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Telge Projects Limited IPO

Telge Projects Limited has started its first public offer (IPO) in order to raise ₹27.24 crore through a fresh issue of 25.94 lakh equity shares.

IPO Details
Telge Projects Limited IPO

Telge Projects Limited IPO

Telge Projects Limited IPO Details

DetailDescription
IPO DateSeptember 25, 2025 to September 29, 2025
Listing Date[.]
Face Value₹ 10 per share
Issue Price Band₹ 95 to ₹ 105 per share
Lot Size1,200 Shares
Sale TypeFresh Capital
Total Issue Size25,94,400 shares (aggregating up to ₹ 27.24 Cr)
Reserved for Market Maker1,30,800 shares (aggregating up to ₹ 1.37 Cr) Shreni Shares Ltd.
Net Offered to Public24,63,600 shares (aggregating up to ₹ 25.87 Cr)
Issue TypeBookbuilding IPO
Listing AtBSE SME
Share Holding Pre Issue71,95,748 shares
Share Holding Post Issue97,90,148 shares

About Telge Projects Limited IPO

Telge Projects Limited has started its first public offer (IPO) in order to raise ₹27.24 crore through a fresh issue of 25.94 lakh equity shares. This IPO opened for subscription on September 25, 2025 and will close on September 29, 2025. The price band is set between ₹95 and ₹105 per share. The minimum lot size of Telge Projects IPO is 1,200 shares, meaning that retail investors will need to invest at least ₹1,26,000.

The IPO allotment is expected on September 30, 2025, with shares credited to investors on October 1, 2025. Listing is anticipated on the BSE SME platform on October 3, 2025. Smart Horizon Capital Advisors Private Limited is the lead manager and Bigshare Services Private Limited is the registrar of the issue.

Company Background

Telge Projects Limited was initially set up as a private company in October 2019 and then converted to a public company by January 2024. The company is a skilled provider of engineering design services in the architecture, engineering, and construction (AEC) industry.

The company’s main services include Building Information Modelling (BIM), structural engineering design, material take-offs (MTO), 2D drafting, and architectural designs. These services help engineering, procurement, and construction (EPC) firms, fabricators, and contractors execute projects globally.

Telge Projects has extensive experience in completing over 1,000 projects internationally across Asia, Europe, Australia, the United States, and the United Kingdom. It uses advanced digital tools and software programs such as Tekla Structures, Revit, and Autodesk to deliver projects with accuracy and efficiency.

The company primarily operates through fixed-price and time-and-material contracts, focusing on completing design phases and handing over detailed project layouts to clients for execution.

Conclusion

Telge Projects IPO offers investors an opportunity to participate in a growing engineering design services firm with true international reach, leveraging today’s technologies in modern digital construction processes within the AEC industry. The benefits of continued growth from a variety of projects across sectors position the company well in the expanding global AEC services market. Investors looking for exposure to engineering and construction digital services may find this IPO to be a promising opportunity, given its strong project execution track record and positive industry outlook.

Telge Projects Limited IPO Financial Information

Latest Revenue

25.65

₹ Crore

Profit After Tax

5.38

₹ Crore

Net Worth

11.34

₹ Crore

Total Borrowing

9.38

₹ Crore

Period EndedAssetsRevenue From OperationsProfit After TaxNet WorthTotal Borrowing
31 Mar 202525.5625.655.3811.349.38
31 Mar 20241013352.76
31 Mar 20235.887.510.92.092.5
Amount in ₹ Crore

Telge Projects Limited Key Performance Indicator

KPIValues
ROE67.29%
ROCE56.22%
Debt/Equity0.83
RoNW47.46%
PAT Margin21.45%
EBITDA Margin32.97%
Price to Book Value6.56
Pre IPOPost IPO
EPS (Rs)7.486
P/E (x)14.0419
Published By
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Competitive Strengths

1

Specializes in integrated digital engineering solutions, such as BIM, structural design and architectural design, across a range of sectors such as commercial, industrial, infrastructure, institutional and residential projects.

2

Proven global delivery capabilities with over 1,000 completed projects across multiple continents, ensuring steady revenue streams and broad market exposure.

3

Utilizes advanced software tools and engages in data-driven methodologies, such as Tekla Structures and Revit, to promote greater competencies in the accuracy of deliverables, capacities for higher productivity and a quicker turnaround on projects.

Official Documents

Download regulatory filings

Telge Projects Limited IPO Timeline

IPO Open DateThu, Sep 25, 2025
IPO Close DateMon, Sep 29, 2025
Tentative AllotmentTue, Sep 30, 2025
Initiation of RefundsWed, Oct 1, 2025
Credit of Shares to DematWed, Oct 1, 2025
Tentative Listing DateFri, Oct 3, 2025
Cut-off time for UPI mandate confirmation5 PM on Mon, Sep 29, 2025

IPO Lot Size

InvestorsNo.of lotsShares OfferedMax Bid Amount
Individual investors (Retail) (Min)22,400₹2,52,000
Individual investors (Retail) (Max)22,400₹2,52,000
S-HNI (Min)33,600₹3,78,000
S-HNI (Max)78,400₹8,82,000
B-HNI (Min)89,600₹10,08,000
Telge Projects Limited IPO