IPO

Konstelec Engineers Limited IPO

NSE SME

Listed On: Jan 30, 2024 at ₹ 210.0

₹ 140000 /2000 Shares

Check Allotment

Konstelec Engineers Limited IPO Details

19 Jan, 2024

Open Date

24 Jan, 2024

Close Date

25 Jan, 2024

Allotment Date

30 Jan, 2024

Listing Date

Issue Price

₹66-70 per equity share

Face Value

₹10 Per Equity Share

Listing at Group

NSE SME

Registrar

Skyline Financial Services Private Ltd

List Price

210.0

Listing Date

2024-01-30

Market Lot

2000 Shares (₹140,000/-)

Lead Manager

Beeline Capital Advisors Pvt Ltd

Issue Size

4,100,000 shares(aggregating up to ₹28.70 Cr)

Retail Portion

35%

Subscription

341.85 times

IPO Docs

RHP

Konstelec Engineers Limited IPO Subscription Details

As onQIB / NIIRetailTotal
Shares Offered / Reserved778,000 / 586,0001,364,0002,728,000
Day 1 - 19-01-24 06:00 PM7.09 / 19.77 x40.02 x26.28 x
Day 2 - 23-01-24 06:00 PM12.80 / 116.81 x234.58 x146.02 x
Day 3 - 24-01-24 06:00 PM113.80 / 421.70 x437.62 x341.85 x

Konstelec Engineers Limited Valuations

Earnings Per Share (EPS)

₹5.15/-

P/E Ratio

N/A

RoNW

12.56%

Net Asset Value (NAV) - Post Issue

₹N/A/-

Konstelec Engineers Limited Company Financials All values are in ₹ Lakh

31-Mar-2331-Mar-2231-Mar-21
Assets14,612.9911,884.4410,364.02
Revenue15,500.0510,902.3110,617.16
Profit After Tax777.77352.25190.34

About The Company

Konstelec Engineers Limited is an EPC company active in the fields of engineering, procurement and construction/commissioning (EPC).

The company offers a wide range of services including engineering and drawings, procurement, operations and maintenance, project management and construction and commissioning. The company's areas of expertise include electrical installation, solar power plant installation, instrumentation and automation. The company has completed more than 200 projects of varying size and complexity, including 45 major projects worth over 400 crores.

The company's clients include Reliance Industries Limited, Engineers India Limited, JSW Steel, Indian Oil, BPCL, HPCL, CPCL, MRPL, ISRO, ACC, BARC, Dangote Industries Limited, Adani, NTPC, Tata Steel Ltd, Navin Fluorine International Ltd and IGPL, etc.

The company provides services in more than 15 states in India and Nigeria.

As on August 31, 2023, Konstelec Engineers Limited has an order book of more than 50 major projects worth around 565 crores at various stages of implementation.

The company has 884 employees in India and Africa.

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Konstelec Engineers Limited - Promoter(s)

Pre Issue Share Holding: 91.65%

Post Issue Share Holding: %

Company Promoter(s)

  1. Mr. Biharilal Ravilal Shah
  2. Mr. Amish Biharilal Shah

Konstelec Engineers Limited IPO - Issue Objectives

  1. To Meet Working Capital Requirements
  2. General corporate purposes
  3. To meet Public Issue Expenses.

Konstelec Engineers Limited IPO - FAQs

Ans. Konstelec Engineers Limited IPO is a SME IPO. The issue is priced at ₹66-70 per equity share. The minimum order quantity is 2000 Shares. The IPO opens on Jan 19, 2024, and closes on Jan 24, 2024. Skyline Financial Services Private Ltd is the registrar for the IPO. The shares are proposed to be listed on NSE SME.

Ans. The Konstelec Engineers Limited IPO opens on Jan 19, 2024 and closes on Jan 24, 2024.

Ans. The size of Konstelec Engineers Limited IPO is 4,100,000 shares(aggregating up to ₹28.70 Cr).

Ans. The IPO price band is set between ₹66-70 per equity share.

Ans. To apply for Konstelec Engineers Limited IPO IPO, follow the steps given below:

  • - Open the IPO Ji App or Website
  • - Find Konstelec Engineers 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 Konstelec Engineers Limited IPO is Jan 25, 2024.

Ans. The Konstelec Engineers Limited IPO will be listed on Jan 30, 2024.

Ans. Follow the steps to check the allotment status for Konstelec Engineers Limited IPO here.