Market & News

Registered Office: Unit #502A 5th Flr Om Chambers,#.T-29,30,31 TBlock Bhosari IE, Pune - 411026, Maharashtra, India.
Phone : +91 77579 50799   Fax:
Email :  compliance@telgeprojects.com  
Website :  https://telgeprojects.com/

Initial public offer of upto 25,94,400 equity shares of face value of Rs.10/- each (the "Equity Shares") of Telge Projects Limited ("the Company" or "Telge Projects" or "the Issuer") for cash at a price of Rs. 105 per equity share including a share premium of Rs. 95 per equity share (the "Issue Price") aggregating to Rs.27.24 crores ("the Issue"), of which upto 1,30,800 equity shares of face value of Rs. 10/- each for cash at a price of Rs. 105 per equity share including a share premium of Rs. 95 per equity share aggregating to Rs. 1.37 crores will be reserved for subscription by market maker to the issue (the "Market Maker Reservation Portion"). The issue less the market maker reservation portion i.e., net issue of upto24,63,600 equity shares of face value of Rs. 10/- each at a price of Rs. 105 per equity share including a share premium of Rs. 95 per equity share aggregating to Rs. 25.87 crores is herein after referred to as the "Net Issue". The issue and the net issue will constitute 26.5 % and 25.16 % respectively of the post issue paid up equity share capital of the company.