IPO

Bondada Engineering Limited IPO

BSE SME

Listed On: Aug 30, 2023 at ₹ 142.5

₹ 120000 /1600 Shares

Check Allotment

Bondada Engineering Limited IPO Details

18 Aug, 2023

Open Date

22 Aug, 2023

Close Date

25 Aug, 2023

Allotment Date

30 Aug, 2023

Listing Date

Issue Price

₹75 per equity share

Face Value

₹10 Per Equity Share

Listing at Group

BSE SME

Registrar

Kfin Technologies Limited

List Price

142.5

Listing Date

2023-08-30

Market Lot

1600 Shares (₹120,000/-)

Lead Manager

Vivro Financial Services Private Limited

Issue Size

5,696,000 shares(aggregating up to ₹42.72 Cr)

Retail Portion

50%

Subscription

112.33 times

IPO Docs

DRHP

Bondada Engineering Limited IPO Subscription Details

As onQIB / NIIRetailTotal
Shares Offered / Reserved2,704,0002,704,0005,408,000
Day 1 - 18-08-23 06:00 PM0.04 x1.35 x0.70 x
Day 2 - 21-08-23 06:00 PM10.65 x24.54 x17.60 x
Day 3 - 22-08-23 06:00 PM124.61 x100.05 x112.33 x

Bondada Engineering Limited Valuations

Earnings Per Share (EPS)

₹11.43/-

P/E Ratio

N/A

RoNW

22.77%

Net Asset Value (NAV) - Post Issue

₹N/A/-

Bondada Engineering Limited Company Financials All values are in ₹ Lakh

31-Mar-2331-Mar-2231-Mar-21
Assets25,115.4615,761.7317,091.69
Revenue37,095.7733,420.9628,832.29
Profit After Tax1,825.191,013.53920.55

About The Company

Bondada Engineering Limited provides engineering, procurement, and construction (EPC) services and operations and maintenance (O&M) services to companies operating in the telecom and solar energy industry.

The company provides passive telecom infrastructure services which include cell site construction, erection, operation, and maintenance of telecom towers with civil, electrical, and mechanical works; supply of poles and towers, laying and maintenance of optical fiber cables, supply of power equipment and other telecom infrastructure related services to major telecom companies and telecom tower operators in India. The company has installed over 11,600 telecom towers and poles out of which, 7,700 telecom towers and poles were installed in the last three fiscal.

Bondada Engineering also provides O&M services to telecom and tower operating companies such as cell site maintenance with preventive and corrective maintenance of passive infrastructure and equipment, backup power systems, manning services and supply of riggers, surveillance, and corrective maintenance of optical fiber cable routes and other maintenance related facilities.

Bondada's manufacturing facility is located in Keesara Mandal, Medchal, Telangana, with an installation capacity of ~12 thousand MTPA for tower fabrication.

The company has over 550 employees.

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Bondada Engineering Limited - Promoter(s)

Pre Issue Share Holding: %

Post Issue Share Holding: %

Company Promoter(s)

  1. Raghavendra Rao Bondada
  2. Neelima Bondada
  3. Satyanarayana Baratam

Bondada Engineering Limited IPO - Issue Objectives

  1. To meet long-term working capital requirements
  2. General Corporate Purposes.

Bondada Engineering Limited IPO - FAQs

Ans. Bondada Engineering Limited IPO is a SME IPO. The issue is priced at ₹75 per equity share. The minimum order quantity is 1600 Shares. The IPO opens on Aug 18, 2023, and closes on Aug 22, 2023. Kfin Technologies Limited is the registrar for the IPO. The shares are proposed to be listed on BSE SME.

Ans. The Bondada Engineering Limited IPO opens on Aug 18, 2023 and closes on Aug 22, 2023.

Ans. The size of Bondada Engineering Limited IPO is 5,696,000 shares(aggregating up to ₹42.72 Cr).

Ans. The IPO price band is set between ₹75 per equity share.

Ans. To apply for Bondada Engineering Limited IPO IPO, follow the steps given below:

  • - Open the IPO Ji App or Website
  • - Find Bondada Engineering Limited IPO in the List of IPOs
  • - Press "Apply" Button
  • - Select Your Demat Account
  • - Select Your Shares Quantity and Submit
  • - Track Your IPO Status

Ans. The share allotment date of Bondada Engineering Limited IPO is Aug 25, 2023.

Ans. The Bondada Engineering Limited IPO will be listed on Aug 30, 2023.

Ans. Follow the steps to check the allotment status for Bondada Engineering Limited IPO here.