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 Ended | Total Assets | Total Revenue | PAT | EPS (₹) | Net Worth | Reserves | Borrowing |
| 31-Mar-21 | 10,364.02 | 10,617.16 | 190.34 | 1.73 | 5,071.48 | 4,971.48 | 2,548.12 |
| 31-Mar-22 | 11,884.44 | 10,902.31 | 352.25 | 3.20 | 5,423.73 | 5,323.73 | 2,650.59 |
| 31-Mar-23 | 14,612.99 | 15,500.05 | 777.77 | 7.07 | 6,191.50 | 6,091.50 | 3,507.15 |
| 30-Sep-23 | 16,223.23 | 9,434.05 | 456.16 | 4.15 | 6,647.68 | 5,547.68 | 4,109.45 |
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 Date | Jan 19, 2024 to Jan 24, 2024 |
| Listing Date | Tuesday, January 30, 2024 |
| Face Value | ₹10 per share |
| Price | ₹66 to ₹70 per share |
| Lot Size | 2000 Shares |
| Issue Size | 4,100,000 shares of ₹10 (aggregating up to ₹28.70 Cr) |
| Fresh Issue | 4,100,000 shares of ₹10 (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 |
| Company Promoters | Mr. Biharilal Ravilal Shah and Mr. Amish Biharilal Shah |
Konstelec Engineers IPO Reservation
| Anchor Investor Shares Offered | 28.44% of the Net Issue |
| Market Maker Shares Offered | 5.02% of the Net Issue |
| QIB Shares Offered | 18.98% of the Net Issue |
| NII (HNI) Shares Offered | 14.29% of the Net Issue |
| Retail Shares Offered | 33.27% of the Net Issue |
| Total Shares Offered | 100% 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.
| Event | Date |
| Opening Date | 19 January 2024 (Friday) |
| Closing Date | 24 January 2024 (Wednesday) |
| Basis of Allotment | 25 January 2024 (Thursday) |
| Initiation of Refunds | 29 January 2024 (Monday) |
| Credit of Shares to Demat | 29 January 2024 (Monday) |
| Listing Date | 30 January 2024 (Tuesday) |
| Deadline for UPI mandate confirmation | 5 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.
| Application | Lots | Shares | Amount |
| Retail (Min) | 1 | 2000 | ₹140,000 |
| Retail (Max) | 1 | 2000 | ₹140,000 |
| S-HNI (Min) | 2 | 4000 | ₹280,000 |
Konstelec Engineers IPO Promoter Holding
The company’s promoters include Mr. Biharilal Ravilal Shah and Mr. Amish Biharilal Shah.
| Pre Issue Share Holding | 91.65% |
| Post Issue Share Holding | 66.77% |
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.
| KPI | Values |
| 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 Ratio | 0.57 |
| P/BV Ratio | 1.24 |
Konstelec Engineers Ltd Peer Comparison
| Company Name | Consolidated/ Standalone | CMP (₹) | Face Value | EPS (₹) | P/E Ratio | RoNW (%) | NAV (₹) |
| Konstelec Engineers limited | Consolidated | 70.00 | 10.00 | 7.07 | 11.59 | 12.56 | 56.29 |
| Peer Group | |||||||
| Skipper Limited | Consolidated | 96.20 | 1.00 | 3.46 | 27.77 | 4.63 | 74.75 |
Konstelec Engineers IPO GMP Live Update, Kostak Rate day by day
| Date | GMP | Kostak | Subject to |
| Today | ₹57 | – | – |
| 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.
| Category | Subscription |
| QIB | 113.80x |
| NII | 421.36x |
| Retail | 437.67x |
| Total | 341.80x |
Konstelec Engineers IPO Prospectus
| Konstelec Engineers IPO DRHP | Download |
| Konstelec Engineers IPO RHP | Download |
| Konstelec Engineers IPO Anchor Investors Details PDF | Download |
Konstelec Engineers IPO Rating
| Our Rating | 3.5/5.0 |
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.
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