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Telge Projects IPO

Telge Projects IPO

smelisted
Registrar: Bigshare Services Pvt.Ltd. · Listing 2025-10-03
IPO Timeline
Today · 20 Oct 2026
Opens
25 Sept 2025
Closes
29 Sept 2025
Allotment
30 Sept 2025
Refund
01 Oct 2025
Demat
01 Oct 2025
Listing
03 Oct 2025
Price Band
₹95–105
GMP
₹0
0%
Lot Size
1200 Shares
Min ₹126,000
Subscription
0x
Issue Size
₹27 Cr
Open
2025-09-25
Close
2025-09-29
Listing
2025-10-03

About the company

Incorporated in January 2018, Telge Projects Limited is engaged in a comprehensive range of engineering design services through two primary frameworks - structural steel, which accounted for 81.81% of FY25 revenue and pre-cast concrete. The company offers two types of contracts with five core services. Building Information Modelling (BIM) services constituted 83.91% of revenue, followed by structural engineering design services at 7.08% in FY25. Sector-wise, the Institutional sector led with 55.77% of revenue, followed by Industrial at 14.71%. The company has a presence across 11 countries, with revenue led by the USA (69.65%) and the UK (11.74%) in FY25, while domestically present in Maharashtra and Odisha, together contributing 1.04%. In FY25, the company’s order book stood at ₹4.42 crore across 81 projects.

Strengths

    Risks

      Financial performance (₹ Cr)

      Subscription breakup (final, times)

      Retail0x
      QIB0x
      NII0x
      EMP0x
      OTHER0x
      Total0x

      IPO Roadmap / Timeline

      Current Status · as of 20 Oct 2026
      Listed
      Listed on 03 Oct 2025
      Listed 382 days ago
      1. IPO Opens

        Completed
        25 Sept 2025

        Bidding starts for all investor categories

      2. IPO Closes

        Completed
        29 Sept 2025

        Last day to place your bid

      3. Basis of Allotment

        Completed
        30 Sept 2025

        Share allotment finalised

      4. Refund Initiation

        Completed
        01 Oct 2025

        Refunds credited for non-allottees

      5. Credit to Demat

        Completed
        01 Oct 2025

        Allotted shares credited to demat account

      6. Listing on Exchange

        Completed
        03 Oct 2025

        Shares list on NSE / BSE

      Post-close dates are indicative as per SEBI T+3 listing framework and may change per registrar updates.

      Lot size & minimum investment

      Lot Size
      1200 shares
      Price / Share (upper)
      ₹105
      Min Investment (1 lot)
      ₹126,000
      Price Band
      ₹95–105
      Retail / Individual
      1 lot only
      Min lots
      1
      Min shares
      1200
      Min amount
      ₹126,000
      Max amount
      ₹126,000
      HNI
      Min 2 lots
      Min lots
      2
      Min shares
      2400
      Min amount
      ₹252,000
      Max amount
      ₹252,000

      Shares reserved per category & allotment probability

      QIB
      100% allotment
      Reservation
      50%
      Amount
      ₹13.5 Cr
      Shares offered
      1,350,000
      Shares bid
      0
      Subscribed
      0.00x
      NII
      100% allotment
      Reservation
      15%
      Amount
      ₹4.05 Cr
      Shares offered
      405,000
      Shares bid
      0
      Subscribed
      0.00x
      Retail
      100% allotment
      Reservation
      35%
      Amount
      ₹9.45 Cr
      Shares offered
      945,000
      Shares bid
      0
      Subscribed
      0.00x

      Retail is a lottery-based allotment when oversubscribed; QIB/NII get pro-rata. Probability ≈ 1 / subscription times (100% if under-subscribed).