Issue Price
₹70
Per Share
GMP
NIL
Grey Market
Est. Listing
₹70
Expected Price
Min. Application
₹280,000
2 lots × 2000 shares
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 Ltd proposes to utilise the net proceeds from the Issue for the following objects:
| Category | Shares Offered | % Issue | Amount (₹ Cr)* | Subscription |
|---|---|---|---|---|
| Market Maker | 206,000 | — | ₹1.44 Cr | — |
| TOTAL | 4,100,000 | 100.00% | ₹28.70 Cr | — |
| Category | Lots | Shares | Amount (₹) |
|---|---|---|---|
| Retail (Min) | 1 | 2,000 | ₹140,000 |
| Retail (Max) | 13 | 26,000 | ₹1,820,000 |
| sNII (Min) | 14 | 28,000 | ₹1,960,000 |
| bNII (Min) | 68 | 136,000 | ₹9,520,000 |
| Particulars | 30 Sep 2023 | 31 Mar 2023 | 31 Mar 2022 |
|---|---|---|---|
| Revenue from Operations | 9434.05 | 15500.05 | 10902.31 |
| EBITDA | N/A | N/A | N/A |
| Profit After Tax (PAT) | 456.16 | 777.77 | 352.25 |
| Net Worth | 6647.68 | 6191.50 | 5423.73 |
| Total Assets | 16223.23 | 14612.99 | 11884.44 |
| Reserves & Surplus | 5547.68 | 6091.50 | 5323.73 |
| Total Borrowings | 4109.45 | 3507.15 | 2650.59 |