BSE SME Bookbuilding IPO Fresh Capital Closed
Telge Projects Ltd. IPO 2026
₹105
Issue Price
+₹89
GMP Today
25,94,400 (100.00%)
Total Shares Offered
₹194
Est. Listing
📅
Open Date
2025-09-25
📅
Close Date
2025-09-29
🎟️
Allotment
2025-09-30
⚡
UPI Mandate
2025-09-29
📱
Listing Date
2025-10-03
🔗
Script Code
TBA
Grey Market Premium (GMP)
LIVE
Current GMP
+₹89
+84.76% vs Issue Price
Estimated Listing: ₹194
Issue Price: ₹105
· Lot: 1,200 shares
Expected P&L (1 lot):
+₹106,800
on ₹126,000
GMP is unofficial grey market data. It does not guarantee listing price or returns.
Financial Overview
Amount in ₹ Crores
| Metric | 31 Mar 2025 | 31 Mar 2024 | 31 Mar 2023 |
|---|---|---|---|
| Revenue | 25.65 | 12.50 | 7.51 |
| Profit After Tax | 5.38 | 2.66 | 0.90 |
| EBITDA | 8.27 | 3.81 | 1.46 |
| Net Worth | 11.34 | 4.66 | 2.09 |
| Total Assets | 25.56 | 10.37 | 5.88 |
| Reserves & Surplus | 10.31 | 3.66 | 1.09 |
| Total Borrowings | 9.38 | 2.76 | 2.50 |
Key Financial Ratios
67.29%
ROE
Return on Equity
56.22%
ROCE
Return on Capital Employed
47.46%
RONW
Return on Net Worth
21.45%
PAT Margin
PAT / Revenue
32.97%
EBITDA Mgn
EBITDA / Revenue
0.83%
D/E Ratio
Debt to Equity
6.56
P/BV
Price to Book Value
Issue Details
Total Shares Offered
25,94,400 (100.00%)
Net Offer to Public
24,63,600 shares (aggregating up to ₹25.87 Cr)
Market Maker Reservation
1,30,800 shares (aggregating up to ₹1.37 Cr)
Pre-Issue Shareholding
71,95,748 shares%
Post-Issue Shareholding
97,90,148 shares%
Issue Price
₹105
Face Value
₹10
Lot Size
1,200 shares
Listing Exchange
BSE SME
Issue Type
Bookbuilding IPO
Objects of Issue
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 our Company
Investment in subsidiary for hiring Manpower in Telge Projects Inc
General Corporate Purpose
Lead Managers
Smart Horizon Capital Advisors Pvt.Ltd.
IPO Timeline
Open
2025-09-25
Close
2025-09-29
Allotment
2025-09-30
Listing
2025-10-03
Registrar Details
Bigshare Services Pvt.Ltd
+91-22-6263 8200
ipo@bigshareonline.com
Company Information
Website
Email
compliance@telgeprojects.com
Phone
+91 7757950799
Address
Unit No. 502A, 5th floor, Om Chambers, Plot No. T-29, 30, 31, T Block, Bhosari I.E., Pune, Maharashtra Pune, Maharashtra, 411026
About Telge Projects Ltd.
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
Quick Facts
GMP Signal
Bullish 🚀
Status
Closed
Issue Price
₹105
Lot Size
1,200 sh
Est. Listing
₹194
Pre-Issue Hold.
71,95,748 shares%
Post-Issue Hold.
97,90,148 shares%
Registrar
Bigshare Services Pvt.Ltd
GMP Profit Calculator
Est. Listing
GMP %
1 Lot Investment
Total Investment
Expected P&L
ROI
U
Ariant · Sponsored
₹0 AMC · Advanced Charts
Apply SME IPOs via UPI instantly