Konstelec Engineers Ltd IPO
IPO Timeline
Category-wise Subscription
| Category | Sub (x) | Offered | Bid For | Amt (Cr)* |
|---|---|---|---|---|
| QIB | — | 1,944,000 (47%) | — | ₹1,361 Cr |
| NII (HNI) | — | 586,000 (14%) | — | ₹410 Cr |
| Retail | — | 1,364,000 (33%) | — | ₹955 Cr |
| Market Maker | — | 206,000 (5%) | — | ₹14 Cr |
| Σ Total | — | 4,100,000 (100%) | — | ₹28,700 Cr |
Only available investor categories are shown. Amount is auto-calculated when shares offered and issue price are available.
Issue Details
Minimum Investment (Lot-wise)
| Category | Lots | Shares | Amount (₹) |
|---|---|---|---|
| Retail (Min) | 1 | 2,000 | ₹140,000 |
| Retail (Max) | 13 | 26,000 | ₹1,820,000 |
| S-HNI (Min) | 14 | 28,000 | ₹1,960,000 |
| B-HNI (Min) | 67 | 134,000 | ₹9,380,000 |
Financial Statements Amount in ₹ Lakhs
| Metric | 30 Sep 2023 | 31 Mar 2023 | 31 Mar 2022 |
|---|---|---|---|
| Revenue | 9,434 | 15,500 | 10,902 |
| Profit After Tax | 456 | 778 | 352 |
| Net Worth | 6,648 | 6,192 | 5,424 |
| Total Assets | 16,223 | 14,613 | 11,884 |
| Reserves & Surplus | 5,548 | 6,092 | 5,324 |
| Total Borrowing | 4,109 | 3,507 | 2,651 |
Valuation & Key Ratios
Grey Market Premium (GMP)
GMP is an unofficial grey market indicator and does not guarantee actual listing price. Invest at your own risk.
Objects of the Issue
- To Meet Working Capital Requirements –
- General corporate purposes –
- To meet Public Issue Expenses. –
Company Overview
Founded in December 1995, Konstelec Engineers Limited is active in the fields of engineering, procurement and construction/commissioning (EPC).
The company offers a wide range of services including engineering and drawings, procurement, operations and maintenance, project management and construction and commissioning. The company's areas of expertise include electrical installation, solar power plant installation, instrumentation and automation. The company has completed more than 200 projects of varying size and complexity, including 45 major projects worth over 400 crores.
The company's clients 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 company provides services in more than 15 states in India and Nigeria.
As on November 30, 2023, Konstelec Engineers Limited has an order book of more than 57 major projects worth around 573 crore in various stages of implementation.
The company employs over 800 people in India and Africa, including more than 120 engineers, 250 technicians and various other locally employed staff.