IPO

Telge Projects Limited IPO

BSE SME

Listed On: Oct 3, 2025 at ₹ 108.1

₹ 252000 /2400 Shares
*Min Investment

Check Allotment

25 Sep, 2025

Open Date

29 Sep, 2025

Close Date

30 Sep, 2025

Allotment Date

03 Oct, 2025

Listing Date
Telge Projects IPO Live Subscription Details
View Subscription Details
QIB 5.41x
Individual 1.73x
NIIs 3.10x
BHNI 3.52x
SHNI 2.29x
Individual 1.73x
Total 3.07x
Last updated: 29 Sep 2025, 07:01 PM
Telge Projects IPO Issue Details
  • Issue Price ₹95-₹105 per equity share
  • Face Value ₹10 Per Equity Share
  • Total Issue Size 25,94,400 shares(aggregating up to ₹27.24 crore)
  • Fresh Share 25,94,400 shares(aggregating up to ₹27.24 crore)
  • Listing at BSE SME
  • List Price 108.1
  • Listing Date 2025-10-03
  • Lead Manager Smart Horizon Capital Advisors Pvt.Ltd.
  • Registrar Bigshare Services Pvt.Ltd.
Market Lot Size

Investors can bid for a minimum of 2400 shares and in multiples thereof. The following table depicts the minimum and maximum investment by Individual Investors and HNI in terms of shares and amount.

ApplicationLotsSharesAmount
Individual (min)22400₹2,52,000
Individual(max)22400₹2,52,000
SHNI(min) 33600₹3,78,000
SHNI(max) 78400₹8,82,000
BHNI(min) 89600₹10,08,000
Telge Projects IPO Reservation

Telge Projects IPO offers total 25,94,400 shares. Out of which 4,92,000 (18.96%) allocated to QIB, 3,72,000 (14.34%) allocated to NII,8,66,400 (33.4%) allocated to RII, NA (NA%) allocated to employees and 7,33,200 (28.26%) allocated to Anchor investors.

Investor CategoryShares OfferedMaximum Allottees
Anchor Investor Shares Offered7,33,200 (28.26%)
Market Maker Shares Offered1,30,800 (5.04%)
QIB Shares Offered4,92,000 (18.96%)
NII (HNI) Shares Offered3,72,000 (14.34%)
bNII < ₹10L2,48,400 (9.48%)
sNII < ₹10L1,22,400 (4.76%)
Individual Shares Offered8,66,400 (33.4%)
Total Shares Offered25,94,400 (100%)
Telge Projects IPO Documents
Telge Projects IPO Details


Telge Projects Limited IPO is an SME IPO, priced at ₹95-₹105 per equity share. The equity shares have a face value of ₹10 Per Equity Share each and will be listed on the BSE SME platform. The IPO comprises a total issue of 25,94,400 equity shares, aggregating up to ₹27.24 crores..

The IPO bidding window is open from Sep 25, 2025 to Sep 29, 2025. The allotment is expected to be finalized on Sep 30, 2025, and the tentative listing date is Oct 3, 2025.

The minimum lot size for Individual investors is 2400 shares, with a minimum investment of ₹2,52,000.

Smart Horizon Capital Advisors Pvt.Ltd. is acting as the lead manager to the issue. The registrar of the IPO is Bigshare Services Pvt.Ltd., and

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Telge Projects IPO Subscription Analysis And Details
Retail
1.72x
Total
2.99x
As onQIB / NIIIndividualTotal
Shares Offered / Reserved4,92,000 / 3,72,0008,66,40017,30,400
Day 1 25-09-25 06:00 PM
0.0 / 0.37 x0.09 x0.12 x
Day 2 26-09-25 06:00 PM
0.25 / 0.61 x0.15 x0.28 x
Day 3 29-09-25 06:00 PM
5.41 / 2.75 x1.72 x2.99 x

Total No of Applications
764
Telge Projects Valuations
EPS Pre IPO ₹7.48/-
EPS Post IPO ₹5.50/-
P/E Pre IPO 14.04
P/E Post IPO 19.10
ROE 67.29%
ROCE 56.22%
Debt/Equity 0.83
RoNW 47.46%
PAT Margin 21.45%
EBITDA Margin 32.97%
Price to Book Value 6.56
Telge Projects Company Financials
In Crs.
In Cr.
31-Mar-2531-Mar-24
Assets25.5610.37
Revenue25.6512.50
Profit After Tax5.382.66
Net Worth11.344.66
Reserves & Surplus10.313.66
Total Borrowing9.382.76
About Telge Projects Company

Telge Projects offers a wide spectrum of engineering design solutions such as Building Information Modeling (BIM), structure design, material take-offs (MTO), 2D drafting, and architectural design. All our services are customized to facilitate smooth and effective project delivery with the latest technology-based approaches.

The firm mainly service EPC (Engineering, Procurement, and Construction) companies, fabricators, and contractors by providing precise, cost-saving, and timely engineering design solutions. We are ISO 9001:2015 certified and dedicated to 3D modeling and detailing of steel and precast structures for the construction and civil industries.

It undertakes two types of contracts - 1. fixed price contracts and 2. Time and material (T&M) contracts.
It has customers from commercial, industrial, infrastructure, institutional and residential segments in domestic and overseas market.

The firm has completed projects in 11 nations, which are Australia, Canada, Ireland, Latvia, Malaysia, New Zealand, Poland, Singapore, Sweden, UK (United Kingdom) and USA (United States of America). It also purchased a subsidiary, Telge Projects Inc. in USA.

The firm has 81 active projects as of March 31, 2025 with an aggregate total order book of ₹442.01 lakhs.

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Telge Projects - Promoter(s)

Ms. Shraddha Shailesh Telge

Pre Issue Share Holding : 97.28%

Post Issue Share Holding : 71.50%

Telge Projects IPO - Issue Objectives
1

Funding of Capital expenditure towards purchase of additional office premises at Pune, Maharashtra – ₹8.95 Cr

2

Funding of capital expenditure requirements towards Purchase of computers, laptops, other related accessories and Purchase of software subscriptions – ₹2.44 Cr

3

Hiring of Manpower in our Company – ₹4.18 Cr

4

Investment in subsidiary for hiring Manpower in Telge Projects Inc – ₹4.86 Cr

5

General Corporate Purpose

Contact Details

Telge Projects

Unit No. 502A, 5th floor, Om Chambers, Plot No. T-29, 30, 31, T Block, Bhosari I.E., Pune, Maharashtra Pune, Maharashtra, 411026

+91 7757950799

compliance@telgeprojects.com

https://telgeprojects.com/

Registrar Contact Details