Archive · 20 Jul 2026

Teja Engineering IPO Doubles Investors' Money

Teja Engineering IPO Doubles Investors' Money

Teja Engineering Industries, a company that provides operation and maintenance services, recently listed its shares on the NSE SME platform.

The IPO was priced at ₹220 per share and was subscribed 1.37 times.

On its debut, the stock price surged to ₹418, a 90% premium, doubling the money for investors who got shares in the IPO.

The company's revenue and profit have been growing, which is good news.

However, the stock price has seen some ups and downs since listing, showing that investing in small companies can be risky.

The company plans to use the money raised to buy new equipment, support its daily operations, and other business needs.

Sources