Konstelec Engineers IPO Details | GMP, Date, Price, Review

Konstelec Engineers IPO

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Konstelec Engineers IPO Details ( Konstelec Engineers Limited IPO Review )

(19 Jan 2024 – 24 Jan 2024)

Established in December 1995, Konstelec Engineers Limited has been actively involved in the fields of engineering, procurement, and construction/commissioning (EPC).

Our comprehensive range of services encompasses engineering and drawings, procurement, operations and maintenance, project management, and construction and commissioning. With expertise in electrical installation, solar power plant installation, instrumentation, and automation, we take pride in successfully completing over 200 projects, including 45 major projects valued at over 400 crores.

Our esteemed clientele includes prominent 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.

Extending our services across more than 15 states in India and Nigeria, we are committed to delivering excellence.

As of November 30, 2023, Konstelec Engineers Limited proudly boasts an order book comprising over 57 major projects valued at around 573 crores, all in various stages of implementation.

Our dedicated team, consisting of over 800 professionals in India and Africa, including 120 engineers, 250 technicians, and various other locally employed staff, ensures the success of each project.

Konstelec Engineers Limited IPO Competitive Strength

  • Expertise and Experience
  • Strong Project Management
  • Comprehensive Service Offering
  • Diverse and Skilled Workforce
  • Robust Technical Infrastructure
  • Commitment to Quality and Safety
  • Robust Order Book
  • Strong Client Relationships
  • Geographical Presence
  • Track Record of Successful Projects
  • Adherence to Regulatory Compliance

Konstelec Engineers IPO Financials Performance ( Results )

Konstelec Engineers Limited Financial Information (Restated Consolidated)

All Amount in ₹ Lakhs

Period EndedTotal AssetsTotal RevenuePATEPS
Net WorthReservesBorrowing

Objective of Konstelec Engineers IPO Issue

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

Konstelec Engineers IPO Basic Details

IPO DateJan 19, 2024 to Jan 24, 2024
Listing DateTuesday, January 30, 2024
Face Value₹10 per share
Price₹66 to ₹70 per share
Lot Size2000 Shares
Issue Size4,100,000 shares of ₹10
(aggregating up to ₹28.70 Cr)
Fresh Issue4,100,000 shares of ₹10
(aggregating up to ₹28.70 Cr)
Issue TypeBook Built Issue IPO
Listing AtNSE SME
Share holding pre issue11,000,000
Share holding post issue15,100,000
Company PromotersMr. Biharilal Ravilal Shah and
Mr. Amish Biharilal Shah

Konstelec Engineers IPO Reservation

Anchor Investor Shares Offered28.44% of the Net Issue
Market Maker Shares Offered5.02% of the Net Issue
QIB Shares Offered18.98% of the Net Issue
NII (HNI) Shares Offered14.29% of the Net Issue
Retail Shares Offered33.27% of the Net Issue
Total Shares Offered100% of the Net Issue

Konstelec IPO Timetable

Konstelec IPO will open on January 19, 2024 and close on January 24, 2024. You can join Konstelec IPO at 10.00 A.M. to 5.00 p.m. Upto which mandate can be applied.

Opening Date19 January 2024 (Friday)
Closing Date24 January 2024 (Wednesday)
Basis of Allotment25 January 2024 (Thursday)
Initiation of Refunds29 January 2024 (Monday)
Credit of Shares to Demat29 January 2024 (Monday)
Listing Date30 January 2024 (Tuesday)
Deadline for UPI mandate confirmation5 PM on 24 January 2024

Konstelec Engineers IPO Lot Size

For retail investors in Konstelec Engineers IPO, 2000 shares will come in 1 lot or the minimum investment will be ₹140,000. Retail-individual investors can apply for up to 1 lots or the maximum investment will be ₹140,000.

Retail (Min)12000₹140,000
Retail (Max)12000₹140,000
S-HNI (Min)24000₹280,000

Konstelec Engineers IPO Promoter Holding

The company’s promoters include Mr. Biharilal Ravilal Shah and Mr. Amish Biharilal Shah.

Pre Issue Share Holding91.65%
Post Issue Share Holding66.77%

Konstelec Engineers Ltd IPO Key Performance Indicator ( Valuation )

In the table given below, all the figures have been told according to the latest financial year.

Market Cap (₹ Cr.)105.70
Earning Per Share (EPS)₹7.07 per Equity Share
Net Asset Value (NAV)₹56.29 per Equity Share
P/E Ratio (P/E) (x)9.90
Post P/E Ratio (P/E) (x)11.59
Return on Net Worth (RoNW) (%)12.56
Return on equity (ROE) (%)13.39
Return on Capital Employed (ROCE) (%)16.81
Debt/Equity Ratio0.57
P/BV Ratio1.24

Konstelec Engineers Ltd Peer Comparison

Company NameConsolidated/
Peer Group
Skipper LimitedConsolidated96.201.003.4627.774.6374.75

Konstelec Engineers IPO GMP Live Update, Kostak Rate day by day

DateGMPKostakSubject to
22 January 2024₹57
21 January 2024₹57

Konstelec Engineers IPO Detail Video:

Konstelec Engineers IPO Subscription Status (Bidding Detail)

The Konstelec Engineers IPO on January 24, 2024 at 7:30:00 PM was subscribed 341.80 times, with the retail category being subscribed 437.67 times, the NII (Non-Institutional Investor) category being subscribed 421.36 times, QIB (Qualified-Institutional Buyers) category being subscribed 113.80 times.


Konstelec Engineers IPO Prospectus

Konstelec Engineers IPO DRHPDownload
Konstelec Engineers IPO RHPDownload
Konstelec Engineers IPO Anchor Investors Details PDFDownload

Konstelec Engineers IPO Rating

Our Rating3.5/5.0

Konstelec Engineers Company Contact Information

Konstelec Engineers Limited

Registered Office: 308, Creative Industrial Estate, Sundar Nagar Lane No. 2, Kalina, Santacruz (East), Mumbai- 400098, Maharashtra, India.
Website: www.konstelec.com
E-Mail: compliance@konstelec.com
Telephone No: +91 2243421551
Company Secretary and Compliance Officer: Ms. Shatabdi Sudam Salve
Promoters of Our Company: Mr. Biharilal Ravilal Shah and Mr. Amish Biharilal Shah

Konstelec Engineers IPO Registrar

Link Intime India Private Limited

SEBI Registration Number: INR000003241
Address: D-153A, 1st Floor, Okhla Industrial Area Phase-I,New Delhi – 110020, India.
Tel. Number: 011-40450193-197
Fax: 011-26812683
Email Id: ipo@skylinerta.com
Investors Grievance Id: grievances@skylinerta.com
Website: www.skylinerta.com
Contact Person: Mr. Anuj Rana
CIN: U74899DL1995PTC071324

Konstelec Engineers IPO Lead Manager

Beeline Capital Advisors Private Limited

SEBI Registration Number: INM000012917
Address: Shilp Corporate Park, B Block, 13th Floor, B-1311-1314, Near Rajpath Club,Rajpath
Rangoli Road, S.G. Highway, Ahmedabad, Gujarat- 380054.
Telephone Number: 079 4918 5784 Email Id: mb@beelinemb.com
Investors Grievance Id: ig@beelinemb.com
Website: www.beelinemb.com
Contact Person: Mr. Nikhil Shah CIN: U67190GJ2020PTC114322

Konstelec Engineers IPO FAQs

What is the lot size of Konstelec Engineers IPO?

The total size of Konstelec Engineers IPO is ₹28.70 crores and this is a complete fresh Issue.

When will Konstelec Engineers IPO start?

Konstelec Engineers IPO will open from 19 January 2024 and IPO will close on 24 January 2024.

What is the open date of Konstelec Engineers IPO?

Konstelec Engineers IPO will open date from 19 January 2024.

What is the last date ( close date ) of Konstelec Engineers IPO?

Konstelec Engineers IPO will close from 24 January 2024.

What is the price band of Konstelec Engineers IPO?

Konstelec Engineers IPO price band is ₹66 to ₹70. ( Upper Price Band: ₹70, Lower Price Band: ₹66 )

What is the minimum amount required to apply for Konstelec Engineers IPO?

The minimum investment for retailers to apply for Konstelec Engineers IPO is ₹140,000 and the maximum investment is ₹140,000.

What is going on gray market premium of Konstelec Engineers IPO?

View gray market premium of Konstelec Engineers IPO by Clicking Here

How much is the GMP of Konstelec Engineers IPO?

Watch Konstelec Engineers IPO GMP Today: Click Here

What is the allotment date of Konstelec Engineers IPO?

The allotment date of Konstelec Engineers IPO is 25 January 2024.

How to check allotment status in Konstelec Engineers IPO?

To check the allotment status of Konstelec Engineers IPO, first of all go to the registrar website by clicking here, select your bad Konstelec Engineers IPO name or enter your bad application number, PAN number or client ID and click on submit. ( Video Link )

What is the listing date of Konstelec Engineers IPO?

The listing date of Konstelec Engineers IPO is 30 January 2024.

How much will be the listing gain in Konstelec Engineers IPO?

View listing gain of Konstelec Engineers IPO by Clicking Here

How much time Konstelec Engineers IPO is subscribed?

Total 341.80 times subscribed in Konstelec Engineers IPO out of which 437.67 times subscription was done in retail quota, 421.36 times subscription in NII quota and 113.80 times subscription in QIB quota.

How to apply for Konstelec Engineers IPO from Upstox?

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How to apply for Konstelec Engineers PO from Zerodha?

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How to apply for Konstelec Engineers IPO from Angle One?

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