Telge Projects IPO - AstroIPO

Telge Projects IPO


September 29, 2025 Written By Mihir Gohel, Reviewed and Fact Checked by Harpal Parmar

Telge Projects Ltd. is preparing to launch its engineering sector debut through its upcoming market entry. The Telge Projects IPO, opening from September 25th to September 29th, 2025, brings a ₹27.24 crore public issue of 25,94,400 shares priced within the ₹95 – ₹105 range.

Retail participants can subscribe with a minimum of 2,400 shares, requiring ₹2,52,000 investment at the upper price band. The Telge Projects IPO shares, carrying ₹10 face value, will be listed on BSE, introducing this engineering specialist to the public markets through dedicated project execution sector representation.

Telge Projects IPO Details

The key details of Telge Projects’s IPO are outlined below, covering all crucial aspects from price range to investment requirements and regulatory documents.

IPO Size ₹27.24 Cr
Price Range ₹95 - ₹105
Retail Quota 35%
QIB Quota 50%
NII Quota 15%
Employee Discount --
Listing at BSE
Minimum Quantity 2,400
Investment (cut-off price) ₹2,52,000
Pre IPO Promotor Holding 97.28%
Post IPO Promotor Holding 71.50%
DHRP Draft Click Here
RHP Draft Click Here
Anchor Investors List Click Here

Telge Projects IPO Timelines

The IPO process for Telge Projects includes key dates for participants to know. The timeline allows for strategic planning and participation, helping investors stay informed and engaged throughout the entire process.

25/09/2025
Start Date
29/09/2025
End Date
30/09/2025
Allotment Date View Status
01/10/2025
Refund Initiation
01/10/2025
Credit of Shares to Demat Ac
03/10/2025
Listing Date

Telge Projects IPO Lot Size

The Telge Projects IPO has a fixed lot size of 1,200 shares, at an upper price band of ₹105 per share. For retail investors, the minimum and maximum application is 2,400 shares (2 lots) amounting to ₹2,52,000. For Small HNI (S-HNI) investors, the minimum application is 3,600 shares (3 lots) worth ₹3,78,000, while the maximum is 8,400 shares (7 lots) amounting to ₹8,82,000. Big HNI (B-HNI) investors need to apply for at least 9,600 shares (8 lots), totaling ₹10,08,000.

Application Lot Size Shares Amount
Retail Minimum 2 2400 ₹2,52,000
Retail Maximum 2 2400 ₹2,52,000
S-HNI Minimum 3 3600 ₹3,78,000
S-HNI Maximum 7 8400 ₹8,82,000
B-HNI Minimum 8 9600 ₹10,08,000

Telge Projects IPO Subscription Status

The subscription status for Telge Projects IPO shows market demand across different investor categories, providing valuable insights into the offering’s performance. You can track real-time subscription data below.

QIB NII Retail EMP Total
0.25x 0.26x 0.15x -- 0.20x

IPO Performance on Listing Day

Opening Price Closing Price Day High Day Low

Telge Projects IPO Company Financials

Telge Projects reports robust performance in FY2025 with Total Income of ₹25.65 crores, managing expenses at ₹18.54 crores, and achieving a strong PAT (Profit After Tax) of ₹5.38 crores, demonstrating significant growth potential ahead of its public offering.

Year Total Income Total Expense PAT
FY 2024 ₹12.50 ₹8.90 ₹2.66
FY 2025 ₹25.65 ₹18.54 ₹5.38

About Company

Telge Projects Ltd, incorporated on January 16, 2018, provides a wide range of engineering design services. The company primarily caters to engineering, procurement, and construction firms, fabricators, and contractors by delivering accurate, cost-effective, and timely design solutions. It has established a global presence by executing projects in 11 countries, including Australia, Canada, Ireland, Latvia, Malaysia, New Zealand, Poland, Singapore, Sweden, the United Kingdom, and the United States. To strengthen its international footprint, the company also acquired a US-based subsidiary, Telge Projects Inc.

The company’s service offerings include building information modeling services, structural engineering design, material take-offs, two-dimensional drafting, and architectural services. These services support various phases of construction and engineering projects. As of March 31, 2025, Telge Projects Ltd employed 166 people, reflecting its operational scale and growing demand for its expertise in engineering design.

Incorporation Date Sector Managing Director
2018 Engineering Shraddha Telge

Know Before Investing

When evaluating Telge Projects's IPO potential, understanding both its market advantages and inherent risks becomes crucial for your investment. Below are the key insights you should consider.

Telge Projects IPO Strengths

  • Telge Projects specializes in Building Information Modelling (BIM), structural engineering design, architectural design, and material take-offs (MTO), offering integrated digital engineering solutions.
  • Has completed over 1,000 projects internationally across Asia, Europe, Australia, the United States, and the United Kingdom, demonstrating robust global delivery capabilities.
  • Emphasizes modern methodologies including data-driven insights and advanced software tools like Tekla Structures, Revit, and Autodesk, ensuring precision and efficiency.
  • Serves varied sectors including commercial, industrial, infrastructure, institutional, and residential projects, reducing dependence on any single market segment.
  • Maintains long-standing relationships with clients in multiple countries, contributing to steady revenue streams and business growth.
  • Expanding reach in Maharashtra and Odisha domestically and countries like UAE, Italy, Germany, and Singapore internationally.

Telge Projects IPO Risks

  • The company derives a major portion of its revenue from Building Information Modelling (BIM) services. Any decline in demand or competition in this specific segment could impact overall performance.
  • Delays or cost overruns due to design changes, client approvals, or site conditions can disrupt project timelines, affect profitability, and lead to client dissatisfaction.
  • Depends on empanelled third-party software vendors is critical; any disruption in their service delivery or failure to meet quality standards can adversely impact the company’s ability to fulfill client orders.
  • Past discrepancies and delays in corporate filings and statutory dues could attract penalties or enforcement actions, impacting financial and operational health.
  • Geographic and client concentration risk exists, with heavy reliance on particular regions or key clients, which can affect revenue stability if market conditions change.
  • Operating in a project-driven business requires significant working capital; inefficiencies or delays in receipts could strain liquidity and affect operations.

Swot Analysis for Telge Projects IPO

Understanding Telge Projects's SWOT analysis is your first step towards making a confident investment decision. Let's evaluate its core strengths and potential challenges ahead.

Strengths

Advanced BIM and Engineering Expertise, Global Project Experience, Collaborative Network

Weaknesses

Revenue & Resource Concentration, Sector Concentration, Client Dependence

Opportunities

Infrastructure Growth, Sustainability and Smart Building Solutions, Regulatory Demand for BIM

Threats

Intense Global Competition, Project Delays & Payment Risk, Regulatory and Compliance Challenges

Company 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: compliance@telgeprojects.com

Website: https://telgeprojects.com/

IPO Registar Details

Bigshare Services Pvt. Ltd.

Phone: +91-22-6263 8200

Email: ipo@bigshareonline.com

Website: https://ipo.bigshareonline.com/IPO_Status.html

FAQs

The key objectives of Telge Projects SME IPO are:

  • Funding of Capital expenditure towards purchase of additional office premises at Pune, Maharashtra;
  • Funding of capital expenditure requirements towards Purchase of computers, laptops, other related accessories and Purchase of software subscriptions;
  • Hiring of Manpower in the Company
  • Investment in subsidiary for hiring Manpower in Telge Projects Inc
  • General Corporate Purpose

Smart Horizon Capital Advisors Pvt. Ltd. is the book-running lead managers for the Telge Projects IPO.

Telge Projects IPO demonstrates strong growth potential with revenue doubling to ₹25.65 crore and profit after tax rising 103% to ₹5.38 crore in FY25. With global presence in 11 countries and expertise in BIM and structural design, it is positioned to benefit from digital construction demand.

The issue price for the Telge Projects IPO is set between ₹95 to ₹105 per share.

To invest in two lot of Telge Projects IPO, you need ₹2,28,000 at the lower price band (₹95 per share) or ₹2,52,000 at the upper price band (₹105 per share) for a lot size of 2400 shares.

Telge Projects IPO shares are scheduled to be listed on the Bombay Stock Exchange (BSE) on October 3, 2025.

Refund/unblocking of funds for Telge Projects IPO will begin on October 1, 2025. ASBA/UPI blocks will be removed within 1 working day.

You can sell shares your Telge Projects IPO shares on listing day (October 3, 2025) after they are credited to your demat account. If you want to sell in the pre-open market, the timing for that session is from 9:00 AM to 9:15 AM. Otherwise, you can sell after 10:00 AM during regular trading hours.

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