IPO

Bondada Engineering Limited IPO

BSE SME

Listed On: Aug 30, 2023 at ₹ 142.5

₹ 240000 /3200 Shares
*Min Investment

Check Allotment

18 Aug, 2023

Open Date

22 Aug, 2023

Close Date

25 Aug, 2023

Allotment Date

30 Aug, 2023

Listing Date
Bondada Engineering Limited IPO Issue Details
  • Issue Price ₹75 per equity share
  • Face Value ₹10 Per Equity Share
  • Issue Price 5,696,000 shares(aggregating up to ₹42.72 Cr)
  • Listing at BSE SME
  • List Price 142.5
  • Listing Date 2023-08-30
  • Lead Manager Vivro Financial Services Private Limited
  • Registrar Kfin Technologies Limited
Bondada Engineering Limited IPO Details
  • Retail Portion 50%
Bondada Engineering Limited IPO Documents
DRHP
Bondada Engineering Limited IPO Details


Bondada Engineering Limited IPO is an SME IPO, priced at ₹75 per equity share. The equity shares have a face value of ₹10 Per Equity Share each and will be listed on the BSE SME platform.

The IPO bidding window is open from Aug 18, 2023 to Aug 22, 2023. The allotment is expected to be finalized on Aug 25, 2023, and the tentative listing date is Aug 30, 2023.


The registrar of the IPO is Kfin Technologies Limited, and

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Bondada Engineering Limited IPO Subscription Analysis And Details
Retail
100.05x
Total
112.33x
As onQIB / NIIRetailTotal
Shares Offered / Reserved2,704,0002,704,0005,408,000
Day 1 18-08-23 06:00 PM
0.04 x1.35 x0.70 x
Day 2 21-08-23 06:00 PM
10.65 x24.54 x17.60 x
Day 3 22-08-23 06:00 PM
124.61 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
In Lakhs
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 Bondada Engineering Limited 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)

Raghavendra Rao Bondada

Neelima Bondada

Satyanarayana Baratam

Pre Issue Share Holding : %

Post Issue Share Holding : %

Bondada Engineering Limited IPO - Issue Objectives
1

To meet long-term working capital requirements

2

General Corporate Purposes.