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.
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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)
| Particulars | For the year ended (₹ in lakh) | ||
| 31-Mar-23 | 31-Mar-22 | 31-Mar-21 | |
| Total Assets | 14,612.99 | 11,884.44 | 10,364.02 |
| Total income | 15,500.05 | 10,902.31 | 10,617.16 |
| Total Expenses | 14,386.26 | 10,421.21 | 10,337.74 |
| Profit After Tax | 777.77 | 352.25 | 190.34 |
Konstelec Engineers IPO Price – Details
| Description | IPO Details |
|---|---|
| Public Issue | Initial Public Issue of upto 41,00,000 Equity Shares of ₹ 10 (aggregating up to ₹ [.] Cr) |
| Issue Open Date | 19-Jan-24 |
| Issue Close Date | 23-Jan-24 |
| Issue Type | Book Building |
| IPO Price Band | ₹ 66 – ₹ 70 |
| Face Value | ₹ 10 |
| Market Lot | 2000 Equity Shares and in multiples thereof |
| Minimum Order Quantity | 2000 Equity Shares |
| Maximum Subscription Amount for Retail Investor | Rs. 2,00,000 |
| Listing | NSE SME |
| NSE Symbol | KONSTELEC |
| IPO Market Timings | 10.00 a.m. to 5.00 p.m. |
Konstelec Engineers IPO DRHP & RHP
Konstelec Engineers IPO Lot Size
| Application | Lots | No of Shares | Amount (Rs) |
| Minimum | 1 | 2000 | 140,000 |
| Maximum | 1 | 2000 | 140,000 |
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
| Details | Date |
|---|---|
| Bid / Offer Opens on | 19-Jan-24 |
| Bid / Offer Closes on | 23-Jan-24 |
| Finalisation of Basis of Allotment | 24-Jan-24 |
| Initiation of refunds | 25-Jan-24 |
| Credit of the Equity Shares | 25-Jan-24 |
| Listing Date | 29-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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