Telge Projects IPO opens for bidding from September 25 to September 29, 2025, with a price range of ₹95 to ₹105 per share and a lot size of 1,200 shares. The company operates in the engineering services sector, offering a spectrum of design solutions such as BIM, structural engineering, material take-offs, and architectural drafting for EPC firms and fabricators. Telge Projects IPO revenue surged 105% from ₹12.50 crore in FY 2024 to ₹25.65 crore in FY 2025, while PAT also grew 103% to ₹5.38 crore.
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Expert Opinions
Market sentiment for Telge Projects IPO is positive due to the company’s rapid financial growth and expanding client base in engineering design solutions for EPC firms. Key strengths include a revenue increase of over 100% in FY 2025 and an impressive Return on Equity (ROE) of 67.29%, supported by effective capital management and diversified service offerings. Risks and challenges stem from concentrated sector exposure, client dependency, and intense competition among engineering service providers.
Valuation analysis of financial year 2025 for Telge Projects IPO highlights ROCE at 56.22%, and Net Asset Value (NAV) of ₹16.00, reflecting solid financial health and strong performance metrics. From a long-term perspective, This IPO provides investors the chance to participate in a scalable engineering and design services business with attractive growth prospects, though short-term volatility may persist due to niche sector dynamics.
Investor Considerations
Telge Projects IPO demonstrates strong company performance, with revenue rising by 105% to ₹25.65 crore and a PAT margin of 21.45% in FY 2025, highlighting efficient operations and solid profitability. The sector outlook remains favorable due to rising demand for engineering design and BIM services in infrastructure and EPC, aided by digitalization trends. The Telge Projects IPO valuation for financial year 2025 shows a Price to Book Value of 6.56, and Debt/Equity ratio of 0.83, suggesting healthy returns but moderate leverage.
Growth prospects are underpinned by business expansion, technology adoption, and increased global demand. Key risks include dependency on a niche sector, concentration of clients, and business volatility. The IPO appeals to long-term investors seeking scalable engineering solutions, while short-term investors should be cautious about sector-specific fluctuations and client concentration risks.
FAQs
Telge Projects IPO Current GMP is ₹00.
Telge Projects IPO Expected Returns is 0.00%.
Telge Projects IPO estimated listing price is ₹105.