Bondada Engineering Limited

Offer PeriodAug 18, 2023 – Aug 22, 2023

Aug 18, 2023 – Aug 22, 2023

BSE - SMEListed

Listed Price:

₹142.50

(+90.00%)

Price Band₹75 - ₹75

Lot Size1,600 Shares

Allotment DateAug 25, 2023

Listing DateAug 30, 2023

Subscription112.33 Times

Issue Size₹42.72 Cr

Check Allotment

Share IPO Trend

IPO Details

Subscription

Lot Distribution

Reservation

Company Fin.

₹60
(80.00%)

Premium (ELP)

Bondada Engineering Limited's completed its IPO journey with a successful listing on BSE on Aug 30, 2023. The public offering mobilized 56,96,000 Shares in total capital, comprising 56,96,000 Shares in fresh equity.

The offering was conducted within the price band of ₹75 to ₹75, with minimum application lots of 1600 shares. Investor participation during the Aug 18, 2023 to Aug 22, 2023 subscription window determined the final allocation pattern.

The basis of allotment was announced on Aug 25, 2023, finalizing share distribution to successful applicants. The listing represents a significant corporate development, providing the company with enhanced visibility and access to public capital markets.

Bondada Engineering IPO Details

IPO Date

Aug 18, 2023 to Aug 22, 2023

Allotment Date

Aug 25, 2023

List Date

Aug 30, 2023

Lot Size

1,600 share

Issue Price

₹75 - ₹75

Issue Size

56,96,000 (aggregating up to 42.72 Cr)

Fresh Issue

56,96,000 (aggregating up to 42.72 Cr)

Offer For Sale

Listing At

BSE

Share Holding Pre-Issue

1,59,06,059

Share Holding Post-Issue

2,16,02,059

Market Marker Portion

2,88,000

First time applying for an IPO? Read our guide on How to Apply for an IPO & Bidding Timings.

Lot(s) Distribution

Investors can bid starting from the minimum lot size specified for this IPO, and only in multiples of that lot size. The table below shows the minimum and maximum investment for retail investors and HNIs in terms of lots, quantity, and amount.

Category	Lot(s)	Qty	Amount

Category	Lot(s)	Qty	Amount
Retail (Min)	1	1600	1,20,000
HNI	2	3200	2,40,000

IPO Reservation

Shares56,96,000

Retail

47.47%(27,04,000)

NII(HNI)

47.47%(27,04,000)

Market Maker

5.06%(2,88,000)

Total

100.00%(56,96,000)

Bondada Engineering IPO Key Performance Indicators

Learn About IPO KPIs →

KPI	Values

KPI	Values
EPS	11.43
ROE	22.77
ROCE	35.63
RONW	22.77
PRE IPO(PE)	6.56
POST IPO(PE)	0

Want to understand how to evaluate these metrics? Read our guide on IPO Key Performance Indicators (KPIs).

Company Financials (In Lakhs)

Period Ended	31 Mar 2021	31 Mar 2022	31 Mar 2023

Period Ended	31 Mar 2021	31 Mar 2022	31 Mar 2023
Assets	17,091.69	15,761.73	25,115.46
Revenue	28,832.29	33,420.96	37,095.77
Net Worth	4,775.88	5,789.41	7,837.54
Total borrowing	4,667.31	3,803.23	8,422.65
Profit after tax	920.55	1,013.53	1,825.19
Reserves and Surpluses	4,693.88	5,707.41	6,246.93

Bondada Engineering IPO About Company

Incorporated in 2012, Bondada Engineering Limited provides engineering, procurement, and construction (EPC) as well as operations and maintenance (O&M) services for the telecom and solar energy sectors. The company offers passive telecom infrastructure services, including cell site construction, tower erection, maintenance, supply of poles and towers, laying and maintenance of optical fiber cables, and power equipment provision. Bondada has installed over 11,600 telecom towers and poles, including 7,700 in the last three fiscal years. Its O&M services cover preventive and corrective maintenance, backup power systems, and optical fiber surveillance. The company’s manufacturing facility in Keesara Mandal, Telangana has an installation capacity of ~12,000 MTPA.

Note : "Calculations for ‘Shares Offered’ and ‘Total Amount’ are based on the highest price in the issue price band."

✅Bondada Engineering IPO Strength Factors

⚠️Bondada Engineering IPO Risk Factors

🏦Bondada Engineering IPO Lead Manager(s)

Vivro Financial Services Private Limited

👤Bondada Engineering IPO Promoter(s)

Raghavendra Rao Bondada
Neelima Bondada
Satyanarayana Baratam

🏢Bondada Engineering IPO Company Details

Bondada Engineering Limited

Email:cs@bondada.net

Phone:+91 72070 34662

Website:https://bondada.net/

address:1-1-27/37, Ashok Manoj Nagar Kapra, Hyderabad - 500062

📋Bondada Engineering IPO Registrar

Kfin Technologies Limited

Name:Kfin Technologies Limited

Phone:+91 72070 34662

Email:cs@bondada.net

Website:https://bondada.net/

❓Bondada Engineering IPO FAQs

Bondada Engineering IPO is a main-board IPO of 56,96,000 equity shares of the face value of ₹10 per share aggregating up to ₹0.00 crore shares. The issue is priced at ₹75 - ₹75 per share. The minimum order quantity is .The IPO opens on Aug 18, 2023, and closes on Aug 22, 2023. Link Intime India Private Ltd is the registrar for the IPO. The shares are proposed to be listed on BSE.

Zerodha customers can apply online in Bondada Engineering IPO using UPI as a payment gateway. Zerodha customers can apply in Bondada Engineering IPO by login into Zerodha Console (back office) and submitting an IPO application form. Steps to apply in Bondada Engineering IPO through Zerodha (1) Visit the Zerodha website and login to Console. (2) Go to Portfolio and click the IPOs link. (3) Go to the 'Bondada Engineering IPO' row and click the 'Bid' button. (4) Enter your UPI ID, Quantity, and Price. (5) Submit IPO application form. (6) Visit the UPI App (net banking or BHIM) to approve the mandate. Visit Zerodha IPO Application Process Review for more detail.

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

You can apply in Bondada Engineering IPO online using either UPI or ASBA as a payment method. ASBA IPO application is available in the net banking of your bank account. UPI IPO application is offered by brokers who don't offer banking services. Read more detail about applying IPO online through Zerodha, Upstox, 5Paisa, Nuvama, HDFC Bank, and SBI Bank.

The finalization of Basis of Allotment for Bondada Engineering IPO will be done on Aug 25, 2023, and the allotted shares will be credited to your demat account by Aug 25, 2023

Bondada Engineering IPO's listing date is Aug 30, 2023.

Bondada Engineering Limited

IPO Details

Subscription

Lot Distribution

Reservation

Company Fin.

₹60(80.00%)

Premium (ELP)

₹60
(80.00%)