KONSTELEC ENGINEERS (NSE SME)
January 19, 2024 – January 24, 2024
| Price | ₹66 - ₹70 |
| Premium | ₹105 |
|---|---|
| Lot size | 2000 |
| Allotment | Jan 25, 2024 |
| Listing | Jan 30, 2024 |
Konstelec Engineers Limited
308, Creative Industrial Estate
Sundar Nagar Lane No. 2, Kalina,
Santacruz (East), Mumbai- 400098
Phone: +91 2243 421551
Email: compliance@konstelec.com
Website: https://www.konstelec.com/
Last updated on 24-Jan-2024 17:03:02
| Category | Offered | Applied | Times |
|---|---|---|---|
| QIB | 778000 | 88536000 | 113.8 |
| NIB | 586000 | 247114000 | 421.7 |
| RETAIL | 1364000 | 596912000 | 437.62 |
| Total | 2728000 | 932562000 | 341.85 |
| Retail Apps | 298456 | © IPO Premium | |
| HNI Interest Cost per share (7 Days) | |||||
|---|---|---|---|---|---|
| @7% ₹39.63 | @8% ₹45.29 | @9% ₹50.95 | @10% ₹56.61 | @11% ₹62.27 | @12% ₹67.93 |
| Category | Lot(s) | Qty | Amount | Reserved |
|---|---|---|---|---|
| Retail | 1 | 2000 | 140000 | 682 |
| HNI | 2 | 4000 | 280000 | 293 |
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.
Konstelec Engineers IPO Details
| Issue Size | 4,100,000 shares (aggregating up to ₹28.70 Cr) |
| Fresh Issue | 4,100,000 shares (aggregating up to ₹28.70 Cr) |
| Issue Type | Book Built Issue IPO |
| Listing At | NSE SME |
| Share holding pre issue | 11,000,000 |
| Share holding post issue | 15,100,000 |
| Market Maker portion | 206,000 shares Spread X Securities |
Konstelec Engineers IPO Reservation
| Investor Category | Shares Offered |
|---|---|
| QIB Shares Offered | Not more than 50% of the Net Issue |
| Retail Shares Offered | Not less than 35% of the Net Issue |
| NII (HNI) Shares Offered | Not more than 15% of the Net Issue |
Konstelec Engineers IPO Lead Manager(s)
- Beeline Capital Advisors Pvt Ltd
Key Performance Indicator
| KPI | Values |
|---|---|
| ROE | 13.39% |
| ROCE | 16.81% |
| Debt/Equity | 0.57 |
| RoNW | 12.56% |
| P/BV | 1.24 |
Company Financials
Konstelec Engineers Limited Financial Information (Restated Consolidated)
Konstelec Engineers Limited's revenue increased by 42.17% and profit after tax (PAT) rose by 120.8% between the financial year ending with March 31, 2023 and March 31, 2022.
| Period | 30 Sep 2023 | Mar 2023 | Mar 2022 | Mar 2021 |
| Assets | 16,223.23 | 14,612.99 | 11,884.44 | 10,364.02 |
| Revenue | 9,434.05 | 15,500.05 | 10,902.31 | 10,617.16 |
| Profit | 456.16 | 777.77 | 352.25 | 190.34 |
| Net Worth | 6,647.68 | 6,191.50 | 5,423.73 | 5,071.48 |
| Reserves | 5,547.68 | 6,091.50 | 5,323.73 | 4,971.48 |
| Borrowing | 4,109.45 | 3,507.15 | 2,650.59 | 2,548.12 |
| Amount in ₹ Lakhs | ||||