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
- May Apply
Konstelec Engineers IPO Date & Price Band Details
| IPO Open: | January 19, 2024 |
| IPO Close: | January 24, 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 19 and the IPO close date is January 24. The IPO allotment date is January 25 and the IPO might list on January 30.
| IPO Open Date: | January 19, 2024 |
| IPO Close Date: | January 24, 2024 |
| Basis of Allotment: | January 25, 2024 |
| Refunds: | January 29, 2024 |
| Credit to Demat Account: | January 29, 2024 |
| IPO Listing Date: | January 30, 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 | ₹106 | ₹103 | ₹1.90 |
| 2022 | ₹109 | ₹104 | ₹3.52 |
| 2023 | ₹155 | ₹144 | ₹7.78 |
| Sep 2023 | ₹94 | ₹89 | ₹4.56 |
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
- Skipper Limited
Company Promoters
- 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/
