Konstelec Engineers IPO Details

Subscription StatusAllotment StatusListing Date

Konstelec Engineers IPO subscription is to open on Jan 19, 2024 and will close on Jan 23, 2024, the price band of the Konstelec Engineers IPO is fixed at ₹ 66 – ₹ 70.

Konstelec Engineers is engaged 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.

Konstelec logo

About Konstelec Engineers

Konstelec Engineers is engaged 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. The 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.

Konstelec Engineers have designed, developed, and executed several complex and integrated projects requiring cutting-edge electrical, instrumentation and automation systems. The key offerings include engineering design and drawings, procurement, operations and maintenance, project management and construction and commissioning. Konstelec Engineers provide one-stop solution to the clients for various kinds of engineering projects. The expertise includes Electrical Installation, Solar Power Plant Setup, Instrumentation & Automation.

Objects of the Issue

  • To Meet Working Capital Requirements
  • General corporate purposes
  • To meet Public Issue Expenses

Konstelec Engineers Limited Financials:

Summary of financial Information (Restated Consolidated Statement)

ParticularsFor the year ended (₹ in lakh)
31-Mar-2331-Mar-2231-Mar-21
Total Assets14,612.9911,884.4410,364.02
Total income15,500.0510,902.3110,617.16
Total Expenses14,386.2610,421.2110,337.74
Profit After Tax777.77352.25190.34

Konstelec Engineers IPO Price – Details

DescriptionIPO Details
Public IssueInitial Public Issue of upto 41,00,000 Equity Shares of ₹ 10 (aggregating up to ₹ [.] Cr)
Issue Open Date19-Jan-24
Issue Close Date23-Jan-24
Issue TypeBook Building
IPO Price Band₹ 66 – ₹ 70
Face Value₹ 10
Market Lot2000 Equity Shares and in multiples thereof
Minimum Order Quantity2000 Equity Shares
Maximum Subscription Amount for Retail InvestorRs. 2,00,000
ListingNSE SME
NSE SymbolKONSTELEC
IPO Market Timings10.00 a.m. to 5.00 p.m.

Konstelec Engineers IPO DRHP & RHP

Konstelec Engineers IPO Lot Size

ApplicationLotsNo of SharesAmount (Rs)
Minimum12000140,000
Maximum12000140,000

Konstelec Engineers IPO Lead Managers

  • Beeline Capital Advisors Private Limited

Konstelec Engineers IPO Registrar

  • Skyline Financial Services Private Limited

Konstelec Engineers IPO Allotment Date, Listing Date and other Important Dates

DetailsDate
Bid / Offer Opens on19-Jan-24
Bid / Offer Closes on23-Jan-24
Finalisation of Basis of Allotment24-Jan-24
Initiation of refunds25-Jan-24
Credit of the Equity Shares25-Jan-24
Listing Date29-Jan-24

Company Registered Office

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

Company Promoters

  • Mr. Biharilal Ravilal Shah
  • Mr. Amish Biharilal Shah

Konstelec Engineers IPO – FAQS

What is the Konstelec Engineers IPO Price?

The Konstelec Engineers IPO price band is ₹ 66 – ₹ 70 per share

When Konstelec Engineers IPO will open?

The Konstelec Engineers IPO opens on Jan 19, 2024 and closes on Jan 23, 2024

What is the lot size of Konstelec Engineers IPO?

The Konstelec Engineers IPO lot size is 2000 Equity Shares and the minimum order quantity is 2000 Equity Shares

Who is the Registrar for Konstelec Engineers IPO?

The Registrar for Konstelec Engineers IPO is Skyline Financial Services Private Limited

How to apply in Konstelec Engineers IPO through UPI?

Check the step by step process here – Click here

How to apply in Konstelec Engineers IPO through Zerodha?

Check the step by step process here – Click here

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