Issue Price
₹105
Per Share
GMP
+₹89
+84.76% Grey Market
Est. Listing
₹194
Expected Price
Min. Application
₹252,000
2 lots × 1200 shares
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
Telge Projects Ltd. proposes to utilise the net proceeds from the Issue for the following objects:
| Category | Shares Offered | % Issue | Amount (₹ Cr)* | Subscription |
|---|---|---|---|---|
| Market Maker | 130,800 | — | ₹1.37 Cr | — |
| TOTAL | 2,594,400 | 100.00% | ₹27.24 Cr | — |
| Category | Lots | Shares | Amount (₹) |
|---|---|---|---|
| Retail (Min) | 1 | 1,200 | ₹126,000 |
| Retail (Max) | 13 | 15,600 | ₹1,638,000 |
| sNII (Min) | 14 | 16,800 | ₹1,764,000 |
| bNII (Min) | 68 | 81,600 | ₹8,568,000 |
| 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 |
| Total Borrowings | 9.38 | 2.76 | 2.50 |