The Konstelec Engineers IPO commenced on January 19, 2024, and concluded on January 24, 2024. The allotment of shares took place on January 25, 2024, and the initiation of refunds began on January 29, 2024. The shares were credited to the demat accounts of investors on January 29, 2024. Finally, the listing of Konstelec Engineers on the stock exchange occurred on January 30, 2024.
The Konstelec Engineers IPO was priced at ₹66 to ₹70 per share, with a lot size of 2000 shares. The total issue size was ₹28.70 crores, comprising a fresh issue of ₹28.70 crores. The IPO was listed on the NSE SME.
Konstelec Engineers IPO Basic Details
| Company Name | Konstelec Engineers Limited |
| Konstelec Engineers IPO GMP Today | ₹57 |
| Konstelec Engineers IPO Listing Gain | 81.43% |
| Konstelec Engineers IPO Open Date | January 19, 2024 |
| Konstelec Engineers IPO Close Date | January 24, 2024 |
| Konstelec Engineers IPO Allotment Date | January 25, 2024 |
| Konstelec Engineers IPO Listing Date | 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 |
| Company Promoters | Mr. Biharilal Ravilal Shah and Mr. Amish Biharilal Shah |
Konstelec Engineers IPO GMP Today:
| Date | GMP | Listing Gain | Kostak | Subject to |
| Today | ₹57 | 81.43% | – | – |
| 22 January 2023 | ₹57 | 81.43% | – | – |
| 21 January 2023 | ₹57 | 81.43% | – | – |
Konstelec Engineers IPO Details:
Established in December 1995, Konstelec Engineers Limited is actively engaged in the fields of engineering, procurement, and construction/commissioning (EPC). We pride ourselves on providing a comprehensive suite of services, encompassing engineering and drawings, procurement, operations and maintenance, project management, and construction and commissioning.
Our expertise spans electrical installation, solar power plant installation, instrumentation, and automation. With a track record of successfully completing over 200 projects of varying sizes and complexities, including 45 major projects valued at over 400 crores, we have established ourselves as a reliable partner in the industry.
Our esteemed clientele includes renowned 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, IGPL, and many others.
Operating in more than 15 states in India and Nigeria, Konstelec Engineers Limited has garnered a strong presence in the market. As of November 30, 2023, our order book boasts more than 57 major projects valued at around 573 crores, at various stages of implementation.
Our dedicated team comprises over 800 professionals across India and Africa, including 120 engineers, 250 technicians, and various other locally employed staff. We are committed to delivering high-quality solutions and contributing to the success of our clients’ projects.
Konstelec Engineers IPO More Details Click Here
Konstelec Engineers IPO FAQs
When is Konstelec Engineers IPO open?
Konstelec Engineers IPO will open on 19 January 2024.
When is Konstelec Engineers IPO Close?
Konstelec Engineers IPO will be closed on 24 January 2024.
What is Konstelec Engineers IPO GMP Today?
The Konstelec Engineers IPO GMP aka Grey Market Premium is ₹57.
What is Konstelec Engineers IPO Kostak Rates Today?
The Konstelec Engineers IPO Kostak Rate is ₹000.
What is Konstelec Engineers IPO Subject to Sauda Price Today?
The Konstelec Engineers IPO subject to sauda rates is ₹000.
Konstelec Engineers IPO Expected Returns?
The Konstelec Engineers expected return is 81.43%.
How much will be the listing gain in Konstelec Engineers IPO?
Konstelec Engineers IPO will get listing gain of 81.43%. (Approx.)
