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Complete IPO details, including price band, financials, subscription status, and key insights.
Participate in the Telge Projects Ltd IPO with full transparency. Review issue details, company fundamentals, and financial performance, and apply securely through Alice Blue.
Key metrics and details at a glance.
Price Band
₹105
Per ShareLot Size
1200 Shares
Minimum Investment
₹1,26,000
Issue Size
₹27.24 Cr
Face Value
₹10
Per ShareIPO Type
Book Building - SME
Retail Quota
35.17%
QIB Quota
49.73%
NII Quota
15.1%
Important dates for your applying strategy.
Business model, operations, and market positioning.
Promoter Holding (Pre-Issue)
97.28%
Promoter Holding (Post-Issue)
71.5%
Issue Type
Book Building - SME
ISIN
INE0SRP01014
Incorporated on January 16, 2018, we are presently engaged in comprehensive range of engineering design services, such as building information modeling (BIM), structural engineering design, material take-offs (MTO), 2D drafting and architectural design to ensure seamless project execution. Our services emphasize the use of modern methodologies over traditional approaches. We serve to EPC (Engineering, Procurement, and Construction) firms, fabricators, and contractors by delivering accurate, cost-effective engineering services in a timely manner. Further our clientele includes companies across the commercial, industrial, infrastructure, institutional and residential sectors in both domestic and international market. In India, we have developed our presences in Maharashtra and Odisha and we have also developed our presence in the global market, successfully exporting our services to over eleven (11) countries including Australia, Canada, Ireland, Latvia, Malaysia, New Zealand, Poland, Singapore, Sweden, UK (United Kingdom) and USA (United States of America).
Revenue, profit after tax and total assets across the last 3 reported financial years.
Amount in ₹ crore
How the company plans to utilize IPO proceeds.
The funds raised through this IPO will be used for:
Initial public offer of 25,94,400 equity shares of face value of Rs.10/- each (the "Equity Shares") of Telge Projects Limited ("the Company" or "Telge Projects" or "the Issuer") for cash at a price of Rs. 105 per equity share including a share premium of Rs. 95 per equity share (the "Issue Price") aggregating to Rs.27.24 crores ("the Issue"), of which 1,30,800 equity shares of face value of Rs. 10/- each for cash at a price of Rs. 105 per equity share including a share premium of Rs. 95 per equity share aggregating to Rs. 1.37 crores will be reserved for subscription by market maker to the issue (the "Market Maker Reservation Portion"). The issue less the market maker reservation portion i.e., net issue of upto24,63,600 equity shares of face value of Rs. 10/- each at a price of Rs. 105 per equity share including a share premium of Rs. 95 per equity share aggregating to Rs. 25.87 crores is herein after referred to as the "Net Issue". The issue and the net issue will constitute 26.5 % and 25.16 % respectively of the post issue paid up equity share capital of the company. Price Band: Rs. 95/- to Rs. 105/- for equity share of face value of Rs. 10 each. The floor price is 9.50 times times the face value and cap price is 10.50 times of the face value of the equity shares. Bids can made for a minimum of 2,400 equity shares and in multiples of 1,200 equity shares thereafter.
*Subject to approvals and market conditions.
Key competitive advantages and factors to consider before investing.
Live demand across investor categories.
Track real-time subscription levels:
*Real-time data subject to exchange updates
The India building information modeling market is undergoing a significant transformation, propelled by a confluence of factors that underscore the evolution of the construction and architecture industries. Primarily, technological advancements across the country have emerged as key drivers, reshaping the BIM landscape. Additionally, stakeholders in India are leveraging building information modeling to design and construct environmentally friendly structures, adhering to green building standards.
Our Company was originally incorporated under the name "Telge Projects Private Limited" under the provisions of the Companies Act, 2013 vide Certificate of Incorporation dated January 16, 2018, issued by the Registrar of Companies, Central Registration Centre. Subsequently the status of the Company was changed to public limited and the name of our Company was changed to "Telge Projects Limited" vide Special Resolution passed by the Shareholders at the Extra Ordinary General Meeting of our Company held on December 18, 2023. The fresh certificate of incorporation consequent to conversion was issued on January 02, 2024, by Registrar of Companies, ROC Pune. The Corporate Identification Number of our Company is U29256PN2018PLC174381.
Wholesaler and Retailer
Amount in ₹ crore
Amount in ₹ crore
Figures in ₹ crore, on a consolidated basis, as reported for FY24 to FY26.