Hello my fellow finance enthusiasts, there is a huge investment opportunity opening up in the near future. Yes, you heard absolutely right. The Konstelec Engineers IPO is going to open soon. So I will give you complete information about Konstelec Engineers IPO here on IPO India.
On this article I will inform you about Konstelec Engineers IPO Date, Price, GMP, Review and Best 3 IPOs to Invest. So without wasting any more time let’s start.
About Konstelec Engineers Limited
Established in December 1995, Constelac Engineers Limited is a dynamic player in the fields of Engineering, Procurement and Construction/Commissioning (EPC). The company offers a comprehensive range of services including engineering and drawing, procurement, operation and maintenance, project management and construction and commissioning. Renowned for its expertise in electrical installation, solar power plant installation, instrumentation and automation, Constelac Engineers Ltd has successfully delivered over 200 projects of varying sizes and complexities. Notably, this includes 45 major projects with a cumulative value of over 400 crores.
Reliance Industries Limited, Engineers India Limited, JSW Steel, Indian Oil, BPCL, HPCL, CPCL, MRPL, ISRO, ACC, BARC, Dangote Industries Limited, Adani, NTPC, Tata Steel Limited, Naveen Fluorine International Limited and IGPL are among the prestigious clients. The company extends its services to more than 15 states in India and Nigeria. As of November 30, 2023, Constelac Engineers Ltd has a robust order book comprising 57 major projects worth approximately Rs 573 crore in various stages of implementation. With a dedicated workforce of over 800 individuals in India and Africa, including 120 engineers, 250 technicians and various locally employed personnel, the company stands as a leading force in the EPC domain.
Konstelec Engineers IPO GMP
| Exp. Premium (GMP) | ₹[_] per Share |
About Konstelec Engineers IPO
Here is some information about Konstelec Engineers IPO which will help you in making a decision to invest in Konstelec Engineers IPO. It appears to be a book-built offer with a total value of Rs 28.70 crore, including entirely a fresh issue of 41 lakh shares.
Summary of the key details
- Issue Size: Rs 28.70 crores
- Offer for Sale: 41 Lakhs shares
- Subscription Period: January 19, 2024 to January 23, 2024
- Allotment Date: January 24, 2024
- Listing Date: January 29, 2024
Price Range of Konstelec Engineers IPO
- ₹66 to ₹77 per share
Lot Size of Konstelec Engineers IPO
- Minimum Lot: 2000 Shares.
- Minimum Investment for Retail Investors: ₹140,000
Minimum Lot Size Investments for Konstelec Engineers IPO
- HNI: 2 lots (4000 shares), amounting to ₹280,000
This information provides potential investors with the details they need to participate in the Konstelec Engineers IPO. It is important to note that investing in IPOs carries risks, and individuals should do their own research or consult financial professionals before making investment decisions.
To Open a trading and demat account in Zerodha
Konstelec Engineers IPO
| Open Date | January 19, 2024 |
| Close Date | January 23, 2024 |
| Allotment Date | January 24, 2024 |
| Listing Date | January 29, 2024 |
| Face Value | ₹10 Per Equity Share |
| Issue Price | ₹66-70 Per Equity Share |
| Issue Size | 4,100,000 shares (Aggregating up to ₹28.70 Cr) |
| Market Lot (Min. Amount) | Retail: 2000 Shares (₹140,000/-) |
| Listing at Group(s) | NSE SME |
| Lead Manager | Beeline Capital Advisor Pvt Ltd |
| Register | Skyline Financial Services Private Ltd |
| Retail Portion | 35% |
To know more about IPOs.
Valuations of Konstelec Engineers IPO
| Earnings Per Share (EPS) | ₹5.15/- |
| P/E Ratio | N/A |
| RoNW | 12.56% |
| Net Asset Value (NAV) -as on 31.03.23 | ₹N/A |
Konstelec Engineers Financial Information
| Period Ended | Assets | Revenue | Profit After Tax | Net Worth | Reserves & Surplus | Total Borrowing |
|---|---|---|---|---|---|---|
| 30 Sep 2023 | 16,223.23 | 9,434.05 | 456.16 | 6,647.68 | 5,547.68 | 4,109.45 |
| 31 Mar 2023 | 14,612.99 | 15,500.05 | 777.77 | 6,191.50 | 6,091.50 | 3,507.15 |
| 31 Mar 2022 | 11,884.44 | 10,902.31 | 352.25 | 5,423.73 | 5,323.73 | 2,650.59 |
| 31 Mar 2021 | 10,364.02 | 10,617.16 | 190.37 | 5,071.48 | 4,971.48 | 2,548.12 |
Promoter(s)
| Pre Issue Share Holding | 91.65% |
| Post Issue Share Holding | -% |
Company Promotor(s):-
- Mr. Biharilal Ravilal Shah
- Mr. Amish Biharilal Shah
If you are new to the investment section and want to know how to invest in IPOs, you can read our article “How to Invest in IPOs?“.
Key Performance Indicator
| KPI | Values |
|---|---|
| ROE | 13.39% |
| ROCE | 16.81% |
| Debt/ Equity | 0.57 |
| RoNW | 12.56 |
| P/BV | 1.24 |
Issue Objective(s)
- To meet Working Capital Requirements
- General corporate purposes
- To meet Public Issue Expenses
Konstelec Engineers IPO Registrar
| Name | Skyline Financial Services Private Ltd |
| Phone | 02228511022 |
| ipo@skylinerta.com | |
| Website | https://www.skylinerta.com/ipo.php |
Konstelec Engineers IPO Review
Update Soon
Conclusion
Hello, fellow finance enthusiasts! Brace yourself for an exciting investment opportunity on the horizon – the IPO of Constelac Engineers is about to open soon, and I’m here to arm you with all the necessary information on IPO India.
Established in December 1995, Constelac Engineers Limited has made a name for itself in the fields of Engineering, Procurement and Construction/Commissioning (EPC). Renowned for its diverse services including engineering and drawings, procurement, operation and maintenance, project management and construction and commissioning, the company specializes in electrical installation, solar power plant installation, instrumentation and automation. With an impressive track record of over 200 projects, including 45 major projects valued at over 400 crores, Constelac Engineers has established itself as a major player in the industry.
Counting prestigious clients like Reliance Industries Limited, Engineers India Limited, JSW Steel, Indian Oil and many more, the company operates in 15 states of India and Nigeria. As of November 30, 2023, Konstelec Engineers has an order book of 57 major projects worth around Rs 573 crore. With over 800 dedicated individuals including 120 engineers and 250 technicians in India and Africa, the company is a force to be reckoned with in the EPC domain.
Constelac Engineers IPO, Rs. The offer is expected to be book-built with a total value of Rs 28.70 crore, which presents an attractive opportunity for investors. This issue consists of a whole new offer of 41 lakh shares. The subscription period is from January 19, 2024 to January 23, 2024, with the allotment date scheduled for January 24, 2024 and the listing date for January 29, 2024. The IPO is priced in the range of ₹66 to ₹77 per share, with a lot size of 2000 shares. This information is crucial for potential investors, but it is important to remember that investing in IPOs involves risks and thorough research or consultation with financial professionals is advised before making any decisions.
For those who are eager to participate, the Constelac Engineers IPO start date is January 19, 2024 and the closing date is January 23, 2024. Stay tuned for more updates as we approach this exciting investment opportunity!
Konstelec Engineers IPO FAQs
When Konstelec Engineers IPO is coming?
The Konstelec Engineers IPO opens on January 19, 2024 and closes on January 23, 2024.
What is the lot size of Konstelec Engineers IPO?
Konstelec Engineers IPO lot size is 2000 Shares, and the minimum amount required is ₹140,000.
When Konstelec Engineers IPO Allotment?
The finalization of Basis of Allotment for Konstelec Engineers IPO will be done on Wednesday, January 24, 2024, and the allotted shares will be credited to your demat account by Thursday, January 25, 2024.