Project-led entry
Capital enters a dedicated Phase 1 SPV rather than buying the entire five-plant pipeline at today's stage.
Investor information · Current raise
₹6 crore for 6% in the first 5 TPD project SPV.
Invest in Tejomay's Phase 1 project SPV—the first asset in a planned five-plant Rajasthan portfolio, supported by OMC interest and an identified promoter-family land base.
₹6 Crequity subscription5 TPDPhase 1 capacity6%investor ownership5 LOIsBPCL interest
The investment thesis
Infrastructure returns with platform-level upside.
Phase 1 is intended to prove the model before further plants are financed at independently determined valuations.
Market-linked output
Five BPCL letters of intent provide public evidence of offtake interest under India's CBG ecosystem.
Rural value stack
CBG revenue is complemented by potential bio-fertiliser value, feedstock relationships and later portfolio replication.
Indicative transaction
A focused raise with clear dilution boundaries.
The primary offer prices only the equity subscription. Project debt remains interest-bearing, secured and separately repayable; it does not purchase additional equity.
Investment vehiclePhase 1 project SPV only
Primary equity subscription₹6.00 crore
Investor ownership6% fully diluted
Reference pre-money valuation₹94.00 crore
Reference post-money valuation₹100.00 crore
Separately structured secured debtUp to ₹16.87 crore
Larger all-equity alternativeAbout ₹20 crore for 20–25%
Future plants includedNo
Current readiness
What is secured, what is being built, and what capital unlocks.
Commercial interest
Five BPCL LOIs support the market case. Definitive plant-wise contracts remain part of project development.
Land base identified
Approximately 15 hectares of promoter-family land is available in the Bharatpur area; project-entity structuring and title due diligence form part of closing.
Phase 1 development
Engineering, permits, lender discussions, feedstock contracting and EPC terms progress toward financial close.
Capital unlock
The raise provides the development and promoter-equity component required to move the first plant toward debt-backed execution.
External assessment · HySights
The project review, published in full.
HySights assessed Tejomay's Rajasthan compressed-biomethane project as of 29 July 2026. We are publishing both supplied reports so potential partners can review the positive factors and the development risks directly.
- Land for the first project is identified as acquired and converted for industrial use.
- The proposed technology stack is proven and commercially available in India.
- National CBG policy support and potential Bioenergy CFA eligibility strengthen the context.
- Execution risk is high because this would be the sponsor's first commercial plant.
- Timing and feedstock risks remain moderate to high at the current development stage.
- Offtake risk is high while commercial terms remain non-binding and under negotiation.
3-page external assessment
HySights Project Ratings
Project background and HySights' analysis of sovereign, execution, timing, location, feedstock, offtake, technology and design risk.
Open full PDF2-page asset-deal profile
HySights Deal Flow Intelligence
The project opportunity, capital requirement, technology pathway, feedstock plan, policy support and portfolio context.
Open full PDFThe reports are reproduced as supplied. The analysis and ratings are HySights' views and do not constitute an endorsement, investment advice or a solicitation to invest. Investors should conduct independent due diligence.
A second growth track
Shuddhilok: launch capital for trusted fresh food.
Shuddhilok is seeking ₹50 lakh+ in patient launch capital and strategic operating partners for its first Jaipur fresh market, followed by a farmer-linked Bharatpur collection backbone.
Explore the Shuddhilok modelFIRST-YEAR PROOF
Store 1
Fresh produce, operational controls and daily demand data.
Store 2 gate
Only after waste, availability and manager-independence targets hold.
Rural backbone
Collection, grading, farmer records and later dairy-route capability.
Begin due diligence
Meet the founder and review the project in detail.
The information on this page is indicative, subject to due diligence and definitive agreements, and does not constitute a public offer or investment advice.