Teja Engineering Industries Files DRHP for 17 Lakh-Share IPO on NSE Emerge

Bharuch, September 30, 2025: Teja Engineering Industries Limited (TEIL) has announced that it has filed its Draft Red Herring Prospectus (DRHP) with the Securities and Exchange Board of India (SEBI). The IPO is intended to raise capital through an Initial Public Offering (IPO) of up to 17,00,000 equity shares of face value ₹10 each. The shares of the company are proposed to be listed on the NSE Emerge platform.

Teja Engineering Industries IPO Promoted By Two Promoters

The company is promoted by Srinivasarao Vakalapudi and Suryakumari Vakalapudi. The company focuses on providing services in Operation & Maintenance (O&M), Erection & Commissioning (E&C), calibration, and testing solutions for the oil & gas, power, and energy infrastructure sectors. It was established in 2023, and is headquartered in Bharuch, Gujarat.

Teja Engineering Industries IPO Funding Working Capital Requirement Main Fundraising Motive

The company will utilise ₹1,735.30 lakh from the IPO proceeds for funding working capital requirements, and ₹92.64 lakh will be used for general corporate purposes.

Teja Engineering Industries IPO Revenue At ₹5,521.83 Lakh

In FY25, the company’s revenue from operations jumped to ₹5,521.83 lakh, up from ₹3,161.72 lakh in FY24 and ₹2,457.90 lakh in FY23. Its total income was nearly the same at ₹5,523.32 lakh. Profit before tax rose to ₹537.78 lakh, compared with ₹294.45 lakh in FY24 and ₹171.37 lakh in FY23. Meanwhile, net worth climbed to ₹1,335.42 lakh from ₹799.27 lakh in FY24 and ₹312.15 lakh in FY23.

Financial highlights include:

• Revenue jumped 74.6% YoY in FY25.
• Profit before tax grew more than 3x between FY23 and FY25.
• Net worth more than quadrupled in two years.

Once the IPO is executed, the share holding post issue will increase to 64,19,300 shares, from the pre issue share holding of 47,19,300 shares.

REF: https://nsearchives.nseindia.com/emerge/corporates/content/sboob_30092025120425_DRHP_Final_Teja.pdf

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