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How to Check Telge Projects IPO Allotment Status?
Last Updated: 30th September 2025 - 11:09 am
Telge Projects Limited is engaged in comprehensive range of engineering design services primarily serving EPC firms, fabricators, and contractors by offering accurate, cost-effective, and timely engineering design solutions, incorporated on January 16, 2018, having executed projects across 11 countries including Australia, Canada, Ireland, Latvia, Malaysia, New Zealand, Poland, Singapore, Sweden, UK, and USA while acquiring subsidiary Telge Projects Inc. in USA, offering diversified services spanning Building Information Modeling, Structural Engineering Design, Material Take-Offs, 2D Drafting, and Architectural Services, operating with deep domain expertise and software capabilities, maintaining long-standing relationships with customers globally, leveraging two-shift execution model with in-house capabilities, employing 166 people as of March 31, 2025.
The Telge Projects IPO came with a total issue size of ₹27.24 crore, comprising entirely a fresh issue of 0.26 crore shares aggregating to ₹27.24 crore. The IPO opened on September 25, 2025, and closed on September 29, 2025. The allotment for the Telge Projects IPO is expected to be finalized on Tuesday, September 30, 2025. The Telge Projects IPO share price band was set at ₹95 to ₹105 per share.
Steps to Check Telge Projects IPO Allotment Status on Registrar Site
- Visit the Bigshare Services Pvt.Ltd. website
- Select "Telge Projects" from the dropdown menu on the allotment status page
- Enter your PAN ID, Demat Account Number, or Application Number in the designated field
- Complete the captcha verification process and click on the "Submit" button to view your allotment status
Steps to Check Telge Projects IPO Allotment Status on BSE
- Navigate to the BSE SME IPO Allotment Status Page
- Select the issue type: equity/debt
- Choose "Telge Projects" from the list of active IPOs in the dropdown menu
- Input your Application Number and PAN ID in the required fields
- Verify the captcha and click "Search" to check your allotment status
Telge Projects IPO Subscription Status
Telge Projects IPO received moderate investor interest, being subscribed 2.99 times overall. The subscription showed mixed confidence with strong institutional interest but weak retail participation. Here is a category-wise breakdown of the subscription as of 5:05:00 PM on September 29, 2025:
- Non-Institutional Investors (NII): 2.75 times.
- QIB Category (Ex Anchor): 5.41 times.
- Individual Investors: 1.72 times.
| Date | QIB (Ex Anchor) | NII | Individual Investors | Total |
| Day 1 September 25, 2025 | 0.00 | 0.37 | 0.09 | 0.12 |
| Day 2 September 26, 2025 | 0.25 | 0.26 | 0.15 | 0.20 |
| Day 3 September 29, 2025 | 5.41 | 2.75 | 1.72 | 2.99 |
Telge Projects IPO Share Price and Investment Details
The Telge Projects IPO stock price band was set at ₹95 to ₹105 per share with a minimum lot size of 1,200 shares. The minimum investment required for retail investors was ₹2,52,000 for 2 lots (2,400 shares). The issue included up to 7,33,200 shares allocated to anchor investors raising ₹7.70 crore. Given the moderate subscription response of 2.99 times overall, with strong institutional interest at 5.41 times but weak retail participation at 1.72 times, the Telge Projects IPO share price is expected to list with modest premium.
Utilisation of IPO Proceeds
The funds raised through the IPO will be utilised as follows:
- Capital expenditure for purchase of office premises at Pune: ₹8.73 crore.
- Capital expenditure for computers, laptops, and software subscriptions: ₹2.44 crore.
- Hiring manpower in the company: ₹4.18 crore.
- Investment in subsidiary for hiring manpower in Telge Projects Inc: ₹4.86 crore.
- General corporate purposes: Remaining amount.
Business Overview
Telge Projects Limited operates with deep domain expertise in engineering design services, established global presence across 11 countries with strategic subsidiary acquisition in USA, diversified service portfolio spanning BIM, structural engineering, and architectural services, long-standing customer relationships with EPC firms and contractors, experienced promoter and senior management team, and in-house execution capabilities with efficient two-shift model while demonstrating exceptional financial performance with 105% revenue increase and 103% PAT rise between FY24-FY25, maintaining outstanding financial metrics with 67.29% ROE and strong 21.45% PAT margin though carrying moderate debt-equity ratio of 0.83.
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