टेल्ज प्रकल्प 3.43% प्रीमियमसह सामान्य प्रारंभ करतात, मध्यम सबस्क्रिप्शनसाठी ₹108.60 मध्ये लिस्ट करतात

टेल्ज प्रोजेक्ट्स लिमिटेड, अभियांत्रिकी डिझाईन सेवा प्रदाता बीआयएम, संरचनात्मक अभियांत्रिकी आणि जागतिक ईपीसी फर्मसाठी 2D मसुदा, ऑक्टोबर 3, 2025 रोजी बीएसई एसएमई वर सामान्य प्रारंभ केला. सप्टेंबर 25-29, 2025 दरम्यान आयपीओ बिडिंग बंद केल्यानंतर, कंपनीने 2.95% प्रीमियमसह ट्रेडिंग सुरू केली, ₹108.10 मध्ये उघडले आणि 3.43% च्या लाभासह ₹108.60 पर्यंत वाढ.

टेल्ज प्रोजेक्ट्स लिस्टिंग तपशील

Telge Projects Limited launched its IPO at ₹105 per share, with a minimum investment of 2,400 shares, costing ₹ 252,000. The IPO received a moderate response with a subscription of 2.99 times - individual investors at 1.72 times, NII at 2.75 times, and QIB at 5.41 times.

फर्स्ट-डे ट्रेडिंग परफॉर्मन्स आऊटलुक

भारतीय मार्केटमध्ये इन्व्हेस्ट करा आणि 5paisa सह भविष्यातील क्षमता अनलॉक करा!

आत्ताच अकाउंट उघडा

• Listing Price: Telge Projects share price opened at ₹108.10, representing a premium of 2.95% from the issue price of ₹105, and rose to ₹108.60, delivering gains of 3.43% for investors, reflecting cautious market sentiment toward the engineering services sector.

वाढीचे चालक आणि आव्हाने

ग्रोथ ड्रायव्हर्स:

• Global Project Execution Capability: Executed projects across 11 countries, including Australia, Canada, Ireland, Malaysia, Singapore, the UK, and the USA, with established subsidiary Telge Projects Inc. in the USA, ensuring diversified geographic revenue streams.
• Comprehensive Service Portfolio: Wide-ranging offerings spanning BIM services, structural engineering design, material take-offs, 2D drafting, and architectural services with deep domain expertise and software capabilities serving EPC firms globally.
• Exceptional Financial Performance: Outstanding PAT growth of 103% to ₹5.38 crore and revenue growth of 105% to ₹25.65 crore in FY25, exceptional ROE of 67.29%, impressive ROCE of 56.22%, and strong margins with PAT margin of 21.45% and EBITDA margin of 32.97%.

आव्हाने:

• Aggressive Valuation Concerns: Post-issue P/E of 19.10x and elevated price-to-book value of 6.56x reflecting premium valuation in the highly competitive and fragmented engineering design services segment, requiring a sustained high growth trajectory.
• Small Scale Operations: Small paid-up equity post-IPO, indicating a longer gestation period for migration to the mainboard, limited operational scale with ₹25.65 crore revenue, and 166 employees raising scalability concerns.

IPO उत्पन्नाचा वापर

• Office Infrastructure: ₹8.73 crore for the purchase of additional office premises in Pune, Maharashtra, expanding operational capacity and establishing a stronger physical presence in key markets.
• Technology and Human Resources: ₹2.44 crore for computers, laptops, and software subscriptions, ₹4.18 crore for hiring manpower in India, and ₹4.86 crore for subsidiary investment in hiring manpower at Telge Projects Inc. in the USA.
• General Corporate Purposes: Supporting business operations, strategic initiatives, and expansion activities for sustained growth in the competitive engineering design services segment.

Financial Performance of Telge Projects

• Revenue: ₹25.65 crore for FY25, showing exceptional growth of 105% from ₹12.50 crore in FY24, reflecting strong market demand and successful business scaling in engineering design services.
• Net Profit: ₹5.38 crore in FY25, representing outstanding growth of 103% from ₹2.66 crore in FY24, indicating substantial operational leverage and margin strength in the engineering services business.
• Financial Metrics: Exceptional ROE of 67.29%, impressive ROCE of 56.22%, moderate debt-to-equity ratio of 0.83, outstanding PAT margin of 21.45%, impressive EBITDA margin of 32.97%, and estimated market capitalisation of ₹106.32 crore.