Global Ocean Logistics IPO vs Telge Projects IPO

Comparison between Global Ocean Logistics IPO and Telge Projects IPO.

IPO Details

Global Ocean Logistics IPO is a SME Bookbuilding IPO proposed to list at BSE SME while Telge Projects IPO is a SME Bookbuilding proposed to list at BSE SME.

Issue Size and Price

The total issue size of Global Ocean Logistics IPO is up to ₹28.89 Cr whereas the issue size of the Telge Projects IPO is up to ₹25.87 Cr. The final issue price of Global Ocean Logistics IPO is ₹78.00 per share and of Telge Projects IPO is ₹105.00 per share.

 Global Ocean Logistics IPOTelge Projects IPO
Face Value₹10 per share₹10 per share
Issue Price (Lower)₹74.00 per share₹95.00 per share
Issue Price (Upper)₹78.00 per share₹105.00 per share
Issue Price (Final)₹78.00 per share₹105.00 per share
Discount (Retail)
Discount (Employee)
Market Lot Size1600 shares1200 shares
Fresh Issue Size37,04,000 shares24,63,600 shares
Fresh Issue Size (Amount)up to ₹28.89 Crup to ₹25.87 Cr
OFS Issue Size0 shares0 shares
OFS Issue Size (Amount)up to ₹0.00 Crup to ₹0.00 Cr
Issue Size Total37,04,000 shares24,63,600 shares
Issue Size Total (Amount)up to ₹28.89 Crup to ₹25.87 Cr

IPO Timetable

Global Ocean Logistics IPO opens on Dec 17, 2025, while Telge Projects IPO opens on Sep 25, 2025. The closing date of Global Ocean Logistics IPO and Telge Projects IPO is Dec 19, 2025, and Sep 29, 2025, respectively.

 Global Ocean Logistics IPOTelge Projects IPO
Anchor Bid DateDec 16, 2025Sep 24, 2025
Issue OpenDec 17, 2025Sep 25, 2025
Issue CloseDec 19, 2025Sep 29, 2025
Basis Of Allotment (Tentative)Dec 22, 2025Sep 30, 2025
Initiation of Refunds (Tentative)Dec 23, 2025Oct 01, 2025
Credit of Share (Tentative)Dec 23, 2025Oct 01, 2025
Listing date (Tentative)Dec 24, 2025Oct 03, 2025
Anchor Lockin End date 1Jan 21, 2026Oct 29, 2025
Anchor Lockin End date 2Mar 22, 2026Dec 28, 2025

Financials & KPIs

Global Ocean Logistics IPO P/E ratio is 12.07, as compared to Telge Projects IPO P/E ratio of 14.04.

 Global Ocean Logistics IPOTelge Projects IPO
Financials

Company Financials (Restated Consolidated)

Global Ocean Logistics India Ltd.'s revenue increased by 85% and profit after tax (PAT) rose by 159% between the financial year ending with March 31, 2025 and March 31, 2024.

Period Ended30 Sep 202531 Mar 202531 Mar 202431 Mar 2023
Assets46.5135.2223.5618.07
Total Income108.31191.60103.45191.43
Profit After Tax4.546.822.633.83
EBITDA6.059.403.964.78
NET Worth21.9317.398.575.94
Reserves and Surplus11.396.847.574.94
Total Borrowing4.171.154.035.39
Amount in ₹ Crore

Company Financials (Restated Consolidated)

Telge Projects Ltd.'s revenue increased by 105% and profit after tax (PAT) rose by 103% between the financial year ending with March 31, 2025 and March 31, 2024.

Period Ended31 Mar 202531 Mar 202431 Mar 2023
Assets25.5610.375.88
Total Income25.6512.507.51
Profit After Tax5.382.660.90
EBITDA8.273.811.46
NET Worth11.344.662.09
Reserves and Surplus10.313.661.09
Total Borrowing9.382.762.50
Amount in ₹ Crore
Promoter Shareholding (Pre-Issue)8297.28
Promoter Shareholding (Post-Issue)59.8671.50
P/E Ratio12.0714.04
Market Cap₹112.65 Cr.₹102.80 Cr.
ROE53%67.29%
ROCE53%56.22%
Debt/Equity0.070.83
EPS₹6.46₹7.48
RoNW39.19%47.46%

Shares Offered

In the Global Ocean Logistics IPO Retail Individual Investors (RII) are offered 12,99,200 shares while in Telge Projects IPO retail investors are offered 12,99,200 shares. Qualified Institutional Buyers (QIB) are offered 7,39,200 shares in Global Ocean Logistics IPO and 4,92,000 shares in Telge Projects IPO.

 Global Ocean Logistics IPOTelge Projects IPO
Anchor Investor Reservation11,08,800 shares7,33,200 shares
Market Maker Reservation1,95,200 shares1,30,800 shares
QIB7,39,200 shares4,92,000 shares
NII5,56,800 shares3,72,000 shares
RII12,99,200 shares8,66,400 shares
Employee0 shares0 shares
Others
Total37,04,000 shares24,63,600 shares

Bids Received (Subscription)

Global Ocean Logistics IPO subscribed 13.64x in total, whereas Telge Projects IPO subscribed 2.99x.

 Global Ocean Logistics IPOTelge Projects IPO
QIB (times)4.77x5.41x
NII (times)29.47x2.75x
Big NII (times)36.63x3.00x
Small NII (times)15.14x2.26x
RII (times)11.90x1.72x
Employee (times)
Other (times)
Total (times)13.64x2.99x

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