Konstelec Engineers Ltd
Price Range
₹66 - ₹70
Min. Quantity
2,000
Closes on
24 January 2024
Min. investment
₹1,40,000/2,000 Shares
Konstelec Engineers Ltd IPO Timeline
Konstelec Engineers Ltd was originally incorporated as 'Konstelec Engineers Private Limited' vide Certificate of Incorporation dated December 05, 1995, issued by the Registrar of Companies, Mumbai. Subsequently Company converted from a Private Limited to Public Limited and consequently, the name of Company was changed to 'Konstelec Engineers Limited' and a fresh Certificate of Incorporation
| Event | Date |
|---|---|
| Konstelec Engineers Ltd IPO Opening Date | 19 January 2024 |
| Konstelec Engineers Ltd IPO Closing Date | 24 January 2024 |
| Basis of Allotment | 25 January 2024 |
| Initiation of Refunds | 29 January 2024 |
| Credit of Shares to Demat | 29 January 2024 |
| Konstelec Engineers Ltd IPO Listing Date | 30 January 2024 |
Konstelec Engineers Ltd IPO Details
| Konstelec Engineers Ltd IPO Date | 19 January 2024 to 24 January 2024 |
| Konstelec Engineers Ltd IPO Face Value | ₹10 per share |
| Konstelec Engineers Ltd IPO Price | ₹66 to ₹70 per share |
| Konstelec Engineers Ltd IPO Lot Size | 2,000 |
| Issue Size | Shares of ₹10 (aggregating up to ₹28.7 Cr) |
| Fresh Issue | Shares of ₹10 (aggregating up to ₹28.7 Cr) |
| Offer for Sale | - |
| Issue Type | Book Building - SME |
| Listing At | NSE - SME |
| QIB Shares Offered | - |
| Retail Shares Offered | - |
| NII (HNI) Shares Offered | - |
| Company Promoters | Biharilal Ravilal Shah, Amish Biharilal Shah |
Konstelec Engineers Ltd IPO Lot Size
The Konstelec Engineers Ltd IPO lot size is 2,000 shares. A retail-individual investor can apply for up to 1 lots (2,000 shares or ₹1,40,000).
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Minimum | 1 | 2,000 | ₹1,40,000 |
| Maximum | 1 | 2,000 | ₹1,40,000 |
- Strengths
- Risks
- Opportunities
- Expertise and Experience.
- Strong Project Management.
- Comprehensive Service Offering.
- Diverse and Skilled Workforce.
- Robust Technical Infrastructure.
- Commitment to Quality and Safety.
- Robust Order Book.
- Strong Client Relationships.
- Geographical Presence.
- Track Record of Successful Projects.
Company Financials
Konstelec Engineers Ltd Financial Information (Restated)
| Period Ended | Total Assets | Total Revenue | Profit After Tax |
|---|---|---|---|
| 03-2024 | 206 | 217.4 | 9.24 |
| 03-2023 | 146.46 | 155.13 | 7.19 |
| 03-2022 | 116.07 | 107.77 | 3.77 |
| Amount in ₹ Crore | |||
Objects of the Issue
The company proposes to utilise the Net Proceeds from the Fresh Issue towards funding the following objects:
- To meet working capital requirements
- General corporate purposes
Konstelec Engineers Ltd IPO Promoter Holding
| Pre Issue Share Holding | 60.7% |
| Post Issue Share Holding | 44.22% |
Konstelec Engineers Ltd IPO Subscription Status (Bidding Detail)
The Konstelec Engineers Ltd IPO is subscribed 227.4722 times on 24 January 2024 05:00:00 PM. The public issue subscribed 0 times in the retail category, 0 times in the QIB category, and 0 times in the NII category. Check Day by Day Subscription Details (Live Status)
| Category | QIB | NII | Retail | Employee | Total |
| Subscription (times) | - | - | - | - | 227.4722 |
Konstelec Engineers Ltd IPO Prospectus
Konstelec Engineers Ltd IPO Listing Date
| Listing Date | 30 January 2024 |
| BSE Script | 37016 |
| NSE Symbol | KONSTELEC |
| Listing In | NSE - SME |
| ISIN | INE0QEI01011 |
| IPO Price | ₹70 |
| Face Value | ₹10 |
Company Contact Information
308 Creative Industrial EstateSunder Nagar Lane No 2,Mumbai-400098
Phone: 91-22-43421551
Email: compliance@konstelec.com
Website: www.konstelec.com
Konstelec Engineers Ltd IPO Registrar
Konstelec Engineers Ltd IPO Lead Manager(s)
- Beeline Capital Advisors Pvt Ltd
FAQ
What is the issue size of Konstelec Engineers Ltd IPO?
I have pre-applied for Konstelec Engineers Ltd IPO. When will my order get placed?
In case of pre-apply, your IPO order will be placed on the Exchange as soon as the official bidding for TBI Corn Ltd IPO begins. You will receive a UPI request within 24 hours after the bidding period opens.