Konstelec Engineers Limited

Company Name	Konstelec Engineers Limited
Open Date	19-01-2024
Close Date	23-01-2024
Exchange	NSE SME
Lot Size	2000 Shares
Issue Price	₹66 to ₹70 per share
Issue Size	41,00,000 shares
Application Amount	₹1,40,000
Recommendation	Apply

Konstelec Engineers Limited was originally incorporated in the year 1995 and had its registered office in Mumbai, Maharashtra, India.The company is in the business of Engineering, Procurement, and Construction/ Commissioning (EPC) contractors and is engaged in the business of offering a full range of EPC services in India and abroad.The company’s 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.As of 12th January 2024, the Company had 884 employees on its payroll.

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Financial Summary in Lakhs

For the Period Ended	Mar-21	Mar-22	Mar-23	Sep-23
Total Assets	10,364.0	11,884.4	14,612.9	16,223.2
Net Assets	5,071.49	5,423.73	6,191.51	6,647.68
Total Borrowings	2,548.12	2,650.59	3,507.15	4,109.46
Total Revenue	10,617.16	10,902.3	15,500.05	9,434.05
Profit After Tax	190.34	352.25	777.78	456.15

Tentative Timeline

Opening Date	19-01-2024
Closing Date	23-01-2024
Basis of Allotment	24-01-2024
Initiation of Refunds	25-01-2024
Credit of Shares to Demat	25-01-2024
Listing Date	29-01-2024

Objects of the Issue

To Meet Working Capital Requirements.

General corporate purposes.

To meet Public Issue Expenses.

Contact Information

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

Offer Documents

Konstelec Engineers IPO DRHP

Konstelec Engineers IPO RHP

Registrar Details

Name	Skyline Financial Services Private Ltd
Phone	02228511022
Email	ipo@skylinerta.com
Website	https://www.skylinerta.com/ipo.php

IPO Reservation

Anchor Investor Shares Offered	28.44%
Market Maker Shares Offered	5.02%
QIB Shares Offered	18.98%
NII (HNI) Shares Offered	14.29%
Retail Shares Offered	33.27%
Total Shares Offered	100%

Shareholding Pattern

Share Holding Pre Issue (Promoters)	91.65%
Share Holding Post Issue (Promoters)	66.77%