Telge Projects Ltd. IPO
IPO Timeline
Category-wise Subscription
| Category | Sub (x) | Offered | Bid For | Amt (Cr)* |
|---|---|---|---|---|
| QIB | — | 1,225,200 (47%) | — | ₹1,286 Cr |
| NII (HNI) | — | 372,000 (14%) | — | ₹391 Cr |
| Retail | — | 866,400 (33%) | — | ₹910 Cr |
| Market Maker | — | 130,800 (5%) | — | ₹14 Cr |
| Σ Total | — | 2,594,400 (100%) | — | ₹27,241 Cr |
Only available investor categories are shown. Amount is auto-calculated when shares offered and issue price are available.
Issue Details
Minimum Investment (Lot-wise)
| Category | Lots | Shares | Amount (₹) |
|---|---|---|---|
| Retail (Min) | 1 | 1,200 | ₹126,000 |
| Retail (Max) | 13 | 15,600 | ₹1,638,000 |
| S-HNI (Min) | 14 | 16,800 | ₹1,764,000 |
| B-HNI (Min) | 67 | 80,400 | ₹8,442,000 |
Financial Statements Amount in ₹ Crores
| Metric | 31 Mar 2025 | 31 Mar 2024 | 31 Mar 2023 |
|---|---|---|---|
| Revenue | 26 | 13 | 8 |
| EBITDA | 8 | 4 | 1 |
| Profit After Tax | 5 | 3 | 1 |
| Net Worth | 11 | 5 | 2 |
| Total Assets | 26 | 10 | 6 |
| Reserves & Surplus | 10 | 4 | 1 |
| Total Borrowing | 9 | 3 | 3 |
Valuation & Key Ratios
Grey Market Premium (GMP)
GMP is an unofficial grey market indicator and does not guarantee actual listing price. Invest at your own risk.
Objects of the Issue
- Funding of Capital expenditure towards purchase of additional office premises at Pune, Maharashtra – 8.73
- Funding of capital expenditure requirements towards Purchase of computers, laptops, other related accessories and Purchase of software subscriptions – 2.44
- Hiring of Manpower in our Company – 4.18
- Investment in subsidiary for hiring Manpower in Telge Projects Inc – 4.86
- General Corporate Purpose –
Company Overview
Incorporated on January 16, 2018, Telge Projects Ltd is engaged in comprehensive range of engineering design services.
The company primarily serve EPC (Engineering, Procurement, and Construction) firms, fabricators, and contractors by offering accurate, cost-effective, and timely engineering design services.
The company has executed projects across 11 countries, including Australia, Canada, Ireland, Latvia, Malaysia, New Zealand, Poland, Singapore, Sweden, UK (United Kingdom) and USA (United States of America). It also acquired a subsidiary, Telge Projects Inc. in USA.
Services:
- Building Information Modeling (BIM) Services
- Structural Engineering Design Services
- Material Take- Offs (MTO)
- 2D Drafting Services
- Architectural Services
As on March 31, 2025, the company had 166 employees.
Competitive Strengths:
- Deep domain expertise with software capabilities
- Long Standing Relationships with customers globally
- Leveraging the experience of our Promoter and Senior Managerial Personnel
- Established market setup and diversified service range
- Global Presence across various countries
- In-House Execution with Two-Shift Model
- Strategic Acquisitions