Telge Projects Limited – IPO
Telge Projects Limited – IPO Details
| IPO Date | September 25, 2025 to September 29, 2025 |
| Listing Date | October 3, 2025 |
| Face Value | ₹ 10 / Share |
| Price Band | ₹ 95 to ₹ 105 / Share |
| Lot Size | 1200 Shares |
| Total Issue Size | 25,94,400 shares (Aggregating up to ₹27.24 Cr) |
| Fresh Issue | |
| Offer for Sale | |
| Employee Discount | |
| Issue Type | Bookbuilding IPO |
| Listing At | BSE SME |
| Share holding pre issue | 71,95,748 shares |
| Share holding post issue | 97,90,148 shares |
| Market Maker portion |
Telge Projects Limited Timeline (Tentative Schedule)
Telge Projects Limited IPO opens on September 25, 2025, and closes on September 29, 2025.
| IPO Open Date | September 25, 2025 |
| IPO Close Date | September 29, 2025 |
| Basis of Allotment | September 30, 2025 |
| Initiation of Refunds | October 1, 2025 |
| Credit of Shares to Demat | October 1, 2025 |
| Listing Date | October 3, 2025 |
| Cut-off time for UPI mandate confirmation | September 29, 2025 |
Telge Projects Limited IPO Lot Size
Investors can bid for a minimum of 2,400 shares and in multiples of 1,200 shares thereof. The following table depicts the minimum and maximum investment by Individual Investors (Retail) and HNI in terms of shares and amount.
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (Min) | 2 | 2,400 | Rs.252,000 |
| Retail (Max) | 2 | 2,400 | Rs.252,000 |
| S-HNI (Min) | 3 | 3,600 | Rs.378,000 |
| S-HNI (Max) | 7 | 8,400 | Rs.882,000 |
| B-HNI (Min) | 8 | 9,600 | Rs.1,008,000 |
| HNI (Min) |
Telge Projects Limited IPO Promoter Holding
| Share Holding Pre Issue | 97.28% |
| Share Holding Post Issue | 71.50% |
Telge Projects Limited IPO Reservation
Telge Projects IPO offers a total of 25,94,400 shares. Out of which 12,25,200 (47.22%) allocated to QIB, 4,92,000 (18.96%) allocated to QIB (Ex- Anchor), 3,72,000 (14.34%) allocated to NII, 8,66,400 (33.40%) allocated to RII, and 7,33,200 (28.26%) allocated to Anchor investors.
| Investor Category | Shares Offered | Maximum Allottees |
|---|---|---|
| Anchor Investor Shares Offered | |
|
| Market Maker Shares Offered | 1,30,800 (5.04%) |
|
| Other Shares Offered | |
|
| QIB Shares Offered | 12,25,200 (47.22%) |
|
| NII (HNI) Shares Offered | 3,72,000 (14.34%) |
|
| bNII > ₹10L | |
|
| sNII < ₹10L | |
|
| Retail Shares Offered | 8,66,400 (33.40%) |
|
| Employee Shares Offered | |
|
| Total Shares Offered | 25,94,400 (100.00%) |
Telge Projects Limited IPO Anchor Investors Details
Telge Projects IPO raises ₹7.70 crore from anchor investors. Telge Projects' IPO Anchor bid date is September 24, 2025.
| Bid Date | 2025-09-24 |
| Shares Offered | |
| Anchor Portion Size (In Cr.) | 7.70 |
| Anchor lock-in period end date for 50% shares (30 Days) | October 30, 2025 |
| Anchor lock-in period end date for remaining shares (90 Days) | December 29, 2025 |
About Telge Projects Limited
Incorporated on 16th January, 2018, Telge Projects Ltd is involved in an extensive range of engineering design services.
The company mainly serves EPC (Engineering, Procurement, and Construction) companies, fabricators, and contractors by delivering precise, cost-efficient, and timely engineering design services. The company has completed projects in 11 countries, i.e., Australia, Canada, Ireland, Latvia, Malaysia, New Zealand, Poland, Singapore, Sweden, the UK (United Kingdom), and the USA (United States of America). It also acquired a subsidiary, Telge Projects Inc., in the USA.
Services:
Building Information Modeling (BIM) Services
Structural Engineering Design Services
Material Take- Offs (MTO)
2D Drafting Services
Architectural Services
As on March 31, 2025, the company employed 166 people.
Competitive Strengths:
Deep domain expertise with software capabilities
Long Standing Customer Relationships across the world
Leveraging the expertise of our Promoter and Senior Managerial Staff
Established market infrastructure and diversified range of services
Global Presence in multiple countries
In-House Implementation with Two-Shift Model
Strategic Acquisitions
Key Performance Indicator
The market capitalization of Telge Projects' IPO is ₹102.80 Cr.
| KPI | Values |
|---|---|
| ROE | 67.29% |
| ROCE | 56.22% |
| Debt/Equity | 0.83 |
| RoNW | 47.46% |
| P/BV | 6.56 |
| PAT Margin (%) | 21.45% |
| Pre IPO | Post IPO | |
|---|---|---|
| EPS (Rs) | 7.48 | 5.50 |
| P/E (x) | 14.04 | 19.1 |
Note:
- The Pre IPO EPS is calculated based on Pre-IPO shareholding as on the date of RHP and the latest FY earnings as of March 31, 2025, that is available in RHP.
- The Post Issue EPS is calculated based on the Post issue shareholding and annualized FY earnings of March 31, 2025, which is available in RHP.
Objects of the Issue (Telge Projects Limited IPO Objectives)
Telge Projects Limited 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, 411026 Phone: +91 7757950799 Email: [email protected] Website: https://telgeprojects.com/ |
Telge Projects Limited IPO Registrar
Bigshare Services Pvt.Ltd. Phone: +91-22-6263 8200 Email: [email protected] |