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Open
19 Jan 2024
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Close
24 Jan 2024
3
Allotment
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Listing
Tue, Jan 30, 2024
Price Band
₹66 to ₹70
Issue Size
41,00,000 shares (agg. up to ₹29 Cr)
Lot Size
2,000 Shares
Listing Date
Tue, Jan 30, 2024
Latest GMP
₹105
Est. Gain
150%
✦ AI Insight
GMP Trend
30-01-2024₹105Est. ₹175+150%
29-01-2024₹105Est. ₹175+150%
28-01-2024₹90Est. ₹160+128.57%
Live Subscription
| Category | Subscription (times) |
|---|---|
| Total | 235.85x |
Restated Financials (₹ Cr.)
| Period Ended | 30 Sep 2023 | 31 Mar 2023 | 31 Mar 2022 | 31 Mar 2021 |
|---|---|---|---|---|
| Assets | 162.23 | 146.13 | 118.84 | 103.64 |
| Total Income | 94.34 | 155.00 | 109.02 | 106.17 |
| Profit After Tax | 4.56 | 7.78 | 3.52 | 1.90 |
| NET Worth | 66.48 | 61.92 | 54.24 | 50.71 |
| Reserves and Surplus | 55.48 | 60.92 | 53.24 | 49.71 |
| Total Borrowing | 41.09 | 35.07 | 26.51 | 25.48 |
| Amount in ₹ Crore |
Peer Comparison
| Company | Issue Type | Issue Size | Issue Price | PE Ratio | Listing Day Close | Listing Gain/Loss % | LTP |
|---|---|---|---|---|---|---|---|
| Vishnusurya Projects & Infra Ltd. | SME | ₹49.98 Cr | ₹68 | 2.69 | ₹76.65 | +12.72% | ₹162.00 (+1.25%) |
| Chavda Infra Ltd. | SME | ₹43.26 Cr | ₹65 | 9.72 | ₹86.45 | +33.00% | ₹105.00 (-0.24%) |
| Vishnu Prakash R.Punglia Ltd. | Mainboard | ₹308.61 Cr | ₹99 | 13.61 | ₹145.70 | +47.17% | ₹25.40 (-1.86%) |
| Udayshivakumar Infra Ltd. | Mainboard | ₹66.00 Cr | ₹35 | 9.67 | ₹31.50 | -10.00% | ₹22.06 (-0.04%) |
Objects of the Issue
| # | Issue Objects | Est Amt (₹ Cr.) |
|---|---|---|
| 1 | To Meet Working Capital Requirements | 18.00 |
| 2 | General corporate purposes | 7.00 |
| 3 | Public Issue Expenses | 3.70 |
About Konstelec Engineers IPO
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 lo
Contact Details
Konstelec Engineers Ltd. Address308, Creative Industrial EstateSundar Nagar Lane No.2, KalinaSantacruz (East)Mumbai, Maharashtra, 400098+91 2243 421551compliance@konstelec.comVisit Website