
Infrastructure & Construction · BSE
Telge Projects offers a wide range of engineering design services, including BIM, structural design, material take-offs, 2D drafting, and architectural design, aimed at ensuring efficient project execution using modern technology. Serving EPC firms, fabricators, and contractors, the company provides accurate and cost-effective solutions and is ISO 9001:2015 certified, focusing on 3D modeling and detailing of precast and steel structures. It works on fixed-price and time-and-material contracts across commercial, industrial, infrastructure, institutional, and residential sectors, both in India and internationally. Telge Projects has completed projects in 11 countries, including Australia, Canada, UK, USA, and Singapore, and has acquired a US subsidiary, Telge Projects Inc. As of March 31, 2025, it has 81 ongoing projects with a total order book of ₹442.01 lakhs.
Price Band
₹95 – ₹105
Issue Size
₹27.24 Cr
Lot Size
1200 shares
GMP
Est. Listing
₹105
at current GMP
Subscribed
3.07x
overall
Open
25 Sep 2025
Close
29 Sep 2025
Allotment
30 Sep 2025
Refund
1 Oct 2025
Demat Credit
2 Oct 2025
Listing
3 Oct 2025
Overall Subscription
3.07x
Total Demand
QIB Multiplier
5.41x
Institutions & Funds
NII / HNI
3.10x
High Net-Worth
Retail (RII)
1.73x
Individual Bidders
Live bidding breakdown by institutional, non-institutional, and retail investors
| Category | Shares Offered | Shares Applied / Bid | Times Subscribed |
|---|---|---|---|
| QIB | 492,000 | 2,664,000 | 5.41x |
| NIB | 372,000 | 1,154,400 | 3.10x |
| HNIs(10L +) | 248,000 | 873,600 | 3.52x |
| HNIs (2-10L) | 124,000 | 280,800 | 2.26x |
| RETAIL | 866,400 | 1,502,400 | 1.73x |
| Total | 2,102,400 | 6,475,200 | 3.07x |
Total unique applications received across retail and HNI tranches
| Category | Applications Reserved | Applications Received | Times Subscribed |
|---|---|---|---|
| QIB | — | 7 | 0.00x |
| NIB | — | 126 | 0.00x |
| RETAIL | 361 | 626 | 1.73x |
| HNIs(10L +) | 69 | 60 | 0.87x |
| HNIs (2-10L) | 34 | 66 | 1.94x |
| Total Applications | 464 | 885 | 1.91x |
Track continuous institutional and retail bidding order books for all active issues on the ipo live subscription feed.
Telge Projects Limited is bringing an initial public offering (IPO) in the Infrastructure & Construction sector with an aggregate issue size of ₹27.24 Crores. The shares are offered at a price band of ₹95 to ₹105 per equity share on BSE. Currently, grey market participants and retail investors are watching the bidding trend, premium movement, and anchor book demand with keen interest.
Prospective investors can apply in the retail quota with a minimum of 1 lot comprising 1200 shares (approx. ₹1,26,000 minimum investment). High net-worth individuals (HNI/NII) can bid in the sHNI (₹2 Lakh to ₹10 Lakh) or bHNI (above ₹10 Lakh) categories for enhanced quota allocation.
Allotment reconciliation will be managed by Bigshare Services Private Limited. Eligible allottees will receive credit of equity shares into their Demat accounts by 2025-10-02, while un-allotted funds or UPI block mandates will be released on 2025-10-01.
Currently, Telge Projects Limited IPO Grey Market Premium (GMP) is not actively quoted or is quoted flat at ₹0. The shares are expected to list close to the issue price band of ₹95 to ₹105 per equity share.
The retail lot size is 1200 shares requiring a minimum application amount of ₹1,26,000. Expected listing price is ₹105 per equity share.
The Telge Projects Limited IPO aggregate issue size is ₹27.24 Crores with an equity price band set at ₹95 to ₹105 per equity share. The retail lot size is 1200 shares requiring a minimum capital outlay of approx. ₹1,26,000.
Live subscription figures are compiled real-time from the NSE and BSE bidding engines. Currently, overall subscription is 3.07x (Retail: 1.73x, QIB: 5.41x, NII: 3.10x). You can track live multiples directly on our dedicated subscription page.
The basis of allotment will be published on the official registrar portal (Bigshare Services Private Limited) and the BSE status verification website on or around 2025-09-30. Investors can verify status using PAN card or application number.
Telge Projects Limited shares are scheduled to list on BSE on 2025-10-03.