TELGE PROJECTS LIMITED, an ISO 9001:2015 certified company incorporated in 2018, specializes in a comprehensive range of engineering design services. The company's core offerings include building information modeling (BIM), structural engineering design, material take-offs (MTO), 2D drafting, and architectural design. It serves a diverse clientele of EPC firms, fabricators, and contractors across commercial, industrial, infrastructure, institutional, and residential sectors. TELGE PROJECTS LIMITED leverages modern digital methodologies and advanced software like Tekla Structures and AutoCAD to deliver accurate and cost-effective solutions. While maintaining a presence in India, the company has a significant international footprint, exporting its services to over eleven countries, with a notable presence in the USA through its subsidiary, Telge Projects Inc.
Opening Date
Sep 25, 2025
Closing Date
Sep 29, 2025
Listing Date
Oct 03, 2025
IPO Type
SME
IPO Status
Closed
Issue Size
27.24 Cr
Fresh Issue
27.24 Cr
Offer for Sale
—
Price Band
₹95 - ₹105
Lot Size
1200
The main objectives of the issue are to utilize the net proceeds for the following purposes:
To fund capital expenditure for the purchase of additional office premises in Pune, Maharashtra, to support business expansion and accommodate a growing workforce.
To finance capital expenditure for acquiring new computers, laptops, related accessories, and software subscriptions to enhance technological capabilities and operational efficiency.
To fund the hiring of additional manpower for the company's Sales and Marketing, Operational, and Research and Development divisions to drive business growth.
To make a strategic investment in its subsidiary, Telge Projects Inc., specifically for hiring manpower to strengthen its international operations.
To meet general corporate purposes, which may include strategic initiatives, brand-building activities, and other operational requirements.
P/E Ratio
6.18
EPS
15.16
ROE
67.29%
ROCE
56.22%
RONW
47.46%
Debt to Equity Ratio
0.83
PAT Margin
21.45%
EBITDA Margin
32.97%
P/B
6.56
Deep domain expertise in engineering design services combined with strong software capabilities.
Long-standing relationships with a global customer base, leading to significant repeat business.
Experienced promoter and senior management team with extensive industry knowledge.
Established global presence with services exported to over eleven countries, supported by a subsidiary in the USA.
High dependency on a few key customers for a substantial portion of revenue.
Lack of long-term contracts with clients, leading to uncertainty in project flow.
Reliance on third-party vendors for critical software, posing risks related to delivery and quality.
Exposure to project execution risks, including delays from design changes and client-related factors.
Strategic investment in new office infrastructure in Pune to support growth and expand operational capacity.
Expansion of geographical footprint into new international markets to diversify revenue streams.
Continued investment in technology and software to enhance service offerings and maintain a competitive edge.
Growth in the global engineering services and BIM market, driven by increased infrastructure spending and technological adoption.
Risks associated with overseas operations, including geographical concentration and foreign currency exchange fluctuations.
Adverse changes in general economic and business conditions in key markets.
Potential changes in government policies and regulations affecting the construction and engineering industries.
Intense competition from other engineering service providers in both domestic and international markets.