
Capital Goods · Listed on NSE · 30 Jun 2026 - 02 Jul 2026
Jagat JoshiTeja Engineering is a growing engineering services firm that operates across the Oil & Gas, Power, and Energy sectors, with a focus on providing Operations & Maintenance (O&M) services. Tejal Engineering offers a wide range of engineering services, including O&M, Erection & Commissioning (E&C), instrument calibration, overhauling, terminal hook-up, and decommissioning and recommissioning.
The company has over 300 CNG compressor station projects and manages O&M services for more than 550 units across 15 states, including Gujarat, Maharashtra, Telangana, Tamil Nadu, and West Bengal. TEIL operates in an asset-light business model and recurring O&M contracts. Moreover, the firm is planning to use the fund of ₹18.05 crore raised from the IPO proceeds to enhance its presence in expanding India’s gas and energy infrastructure market.
| Date & Time | GMP (₹) | Est. Listing Price | Est. Gain (%) | Est. Profit / Lot (₹) |
|---|---|---|---|---|
| 07-Jul-2026 12:00 PM | +₹36 | ₹256 | +16.36% | ₹21,600 |
| 06-Jul-2026 12:00 PM | +₹15 | ₹235 | +6.82% | ₹9,000 |
| 04-Jul-2026 12:00 PM | +₹3 | ₹223 | +1.36% | ₹1,800 |
| 03-Jun-2026 12:00 PM | +₹3 | ₹223 | +1.36% | ₹1,800 |
| Category | Subscription (x) | Shares Offered | Shares bid for | Total Amount (₹ Cr) |
|---|---|---|---|---|
| NII | 1.81x | 8,06,400 | 14,59,800 | ₹32.12 Cr |
| Retail | 0.32x | 8,06,400 | 2,55,600 | ₹5.62 Cr |
| Market Maker | 1.00x | 85,200 | 85,200 | ₹1.87 Cr |
| Total | 1.06x | 16,98,000 | 18,00,600 | ₹37.74 Cr |
| Period Ended | 31 DEC 2025 | 31 MAR 2025 | 31 MAR 2024 |
|---|---|---|---|
| Total Income | 54.32 | 55.23 | 31.62 |
| Profit After Tax | 4.00 | 4.02 | 2.16 |
| EBITDA | 7.07 | 6.86 | 3.74 |
| NET Worth | 16.63 | 12.61 | 6.65 |
| Reserves and Surplus | 11.96 | 7.95 | 2.23 |
| Total Borrowing | 17.36 | 12.85 | 7.09 |
| Company Name | EPS (₹) | P/E (x) | NAV (₹) | RoNW (%) | Income (₹ Cr) |
|---|---|---|---|---|---|
| Lakshya Powertech Limited | 15.65 | 7.10 | 78.88 | 24.78 | 161.33 |
Srinivasarao Vakalapudi,Suryakumari Vakalpudi is the company's promoter of Teja Engineering.
| Particular | Pre IPO | Post IPO |
|---|---|---|
| Promoter and Promoter Group | 91.33% | 67.17% |
| Others* | 8.67% | 32.83% |
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