Telge Projects Ltd. has filed a Draft Red Herring Prospectus (DRHP) with the exchange on July 11, 2025 to raise funds through Initial Public Offer (IPO).
Telge Projects Ltd. IPO is a Book Build Issue
The equity shares are proposed to be listed on the BSE SME. Smart Horizon Capital Advisors Pvt.Ltd. is the book running lead manager and Bigshare Services Pvt.Ltd. is the registrar of the issue. Key details like IPO dates, IPO price bands and lot size are yet to be announced.
Refer to Telge Projects IPO DRHP for more details.
IPO Date | [.] |
Listing Date | [.] |
Face Value | ₹10 per share |
Issue Price Band | [.] to [.] per share |
Lot Size | |
Sale Type | Fresh Capital |
Total Issue Size | 25,94,400 shares (aggregating up to ₹[.] Cr) |
Issue Type | Bookbuilding IPO |
Listing At | BSE SME |
Share Holding Pre Issue | 71,95,748 shares |
Share Holding Post Issue | 97,90,148 shares |
Investor Category | Shares Offered |
---|---|
QIB Shares Offered | Not more than 50% of the Net Issue |
Retail Shares Offered | Not less than 35% of the Net Issue |
NII Shares Offered | Not less than 15% of the Net Issue |
Description | Date |
---|---|
Filed with SEBI/Exchange | Fri, Jul 11, 2025 |
Note : The value will be calculated using Equity Dilution = Share Holding Pre Issue - Share Holding Post Issue
Telge Projects provides a comprehensive range of engineering design services including Building Information Modeling (BIM), structural engineering design, material take-offs (MTO), 2D drafting, and architectural design. Our services are tailored to ensure efficient and seamless project execution using modern, technology-driven methodologies.
The company primarily serve EPC (Engineering, Procurement, and Construction) firms, fabricators, and contractors by offering accurate, cost-effective, and timely engineering design services. We are ISO 9001:2015 certified and are committed to 3D modeling and detailing of precast and steel structures for the civil and construction industries.
It executes two contract types - 1. fixed price contracts and 2. Time and material (T&M) contracts.Its customer base includes commercial, industrial, infrastructure, institutional and residential sectors in both domestic and international market.
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.
As of March 31, 2025, the company has 81 ongoing projects worth the aggregate total order book of ₹442.01 lakhs.
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 Ended | 31 Mar 2025 | 31 Mar 2024 |
Assets | 25.56 | 10.37 |
Total Income | 25.65 | 12.50 |
Profit After Tax | 5.38 | 2.66 |
EBITDA | 8.27 | 3.81 |
Net Worth | 11.34 | 4.66 |
Reserves and Surplus | 10.31 | 3.66 |
Total Borrowing | 9.38 | 2.76 |
Amount in ₹ Crore |
KPI | Values |
---|---|
ROE | 67.29% |
ROCE | 56.22% |
Debt/Equity | 0.83 |
RoNW | 47.46% |
PAT Margin | 21.45% |
EBITDA Margin | 32.97% |
The Company Telge Projects IPO proposes to utilise the Net Proceeds from the Issue towards the following objects:
S.No. | Objects of the Issue | Expected Amount (₹ in crores) |
---|---|---|
1 | Funding of Capital expenditure towards purchase of additional office premises at Pune, Maharashtra; | 8.95 |
2 | Funding of capital expenditure requirements towards Purchase of computers, laptops, other related accessories and Purchase of software subscriptions; | 2.44 |
3 | Hiring of Manpower in our Company | 4.18 |
4 | Investment in subsidiary for hiring Manpower in Telge Projects Inc | 4.86 |
5 | General Corporate Purpose |
Telge Projects Ltd.
Unit No. 502A, 5th floor, Om Chambers,
Plot No. T-29, 30, 31, T Block, Bhosari I.E.,
Pune, Maharashtra
Pune, Maharashtra, 411026
Phone: +91 7757950799
Email: compliance@telgeprojects.com
Website: https://telgeprojects.com/
Bigshare Services Pvt.Ltd.
Phone: +91-22-6263 8200
Email: ipo@bigshareonline.com
Website: https://ipo.bigshareonline.com/IPO_Status.html
Telge Projects IPO is a SME IPO of 25,94,400 equity shares of the face value of ₹10 aggregating up to ₹[.] Crores. The issue is priced at . The minimum order quantity is .
The Telge Projects IPO open and close dates are not available as of now.
Bigshare Services Pvt.Ltd. is the registrar for the IPO. The shares are proposed to be listed on BSE SME.
Zerodha customers can apply online in Telge Projects IPO using UPI as a payment gateway. Zerodha customers can apply in Telge Projects IPO by login into Zerodha Console (back office) and submitting an IPO application form.
Steps to apply in Telge Projects IPO through Zerodha
Visit Zerodha IPO Application Process Review for more detail.
The Telge Projects IPO dates are not announced. Please check back again after some time.
Telge Projects IPO lot size and the minimum order quantity is not available at this time. Please check again later.
You can apply in Telge Projects IPO online using either UPI or ASBA as a payment method. ASBA IPO application is available in the net banking of your bank account. UPI IPO Application is offered by brokers who don't offer banking services. Read more detail about applying IPO online through Zerodha, Upstox, 5Paisa, Nuvama, HDFC Bank, and SBI Bank.
The finalization of Basis of Allotment for Telge Projects IPO will be done on [.], and the allotted shares will be credited to your demat account by [.]. Check the Telge Projects IPO allotment status.
The Telge Projects IPO listing date is not yet announced. The tentative date of Telge Projects IPO listing is [.].
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