Telge Projects Ltd IPO
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Telge Projects Ltd IPO Details
Details
| Total Shares Offered | Offer to Public | Retail Max (Shares) | Pre Issue Promoters Holding | Exchange | Issue size |
|---|---|---|---|---|---|
| ₹ 25.94 L | TBA | ₹ 8.66 L | ₹ 70 L | BSE | ₹ 27.24 Cr |
| IPO Open Date | Close Date | Lot Size | Min Investment | Issue Type | Listing Date |
| 25 Sep, 25 | 29 Sep, 25 | 2400 | ₹ 2,28,000 | Book Building - SME | 03 Oct, 25 |
Telge Projects Ltd IPO Dates
Details
| Sector | Type |
|---|---|
| Sector | Engineering - Turnkey Services |
| Sub Sector | NA |
| Issue Type | Book Building - SME |
Subscription Status
*Values are in Lakhs
| Investor Type | Subscription Times | Shares Offered* | Shares Bid* |
|---|---|---|---|
| QIB | 2.17x | 1225200 | 2664000 |
| NII | 3.1x | 372000 | 1154400 |
| Retail | 1.73x | 866400 | 1502400 |
| Employee | 0x | 0 | 0 |
| Total | 2.05x | 2594400 | 5320800 |
Subscription Status
Investor Type
QIB
NII
Retail
Employee
Total
*Values are in Lakhs
Telge Projects Ltd Financial Status
Income Statement
Balance Sheet
| Particulars (in Rs. Crores) | FY23 | FY22 | FY21 |
|---|---|---|---|
| Revenue from operations | 1.32 | 1.03 | TBA |
| EBITDA | 1.89 | 1.61 | TBA |
| PAT | 0.58 | 0.31 | TBA |
| Total Assets | 3.91 | 1.96 | TBA |
| Share Capital | 1.00 | 1.00 | TBA |
| Total Borrowings | 0.90 | 0.31 | TBA |
| Operating Activities (Net Cash) | 1.15 | 0.89 | TBA |
| Investing Activities (Net Cash) | 0.00 | 0.00 | TBA |
| Financing Activities (Net Cash) | 0.90 | 0.31 | TBA |
| Net Cashflow | 0.50 | 0.16 | TBA |
Particulars (in Rs. Crores)
Revenue from operations
EBITDA
PAT
Total Assets
Share Capital
Total Borrowings
Operating Activities (Net Cash)
Investing Activities (Net Cash)
Financing Activities (Net Cash)
Net Cashflow
About Telge Projects Ltd
Our Company was originally incorporated under the name Telge Projects Private Limited under the provisions of the Companies Act, 2013 vide Certificate of Incorporation dated January 16, 2018, issued by the Registrar of Companies, Central Registration Centre. Subsequently the status of the Company was changed to public limited and the name of our Company was changed to Telge Projects Limited vide Special Resolution passed by the Shareholders at the Extra Ordinary General Meeting of our Company held on December 18, 2023. The fresh certificate of incorporation consequent to conversion was issued on January 02, 2024, by Registrar of Companies, ROC Pune. The Corporate Identification Number of our Company is U29256PN2018PLC174381.
The India building information modeling market is undergoing a significant transformation, propelled by a confluence of factors that underscore the evolution of the construction and architecture industries. Primarily, technological advancements across the country have emerged as key drivers, reshaping the BIM landscape. Additionally, stakeholders in India are leveraging building information modeling to design and construct environmentally friendly structures, adhering to green building standards.
Incorporated on January 16, 2018, we are presently engaged in comprehensive range of engineering design services, such as building information modeling (BIM), structural engineering design, material take-offs (MTO), 2D drafting and architectural design to ensure seamless project execution. Our services emphasize the use of modern methodologies over traditional approaches. We serve to EPC (Engineering, Procurement, and Construction) firms, fabricators, and contractors by delivering accurate, cost-effective engineering services in a timely manner. Further our clientele includes companies across the commercial, industrial, infrastructure, institutional and residential sectors in both domestic and international market. In India, we have developed our presences in Maharashtra and Odisha and we have also developed our presence in the global market, successfully exporting our services to over eleven (11) countries including Australia, Canada, Ireland, Latvia, Malaysia, New Zealand, Poland, Singapore, Sweden, UK (United Kingdom) and USA (United States of America).
Peer Comparison:
- Mold-Tek Technologies Limited
Telge Projects Ltd IPO Key Points
Strengths
- Deep domain expertise with software capabilities.
- Long Standing Relationships with customers globally.
- Leveraging the experience of our Promoter and Senior Managerial Personnel.
- Established market setup and diversified service range.
- Global Presence across various countries.
Risk
- We have generated more than 50% revenues from our top 10 customers in the each of the immediately 3 preceding Fiscals, and the loss of such customers or a reduction in our revenue from such customers will have a material adverse impact on our business.
- Our source of revenue is concentrated to export markets in certain geographical locations and our inability to operate and grow our business in such countries may have an adverse effect on our business, financial condition, result of operation, cash flow and future business prospects.
- Our Company is heavily depending on Tekla Structures software. In case of reliance, any corruption, loss, or inaccessibility could have a material adverse impact on our business, results of operations, financial condition and cash flows.
Strategy
- Strategic Infrastructure Investment in Pune, Maharashtra.
- Expand our business and geographical footprint.
- Continue to invest in technology and software capabilities.
- Building-up as a professional organization & attracting bright talent.
- Improving functional efficiency.
- Deep domain expertise with software capabilities.
- Long Standing Relationships with customers globally.
- Leveraging the experience of our Promoter and Senior Managerial Personnel.
- Established market setup and diversified service range.
- Global Presence across various countries.
How To Apply for Telge Projects Ltd IPO Online?
Step 1:
Log in to the BlinkX stock market app and click ‘IPO’ in the Xplore section.
Step 2:
From the list of open IPOs, select the IPO you want to invest.
Step 3:
Go through the IPO details like lot size, price band, about the company, etc.
Step 4:
Click ‘Apply IPO’ to apply and enter the number of lots and bidding price along with your UPI ID.
Step 5:
Confirm your bid and accept the payment mandate sent to your UPI App for completing the IPO application.
