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TELGE
LISTEDInvestors can bid for minimum 1200 shares (2 lots min for Individual) and in multiples. The table shows min-max investment by Individual and HNI.
| Application | Lots | Shares | Amount |
|---|---|---|---|
Individual(min) | 2 | 2,400 | ₹2.52L |
Individual(max) | 2 | 2,400 | ₹2.52L |
SHNI(min) | 3 | 3,600 | ₹3.78L |
SHNI(max) | 7 | 8,400 | ₹8.82L |
BHNI(min) | 8 | 9,600 | ₹10.08L |
Note: Lot size is 1200 shares at ₹105/share (₹₹1.26L/lot). SME: 2 lots minimum. Limits: Individual ₹0-₹2L, sHNI ₹2L-₹10L, bHNI >₹10L.
Telge Projects Limited is an engineering design firm specializing in Building Information Modeling (BIM), structural engineering design, material take-offs, 2D drafting, and architectural design services. The company has shown significant revenue growth of over 100% from ₹12.50 crores in 2024 to ₹25.65 crores in 2025 and operates in the SME segment with a market capitalization of around ₹102.8 crores.
Despite strong growth and good profitability metrics, the Telge Projects IPO suffers from very low market subscription and muted grey market interest indicating weak investor confidence. The relatively high price-to-book ratio and small issue size signal limited liquidity and potential volatility. Given these factors and SME market risks, it is advisable to avoid applying in this IPO except for aggressive investors seeking speculative listing gains with high risk tolerance.
Analyst Notes: Automated research generated via Perplexity AI