Telge Projects Subscription
Last updated on 26-Sep-2025 18:36:23
| Category | Offered | Applied | Times |
|---|---|---|---|
| QIBs | 492000 | 121200 | 0.25 |
| HNIs | 372000 | 228000 | 0.61 |
| bHNI | 248000 | 180000 | 0.73 |
| sHNI | 124000 | 48000 | 0.39 |
| Individual | 866400 | 127200 | 0.15 |
| Total | 1730400 | 476400 | 0.28 |
Application-Wise Breakup  | |||
|---|---|---|---|
| Category | Reserved | Applied | Times |
| HNIs (10L+) | 69 | 13 | 0.19 |
| HNIs (3-10L) | 34 | 10 | 0.29 |
| Individual | 361 | 53 | 0.15 |
| QIB Interest Cost Per Share (7 Days) | |||||
|---|---|---|---|---|---|
| @7% ₹0 | @8% ₹0 | @9% ₹0 | @10% ₹0.1 | @11% ₹0.1 | @12% ₹0.1 |
Telge Projects Lot(s) Distribution
| Category | Lot(s) | Qty | Amount | Reserved |
|---|---|---|---|---|
| INDIVIDUAL | 2 | 2400 | 252000 | 361 |
| sHNI | 3 | 3600 | 378000 | 34 |
| bHNI | 8 | 9600 | 1008000 | 69 |
Telge Projects Reservation
| Category | Shares Offered | % |
|---|---|---|
| Anchor | 733200 | 28.26% |
| QIB | 492000 | 18.96% |
| HNI | 372000 | 14.34% |
| INDIVIDUAL | 866400 | 33.4% |
| Market Maker | 130800 | 5.04% |
| Total | 2594400 | 100% |
Telge Projects About
IPO Details
| Total Issue Size | 25,94,400 shares (aggregating up to ₹27.24 Cr) |
| Fresh Issue | 25,94,400 shares (aggregating up to ₹27.24 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 |
| Reserved For Market Maker | 1,30,800 shares (aggregating up to ₹1.37 Cr) |
| Market Maker | shreni shares Ltd. |
Key Performance Indicator (KPI)
| KPI | Fiscal-25 (Consolidated) | Fiscal-24 (Consolidated) | Fiscal-23 (Consolidated) |
|---|---|---|---|
| ROE | 67.29% | 78.76% | 54.87% |
| ROCE | 56.22% | 89.50% | 30.28% |
| DEBT/ EQUITY | 0.83 | 0.59 | 1.2 |
| P/E Pre IPO | 14.04 | ||
| P/E Post IPO | 19.1 |
Company Financial ( In ₹Crore)
| Period Ended | Mar-25 | Mar-24 |
|---|---|---|
| Assets | 25.56 | 10.37 |
| Total Income | 25.65 | 12.5 |
| 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 |
Peer Comparision (Valuation)
| Company | P/E (x) | CMP*(₹) | Face value (₹) |
|---|---|---|---|
| Telge Projects Limited | - | - | 10.00 |
| Mold-Tek Technologies Limited | 38.32 | 163.23 | 2.00 |
Source:RHP,P/E Ratio has been computed based on their respective closing market price on 04 July, 2025, as divided by the Basic EPS as on March 31, 2025. The figures for Telge Projects Ltd. are based on Restated Consolidated Financial Statements for the year ended March 31, 2025.
Peer Comparision (Financial Performance)
| Company | NAV/Share (₹) | RoNW (%) | EPS (Basic) (₹) |
|---|---|---|---|
| Telge Projects Limited | 16 | 47.46 | 7.6 |
| Mold-Tek Technologies Limited | 41.21 | 10.34 | 4.26 |
About Company
Telge Projects specializes in providing a wide range of engineering design services, including Building Information Modeling (BIM), structural engineering design, material take-offs (MTO), 2D drafting, and architectural design. The company adopts modern, technology-driven methodologies to ensure efficient and seamless project execution.
Its primary clients include EPC firms, fabricators, and contractors, to whom it delivers accurate, cost-effective, and timely design services. The company is ISO 9001:2015 certified and focuses strongly on 3D modeling and detailing of precast and steel structures for the civil and construction industries.
Telge Projects executes two types of contracts: fixed-price contracts and time & material (T&M) contracts. Its customer base spans the commercial, industrial, infrastructure, institutional, and residential sectors, both in domestic and international markets.
The company has delivered projects in 11 countries, including Australia, Canada, Ireland, Latvia, Malaysia, New Zealand, Poland, Singapore, Sweden, the UK, and the USA. To strengthen its international presence, it has also acquired a subsidiary, Telge Projects Inc., in the United States.
Objects of the Issue :
Funding of Capital expenditure towards purchase of additional office premises at Pune, Maharashtra: 8.73 cr
Funding of capital expenditure requirements towards Purchase of computers, laptops, other related accessories and Purchase of software subscriptions: 2.44 cr
Hiring of Manpower in our Company : 4.18 cr
Investment in subsidiary for hiring Manpower in Telge Projects Inc : 4.86 cr
General Corporate Purpose
Strength
Expertise in Engineering Design & BIM: The company has developed strong domain expertise in engineering design and software capabilities, with a team of 148 skilled engineers specializing in BIM and advanced 3D modeling for precision and visualization.
Strong Global Customer Relationships: Despite no long-term service agreements, the company enjoys repeated business from clients worldwide, driven by timely delivery and quality services, giving it a competitive edge in expanding its customer base.
Experienced Leadership: Led by promoter Ms. Shraddha Shailesh Telge and a seasoned senior management team, the company benefits from deep industry knowledge and strategic leadership, enabling sustainable growth.
Weakness
Customer Concentration Risk: Over 50% of revenues come from the top 10 customers. Loss of these customers or reduced business from them could materially affect operations.
Geographical Dependency: Revenue is concentrated in select export markets. Any inability to sustain or grow in these regions may adversely impact financial performance and future prospects.
Software Dependence: The business heavily relies on Tekla Structures software. Any corruption, loss, or inaccessibility of this system could significantly disrupt operations and cash flows.
Telge Projects Lead Manager(s)
Telge Projects Address
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/
Telge Projects Registrar
Telge Projects Reviewers
| Reviewer | Recommendation | File |
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