The proprietorship Firm, M/s Teja Engineering Services, was initially established on September 24, 2002, issued by the State Government of Ankleshwar. The Firm later relocated to Bharuch, Gujarat, on July 11, 2019. The Company further acquired the proprietorship firm M/s Teja Engineering Services (TES), owned by Promoter, Mr. Vakalapudi Srinivasa Rao, through a Business Transfer Agreement dated July 17, 2023.
Teja Engineering Industries Limited was incorporated as 'Teja Engineering Industries Private Limited', a private limited company vide Certificate of Incorporation on April 17, 2023 issued by Central Registration Centre. Subsequently, company converted into public limited Company, by changing its name to 'Teja Engineering Industries Limited' and a fresh certificate of incorporation was issued by the ROC, Ahmedabad on September 19, 2023.
Initially, Teja Engineering Services (TES) operated as a small engineering service provider, offering innovative solutions such as customized pipeline design and installation, high-efficiency compression systems, advanced gas measurement and monitoring systems, safety and risk mitigation technologies, compact and modular gas distribution units, environmentally sustainable practices, and remote monitoring and control systems for natural gas projects. Over time, it expanded into Erection & Commissioning (E&C) projects, Operation & Maintenance (O&M) services for gas compressors, overhauling of gas compressors, and instrument calibratio ...n.
Additionally, the company diversified into the installation of high-pressure SS tubing, bulk cascades, and related services. It also providing services in the erection and commissioning of natural gas projects, including CNG and terminal stations. Recognizing the increasing demands of the energy sector, TEIL strategically expanded its operations to undertake larger and more complex Erection & Commissioning. Today, the company has enhanced its expertise, delivering innovative and efficient solutions that contribute to the advancement of India's energy infrastructure.
Company is planning an IPO of 17,00,000 fresh issue of equity shares of Rs 10/- per equity.
FAQs on Teja Engineering Industries Ltd
1. Can I buy Teja Engineering Industries Ltd from PL Capital? ›
Yes, you can invest in Teja Engineering Industries Ltd shares directly through PL Capital. Our platform provides a seamless and secure way to buy, hold, and track Teja Engineering Industries Ltd stock along with other leading companies listed on the NSE and BSE. Simply open a Demat and trading account with PL Capital, and you’ll be able to trade Teja Engineering Industries Ltd as well as diversify your portfolio across equities, mutual funds, IPOs, and more.
2. Does Teja Engineering Industries Ltd pay dividends? ›
Teja Engineering Industries Ltd does not currently pay dividends. Investors in this case primarily benefit from capital appreciation, where the value of the stock may rise over time depending on business growth and market conditions.
3. What is the current share price of Teja Engineering Industries Ltd ? ›
As of
01-Jan-1980 , 00:00:00 the share price for Teja Engineering Industries Ltd. is ₹ 634 on the NSE (Note: Prices are dynamic and update frequently during market hours).
4. What is the 52-week high and low of Teja Engineering Industries Ltd ? ›
The 52-week high and low of Teja Engineering Industries Ltd share price is ₹ - ₹ as of
01-Jan-1980 , 00:00:00 .
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