Key IPO Details
| Particulars |
Details |
| IPO Open Date |
September 25, 2025 |
| IPO Close Date |
September 29, 2025 |
| Listing Date |
October 3, 2025 |
| Face Value |
₹10 per equity share |
| Price Band |
₹95 to ₹105 per share |
| Issue Size |
Approx. ₹27.24 Crores |
| Fresh Issue |
Approx. ₹27.24 Crores |
| Offer for Sale |
– |
| Issue Type |
Book Built Issue |
| IPO Listing |
BSE SME |
| Retail Quota |
35% |
| QIB Quota |
50% |
| NII (HNI) Quota |
15% |
Market Lot Information
| Category |
Lot Size |
Shares |
Amount (₹) |
| Retail Minimum |
2 |
2,400 |
2,52,000 |
| Retail Maximum |
2 |
2,400 |
2,52,000 |
| S-HNI Minimum |
3 |
3,600 |
3,78,000 |
| S-HNI Maximum |
7 |
8,400 |
8,82,000 |
| B-HNI Minimum |
8 |
9,600 |
10,08,000 |
Important IPO Dates
| Event |
Date |
| IPO Opening |
September 25, 2025 |
| IPO Closing |
September 29, 2025 |
| Basis of Allotment |
September 30, 2025 |
| Refund Initiation |
October 1, 2025 |
| Demat Credit |
October 1, 2025 |
| Listing Date |
October 3, 2025 |
Promoters
About the Company
Telge Projects, founded in January 2018, is engaged in engineering design services including BIM, structural design, MTO, 2D drafting, and architectural design. The company operates on both fixed price and time & material contracts, delivering customized solutions based on project size, payment terms, and supply schedule. The company is led by skilled and experienced promoters.
Financial Performance
| Period Ended |
Revenue (₹ Cr) |
Expense (₹ Cr) |
PAT (₹ Cr) |
Assets (₹ Cr) |
| 2024 |
12.50 |
8.90 |
2.66 |
10.37 |
| 2025 |
25.65 |
18.54 |
5.38 |
25.56 |
Key Financial Ratios (FY2025)
| KPI |
Value |
| ROE |
67.29% |
| ROCE |
56.22% |
| EBITDA Margin |
32.97% |
| PAT Margin |
21.45% |
| Debt to Equity Ratio |
0.83 |
| EPS (Basic) |
₹7.60 |
| P/E Ratio |
N/A |
| RoNW |
47.46% |
| Net Asset Value (NAV) |
₹16.00 |
Peer Group Comparison
| Company |
EPS |
PE Ratio |
RoNW (%) |
NAV |
Income |
| Mold-Tek Technologies Limited |
4.26 |
38.32 |
10.34% |
41.21 |
– |
Purpose of the IPO
- Purchase of additional office premises (Pune)
- Purchase of computers, laptops, accessories & software
- Hiring manpower
- Investment in subsidiary for hiring manpower (Telge Projects Inc)
- General Corporate Purpose
Registrar & Contact Details
Registrar:
Bigshare Services Pvt.Ltd.
Phone: +91-22-6263 8200
Email: ipo@bigshareonline.com
Website: https://ipo.bigshareonline.com/IPO_Status.html
Lead Manager:
Smart Horizon Capital Advisors Pvt.Ltd.
Company Address:
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: compliance@telgeprojects.com
Website: https://telgeprojects.com/
Reviews
The company has shown strong growth in revenue and profitability. Investors may consider for long-term investment, but are advised to research further and consult financial advisors before investing.
