Telge Projects Limited IPO

Telge Projects Limited IPO

SME BSE SME 100% Book Built Offer
Closed

Price Band

₹95 - ₹105

Total Issue

₹27.24 Cr

Bid Dates

25 Sep - 29 Sep

Subscription

2.86x

Est. GMP

₹0 (0.00%)

Website RHP Check Allotment

Tentative Timetable

Open
Close
Allotment
Refunds
Credit
Listing

Business Overview

Incorporated on January 16, 2018, Telge Projects Limited provides a comprehensive range of engineering design services, including Building Information Modeling (BIM), structural design, material take-offs (MTO), 2D drafting, and architectural design. With a focus on modern methodologies over traditional approaches, it delivers accurate, cost-effective solutions to EPC firms, fabricators, and contractors. Serving clients across commercial, industrial, infrastructure, institutional, and residential sectors, the company operates in both domestic and international markets. In India, it has a presence in Maharashtra and Odisha, and globally, it exports services to over 11 countries, including the USA, UK, Canada, Australia, and Singapore.

Lot Info

Lot Information for Telge Projects IPO
Category Lots Shares Amount
Individual (Min) 2 2,400 ₹2,52,000
Individual (Max) 2 2,400 ₹2,52,000
S-HNI (Min) 3 3,600 ₹3,78,000
S-HNI (Max) 7 8,400 ₹8,82,000
B-HNI (Min) 8 9,600 ₹10,08,000
Market Maker
130800 EQ Shares
Employee
₹0.00
Shareholder
₹0.00

Issue Size

Total ₹27.24 Cr
Fresh Issue
₹27.24 Cr (0.26 Cr Shares)
Offer For Sale
₹0.00 (0.00 Shares)

Objects of the Issue

A1

₹B1 Cr

A2

₹B2 Cr

A3

₹B3 Cr

Grey Market Premium

GMP ₹0
Est. Price ₹105
Est. Gain 0.00%

Telge Projects IPO Peer Comparison

There are no comparable listed peers in India as per the company

Financial Performance

(Rs. in crores)

Financial Performance Metrics for Telge Projects IPO
Particulars Mar-25 Mar-24 Mar-23
Revenue from Operations 25.08 12.41 7.44
Profit after Tax 5.38 2.66 0.90
Net Worth 11.34 4.66 2.09
Total Borrowing 9.38 2.76 2.50
Total Assets 25.56 10.37 5.88
NAV per share (in ₹) 16.00 7.76 3.48
EPS - Basic (in ₹) 7.60 4.43 1.50

KPIs

EBITDA

32.97%

PAT

21.45%

ROE

67.29%

ROCE

56.22%

Debt to Equity

0.83

PE Ratio

13.82

PB Ratio

6.56

Mkt Cap (in Crs.)

102.80

  • All the data pertains to FY 2024-25.
  • PE, PB, and market capitalization are calculated based on the Upper Price Band.

Shareholding

Promoter

97.28%

Public

2.72%

Shraddha Shailesh Telge 97.28%

Management

Shraddha Shailesh Telge MD & CEO
Vinayak Mane CFO

Registrar & Lead Managers

Lead Managers (1)

Subscription Status

Updated as on 29 Sep 2025 | 05:00:00 PM

BSE SME Subscription Status for Telge Projects IPO
Category Sub (x) Offered Bids
QIB 5.41x 4,92,000 26,64,000
NII 2.75x 3,72,000 10,23,600
bHNI 3.00x 2,47,998 7,42,800
sHNI 2.26x 1,24,002 2,80,800
Individual Investor 1.73x 8,66,400 15,02,400
Total 3.00x 17,30,400 51,90,000

Frequently Asked Questions

What is Telge Projects IPO?
Telge Projects IPO is a SME IPO having an issue size of ₹27.24 Crs. Telge Projects IPO is priced at ₹95 - ₹105 per share. The issue opens on 25 Sep 25 and closes on 29 Sep 25.
When will Telge Projects IPO open?
Telge Projects IPO opens on 25 Sep 25 and closes on 29 Sep 25.
What is the GMP of Telge Projects IPO?
The estimated Grey Market Premium of Telge Projects IPO is ₹0 per share (0.00%).
What is the lot size of Telge Projects IPO?
The minimum lot size of Telge Projects IPO is 1200 shares & the minimum application amount is Rs. 126000.
When is the allotment of Telge Projects IPO?
The allotment date of Telge Projects IPO is 30 Sep 25.
What is the listing date of Telge Projects IPO?
The listing date of Telge Projects IPO is 03 Oct 25.
What is the subscription of Telge Projects IPO?
Telge Projects IPO is subscribed 2.86 times.
What is the price band of Telge Projects IPO?
Telge Projects IPO is priced at ₹95 - ₹105 per share.
How to check allotment status of Telge Projects IPO?
Click the allotment link on Telge Projects IPO page of IPO360.
How to apply Telge Projects IPO in Zerodha?
  1. Go to Kite App → Tap on Bids → Tap on IPO
  2. Select the IPO → Tap on apply → Enter UPI ID
  3. Enter Qty and Price
  4. Submit the application
  5. Approve the UPI Mandate on your UPI app
How to apply Telge Projects IPO in Groww?
  1. Go to Groww App → Stocks Section → Select IPO option
  2. Select the IPO you want to apply
  3. Enter your bid details and price
  4. Enter UPI ID & submit
  5. Approve the UPI Mandate on your UPI app
How to apply Telge Projects IPO using ASBA?
  1. Log in to your bank's net banking portal.
  2. Navigate to the 'IPO' or 'ASBA' section.
  3. Select Telge Projects IPO from the list of available IPOs.
  4. Enter the required details: Bid quantity, Price, DP ID & Client ID, etc
  5. Submit the application.
  6. Money will remain blocked till the refund date