31 Mar 2023
Assets5.88
Total Income7.51
EBITDA1.46
Profit After Tax0.90
NET Worth2.09
Reserves and Surplus1.09
Total Borrowing2.50
At a glance
Updated 2026-09-10The shares listed at ₹108.10, a 2.95% move from the issue price. Telge Projects is a SME IPO with an issue size of ₹27.24 crore, proposed for listing on BSE SME. The offer opens on 25th Sep 2025 and closes on 29th Sep 2025. The issue structure includes a fresh issue of ₹25.87 crore. The current listing schedule points to 3rd Oct 2025.
Issue details
Listing atBSE SME
Issue typeBook Build Issue
Issue size₹27.24 Cr
Fresh issue₹25.87 Cr
Face value₹10
Price band₹95.00–₹105.00
Allotment30th Sep 2025
Listing3rd Oct 2025
Listing performance
Full performance ↗Issue price₹105.00
Listing price₹108.10
Current price—
Listing gain2.95%
Current return—
Price progressionIssue → Listing → Current
Grey market
GMP page ↗Latest GMP₹0.00
GMP / upper price0.00%
Est. listing₹105.00
GMP is unofficial sentiment data, not an exchange price.
Timeline
Opens25th Sep 2025
Closes29th Sep 2025
Allotment30th Sep 2025
Refund1st Oct 2025
Demat1st Oct 2025
Listing3rd Oct 2025
Subscription demand
Full bidding ↗Total2.99×
Lot size
| Investor | Lots | Shares | Amount |
|---|---|---|---|
| Minimum Bid | 1 | 2400 | ₹252,000 |
Company
Use of proceeds
| Object | Amount |
|---|---|
| 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 the Company | ₹4.18 Cr |
| Investment in subsidiary for hiring Manpower in Telge Projects Inc | ₹4.86 Cr |
| General Corporate Purposes | ₹4.06 Cr |
| Issue Expenses | ₹2.98 Cr |
| Total | ₹27.24 Cr |
Financial performance
Year-wise operating scale, profitability and balance-sheet context.Revenue25.65₹ Cr · +105.2% vs prior year
EBITDA8.27₹ Cr · +117.1% vs prior year
PAT5.38₹ Cr · +102.3% vs prior year
Assets25.56₹ Cr · +146.5% vs prior year
Net Worth11.34₹ Cr · +143.3% vs prior year
Borrowing9.38₹ Cr · +239.9% vs prior year
3-year financial trendRevenue / EBITDA / PAT
₹ crore31 Mar 2024
Assets10.37
Total Income12.50
EBITDA3.81
Profit After Tax2.66
NET Worth4.66
Reserves and Surplus3.66
Total Borrowing2.76
31 Mar 2025
Assets25.56
Total Income25.65
EBITDA8.27
Profit After Tax5.38
NET Worth11.34
Reserves and Surplus10.31
Total Borrowing9.38
KPIs
| KPI | Mar 31, 2025 |
|---|---|
| ROE | 67.29% |
| ROCE | 56.22% |
| Debt / Equity | 0.83% |
| RoNW | 47.46% |
| PAT Margin | 21.45% |
| EBITDA Margin | 32.97% |
| Price to Book Value | 6.56 |
Valuation & shareholding
Pre-IPO EPS7.48
Post-IPO EPS5.50
Pre-IPO P/E14.04
Post-IPO P/E19.1
Promoter holding pre97.28%
Promoter holding post71.50%
Market cap₹102.80 Cr.
Peer comparison
| Company | EPS | P/E | RoNW | NAV |
|---|---|---|---|---|
| Telge Projects IPO | — | 19.10 x | — | — |
| Paluck Technologies IPO | — | 6.62 x | — | — |
| Sumax Engineering IPO | — | 15.05 x | — | — |
| Technocrats Plasma IPO | — | 16.26 x | — | — |
Issue expenses
| Expense | Amount |
|---|---|
| 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 the Company | ₹4.18 Cr |
| Investment in subsidiary for hiring Manpower in Telge Projects Inc | ₹4.86 Cr |
| General Corporate Purposes | ₹4.06 Cr |
| Issue Expenses | ₹2.98 Cr |
| Total | ₹27.24 Cr |
Registrar & lead managers
Registrar
Bigshare Services Pvt.Ltd.Lead managers
- Smart Horizon Capital Advisors...
Offer documents
Data is reconciled from multiple public IPO sources. Official exchange filings and offer documents remain the source of truth. Last verified 2026-09-10.
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