Teja Engineering IPO GMP Today: Price, Dates, Subscription

Grey market check: GMP reported at ₹3 today

Teja Engineering Industries’ SME IPO was seen with moderate grey market activity, based on figures cited by market trackers. One data point in the provided information puts the IPO GMP at ₹3 per share for the day. If that premium is applied to the issue price, the implied listing estimate comes to about ₹223 per share. That works out to an estimated 1.36% upside over the IPO price of ₹220.

Grey market premium (GMP) is an unofficial indicator and can vary across sources and time stamps. The numbers should be read as a sentiment check rather than a guaranteed listing outcome.

Another tracker update shows GMP at ₹0 (as of Jul 1)

The same compilation of details also shows a separate GMP entry: “Teja Engineering Industries SME IPO last GMP is ₹0, last updated Jul 1st 2026 09:35 AM.” On that basis, the estimated listing price was stated as ₹220 (cap price + GMP), implying 0.00% expected gain or loss at that time.

With both ₹3 and ₹0 appearing in the data, the practical takeaway is that grey market indications were not stable across updates. Investors typically track the most recent time-stamped figure when comparing such numbers.

Key IPO terms: fixed price SME issue at ₹220

Teja Engineering Industries IPO is described as a Fixed Price - SME issue. The fixed issue price is ₹220 per share, with a face value of ₹10 per share and a share premium of ₹210.

The issue size is stated as 1,698,000 equity shares, aggregating to ₹37.36 crore. The IPO is also described as the company’s maiden public issue.

Important dates: open, close, allotment and listing

The IPO timeline in the provided details is specific:

• Subscription opened on Jun 30, 2026
• Subscription closed on Jul 2, 2026
• Allotment date is mentioned as Jul 3, 2026
• Credit of allotted shares in demat is mentioned by Jul 6, 2026
• Listing is described as on NSE SME (Emerge), with a tentative listing date of Jul 7, 2026

While one line notes the listing date as “not available yet”, the same dataset repeatedly references Jul 7, 2026 as the planned listing date.

Subscription status: low demand as of Day 2

Subscription data available in the text shows the IPO was subscribed 0.02 times overall as of July 1, 2026 10:44:59 AM (Day 2). In the same snapshot:

• Individual investors category: 0.03 times
• NII category: 0.00 times
• QIB (Ex Anchor): value not provided in the excerpt

Subscription snapshot (Day 2)

This table reflects only the figures included in the provided content and may not represent end-of-issue subscription.

Offer structure: total shares, net issue and market maker portion

The IPO is described as an initial public issue of 16,98,000 equity shares. It also specifies a market maker reservation portion of 85,200 equity shares. After excluding that, the net issue is stated as 16,12,800 equity shares.

The data also mentions dilution of 36.0% increase in shares. Separately, it states the IPO constitutes 26.46% of the post-IPO paid-up capital.

Minimum application size and stated minimum investment

The minimum application size is stated as 2,400 shares, and applications can be made in multiples of 1,200 shares thereafter. A separate line also shows a stated minimum investment figure of ₹2,64,000.

Investors typically cross-check the lot size and the application amount against the issue price to confirm the exact application value, but only the figures above are explicitly present in the text.

Valuation references provided: NAV and P/BV multiples

The provided information includes valuation references tied to NAV figures as of March 31, 2026:

• P/BV of 6.24 based on NAV of ₹35.24 per share
• P/BV of 2.62 based on post-IPO NAV of ₹84.13 per share, at the upper cap

It also states that based on the upper band pricing, the company is looking at a market cap of ₹141.18 crore.

Capital and IPO expenses mentioned in the details

Two additional capital-related figures are included:

• Current paid-up equity capital: ₹4.72 crore
• Post-IPO paid-up equity capital: ₹6.42 crore

The IPO process cost is mentioned as ₹4.59 crore. The text indicates the company will use net proceeds of the issue, but the specific utilisation items are not included in the provided excerpt.

Key facts table

Why the GMP and subscription numbers matter for listing expectations

For SME IPOs, GMP and subscription trends are closely watched because they can signal demand and risk appetite in the unofficial market and during the book period. In this case, the provided figures show a split picture: one tracker’s GMP indicates a small premium, while another update shows zero premium.

At the same time, the available subscription snapshot shows 0.02x overall demand on Day 2, with 0.03x participation from individual investors and no bids recorded for NIIs in that snapshot. These are factual datapoints from the text and do not, by themselves, confirm how the issue will perform by the close.

Conclusion

Teja Engineering Industries’ SME IPO is priced at ₹220 and is scheduled to list on NSE SME with a tentative listing date of Jul 7, 2026. Grey market indicators in the provided data ranged between ₹0 and ₹3, while the Day 2 subscription snapshot showed 0.02x overall subscription. The next confirmed milestones mentioned are the allotment on Jul 3 and demat credit by Jul 6, ahead of the planned listing.