Konstelec Engineers Limited IPO
Konstelec Engineers Limited is an NSE SME IPO listed on the NSE SME platform, priced at ₹66–₹70 per share. The stock debuted at ₹210, delivering a listing gain of 200.0%. The IPO had a lot size of ₹2000 shares and a minimum investment of ₹1,40,000.
Konstelec Engineers Limited IPO
- IPO Dates
- Jan 19, 2024 – Jan 24, 2024
- Price band
- ₹66-70 per equity share
- Minimum Investment
- ₹1,40,000
- Issue size
- ₹28.7 Cr
- Lot size
- 2000
- Allotment Date
- Jan 25, 2024
- Listing
- Jan 30, 2024
- Listing At
- NSE SME
IPO timeline
-
Jan 19, 2024
Open Date
Completed
-
Jan 24, 2024
Close Date
Completed
-
Jan 25, 2024
Allotment Date
Completed
-
Jan 30, 2024
Listing Date
Completed
Konstelec Engineers Limited IPO Essentials
Konstelec Engineers Limited IPO Details
Konstelec Engineers Limited IPO is priced at ₹66-70 per share with a total issue size of 28.7 crore. The IPO has a lot size of 2000 shares and is listed on NSE SME.
- Issue price
- ₹66-70 per equity share
- Lot size
- 2000 shares
- Face value
- ₹10 Per Equity Share
- Issue size
- 4,100,000 shares(aggregating up to ₹28.70 Cr)
- Total issue size
- 41,00,000 shares
(aggregating up to ₹28.7 crore) - Fresh issue
- 41,00,000 shares
(aggregating up to ₹28.7 crore) - Listing at
- NSE SME
- List price
- 210.0
- Listing date
- Registrar
- Skyline Financial Services Private Ltd
- Lead manager
-
Beeline Capital Advisors Pvt Ltd
Market Lot Size
Investors can bid for a minimum of 2000 shares and in multiples thereof. The following table depicts the minimum and maximum investment by Retail Investors and HNI in terms of shares and amount.
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (min) | 1 | 2000 | ₹1,40,000 |
| Retail(max) | 1 | 2000 | ₹1,40,000 |
| NII (min) | 2 | 4,000 | ₹2,80,000 |
Konstelec Engineers Limited IPO Reservation
Konstelec Engineers Limited IPO reservation details show category-wise allocation of shares. Out of the total 4,100,000 shares, approximately 18.98% are reserved for QIB, 14.29% for NII, 33.27% for retail investors, 5.02% for market maker, and 28.44% for anchor investors.
| Investor Category | Shares Offered | Maximum Allottees |
|---|---|---|
| Anchor Investor Shares Offered | 1,166,000 (28.44%) | |
| Market Maker Shares Offered | 206,000 (5.02%) | |
| QIB Shares Offered | 778,000 (18.98%) | |
| NII (HNI) Shares Offered | 586,000 (14.29%) | |
| Retail Shares Offered | 1,364,000 (33.27%) | |
| Total Shares Offered | 4,100,000 (100%) |
Konstelec Engineers Limited IPO Analytics
Konstelec Engineers Limited IPO category-wise subscription trends show day-wise participation across QIB, NII, and retail investors.
Konstelec Engineers Limited IPO Subscription Status
Konstelec Engineers Limited IPO subscription status shows demand across retail, NII, and QIB categories, helping investors understand overall participation trends.
The IPO subscription status indicates investor demand across categories.
| As on | QIB / NII | Retail | Total |
|---|---|---|---|
| Shares Offered / Reserved | 778,000 / 586,000 | 1,364,000 | 2,728,000 |
|
Day 1
19-01-24 06:00 PM
|
(7.09 / 19.77) x | 40.02 x | 26.28 x |
|
Day 2
23-01-24 06:00 PM
|
(12.80 / 116.81) x | 234.58 x | 146.02 x |
|
Day 3
24-01-24 06:00 PM
|
(113.80 / 421.70) x | 437.62 x | 341.85 x |
Konstelec Engineers Limited Valuations
Earnings
- EPS Pre IPO
- ₹7.07/-
- EPS Post IPO
- ₹6.04/-
- P/E Pre IPO
- 9.9
- P/E Post IPO
- 11.59
Returns
- ROE
- 13.39%
- ROCE
- 16.81%
- RoNW
- 12.56%
Fundamentals
- Debt / Equity
- 0.57
- Price / Book
- 1.24
Konstelec Engineers Limited Financials( In Lakhs)
| 31-Mar-23 | 31-Mar-22 | 31-Mar-21 | |
|---|---|---|---|
| Assets | 14,612.99 | 11,884.44 | 10,364.02 |
| Revenue | 15,500.05 | 10,902.31 | 10,617.16 |
| Profit After Tax | 777.77 | 352.25 | 190.34 |
| Net Worth | 6,191.50 | 5,423.73 | 5,071.48 |
| Reserves & Surplus | 6,091.50 | 5,323.73 | 4,971.48 |
| Total Borrowing | 3,507.15 | 2,650.59 | 2,548.12 |
Konstelec Engineers Limited Company & Offer Insights
About Konstelec Engineers Limited
Konstelec Engineers Limited was found in December 1995 and is operating in the areas of engineering, procurement and construction/commissioning (EPC).
Its various services comprise of engineering and drawing, procurement operations and maintenance project management construction as well as commissioning. These are its services in areas: electrical installation installation of a solar power plant instrumentation, and automation. The company completed more than 200 projects of various scales and complexity: 45 main projects amounting to more than 400 crores.
The company's clients are of a different nature. They 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 services provided by the company to its customers span more than 15 states in India and Nigeria.
As on November 30, 2023, the order book of Konstelec Engineers Limited exceeds more than 57 major projects to the order book value of about 573 crores. They employ over 800 people, mainly in India and Africa: above 120 engineers and above 250 technicians, amongst various locally employed staff.
Konstelec Engineers Limited Promoter(s)
Mr. Biharilal Ravilal Shah, Mr. Amish Biharilal Shah are the company's promoters of Konstelec Engineers Limited.
Konstelec Engineers Limited IPO Issue Objectives
- •
- To Meet Working Capital Requirements
- •
- General corporate purposes
- •
- To meet Public Issue Expenses.
Konstelec Engineers Limited IPO - Peers Comparison
| Company Name | EPS (Basic) | EPS (Diluted) | NAV (per share) (Rs) | P/E (x) | RoNW (%) | P/BV Ratio | Financial statements |
|---|---|---|---|---|---|---|---|
| Konstelec Engineers Limited | 7.07 | 7.07 | 56.29 | 9.9 | 12.56 | 1.24 | Consolidated |
| Skipper Limited | 3.46 | 3.46 | 74.75 | 27.77 | 4.63 | 1.29 | Consolidated |
Notes:
- RoNW is computed as Consolidated Net Profit after Tax divided by the Consolidated closing net worth.
- Net worth has been computed as the sum of share capital and reserves and surplus reduced by preliminary expenses, if any.
- NAV is computed as the Consolidated closing net worth divided by the closing outstanding number of equity shares.
- Current Market Price (CMP) is taken as the closing price of respective scripts as of March 31, 2023, at NSE, as applicable.
- For the Company, the Current Market Price is the same as the issue price of equity shares.
Contact Information
Contact Details
Konstelec Engineers Limited
+91 2243 421551
308, Creative Industrial Estate, Sundar Nagar Lane No. 2, Kalina, Santacruz (East), Mumbai- 400098
Registrar Contact Details
Skyline Financial Services Private Ltd
02228511022
Frequently Asked Questions
Click any question to reveal the answer
Konstelec Engineers Limited IPO is a book-built IPO worth ₹28.7 crore. The price band is ₹66–₹70 per share. The IPO opens on Jan 19, 2024 and closes on Jan 24, 2024. It will be listed on NSE SME Platform. Skyline Financial Services Private Ltd is the registrar.
The price band of Konstelec Engineers Limited IPO is ₹66 to ₹70 per share.
The lot size of Konstelec Engineers Limited IPO is 2000 shares.
The minimum investment for Konstelec Engineers Limited IPO is approximately ₹1,40,000 based on the upper price band .
Konstelec Engineers Limited IPO opens on Jan 19, 2024 and closes on Jan 24, 2024.
The allotment date of Konstelec Engineers Limited IPO is Jan 25, 2024.
Konstelec Engineers Limited IPO is expected to be listed on Jan 30, 2024, on NSE SME Platform.
Konstelec Engineers Limited IPO valuation snapshot: P/E 11.59, EPS ₹6.04/-, P/B 1.24, RoNW 12.56%, and market cap N/A.
To apply for Konstelec Engineers Limited IPO, open the IPO Ji app or website, select the IPO, choose your demat account, enter the quantity, and submit the application.
You can check the live subscription status of Konstelec Engineers Limited IPO on IPO Ji or stock exchange websites. It shows real-time demand across retail, NII, and QIB categories.
Pre-apply allows investors to submit their IPO application before the bidding period starts. The order is placed automatically when the IPO opens.
If you pre-apply for Konstelec Engineers Limited IPO, your order will be placed when the IPO bidding starts, and a UPI mandate request will be generated.
You can check Konstelec Engineers Limited IPO allotment status on the registrar or stock exchange websites using your PAN or application number after allotment. You can also check the Konstelec Engineers Limited IPO allotment status on IPO Ji for quick and easy access.