Konstelec Engineers IPO description – Konstelec Engineers operates as an Engineering, Procurement, and Construction/Commissioning (EPC) contractor, providing a comprehensive range of EPC services both in India and globally. These services cater to diverse processing and manufacturing industries, including but not limited to oil & gas, refinery, steel, cement, pharmaceuticals, textile, hospital, healthcare, and commercial complexes, spanning across domestic and international markets.
The company holds an electrical contractor license and has accomplished over 200 projects, varying in size and complexity. Among them, 45 were major projects valued at more than INR 400 crores, executed both in India and abroad. As of 31 August 2023, Konstelec Engineers boasts an order book comprising more than 50 major projects, valued at approximately INR 565 crores.
The company is honored to serve a distinguished clientele, including esteemed names such as 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, among others. Konstelec Engineers offers its services across more than 15 states in India and in Nigeria.
Promoters of Konstelec Engineers – Mr. Biharilal Ravilal Shah, and Mr. Amish Biharilal Shah
Table of Contents
Konstelec Engineers IPO Details
| Konstelec Engineers IPO Dates | 19 – 24 January 2024 |
| Konstelec Engineers Issue Price | INR 66 – 70 per share |
| Fresh issue | 4,100,000 shares (INR 27.06 – 28.7 crore) |
| Offer For Sale | NIL |
| Total IPO size | 4,100,000 shares (INR 27.06 – 28.7 crore) |
| Minimum bid (lot size) | 2,000 shares (INR 1,40,000) |
| Face Value | INR 10 per share |
| Retail Allocation | 35% |
| Listing On | NSE SME |
Konstelec Engineers Financial Performance
| Â | FY 2021 | FY 2022 | FY 2023 | H1 FY 2024 |
| Revenue | 104.89 | 107.05 | 153.41 | 93.05 |
| Expenses | 103.38 | 104.21 | 143.86 | 88.94 |
| Net income | 1.90 | 3.52 | 7.78 | 4.56 |
Konstelec Engineers Offer News
- Konstelec Engineers RHP
- Konstelec Engineers Draft Prospectus
- ASBA IPO Forms
- Live IPO Subscription Status
- IPO Allotment Status
Konstelec Engineers Valuations & Margins
| FY 2021 | FY 2022 | FY 2023 | |
| EPS | 1.73 | 3.20 | 7.07 |
| PE ratio | – | – | 9.34 – 9.90 |
| RONW (%) | 3.75 | 6.49 | 12.56 |
| NAV | 46.10 | 49.31 | 56.29 |
| ROCE (%) | 7.26 | 9.00 | 16.81 |
| EBITDA (%) | 4.58 | 5.46 | 9.22 |
| Debt/Equity | 0.50 | 0.49 | 0.57 |
Konstelec Engineers IPO GMP Today
| Date | Consolidated IPO GMP | Kostak | Subject to Sauda |
| 29 January 2024 | 90 | – | 132,500 |
| 27 January 2024 | 90 | – | 132,500 |
| 26 January 2024 | 85 | – | 125,000 |
| 25 January 2024 | 85 | – | 120,000 |
| 24 January 2024 | 60 | – | 81,000 |
| 23 January 2024 | 70 | – | 87,000 |
| 22 January 2024 | 70 | – | 83,000 |
| 20 January 2024 | 58 | – | 62,500 |
| 19 January 2024 | 36 | – | 46,500 |
| 18 January 2024 | 17 | – | 21,500 |
| 17 January 2024 | 10 | – | 10,500 |
| 16 January 2024 | 10 | – | 10,800 |
| 15 January 2024 | 15 | – | 12,000 |
Konstelec Engineers IPO Subscription – Live Updates
| Category | QIB | NII | Retail | Total |
|---|---|---|---|---|
| Shares Offered | 778,000 | 586,000 | 1,364,000 | 2,728,000 |
| 24 Jan 2024 | 113.80 | 421.70 | 437.62 | 341.85 |
| 23 Jan 2024 | 12.80 | 116.66 | 231.09 | 144.26 |
| 19 Jan 2024 | 7.09 | 19.67 | 39.20 | 25.85 |
The market maker reservation portion of 206,000 shares is not included in the above calculations.
Konstelec Engineers IPO Allotment Status
Konstelec Engineers IPO allotment status is now available on Skyline Financial Services’ website. Click on this link to get allotment status.
Konstelec Engineers IPO Dates & Listing Performance
| IPO Opening Date | 19 January 2024 |
| IPO Closing Date | 24 January 2024 |
| Finalization of Basis of Allotment | 25 January 2024 |
| Initiation of refunds | 29 January 2024 |
| Transfer of shares to demat accounts | 29 January 2024 |
| IPO Listing Date | 30 January 2024 |
| Opening Price on NSE SME | INR 210 per share (up 200%) |
| Closing Price on NSE SME | INR 220.50 per share (up 215%) |
Konstelec Engineers Offer Lead Manager
BEELINE CAPITAL ADVISORS PRIVATE LIMITED
Shilp Corporate Park, B Block, 13th Floor,
B-1311-1314, Near Rajpath Club, RajpathRangoli Road,
S.G. Highway, Ahmedabad, Gujarat- 380054
Phone: 079 4918 5784
Email:Â [email protected]
Website:Â www.beelinemb.com
Konstelec Engineers Offer Registrar
SKYLINE FINANCIAL SERVICES PRIVATE LIMITED
D-153A, 1st Floor, Okhla Industrial Area,
Phase-I, New Delhi – 110020, India
Phone:Â 011-40450193-197
Email:Â [email protected]
Website:Â www.skylinerta.com
Konstelec Engineers Offer Contact Details
KONSTELEC ENGINEERS LIMITED
308, Creative Industrial Estate,
Sundar Nagar Lane No. 2, Kalina,
Santacruz (East), Mumbai- 400098, Maharashtra
Phone: +91 2243421551
E-mail: [email protected]
Website: www.konstelec.com
IPO FAQs
What is the Konstelec Engineers offer size?
Konstelec Engineers offer size is INR 27.06 – 28.7 crores.
What is the Konstelec Engineers offer price band?
Konstelec Engineers public offer price is INR 66 – 70 per share.
What is the lot size of the Konstelec Engineers IPO?
Konstelec Engineers offer lot size is 2,000 shares.
What is Konstelec Engineers IPO GMP today?
Konstelec Engineers IPO GMP today is INR 90 per share.
What is the Konstelec Engineers kostak rate today?
Konstelec Engineers kostak rate today is NA per application.
What is Konstelec Engineers Subject to Sauda rate today?
Konstelec Engineers are Subject to the Sauda rate today is INR 132,500 per application.
