Telge Projects
Open
Open
IPO Closes in
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IPO Timeline
Issue open date
25 Sep 2025Issue close date
29 Sep 2025UPI mandate deadline
29 Sep 2025Allotment finalization
30 Sep 2025Refund initiation
1 Oct 2025Share credit
1 Oct 2025Listing date
3 Oct 2025Mandate end date
14 Oct 2025Lock-in end date for anchor investors (50%)
30 Oct 2025Lock-in end date for anchor investors (remaining)
29 Dec 2025IPO Closes in
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💸
IPO Subscription Status
| Category | Times | Allotment Chances |
|---|---|---|
| HNIs (Total) | 0.61 | 100% |
| bHNI | 0.73 | 100% |
| sHNI | 0.39 | 100% |
| QIBs | 0.25 | 100% |
| Retail | 0.15 | 100% |
Last updated: 26 September'25 04:22PM
Key Dates
Open
25 Sep 2025Close
29 Sep 2025Listing
3 Oct 2025Quick Stats
Issue Size:27cr
Lot Size:1200 shares
Issue Details
Issue Size:27cr
Face Value:₹10
Listing At:BSE SME
Additional Resources
About the Company
Telge Projects is a technology-driven engineering design services company specializing in Building Information Modeling (BIM), structural engineering design, material take-offs (MTO), 2D drafting, and architectural design. Incorporated in 2018 and headquartered in Pune, the company serves clients across commercial, industrial, infrastructure, institutional, and residential sectors globally. The company emphasizes modern BIM methodologies over traditional 2D approaches, delivering services to over 11 countries including notable projects such as the Mangalwar Peth Metro Station (India), Everton Stadium (UK), and the Richland Performing Arts Centre (Colombia).
Strengths
- Strong revenue growth trajectory with 105% increase in FY25 compared to FY24
- High-margin business model with PAT margin of 21% indicating operational efficiency
- Diversified global client base across 11+ countries reducing geographical dependency
- Technology-focused approach with BIM services contributing 84% of revenue
- Experienced team of 148 skilled engineers proficient in industry-standard software
Risks
- Heavy dependence on BIM services (84% of revenue) creating concentration risk if market demand shifts
- Limited operating history since 2018 making long-term performance assessment difficult
- Intense competition from established global engineering service providers
- Client concentration risk in international markets exposing company to foreign exchange fluctuations
- Dependency on skilled technical talent in a competitive hiring environment
- Regulatory changes in target markets could impact project requirements and demand
Telge Projects IPO – Frequently Asked Questions
- The price band for the Telge Projects IPO is set at ₹95 to ₹105 per share.
- The Telge Projects IPO opens on September 25, 2025 and closes on September 29, 2025.
- The tentative listing date for the Telge Projects IPO is October 3, 2025.
- You can apply for the Telge Projects IPO via your broker or bank using ASBA or UPI. Log in to your trading app (Zerodha, Upstox, Groww, etc.), select IPO section, choose Telge Projects, enter lot quantity and UPI ID, then approve the mandate.
- The lot size for the Telge Projects IPO is 1200 shares. Investors must apply for at least one lot (i.e., 1200 shares).