The bidding window for the Telge Projects SME IPO was open from September 25, 2025, to September 29, 2025. The basis of allotment will be finalised today, September 30, 2025. Here’s how you can check the IPO allotment status.
Telge Projects IPO is a book-building issue of ₹27.24 crores, consisting entirely of a fresh issue of 0.26 crore shares. The price band is set between ₹95 and ₹105 per share. The tentative listing on the BSE SME is scheduled for October 3, 2025.
Smart Horizon Capital Advisors Pvt. Ltd. is the book-running lead manager, and Bigshare Services Pvt. Ltd. is the registrar for the issue.
The net proceeds from the fresh issue will be used to
(September 29, 2025, end of the day)
Category |
Subscription (times) |
Qualified Institutional Investors (QIBs) |
5.41 |
Non-Institutional Investors |
2.75 |
Individual Investors (IND category bidding for 2 Lots) |
1.72 |
Total |
2.99 |
Telge Projects delivers end-to-end engineering and design solutions tailored for the Architecture, Engineering, and Construction (AEC) industry. Their core services include Building Information Modelling (BIM), structural and architectural design, material take-offs (MTO), and high-precision 2D drafting.
The company’s revenue from operations has increased by 102.11% from ₹1,241.05 lakhs in FY 2024 to ₹2,508.21 lakhs in FY 2025.
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