engineering IPO — Key Highlights
- Engineering and fabrication SME, NSE fixed-price IPO of ₹37.36 Cr.
- Fixed price of ₹220 per share.
- Strong RONW of 31.85% and ROCE of 26.14%.
- Full valuation at 26.40x earnings on an EPS of ₹8.33.
- Healthy 12.42% EBITDA margin.
- A 100% fresh issue of ₹37.36 Cr.
Teja Engineering Financial Performance
| Metric (₹ Cr) | FY 2023 | FY 2024 | FY 2025 | 9M FY 2026 |
|---|---|---|---|---|
| Revenue | 24.58 | 31.62 | 55.22 | 54.32 |
| Expenses | 22.87 | 28.67 | 49.86 | 48.83 |
| Net Income (PAT) | 1.27 | 2.16 | 4.02 | 4.00 |
| Margin (%) | 5.17% | 6.83% | 7.28% | 7.36% |
Teja Engineering IPO Valuations & Key Metrics
Valuation Ratios
| EPS | ₹8.33 |
|---|---|
| P/E Ratio | 26.40x |
| NAV | ₹26.72 |
| Current Ratio | 8,211.00 |
| Debt/Equity | 1.010 |
Return Metrics
| RONW (%) | 31.85% |
|---|---|
| ROCE (%) | 26.14% |
| EBITDA Margin | 12.42% |
| Employees | 2,927 |
Teja Engineering IPO Reservation / Allocation
Teja Engineering IPO Lead Manager & Registrar
Book Running Lead Manager
List of Issues managed, Interactive Financial Services Ltd.
IPO Registrar
Kfin Technologies Ltd.
Teja Engineering IPO — Frequently Asked Questions
What is Teja Engineering IPO GMP today?
As of today, the Grey Market Premium (GMP) for Teja Engineering IPO is ₹36 per share, indicating a potential listing premium of 16.4% above the issue price of ₹220.
What is the price band and lot size of Teja Engineering IPO?
Teja Engineering IPO has a price band of ₹220 to ₹220 per equity share with a face value of ₹10. The minimum lot size is 600 shares, requiring a minimum investment of ₹132,000 at the upper band.
What are the important dates for Teja Engineering IPO?
Teja Engineering IPO opens for subscription on 30 Jun 2026 and closes on 02 Jul 2026. Allotment is expected on 03 Jul 2026. The shares are expected to list on NSE on 07 Jul 2026.
What is the investor category allocation in Teja Engineering IPO?
The shares are reserved as follows — Qualified Institutional Buyers (QIB): 0.00%, Non-Institutional Investors (NII/HNI): 50.00%, and Retail Individual Investors: 50.00%.
How can I apply for Teja Engineering IPO?
You can apply for Teja Engineering IPO through your bank's net banking ASBA facility or via UPI-based application through any stockbroker platform. Ensure you have sufficient funds in your bank account as the amount will be blocked until allotment. The registrar for this IPO is Kfin Technologies Ltd..
What was Teja Engineering IPO's price and lot size?
Teja Engineering was a fixed-price issue at ₹220 per share, with a lot of 600 shares — a per-lot value of ₹1.32 lakh. The face value was ₹10.
Is Teja Engineering a fixed-price or book-built IPO?
It was a fixed-price issue at ₹220 per share, which is why there's a single price rather than a band.
How strong are Teja Engineering's financials?
Solid: revenue of ₹54.32 Cr, a 12.42% EBITDA margin, and strong return ratios of 31.85% RONW and 26.14% ROCE — though the 26.40x valuation is full.
Is Teja Engineering IPO expensive?
On valuation, yes — at 26.40x earnings on an EPS of ₹8.33, it's richly priced for a small engineering firm, leaving little room for execution missteps.