Telge Projects
03 Oct '25SME
Min. Investment
₹2,28,000
Issue size
₹27.24 Cr
GMP
Locked
Overall subscription: 2.19x
Check allotment status
Expert verdict
IPO dates
25 Sep
Opening
29 Sep
Closing
30 Sep
Allotment
03 Oct
Listing
*Refunds will be initiated on 01 Oct '25
IPO quota
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (Min) | 2 | 2400 | ₹2,52,000 |
Subscription (as on 18 October 2025, 08:30 AM)
Overall2.19x
Qualified institutional buyers
Non-Institutional Buyers
Retail Investors
Employee
About company
Founded: 2018|MD: Ms. Shraddha Shailesh Telge
- Telge Projects is an engineering design services company. It provides services such as building information modelling (BIM), structural engineering design, material take-offs (MTO), 2D drafting, and architectural design for projects in the architecture, engineering, and construction (AEC) industry.
- Its services are used by engineering, procurement, and construction (EPC) firms, fabricators, and contractors across commercial, industrial, infrastructure, institutional, and residential sectors. The company has expanded its presence globally and exports its services to more than eleven countries, including Australia, Canada, Ireland, Malaysia, Singapore, the United Kingdom, and the United States.
- Telge Projects operates through its registered office in Pune, Maharashtra.
- Use of Proceeds:
- This is a fresh issue of shares. Therefore, the net proceeds from the issue will go to the company. They will be used for the following purposes:
- For purchasing additional office premises at Pune, Maharashtra - Rs 8.73 crore
- For purchasing computers, laptops, other related accessories and purchase of software subscriptions - Rs 2.44 crore
- For hiring of manpower - Rs 4.18 crore
- For investment in the company’s subsidiary (Telge Projects Inc) for hiring manpower - Rs 4.85 crore
- General corporate purposes
Issue Details & Objective
Lot size
1200 Shares
Price band
₹95 to 105
Face value
₹10 per share
Financials
IPO reservation
Anchor investor - 22.03%
QIB - 36.82%
HNI - 11.18%
Retail - 26.04%
Download DRHP (IPO Doc)FAQs
Should I apply for the Telge Projects IPO?
Our SEBI-registered investment advisors give out verdicts for each IPO. You can refer to their expert verdict at the top of this page. Please note that these verdicts are for informational purposes only and should not be construed as investment advice. Markets are subject to risk, and investors should exercise their own discretion and diligence.
What is the issue size of Telge Projects IPO?
The issue size of Telge Projects IPO is ₹27.24 Cr
What are the open and close dates for Telge Projects IPO?
The Telge Projects IPO will be open for applications from 25 Sep '25 to 29 Sep '25
What is the lot size and minimum order quantity of Telge Projects IPO?
The lot size of Telge Projects IPO is 1200 Shares and its minimum investment amount is ₹2,28,000.
What is the GMP value of Telge Projects IPO?
Grey market premium (GMP) is a premium amount at which grey market IPO shares are traded before they get listed in the stock exchange. The GMP for Telge Projects IPO is 0
