Price Band
₹95 - ₹105
Lot Size
1200
Issue Size
₹27.24 Cr
GMP
N/A
Subscription
2.99x
Analyzing...
IPO Schedule
1
Open
25 Sept 2025
2
Close
29 Sept 2025
3
Allotment
30 Sept 2025
4
Listing
3 Oct 2025
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.
Key Strengths
- High Return on Equity (ROE) of 67.29% suggests efficient utilization of shareholder funds and strong profitability.
- Relatively low Price-to-Earnings (P/E) ratio of 14.04 compared to industry peers may indicate an attractive valuation.
- Experience in the EPC sector allows them to bid for and execute infrastructure projects effectively.
- SME segment focus provides opportunities to cater to specific project needs and potentially achieve higher growth rates.
- Clear and defined business strategy for infrastructure development
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.
Valuation Analysis
The IPO appears reasonably valued considering the high ROE and moderate P/E ratio, but investors should carefully consider the risks associated with SME investments and the EPC sector.
IPO Details
ExchangeNSE
SegmentSME
ISININE0SRP01014
NSE SymbolTELGE
Face Value₹10
Lot Size1200
Issue Size₹27.24 Cr
Key Metrics
ROE67.29%
ROCE56.22%
P/E Ratio14.04
Industry P/E20
EPS7.48
PAT Margin21.45%
Debt/Equity0.83
Growth & Quality
Revenue Growth (YoY)-5.3%
ProfitableYes ✓
Subscription
Total0.12x
Documents
Key Dates
Open Date25 Sept 2025
Close Date29 Sept 2025
Allotment30 Sept 2025
Listing3 Oct 2025