Telge Projects IPO is a book-built issue IPO, aiming to raise ₹27.24 crore. It comprises a fresh issue of 25.94 lakh equity shares aggregating to ₹27.24 crore. The bidding window was open from September 25, 2025, to September 29, 2025, with the IPO allotment to be finalised on September 30, 2025. Telge Projects is scheduled to list on BSE SME on October 3, 2025.
The IPO was priced at ₹95-₹105 per share with a lot size of 1,200 shares. The minimum investment required for retail investors was ₹2,52,000 (2,400 shares), while HNIs had to apply for a minimum of 3 lots (3,600 shares), amounting to ₹3,78,000. The issue received strong demand and was subscribed 2.99 times overall, with QIBs subscribing 5.41 times, NIIs 2.75 times, and retail investors 1.72 times.
Telge Projects’ ₹27.24 crore IPO, priced at ₹95-₹105 per share, was subscribed 2.99 times overall. The IPO is entirely a fresh issue of 25.94 lakh equity shares. Bidding took place from September 25 to September 29, 2025, with the Telge Projects IPO allotment status on September 30, 2025. Retail investors subscribed 1.72 times, NIIs 2.75 times, and QIBs 5.41 times. Listing is expected on October 3, 2025.
The table below breaks down the Telge Projects share allocation for different categories, highlighting the number of shares and their percentage of the total issue. However, the key focus remains on the quotas allocated to retail investors and HNIs, as they are the most relevant for individual investors.
| Investor Category | Shares Offered |
| Market Maker Shares Offered | 1,30,800 (5.04%) |
| QIB Shares Offered | 12,25,200 (47.22%) |
| − Anchor Investor Shares Offered | 7,33,200 (28.26%) |
| − QIB (Ex. Anchor) Shares Offered | 4,92,000 (18.96%) |
| NII (HNI) Shares Offered | 3,72,000 (14.34%) |
| − bNII > ₹10L | 2,47,998 (9.56%) |
| − sNII < ₹10L | 1,24,002 (4.78%) |
| Retail Shares Offered | 8,66,400 (33.40%) |
| Total Shares Offered | 25,94,400 (100.00%) |
Data Source: BSE
| Category | Subscription (times) |
| Qualified Institutional Buyers | 5.41 |
| Non-Institutional Investors | 2.75 |
| Retail Individual Investors | 1.72 |
| Total shares | 2.99 |
Note: The subscription details are as of September 29, 2025
Telge Projects Limited was incorporated on January 16, 2018, with the objective of providing a comprehensive range of engineering design services. The company primarily caters to EPC (Engineering, Procurement, and Construction) firms, fabricators, and contractors, offering accurate, cost-effective, and timely design solutions.
Its operations extend globally, having executed projects across 11 countries, including the United States, United Kingdom, Australia, Canada, Singapore, and others. To strengthen its overseas presence, the company also established a subsidiary, Telge Projects Inc., in the USA.
The company’s service portfolio includes Building Information Modelling (BIM), Structural Engineering Design, Material Take-Offs (MTO), 2D Drafting, and Architectural Services. These services are designed to enhance efficiency, reduce costs, and support large-scale construction projects across diverse geographies.
As of March 31, 2025, the company employed 166 professionals. Its competitive strengths include in-house execution with a two-shift model, global client relationships, strong technical expertise, strategic acquisitions, and a well-diversified service offering that enables it to meet complex engineering needs worldwide.
Know more about IPO allotment status and check your application details online for the latest updates on share allocation.
Disclaimer: This blog has been written exclusively for educational purposes. The securities mentioned are only examples and not recommendations. This does not constitute a personal recommendation/investment advice. It does not aim to influence any individual or entity to make investment decisions. Recipients should conduct their own research and assessments to form an independent opinion about investment decisions.
Investments in the securities market are subject to market risks, read all the related documents carefully before investing.
Published on: Sep 29, 2025, 6:27 PM IST
Akshay Shivalkar
Akshay Shivalkar is a financial content specialist who strategises and creates SEO-optimised content on the stock market, mutual funds, and other investment products. With experience in fintech and mutual funds, he simplifies complex financial concepts to help investors make informed decisions through his writing.
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