Telge Projects Ltd. IPO — GMP, Details & Subscription

IPO Details

Open Date

25 Sep 2025

Close Date

29 Sep 2025

Allotment

30 Sep 2025

Listing Date

03 Oct 2025

Exchange

BSE SME

Price Band

₹105

Listing Price

See chart

Allotment Status

Check registrar

Price Band

₹105

Per share

Face Value

₹10 per share

Lot Size

1,200 Shares

per lot

Issue Size

25,94,400 shares (agrregating up to 27.24 cr)

Total offering

Issue Type

Bookbuilding IPO

Min Investment

₹126,000

1 lot

Pre-IPO Holding

71,95,748 shares

Promoters

Post-IPO Holding

97,90,148 shares

Promoters

P/E (Pre)

14.04x

P/E (Post)

19.1x

EPS (Pre)

₹7.48

EPS (Post)

₹5.50

UPI Deadline

2025-09-29

Mandate

GMP

+₹89

+84.76% est.

Anchor AllotmentWed, 24 Sep 2025

Basis of AllotmentTue, 30 Sep 2025

Refund InitiationWed, 01 Oct 2025

Demat CreditWed, 01 Oct 2025

Listing DayFri, 03 Oct 2025

UPI Mandate Deadline2025-09-29

Sale TypeFresh Capital

Net Offer to Public24,63,600 shares (aggregating up to ₹25.87 Cr)

Market Maker Quota1,30,800 shares (aggregating up to ₹1.37 Cr)

QIB Quota50% of Net Issue

HNI / NII Quota15% of Net Issue

Retail Quota35% of Net Issue

Subscription Rate Final

Telge Projects Ltd. IPO subscribed 1.00 times overall. Retail: 1.00x. QIB: 1.00x. NII: 1.00x. By 29 Sep 2025.

QIB

1.00x

Over

NII/HNI

1.00x

Over

Retail

1.00x

Over

Total

1.00x

Over

Category	Subscription	Shares Offered	% of Total	Amount (₹Cr)
Market Maker	Awaited	130,800	—	₹1.37
QIB	Over 1.00x	—	—	—
NII / HNI	Over 1.00x	—	—	—
Retail	Over 1.00x	—	—	—
Total	1.00x	2,594,400	100%	₹27.24

IPO Shares Offered

Telge Projects Ltd. IPO total issue size: ₹27.24 Cr.

Category	Shares Offered	Amount (₹Cr)	Size (%)
Market Maker	130,800	₹1.37	5.04%
Total	2,594,400	₹27.24	100.00%

* Based on upper price band ₹105 per share

Lot Size & Investment

Lot Size

1,200

Shares per Lot

Issue Price

₹105.00

Upper Band

Min Investment

₹126,000

1 Lot

Application	Lots	Shares	Amount
Retail (Min — 2 Lots)	2	2,400	₹252,000
Retail (Max — 13 Lots)	13	15,600	₹1,638,000
S-HNI (Min — 14 Lots)	14	16,800	₹1,764,000
B-HNI (Min — 68 Lots)	68	81,600	₹8,568,000

* Issue Price ₹105 × Lot Size 1,200 shares

IPO Schedule

Anchor

24 Sep 2025

✓ Done

IPO Open

25 Sep 2025

✓ Done

IPO Close

29 Sep 2025

✓ Done

Allotment

30 Sep 2025

✓ Done

Refunds

01 Oct 2025

✓ Done

Demat Credit

01 Oct 2025

✓ Done

Listing Day

03 Oct 2025

✓ Done

₹105.00

INR · BSE

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Issue ₹105.00 GMP: +₹89 Live Price

About Telge Projects Ltd.

Incorporated on January 16, 2018, Telge Projects Ltd is engaged in comprehensive range of engineering design services.The company primarily serve EPC (Engineering, Procurement, and Construction) firms, fabricators, and contractors by offering accurate, cost-effective, and timely engineering design services.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.Services:Building Information Modeling (BIM) ServicesStructural Engineering Design ServicesMaterial Take- Offs (MTO)2D Drafting ServicesArchitectural ServicesAs on March 31, 2025, the company had 166 employees.Competitive Strengths:Deep domain expertise with software capabilitiesLong Standing Relationships with customers globallyLeveraging the experience of our Promoter and Senior Managerial PersonnelEstablished market setup and diversified service rangeGlobal Presence across various countriesIn-House Execution with Two-Shift ModelStrategic Acquisitions

Objects of the Issue

Funding of Capital expenditure towards purchase of additional office premises at Pune, Maharashtra

Funding of capital expenditure requirements towards Purchase of computers, laptops, other related accessories and Purchase of software subscriptions

Hiring of Manpower in our Company

Investment in subsidiary for hiring Manpower in Telge Projects Inc

General Corporate Purpose

Telge Projects Ltd. Financials (Amount in ₹ Crores)

Revenue from Operations

₹7.5

31 Mar 2023

₹12.5

31 Mar 2024

₹25.7

31 Mar 2025

Profit After Tax (PAT)

₹0.9

31 Mar 2023

₹2.7

31 Mar 2024

₹5.4

31 Mar 2025

Particulars	31 Mar 2025	31 Mar 2024	31 Mar 2023
Revenue from Operations	25.65	12.50	7.51
EBITDA	8.27	3.81	1.46
Profit After Tax (PAT)	5.38	2.66	0.90
Net Worth	11.34	4.66	2.09
Total Assets	25.56	10.37	5.88
Reserves & Surplus	10.31	3.66	1.09
Borrowings	9.38	2.76	2.50
EBITDA Margin (%)	32.97%	—	—
PAT Margin (%)	21.45%	—	—

P/BV Ratio

6.56

RoE

67.29%

RoCE

56.22%

RoNW

47.46%

PAT Margin

21.45%

EBITDA Margin

32.97%

Debt/Equity

0.83%

Issue Structure & Shareholding

Total Shares Offered25,94,400 (100.00%)

Net Offer to Public24,63,600 shares (aggregating up to ₹25.87 Cr)

Reserved for Market Maker1,30,800 shares (aggregating up to ₹1.37 Cr)

Pre-Issue Promoter Holding71,95,748 shares

Post-Issue Promoter Holding97,90,148 shares

P/BV Ratio6.56

RoE67.29%

RoCE56.22%

Debt / Equity0.83%

Script CodeN/A

Registrar & Lead Managers

IPO Registrar

Bigshare Services Pvt.Ltd

+91-22-6263 8200

ipo@bigshareonline.com

https://ipo.bigshareonline.com/IPO_Status.html

Book Running Lead Managers

Smart Horizon Capital Advisors Pvt.Ltd.

GMP Disclaimer: Grey Market Premium data is unofficial and unregulated. It does not guarantee actual listing price.

IPO Subscription FAQs

How much Telge Projects Ltd. IPO subscribed? ▲

Telge Projects Ltd. IPO is subscribed 1.00 times by Sep 29, 2025. Retail: 1.00x. QIB: 1.00x. NII: 1.00x.

Investor Category	Subscription
Qualified Institutional (QIB)	1.00x
Non Institutional (NII/HNI)	1.00x
Retail Individual	1.00x
Total Subscription	1.00x

What is Telge Projects Ltd. IPO retail subscription status? ▼

The Telge Projects Ltd. IPO retail category is subscribed 1.00 times as of 29 Sep 2025. The retail portion is oversubscribed.

How to subscribe Telge Projects Ltd. IPO? ▼

Subscribe via your broker app using ASBA or UPI. Opens 25 Sep 2025 and closes 29 Sep 2025. Min investment: ₹126,000 (1 lot = 1,200 shares). UPI mandate: 2025-09-29.

How many times Telge Projects Ltd. IPO subscribed? ▼

The Telge Projects Ltd. IPO subscribed 1.00x overall. QIB: 1.00x, NII: 1.00x, Retail: 1.00x. Applications: from NSE/BSE.

How to check Telge Projects Ltd. IPO allotment? ▼

Check allotment on the registrar website (Bigshare Services Pvt.Ltd) at https://ipo.bigshareonline.com/IPO_Status.html. Enter your PAN, application number or DP/Client ID. Allotment date: 30 Sep 2025. Refunds: on 01 Oct 2025.

When Telge Projects Ltd. IPO will be listed? ▼

The Telge Projects Ltd. IPO listing date is 03 Oct 2025, Friday. Listed on: BSE SME. Issue price: ₹105. Estimated listing: ₹194. GMP: +₹89.

When Telge Projects Ltd. IPO close? ▼

The Telge Projects Ltd. IPO closes on 29 Sep 2025, Monday. UPI mandate: 2025-09-29. Allotment: 30 Sep 2025. Listing: 03 Oct 2025.

Quick Actions

Live Price LIVE

Last Price₹105.00

Change—

Issue Price₹105.00

vs Issue—

Quick Summary

StatusListed

Issue Price₹105

Face Value₹10

Lot Size1,200 Sh

Min. Amount₹126,000

GMP+₹89

Est. Listing₹194

Subscribed1.00x

Open Date25 Sep 2025

Close Date29 Sep 2025

Allotment30 Sep 2025

Listing Date03 Oct 2025

ExchangeBSE SME

UPI Deadline2025-09-29