Konstelec Engineers

Konstelec Engineers Info

Details about the Konstelec Engineers IPO. Opening Date of Konstelec Engineers is 19 Jan 24 and Closing Date is 24 Jan 24 . Face Value of Each share of Konstelec Engineers is ₹10 per share. Price band of Konstelec Engineers is ₹66 to ₹70. The Lot size of Konstelec Engineers is 2,000 shares. Total issue size of Konstelec Engineers IPO is  ₹28.7 cr. Fresh Issue of Konstelec Engineers IPO is 28.7 cr. This is a Book Building IPO. Expected to list on NSE SME. Share Holding Pre Issue of Konstelec Engineers is 11,000,000. Share Holding Post Issue of Konstelec Engineers is 15,100,000.


Business Summary

Konstelec Engineers Limited was incorporated on December 05, 1995 as a private Limited Company and started business operations as Design Engineering Company

At present, They are in the business of Engineering, Procurement, and Construction/ Commissioning (EPC) contractors and are engaged in the business of offering full range of EPC services in India and abroad

Their services find applications across several processing and various kinds of manufacturing industries such as oil & gas, refinery, steel, cement, pharmaceuticals, textile, hospital, health care and commercial complexes, domestically and internationally

Company's key offerings include engineering design and drawings, procurement, operations and maintenance, project management and construction and commissioning. Company provide one-stop solution to the clients for various kinds of engineering projects. Expertise includes Electrical Installation, Solar Power Plant Setup, Instrumentation & Automation.

Company has successfully completed over more than 200 Project of various size and complexities of which there were 47 Major Projects worth more than ₹ 400 Crores in India and abroad. As on November 30, 2023, Konstelec Engineers have an order book of more than 57 Major Projects worth around ₹ 573 Crores from the major projects suggesting strong order book which are at different stages of implementation.

Konstelec Engineers IPO Details
Open Date19 Jan 24
Close Date24 Jan 24
Face Value₹10 per shares
Price Band₹66 - ₹70
Lot Size2,000 Shares
Total issue Size4,100,000 Shares ₹28.7 cr
Fresh Issue4,100,000 Shares ₹28.7 cr
Issue Type Book Building
Listing AtNSE SME
Share Holding Pre Issue11,000,000
Share Holding Post Issue15,100,000
Market MakerSpread X Securities Private Limited
Market Maker Portion206,000 Shares
RHP , DHRPView RHPView DRHP
Konstelec Engineers IPO Timeline

The Konstelec Engineers Initial Public Offering (IPO) is set to open on 19 Jan 24 and will end its subscription phase on 24 Jan 24. You can check your allotment status for Konstelec Engineers on 24 Jan 24. The refund process for your funds will start promptly on 25 Jan 24.  Konstelec Engineers IPO credit of shares will be on 25 Jan 24. The listing date for Konstelec Engineers is on 29 Jan 24.

  1. Open Date

  2. Close Date

  3. Basis Of Allotment

  4. Initialization of Refund

  5. Credit of Share

  6. Listing Date

Konstelec Engineers IPO Reservation

The Konstelec Engineers IPO reserves shares for different investor categories. Approximately 5% of the offer Size will be available for Market Maker, Not more than 50% of the Net Issue will be available for QIB, Not less than 15% of the Net Issue will be available for NII, Not less than 35% of the Net Issue will be available for Retail,
206,000 Shares will be reserved for subscription by Spread X Securities Private Limited

Investor CategoryShares Offered
Market Maker5% of the offer Size
QIBNot more than 50% of the Net Issue
NIINot less than 15% of the Net Issue
RetailNot less than 35% of the Net Issue
Konstelec Engineers IPO Lot Size

Bids can be made for minimum of 2000 shares and in multiple of 2000 equity shares thereafter

ApplicationLotSharesAmount
Retail (Min)12,000140,000
Retail (Max)12,000140,000
HNI (Min)24,000280,000
Konstelec Engineers IPO Promoters Holding

Promoters holding details for Konstelec Engineers in the current issue is as follows: The share holding of promoters before the issue stands at 91.65%, and after the issue, it has been adjusted to 66.77%.

Promoters of Konstelec Engineers are Mr. Biharilal Ravilal Shah , Mr. Amish Biharilal Shah,

Share Holding Pre Issue91.65%
Share Holding Post Issue66.77%
Konstelec Engineers Financial Information

Financial performance details for Konstelec Engineers over the years are as follows: The table below presents key financial indicators, including Assets, Revenue, and Profit After Tax (PAT).

Period30 Sept 2331 Mar 2331 Mar 2231 Mar 21
Assets16,223.2314,612.9911,884.4410,364.02
Revenue9,434.0515,500.0510,902.3110,617.16
Profit After Tax456.16777.77352.25190.34
₹ In Lakhs
Konstelec Engineers IPO Key Performance Indicator

Key Performance Indicators (KPIs) for Konstelec Engineers are outlined below. Monitoring these KPIs provides insights into the company's operational and strategic performance. The table presents various performance indicators along with their corresponding values.

KPIValue
P/E (x)9.9
ROCE16.81%
ROE13.39%
RoNW12.56%
EPS (Rs)7.07
Object of the Issue
  • • To Meet Working Capital Requirements
  • • General Corporate Expenses
  • • To meet Public Issue Expenses
Contact Details for Konstelec Engineers

Office

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

Registrar Details for Konstelec Engineers
Skyline Financial Services Private Ltd

Office

Skyline Financial Services Private Limited, D-153 A, 1st Floor, Okhla Industrial Area, New Delhi -110020, India

Lead Manager
  • • Beeline Capital Advisors Private Limited
Frequently Asked Questions