Konstelec Engineers Limited

Offer PeriodJan 19, 2024 – Jan 24, 2024

NSE - SMEListed

Listed Price

₹210.00

+200.00%

Price Band₹66 - ₹70

Lot Size2,000 Shares

Allotment DateJan 25, 2024

Listing DateJan 30, 2024

Subscription341.85 Times

Issue Size₹28.70 Cr

Check Allotment

Share IPO Trend

IPO Details

Subscription

Lot Distribution

Reservation

Company Fin.

₹105
(150.00%)

Premium (ELP)

The Initial Public Offering of Konstelec Engineers Limited's culminated in its successful listing on Jan 30, 2024 at the NSE trading platform. The company secured 41,00,000 Shares through this capital market exercise, with 41,00,000 Shares allocated to new capital formation.

Investors participated within the price parameters of ₹66 to ₹70, with minimum investment requirements of 2000 shares. The subscription period from Jan 19, 2024 to Jan 24, 2024 witnessed active investor engagement across categories.

Following the subscription closure, share allotment was processed on Jan 25, 2024. The subsequent listing established a public market for the company's shares, enabling price discovery and secondary market trading for investors.

Konstelec Engineers IPO Details

IPO Date

Jan 19, 2024 to Jan 24, 2024

Allotment Date

Jan 25, 2024

List Date

Jan 30, 2024

Lot Size

2,000 share

Issue Price

₹66 - ₹70

Issue Size

41,00,000 (aggregating up to 28.70 Cr)

Fresh Issue

41,00,000 (aggregating up to 28.70 Cr)

Offer For Sale

Listing At

NSE

Share Holding Pre-Issue

1,10,00,000

Share Holding Post-Issue

1,51,00,000

Market Marker Portion

2,06,000

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	2000	1,40,000
HNI	2	4000	2,80,000

IPO Reservation

Shares29,34,000

Retail

46.49%(13,64,000)

NII(HNI)

19.97%(5,86,000)

QIB

26.52%(7,78,000)

Market Maker

7.02%(2,06,000)

Total

100.00%(29,34,000)

Konstelec Engineers IPO Key Performance Indicators

KPI	Values

KPI	Values
EPS	0
ROE	13.39
ROCE	16.81
RONW	12.56
PRE IPO(PE)	0
POST IPO(PE)	0

Company Financials (in ₹ Lakhs)

Period Ended	Sep-23	Mar-23	Mar-22	Mar-21

Period Ended	Sep-23	Mar-23	Mar-22	Mar-21
Assets	16,223.23	14,612.99	11,884.44	10,364.02
Revenue	9,434.05	15,500.05	10,902.31	10,617.16
Net Worth	6,647.68	6,191.50	5,423.73	5,071.48
profit After Tax	456.16	777.77	352.25	190.34
Reserves And Surpluse	5,547.68	6,091.50	5,323.73	4,971.48
Total Borrowing	4,109.45	3,507.15	2,650.59	2,548.12

Konstelec Engineers IPO About Company

Founded in December 1995, Konstelec Engineers Limited specializes in engineering, procurement, and construction/commissioning (EPC) services, offering expertise in electrical installation, solar power plants, instrumentation, and automation. The company provides engineering, procurement, operations, maintenance, project management, and construction services, having completed over 200 projects, including 45 major ones worth over ₹400 crores. Serving clients like Reliance Industries, ISRO, Adani, NTPC, and Tata Steel, it operates across 15+ states in India and Nigeria. As of November 30, 2023, its order book includes 57 major projects worth approximately ₹573 crores. The company employs over 800 personnel, including 120+ engineers and 250 technicians.

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

✅Konstelec Engineers IPO Strength Factors

⚠️Konstelec Engineers IPO Risk Factors

🏦Konstelec Engineers IPO Lead Manager(s)

Beeline Capital Advisors Private Limited

👤Konstelec Engineers IPO Promoter(s)

Mr. Biharilal Ravilal Shah
Mr. Amish Biharilal Shah

🏢Konstelec Engineers IPO Company Details

Konstelec Engineers Limited

Email:compliance@konstelec.com

Phone:+91 2243 421551

Website:https://www.konstelec.com/

address:308, Creative Industrial Estate Sundar Nagar Lane No. 2, Kalina, Santacruz (East), Mumbai- 400098

📋Konstelec Engineers IPO Registrar

Skyline Financial Services Private Limited

Name:Skyline Financial Services Private Limited

Phone:02228511022

Email:ipo@skylinerta.com

Website:https://www.skylinerta.com/ipo.php

❓Konstelec Engineers IPO FAQs

Konstelec Engineers IPO is a main-board IPO of 41,00,000 equity shares of the face value of ₹10 Per Equity Share aggregating up to ₹0.00 crore shares. The issue is priced at ₹66 - ₹70 per share. The minimum order quantity is .The IPO opens on Jan 19, 2024, and closes on Jan 24, 2024. Link Intime India Private Ltd is the registrar for the IPO. The shares are proposed to be listed on NSE.

Zerodha customers can apply online in Konstelec Engineers IPO using UPI as a payment gateway. Zerodha customers can apply in Konstelec Engineers IPO by login into Zerodha Console (back office) and submitting an IPO application form. Steps to apply in Konstelec Engineers 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 'Konstelec Engineers 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 Konstelec Engineers IPO opens on Jan 19, 2024 and closes on Jan 24, 2024.

You can apply in Konstelec Engineers 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 Konstelec Engineers IPO will be done on Jan 25, 2024, and the allotted shares will be credited to your demat account by Jan 25, 2024

Konstelec Engineers IPO's listing date is Jan 30, 2024.

Konstelec Engineers Limited

IPO Details

Subscription

Lot Distribution

Reservation

Company Fin.

₹105(150.00%)

Premium (ELP)

₹105
(150.00%)