Telge Projects IPO
GMP, Subscription, Price, Dates & Financial Details
Engineering - Construction
Telge Projects Company ProfileIncorporated to deliver advanced engineering design solutions, Telge Projects provides a comprehensive range of services, including Building Information Modeling (BIM), structural engineering design, material take-offs (MTO), 2D drafting, and architectural design. The…
Open Date
Thu, 25 Sep 2025
Close Date
Mon, 29 Sep 2025
Price Band
₹ 95 – 105
Lot Size
1200
Issue Size
₹ 27.24 Cr
Minimum Investment
₹ 252,000 (2400 Shares)
Grey Market Premium Analysis
Day Wise GMP→Unofficial premium quoted in the grey market, tracked daily against the price band cap.
Grey market trading is unregulated. GMP figures are indicative only and should not be the sole basis for investment decisions - treat as a sentiment indicator, not a guarantee.
IPO Details
Telge Projects IPO has successfully completed its IPO process and is now listed on BSE SME Platform. According to the Red Herring Prospectus (RHP), the IPO was a book-built issue with a total issue size of ₹27.24 Crore.
The Telge Projects IPO remained open for subscription from September 25, 2025, to September 29, 2025. The basis of allotment was finalized on September 30, 2025, and the company's shares were listed on BSE SME Platform on October 03, 2025.
The company had fixed the price band at ₹95 to ₹105 per share, with a lot size of 1200 shares. Retail investors were required to make a minimum investment of ₹252,000 (based on the upper price band) to apply for one lot.
Bigshare Services Pvt Ltd served as the registrar to the issue. Smart Horizon Capital Advisors Private Limited acted as the Book Running Lead Managers (BRLMs) to the issue.
With the successful completion of the IPO process, Telge Projects Limited is now a publicly listed company on BSE SME Platform. Investors can track the company's share price, trading performance, financial results, and corporate announcements through the stock exchanges.
Telge Projects IPO Timeline (Tentative)
- IPO Open Date
- Thu, 25 Sep 25
- IPO Close Date
- Mon, 29 Sep 25
- Basis of Allotment
- Tue, 30 Sep 25
- Initiation of Refunds
- Wed, 01 Oct 25
- Credit of Shares to Demat
- Wed, 01 Oct 25
- Listing Date
- Fri, 03 Oct 25 — NSE & BSE
Open Date
25 September 2025
Close Date
29 September 2025
Basis Of Allotment
30 September 2025
Listing Date
03 October 2025
IPO Subscription
Check Live Subscription →The Telge Projects IPO has received bids for 53,20,800 shares against 24,63,600 shares offered, resulting in an overall subscription of 2.16x. the NII category is subscribed 3.1x, Retail Investors 1.73x, and QIBs 2.17x.
QIB
2.17x
NII
3.1x
RII
1.73x
Total
2.16x
IPO Reservations
The Retail Individual Investor (RII) category has the highest allocation with 8,66,400 shares, representing 33.4% of the total issue. Qualified Institutional Buyers (QIBs) are allocated 12,25,200 shares (47.22%), while Non-Institutional Investors (NIIs) receive 3,72,000 shares (14.34%).
| Category | Shares Offered | Shares Offered % |
|---|---|---|
| Market Maker | 130,800 | 5.04% |
| Qualified Institutions | 1,225,200 | 47.22% |
| Non-Institutional | 372,000 | 14.34% |
| Retail Investors | 866,400 | 33.4% |
| Total | 2,594,400 | 100% |
Financials Details(₹ in Crores)
| Particular | 31 Mar 2025 | 31 Mar 2024 | 31 Mar 2023 |
|---|---|---|---|
| Assets | 25.56 | 10.37 | 5.88 |
| Revenue | 25.65 | 12.5 | 7.51 |
| Profit After Tax | 5.38 | 2.66 | 0.9 |
| Net Worth | 11.34 | 4.66 | 2.09 |
| Reserve & Surplus | 10.31 | 3.66 | 1.09 |
| Total Borrowings | 9.38 | 2.76 | 2.5 |
Financials Performance
Performance Indicators
EPS Pre
Earnings per share before the IPO.
P/E Pre
IPO Offer Price ÷ EPS Pre.
EPS Post
Expected earnings per share after the IPO..
P/E (Post Issue)
IPO Offer Price ÷ EPS Post.
Telge Projects Limited KPI Information
| Particular | Mar 2025 | Mar 2024 | Mar 2023 |
|---|---|---|---|
| ROE % | 67.29 | 78.76 | 54.87 |
| ROCE % | 56.22 | 89.5 | 30.28 |
| Debt / Equity | 0.83 | 0.59 | 1.2 |
| RoNW % | 47.46 | 57.05 | 43.06 |
| Pat Margin % | 21.45 | 21.4 | 12.09 |
Peers Comparison
| Company | Face Value | PE Ratio | EPS Basic | EPS Diluted | RoNW | Net Assets |
|---|---|---|---|---|---|---|
| Telge Projects Limited | 10 | 0.00 | 7.60 | 0.00 | 47.46 | 16.00 |
| Mold-Tek Technologies Ltd | 2 | 38.32 | 4.26 | 0.00 | 10.34 | 41.21 |
About Telge Projects Limited
Telge Projects Company Profile
Incorporated to deliver advanced engineering design solutions, Telge Projects provides a comprehensive range of services, including Building Information Modeling (BIM), structural engineering design, material take-offs (MTO), 2D drafting, and architectural design. The company leverages modern, technology-driven methodologies to ensure accuracy, efficiency, and seamless project execution.
Telge Projects primarily serves EPC (Engineering, Procurement, and Construction) firms, fabricators, and contractors, offering cost-effective and timely design services. The company is ISO 9001:2015 certified and specializes in 3D modeling and detailing of precast and steel structures for the civil and construction industries.
Its business is executed under two contract models:
- Fixed-price contracts
- Time and Material (T&M) contracts
The company’s customer base spans commercial, industrial, infrastructure, institutional, and residential sectors, across both domestic and international markets.
Telge Projects has successfully delivered projects in 11 countries, including Australia, Canada, Ireland, Latvia, Malaysia, New Zealand, Poland, Singapore, Sweden, the United Kingdom, and the United States. Strengthening its global presence, the company also established a wholly-owned subsidiary, Telge Projects Inc., in the USA.
As of March 31, 2025, Telge Projects is executing 81 ongoing projects with a total order book value of ₹442.01 lakhs.
Telge Projects IPO Promoters
- Ms. Shraddha Shailesh Telge
Promoters Holding
Holding Pre Issue
97.28%
Holding Post Issue
71.50%
Telge Projects IPO Objective
The Company Telge Projects IPO proposes to utilise the Net Proceeds from the Issue towards the following objects.
- Funding of Capital expenditure towards purchase of additional office premises at Pune, Maharashtra
- Funding of capital expenditure requirements towards Purchase of computers, laptops, other related accessories and Purchase of software subscriptions
- Hiring of Manpower in our Company
- Investment in subsidiary for hiring Manpower in Telge Projects Inc
- General corporate purposes
Telge Projects Limited Address / Contact Details
Telge Projects Ltd.
Unit No. 502A, 5th floor, Om Chambers,
Plot No. T-29, 30, 31, T Block, Bhosari I.E.,
Pune, Maharashtra
Pune, Maharashtra, 411026
Phone: +91 7757950799
Email: compliance@telgeprojects.com
IPO Snapshot
Telge Projects IPO Lot Size
The Telge Projects IPO has a lot size of 1,200 shares. Retail investors require a minimum investment of ₹2,52,000 by applying for 2 lot (2,400 shares). The maximum application allowed for the retail category is 2 lots (2,400 shares), requiring an investment of ₹2,52,000.
| Application | Lots | Shares | Amount (₹) |
|---|---|---|---|
| Retail (Min) | 2 | 2,400 | 252,000.00 |
| Retail (Max) | 2 | 2,400 | 252,000.00 |
| S-HNI (Min) | 3 | 3,600 | 378,000.00 |
| S-HNI (Max) | 7 | 8,400 | 882,000.00 |
| B-HNI (Min) | 8 | 9,600 | 1,008,000.00 |
Issue Reservation
- Market Maker — 5.04%
- QIB — 47.22%
- NII — 14.34%
- RII — 33.4%
Book Running Lead Managers
- Smart Horizon Capital Advisors Private Limited
IPO Documents & Links
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Disclaimer: This data is for informational purposes only and does not constitute investment advice.
Frequently Asked Questions
Everything you need to know before applying to an IPO.
What is the Telge Projects IPO?
Telge Projects IPO is a Book-building IPO with a total issue size of ₹27.24 crore. The Telge Projects IPO price band is ₹95 to 105 per share. The Telge Projects IPO subscription opens on Thu, Sep 25, 2025, and closes on Mon, Sep 29, 2025. The Telge Projects IPO will be listed on the BSE. Bigshare Services Pvt Ltd is the registrar for the Telge Projects IPO.
When will the Telge Projects IPO open for subscription?
The Telge Projects IPO opens on Thu, Sep 25, 2025 and closes on Mon, Sep 29, 2025
What is Telge Projects IPO Price Band?
Telge Projects IPO Price Band is ₹95 to 105 per share.
What is Telge Projects IPO Lot Size?
Telge Projects IPO lot size is 1200 shares, Retail investors need a minimum investment of ₹252000 based on the upper price band
What is the minimum investment for Telge Projects IPO?
The minimum investment for Telge Projects IPO is ₹252000, based on one lot of 1200 shares at the upper price band of ₹105 per share.
How to apply for Telge Projects IPO?
Investors can apply for the Telge Projects IPO through the ASBA (Application Supported by Blocked Amount) facility offered by their bank or through UPI using a SEBI-registered broker or trading app. Select the desired lot size, enter your bid within the price band, and submit the application before Mon, Sep 29, 2025. The application amount remains blocked until the Telge Projects IPO allotment is finalized.
What is Telge Projects IPO Issue Size?
Telge Projects IPO issue size is ₹27.24 crores.
What is the Telge Projects IPO Allotment Date?
Telge Projects IPO allotment date is Tue, Sep 30, 2025.
Who is the Telge Projects IPO Registrar?
The registrar for Telge Projects IPO is Bigshare Services Pvt Ltd. Investors can go to Bigshare Services Pvt Ltd website to check Telge Projects IPO allotment status, refund processing, and other IPO-related information.
Who is the Telge Projects IPO Lead Manager?
The book-running lead managers (BRLMs) for the Telge Projects IPO are Smart Horizon Capital Advisors Private Limited. The lead managers are responsible for managing the IPO process, including issue structuring, regulatory compliance, marketing the public issue, coordinating with investors, and ensuring a smooth listing process. For complete details, investors should refer to the Telge Projects IPO Red Herring Prospectus (RHP).