Nifty 50
- Adani Enterprises₹3,16957.00 (1.83%)
- Hindalco Industries₹1,024-29.00 (-2.75%)
- Kotak Mahindra Bank₹424.207.50 (1.80%)
- HDFC Bank₹711-16.20 (-2.23%)
- Adani Ports₹1,71422.50 (1.33%)
- Mahindra & Mahindra₹3,330-68.20 (-2.01%)
- Cipla₹1,42017.30 (1.23%)
- Shriram Finance₹1,101-16.50 (-1.48%)
- Bharat Electronics₹4114.10 (1.01%)
- HCL Technologies₹1,282-16.50 (-1.27%)
- Tata Motors PV₹3162.90 (0.93%)
- Grasim Industries₹3,258-41.90 (-1.27%)
- ICICI Bank₹1,44313.00 (0.91%)
- Bharti Airtel₹1,878.30-23.80 (-1.25%)
- Tech Mahindra₹1,58514.00 (0.89%)
- Reliance Industries₹1,282.20-15.80 (-1.22%)
- Eicher Motors₹8,10065.00 (0.81%)
- Jio Financial ₹238.10-2.90 (-1.20%)
- Titan Company₹5,139.3039.30 (0.77%)
- InterGlobe Aviation₹5,189-61.50 (-1.17%)
- Offerings
- Tools & Platforms
Tools & Calculators
- Open API
- Calculators
- SIP Calculator
- CAGR Calculator
- Compound Interest Calculator
- FD Calculator
- RD Calculator
- EPF Calculator
- Retirement Calculator
- HDFC SIP Calculator
- Mutual Fund Return Calculator
- Lumpsum Calculator
- Step Up SIP Calculator
- ETF SIP Calculator
- Brokerage Calculator
- Equity Margin Calculator
- SWP Calculator
- EMI Calculator
- MTF Calculator
- Margin Pledge Calculator
- Markets
Stocks
F&O
Mutual Funds
- More
Telge Projects IPO
₹1,14,000/1200 shares
Minimum Investment
IPO Details
25 Sep 25
29 Sep 25
₹1,14,000
1200
₹95 to ₹105
BSE
₹27.24 Cr
03 Oct 25
Open Free Demat Account
Open Free Demat Account
Telge Projects IPO Timeline
Bidding Start
25 Sep 25
Bidding Ends
29 Sep 25
Allotment Finalisation
30 Sep 25
Refund Initiation
01 Oct 25
Demat Transfer
01 Oct 25
Listing
03 Oct 25
Telge Projects Limited

Telge Projects offers a wide range of engineering design services, including BIM, structural design, MTO, drafting, and architectural solutions, with a focus on modern, technology-driven methodologies. Serving EPC firms, contractors, and fabricators, it provides cost-effective, accurate, and timely services, certified by ISO 9001:2015. The company executes fixed-price and T&M contracts across commercial, industrial, infrastructure, institutional, and residential sectors. With projects delivered in 11 countries and a U.S. subsidiary, Telge Projects had 81 ongoing projects worth ₹442.01 lakhs as of March 31, 2025.
Telge Projects Limited IPO Overview
Telge Projects IPO is a book-built issue worth ₹27.24 crores, entirely comprising a fresh issue of 0.26 crore shares. The IPO will open for subscription on September 25, 2025, and close on September 29, 2025, with allotment expected on September 30, 2025. The shares are proposed to list on BSE SME, with a tentative listing date of October 3, 2025. The price band is set at ₹95 to ₹105 per share, with a lot size of 2,400 shares. Retail investors require a minimum investment of ₹2,52,000, while HNIs need to apply for at least three lots, amounting to ₹3,78,000. Smart Horizon Capital Advisors Pvt. Ltd. is the book-running lead manager, and Bigshare Services Pvt. Ltd. is the registrar to the issue.
Telge Projects Limited IPO Details
| Particulars | Details |
| IPO Date | 25 September 2025 to 29 September 2025 |
| Listing Date | 3 October 2025 |
| Face Value | ₹10 per share |
| Issue Price Band | ₹95 to ₹105 per share |
| Lot Size | 1,200 Shares |
| Total Issue Size | 25,94,400 shares (aggregating up to ₹27.24 Cr) |
| Fresh Issue | 25,94,400 shares (aggregating up to ₹27.24 Cr) |
| Offer for Sale | NA |
| 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 | NA |
Telge Projects Limited IPO Reservation
| Investor Category | Shares Offered |
| QIB | Not more than 50% of the Net Issue |
| Retail | Not less than 35% of the Net Issue |
| NII (HNI) | Not less than 15% of the Net Issue |
Telge Projects Limited IPO Lot Size
| Application | Lots | Shares | Amount |
| Retail (Min) | 2 | 2,400 | ₹2,52,000 |
| Retail (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 |
Telge Projects Limited IPO Promoter Holding
| Shareholding Status | Percentage |
| Pre-Issue | 97.28% |
| Post-Issue | 71.50% |
Telge Projects Limited IPO Valuation Overview
| KPI | Value |
| Earnings Per Share (EPS) | 7.60 |
| Price/Earnings (P/E) Ratio | — |
| Return on Net Worth (RoNW) | 47.46% |
| Net Asset Value (NAV) | ₹16.00 |
| Return on Equity | 67.29% |
| Return on Capital Employed (ROCE) | 56.22% |
| EBITDA Margin | 32.97% |
| PAT Margin | 21.45% |
| Debt to Equity Ratio | 0.83 |
Objects of the Proceeds
- Funding office premises purchase in Pune – ₹8.95 crore
- Capital expenditure on IT hardware and software – ₹2.44 crore
- Hiring manpower for domestic operations – ₹4.18 crore
- Investment in US subsidiary (Telge Projects Inc) for manpower – ₹4.86 crore
Key Financials (in ₹ crores)
| Particulars | 31 Mar 2025 | 31 Mar 2024 |
| Assets | 25.56 | 10.37 |
| Revenue | 25.65 | 12.50 |
| Profit After Tax | 5.38 | 2.66 |
| Reserves and Surplus | 10.31 | 3.66 |
| Total Borrowings | 9.38 | 2.76 |

SWOT Analysis of Telge Projects IPO
Strength and Opportunities
- Strong expertise in BIM and structural design across industries
- Global project execution experience across 11 countries
- Diversified contracts including fixed price and T&M models
- High growth in revenue and profitability with strong margins
Risks and Threats
- Revenue heavily dependent on EPC and contractor clients
- Exposure to forex fluctuations in international contracts
- Competition from established global engineering service firms
- Scalability challenges in hiring and training skilled manpower
Explore IPO Opportunities
Explore our comprehensive IPO pages to stay updated on the latest trends and insights.
About Telge Projects Limited
Telge Projects IPO Strengths
- Expertise in BIM and structural design ensures cost-efficient and accurate project delivery.
- Strong international presence with projects executed across 11 global markets.
- ISO 9001:2015 certification ensures high quality and process-driven services.
- Balanced contracts with fixed price and T&M models provide revenue stability.
- Robust financial growth with 105% revenue and 103% PAT increase in FY25.
- Diversified client base across EPC firms, contractors, and multiple industry sectors.
Telge Projects Limited Peer Comparison (As on March 31, 2025)
| Company Name | EPS (Basic) | NAV (₹) | P/E (x) | RoNW (%) | P/BV Ratio |
| Telge Projects Ltd. | 7.60 | 16.00 | — | 47.46 | — |
| Peer Group | |||||
| Mold-Tek Technologies Ltd. | 4.26 | 41.21 | 38.32 | 10.34 | 3.98 |
How to apply IPO with HDFC SKY?
Follow these simple steps to apply for an IPO through HDFC SKY. Secure your investments and explore new opportunities with ease by accessing the IPOs available on the platform.
- 1Login to your HDFC SKY Account
- 2Select Issue
- 3Enter Number of Lots and your Price.
- 4Enter UPI ID
- 5Complete Transaction on Your UPI App
FAQs On Telge Projects Limited IPO
How can I apply for Telge Projects Limited IPO?
What is the lot size for Telge Projects Limited IPO?
When will Telge Projects Limited IPO shares be listed?
What is the issue size of Telge Projects Limited IPO?
By signing up I certify terms, conditions & privacy policy

