Konstelec Engineers IPO Date, Review, Price, Allotment Details – Mudcreep


Their Company was originally incorporated as “Konstelec Engineers Private Limited” as a private limited company under the provisions of the Companies Act, 1956 vide Certificate of Incorporation dated December 05, 1995, issued by the Registrar of Companies, Mumbai. Subsequently, their Company was converted from a private limited company to a public limited company under a shareholders resolution passed in the Extra-Ordinary General Meeting of the company dated June 30, 2023, and consequently, the name of their Company was changed to “Konstelec Engineers Limited” and a fresh certificate of incorporation dated August 25, 2023, was issued to their Company by the Registrar of Companies, Mumbai. The Corporate Identification Number of Their Company is U45203MH1995PLC095011.

Konstelec Engineers Limited was incorporated on December 05, 1995, as a private Limited Company and started business operations as a Design Engineering Company. Over the years, they have expanded their services, constantly upgraded Their technologies, systems, and processes, and diversified their business operations. As an EPC company, they specialize in delivering full-scale project management, procurement support, and detailed engineering services for various kinds of electrical infrastructure projects across India and abroad. With a skilled team, strong project execution capabilities, and a client-centric focus, they are committed to delivering high-quality, safe, and innovative solutions that meet their clients’ specific needs. Their expertise covers the entire project lifecycle, ensuring timely delivery and successful outcomes for even the most complex projects.

At present, they are in the business of Engineering, Procurement, and Construction/ Commissioning (EPC) contractors and are engaged in the business of offering a full range of EPC services in India and abroad. Their services find applications across several processing and various kinds of manufacturing industries such as oil & gas, refinery, steel, cement, pharmaceuticals, textile, hospital, health care, and commercial complexes, domestically and internationally. They have designed, developed, and executed several complex and integrated projects requiring cutting-edge electrical, instrumentation, and automation systems. Their key offerings include engineering design and drawings, procurement, operations and maintenance, project management, and construction and commissioning. They provide a one-stop solution to their clients for various kinds of engineering projects. Their expertise includes Electrical Installation, Solar power plant Setup, Instrumentation & Automation..

Objects of the Issue:

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

Konstelec Engineers IPO Review

Konstelec Engineers IPO Date & Price Band Details

IPO Open: January 19, 2024
IPO Close: January 22, 2024
IPO Size: Approx ₹28.70 Crores, 4,100,000 Equity Shares
Face Value: ₹10 Per Equity Share
IPO Price Band: ₹66 to ₹70 Per Equity Share
IPO Listing on: NSE SME
Retail Quota: 35% of the net offer
QIB Quota: 50% of the net offer
NII Quota: 15% of the net offer
DRHP Draft Prospectus: Click Here
RHP Draft Prospectus: Click Here
Anchor Investors in IPO: Click Here

Konstelec Engineers IPO Market Lot

The Konstelec Engineers IPO minimum market lot is 2000 shares with a ₹140,000 application amount.

Application Lot Size Shares Amount
Retail Minimum 1 2000 ₹140,000
Retail Maximum 1 2000 ₹140,000
S-HNI Minimum 2 4000 ₹280,000

Konstelec Engineers IPO Dates

The Konstelec Engineers IPO date is January 2 and the IPO close date is January 6. The IPO allotment date is January 10 and the IPO might list on January 15.

IPO Open Date: January 19, 2024
IPO Close Date: January 22, 2024
Basis of Allotment: January 23, 2024
Refunds: January 24, 2024
Credit to Demat Account: January 24, 2024
IPO Listing Date: January 25, 2024

You can check IPO subscription status and IPO allotment status on their respective pages.

Konstelec Engineers IPO Form

How to apply Konstelec Engineers IPO? You can apply Konstelec Engineers IPO via ASBA available in your bank account. Just go to the online bank login and apply via your bank account by selecting the Konstelec Engineers IPO in the Invest section. The other option you can apply Konstelec Engineers IPO via IPO forms download via the BSE website. Check out the Konstelec Engineers forms – click BSE IPO Forms download, fill and submit in your bank or with your broker.

Konstelec Engineers Company Financial Report

₹ in Crores
Year Revenue Expense PAT
2021 ₹10.62 ₹10.34 ₹1.90
2022 ₹10.90 ₹10.42 ₹3.52
2023 ₹15.50 ₹14.39 ₹7.78
2023 6M ₹- ₹- ₹-

Konstelec Engineers IPO Valuation – FY2023

Check Konstelec Engineers IPO valuations detail like Earning Per Share (EPS), Price/Earning P/E Ratio, Return on Net Worth (RoNW), and Net Asset Value (NAV) details.

Earning Per Share (EPS): ₹7.07 per Equity Share
Price/Earning P/E Ratio: 7.07
Return on Net Worth (RoNW): 12.56%
Net Asset Value (NAV): ₹46.10 per Equity Share

Peer Group

  • Mr. Biharilal Ravilal Shah
  • Mr. Amish Biharilal Shah

Konstelec Engineers IPO Registrar

Skyline Financial Services Private Ltd
Phone: 02228511022
Email: [email protected]
Website: https://www.skylinerta.com/ipo.php

Konstelec Engineers IPO Allotment Status

Check Konstelec Engineers IPO allotment status on Skyline Financial website URL. Click Here

Konstelec Engineers IPO Lead Managers aka Merchant Bankers

  • Beeline Capital Advisors Pvt Ltd

Company Address

Konstelec Engineers Limited
308, Creative Industrial Estate
Sundar Nagar Lane No. 2, Kalina,
Santacruz (East), Mumbai- 400098
Phone: +91 2243 421551
Email: [email protected]
Website: https://www.konstelec.com/

Konstelec Engineers IPO FAQs

What is Konstelec Engineers IPO?

Konstelec Engineers IPO is an NSE SME IPO. They are going to raise ₹28.70 Crores via IPO. The issue is priced at ₹66 to ₹70 per equity share. The IPO is to be listed on NSE.

When Konstelec Engineers IPO will open?

The IPO is to open on January 19, 2024 for QIB, NII, and Retail Investors.

What is Konstelec Engineers IPO Investors Portion?

The investors’ portion for QIB is 50%, NII is 15%, and Retail is 35%.

How to Apply the Konstelec Engineers IPO?

You can apply Konstelec Engineers IPO via ASBA online via your bank account. You can also apply for ASBA online via UPI through your stock brokers. You can also apply via your stock brokers by filling up the offline form.

How to Apply the Konstelec Engineers IPO through Zerodha?

Log in to Console in Zerodha Website or in Application. Go to Portfolio and Click on IPO. You will see the IPO Name “Konstelec Engineers”. Click on Bid Button. Enter your UPI ID, Quantity, and Price. Submit IPO Application Form. Now go to your UPI App on Net Banking or BHIM App to Approve the mandate. Open Demat Account with Zerodha.

How to Apply the Konstelec Engineers IPO through Upstox?

Log in to Upstox Application with your credentials. Select the IPO. You will see the IPO Name “Konstelec Engineers”. Click on Bid Button. Confirm your application. Now go to your UPI App on Net Banking or BHIM App to Approve the mandate. Open Demat Account with Upstox.

How to Apply the Konstelec Engineers IPO through Paytm Money?

Log in to Paytm Money Application with your credentials. Select the IPO. You will see the IPO Name “Konstelec Engineers”. Click on Bid Button. Confirm your application. Now go to your UPI App on Net Banking or BHIM App to Approve the mandate. Open Demat Account with Paytm Money.

What is Konstelec Engineers IPO Size?

Konstelec Engineers IPO size is ₹28.70 crores.

What is Konstelec Engineers IPO Price Band?

Konstelec Engineers IPO Price Band is ₹66 to ₹70 per equity share.

What is Konstelec Engineers IPO Minimum and Maximum Lot Size?

The IPO bid is 2000 shares with ₹140,000.

What is Konstelec Engineers IPO Allotment Date?

Konstelec Engineers IPO allotment date is January 23, 2024.

What is Konstelec Engineers IPO Listing Date?

Konstelec Engineers IPO listing date is January 25, 2024. The IPO to list on NSE SME.

Note: The Konstelec Engineers IPO details are announced officially. The IPO grey market premium (Konstelec Engineers IPO Premium) is updated on the respective page. You can check our IPO grey market page for daily updates.



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