Konstelec engineers ipo gmp review,Share price,Apply or not Detail inside

Konstelec engineers ipo gmp review and details

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About Konstelec engineers ltd

It is a Globally recognized EPC company, providing cutting-edge services and solutions in the Electrical, Instrumentation and Automation space. They aspire to grow both organically and inorganically, through strategic tie-ups and joint ventures – both locally and globally, mainly in the Middle East and North Africa region. Established in 1995, Konstelec Engineers Limited (KEL) is a leading engineering, procurement, and construction/commissioning contractor in India

Introduction about their mission

There mission is to surpuss customer presumption across parameters like quality, reliability, performance, and cost. They shall continue to centre on research, development, training, service, speed, and excellence in performance.

Konstelec engineers ipo gmp review video

Konstelec Engineers IPO Date & Price Details

IPO Details Info
IPO OpenJanuary 19, 2024
IPO CloseJanuary 23, 2024
IPO SizeApprox ₹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 onNSE SME
Retail Quota35% of the net offer
QIB Quota50% of the net offer
NII Quota15% of the net offer
DRHP Draft ProspectusClick Here
RHP Draft ProspectusClick Here
Anchor Investors in IPOClick Here

Konstelec Engineers IPO Date

For applying for this ipo date band has been shown below-

IPO Timeline 
IPO Open DateJanuary 19, 2024
IPO Close DateJanuary 23, 2024
Basis of Allotment DateJanuary 24, 2024
Refunds DateJanuary 25, 2024
Credit to Demat Account DateJanuary 25, 2024
IPO Listing DateJanuary 29, 2024

Konstelec Engineers IPO Market Lot

The Konstelec Engineers IPO minimum market lot size is 2000 shares with a ₹140,000 amount in rupees. check the details below-

Application Lot Size Shares Amount
Retail Minimum 1 2000 ₹ 1,40,000
Retail Maximum 1 2000 ₹ 1,40,000
S-HNI Minimum 2 4000 ₹ 2,80,000

Financials Report

Assets₹ 14,612.99₹ 11,884.44₹ 10,364.02
Revenue₹ 15,500.05₹ 10,902.31₹ 10,617.16
Profit After Tax₹ 777.77₹ 352.25₹ 190.34
Net Worth₹ 6,191.50₹ 5,423.73₹ 5,071.48
Reserves and Surplus₹ 6,091.50₹ 5,323.73₹ 4,971.48
Total Borrowing₹ 3,507.15₹ 2,650.59₹ 2,548.12

Conract details-

ipo details

PEER Group

Skipper Limited

Companys Promoters

Mr. Biharilal Ravilal Shah

• Mr. Amish Biharilal Shah

Konstelec engineers Ipo gpm review 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.

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