IPO Schedule
1
Open
25 Sept
2
Close
29 Sept
3
Allotment
30 Sept
4
Listing
3 Oct
Telge Projects Ltd IPO
Issue:₹105
List:₹108.1
CMP:₹99
NSELot: 1200Infrastructure Developers & Operators
LISTEDSME
Issue Price₹105
Listing₹108.1
Current₹99
Content
About Telge Projects Ltd
Telge Projects Ltd. is an engineering, procurement, and construction (EPC) company focusing on providing comprehensive solutions for infrastructure projects. They offer a range of services, including design, engineering, procurement, construction, and project management.
Subscription Status
QIB
0.00x
NII
0.37x
Retail
0.09x
| Category | Day 3 | Day 2 | Day 1 |
|---|---|---|---|
| QIB | 5.41x | 0.25x | 0.00x |
| NII | 2.75x | 0.26x | 0.37x |
| Retail | 1.72x | 0.15x | 0.09x |
| Total | 2.99x | 0.20x | 0.12x |
Risk Factors
•As an SME, the company may face challenges in competing with larger, more established players in the EPC market.
•Dependence on specific projects or clients could expose the company to revenue volatility if projects are delayed or canceled.
•Fluctuations in raw material prices and labor costs can impact profitability and project margins.
Promoters & Management
The key management personnel of Telge Projects Limited include: Ms. Shraddha Shailesh Telge, Chairman, Managing Director cum Chief Executive Officer; Mr. Vinayak Sahebrao Mane, Chief Financial Officer; Ms. Barkha Mohit Bharuka, Company Secretary and Compliance Officer; Mr. Nilesh Anandrao Chincholkar, Chief Operating Officer. The Board of Directors comprises Ms. Shraddha Shailesh Telge, Mr. Telge Vishal Uttam, Ms. Priti Vishal Telge, Mr. Ravi Pandit, and Mr. Avinash Sureshkumar Sachdev. The Board has three committees: Audit Committee, Stakeholders' Relationship Committee, and Nomination and Remuneration Committee. The Board is committed to good Corporate Governance practices based on the principles such as accountability, transparency in dealing with our stakeholders, emphasis on communication and transparent report.