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Telge Projects IPO is a Book Building IPO listing on BSE SME exchange, with an ipo size of ₹ 27.24 Cr. The company is based in Pune and caters to Engineering sector. Smart Horizon Capital Advisors is the merchant banker of Telge Projects IPO. It is a SME IPO which filed its Draft Red Herring Prospectus (DRHP) on 11th July 2025. Telge Projects IPO open date is 25th September 2025 and close date is 29th September 2025. IPO Allotment Date is 30th September 2025 and Listing date is 3rd October 2025.
IPO
Size:
₹ 27.24 Cr.
Avg IPO Size (Sector Based)
: ₹
25.12 cr.
Sector: Engineering
SME
IPO so far:
113
Merchant Banker:
Smart Horizon
SME
IPO by BRLM so far:
15
City:
Pune
SME
IPO so far:
42
Revenue (annualised):
₹
25.08
cr. 
PE
Ratio:
19.10x
Average Sector PE Ratio: 15.35x
Telge Projects IPO size is ₹ 27.24 Cr. with IPO price of ₹ 105.00. IPO subscription will start on IPO open date and end on IPO close date as per above. IPO valuation metrics can be seen here.
| Particulars | Amount |
|---|---|
| Funding of capital expenditure towards purchase of additional office premises at Pune, Maharashtra | 8 |
| Funding of capital expenditure requirements towards Purchase of computers, laptops, other related accessories and Purchase of software subscriptions. | 2 |
| Hiring of Manpower in the Company | 4 |
| Investment in subsidiary for hiring Manpower in Telge Projects Inc | 4 |
| General Corporate Purpose | [●] |
Smart Horizon Capital Advisors Private Limited is the book-running lead manager of the Telge Projects IPO. Bigshare Services Private Limited is the Registrar for Telge Projects IPO.
Telge Projects IPO anchor investors are the below investors. The number of anchor investors in this IPO is 6.
| Anchor Investor Name | No. of shares Allotted | Offer Price (in ₹.) | Amount Invested (in ₹.) |
|---|---|---|---|
| Aarth AIF | 96,000.00 | ₹ 105.00 | ₹ 10,080,000.00 |
| Invicta Continuum Fund | 96,000.00 | ₹ 105.00 | ₹ 10,080,000.00 |
| Grobiz SME Opportunity | 192,000.00 | ₹ 105.00 | ₹ 20,160,000.00 |
| Anjay Ageless AIF | 96,000.00 | ₹ 105.00 | ₹ 10,080,000.00 |
| Cullinan Opprts Fund | 96,000.00 | ₹ 105.00 | ₹ 10,080,000.00 |
| Silver Stride India | 157,200.00 | ₹ 105.00 | ₹ 16,506,000.00 |
Telge Projects IPO Draft red herring prospectus (DRHP) and Red Herring prospectus (RHP) are available below.
Telge Projects IPO, based in Pune, operates in the Engineering sector with a focus on Engineering design services, such as building information modeling (BIM), structural engineering design, material take-offs (MTO). The company is launching its SME IPO on the BSE SME exchange, using the Book Building Issue method. Telge Projects IPO size is ₹ 27.24 Cr. with fresh issue size of ₹ 27 Cr. and Offer for sale being ₹ Nil
The IPO allotment date for Telge Projects IPO is expected to be 30th September 2025, after the finalization of basis of allotment. Investors can check Telge Projects IPO allotment status on the registrars website, Bigshare Services Private Limited . Telge Projects IPO refund dates are 1st October 2025.
Telge Projects IPO is expected to be listed on 3rd October 2025.
The upper price band for the Telge Projects IPO is set at ₹ 105.00 per equity share. IPO price band is arrived at on the basis of IPO Valuation (P/E multiple) which is mentioned in the RHP.
For IPO analysis on Telge Projects IPO, explore our Financial Review Page for insights on fundamentals, peer analysis, and key IPO data, assisting investors to make informed decisions to apply or not.
To apply for the Telge Projects IPO, investors can use the ASBA (Application Supported by Blocked Amount) process via their bank's net banking or apply through UPI using a registered broker or trading app. The IPO is available in retail, HNI, and institutional investor categories. Investors must select the lot size, enter bid details within the price band, and submit their application before the IPO closing date of 29th September 2025. After submission, funds are blocked until the basis of allotment of Telge Projects IPO is finalised.
The merchant banker for Telge Projects IPO is Smart Horizon Capital Advisors Private Limited . Smart Horizon Capital Advisors Private Limited manages the IPO process, including underwriting, regulatory compliance, and investor coordination. Investors can refer to the Telge Projects IPO RHP for further details.
The registrar for Telge Projects IPO is Bigshare Services Private Limited . Investors can go to Bigshare Services Private Limited registrar website for IPO allotment status, refund processing, and other queries related to Telge Projects IPO through their official website or helpline.
Telge Projects IPO was subscribed 2.99 times. Stay updated on IPO details, subscription, and allotment news for informed investment decisions.
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IPO
Size:
₹ 27.24 Cr.
Avg IPO Size (Sector Based)
:
₹ 25.12 Cr.
Sector: Engineering
SME
IPO so far:
113
Merchant Banker:
Smart Horizon
SME
IPO by BRLM so far:
15
City:
Pune
SME
IPO so far:
42
Revenue (annualised):
₹ 25.08 cr.
PE
Ratio:
19.10x
Average Sector PE Ratio: 15.35x
Telge Projects IPO may offer opportunites, depending on your investment strategy. For in-depth analysis, risk factors, and KPIs, check our detailed report on Telge Projects Financial Review Page
Merchant Banker(s) of Telge Projects IPO: Smart Horizon Capital Advisors Private Limited
Telge Projects IPO subscription was 2.99 X. IPO subscription refers to applications received in an IPO by each quota, i.e., QIB, Retail, and NII. In some IPOs, Eligible employee quota and shareholder’s quota are also present. Learn more about IPO subscriptions here.
Telge Projects IPO listed at a listing price of 108.10 against the offer price of 105.00.
The current market price of Telge Projects is 111.00.
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