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Home > IPO Details

TELGE PROJECTS LIMITED

25 Sep 2025 - 29 Sep 2025 Individual Category SME BSE
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Min Investment

₹252000

Price Band

₹95-₹105

Issue Size

18.61 lakhs
Equity Shares

Lot Size

1200 (per lot)

IPO Dates
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25 Sep 2025

Open Date

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29 Sep 2025

Close Date

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30 Sep 2025

Allotment Date

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03 Oct 2025

Listing Date

Telge Projects IPO is a book-built issue worth Rs 27.24 crores, comprising entirely a fresh issue of 0.26 crore shares aggregating to Rs 27.24 crores. The IPO opened for subscription on September 25, 2025, and will close on September 29, 2025, with the allotment expected to be finalised on September 30, 2025. The shares are proposed to be listed on the BSE SME platform, with a tentative listing date of October 3, 2025. The price band is set between Rs 95.00 and Rs 105.00 per share, with a lot size of 1,200 shares. Retail investors are required to apply for a minimum of 2 lots (2,400 shares), amounting to Rs 2,52,000, while HNI investors must apply for a minimum of 3 lots (3,600 shares), totalling Rs 3,78,000. Smart Horizon Capital Advisors Pvt. Ltd. is the book running lead manager, Bigshare Services Pvt. Ltd. is the registrar, and Shreni Shares Ltd. is the market maker for the issue.

Know Before Investing

Strengths icon

  • Strong global presence with projects in 11 countries.
  • Experienced promoters and senior management team.
  • Diversified services including BIM structural design MTO and 2D drafting.

Weaknesses icon

  • Smaller scale compared to large global EPC firms.
  • High reliance on timely project execution and approvals.
  • Limited proprietary technology; dependent on software subscriptions.

About Telge Projects Limited

Incorporated on January 16, 2018, Telge Projects Ltd provides a comprehensive range of engineering design services, primarily catering to EPC firms, fabricators, and contractors by delivering accurate, cost-effective, and timely solutions. The company has executed projects across 11 countries, including Australia, Canada, Ireland, Latvia, Malaysia, New Zealand, Poland, Singapore, Sweden, the UK, and the USA, where it also acquired a subsidiary, Telge Projects Inc. Its service offerings include Building Information Modeling (BIM), structural engineering design, Material Take-Offs (MTO), 2D drafting, and architectural services. As of March 31, 2025, the company employed 166 professionals.

Founded

2018

Managing Director

Shraddha Shailesh Telge

Parent Organization

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IPO Objectives

The proceeds from the issue are proposed to be utilized for funding capital expenditure of Rs 8.73 crores for the purchase of additional office premises in Pune, Maharashtra, Rs 2.44 crores for the acquisition of computers, laptops, related accessories, and software subscriptions, Rs 4.18 crores for hiring manpower within the company, Rs 4.86 crores for investment in the subsidiary Telge Projects Inc. for manpower recruitment, with the remaining funds allocated for general corporate purposes.

Company Promoters

Shraddha Shailesh Telge

Subscription Details

Investor Category Subscription (times)
Qualified Institutions 0
Non-Institutional Buyers 0
bNII (bids above ₹10L) 0
sNII (bids below ₹10L) 0
Retail Investors 0
Employees 0
Others 0
Total 0
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