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IPO

IPO Details


Konstelec Engineers Ltd
Registered Office: 308 Creative Industrial Estate, Sunder Nagar Lane No 2, Mumbai - 400098, Maharashtra
Phone: 91-22-43421551
Email: compliance@konstelec.com
Website: www.konstelec.com
Public issue of 4100000 equity shares of face value of Rs. 10/- each ("Equity Shares") of Konstelec Engineers Limited ("Konstelec" "KEL", "KEPL" or the "Company" or the "Issuer") for cash at a price of Rs. 70 per equity share including a share premium of Rs. 60 per equity share (the "Issue Price") aggregating to Rs. 28.70 crores ("The Issue"), of which 206000 equity shares of face value of Rs. 10/- each for cash at a price of Rs. 70 per equity share including a share premium of Rs. 60 per equity share aggregating to Rs. 1.44 crores will be reserved for subscription by market maker to the issue (the "Market Maker Reservation Portion"). The issue less the market maker reservation portion i.e. net issue of 3894000 equity shares of face value of Rs. 10/- each at a price of Rs. 70 per equity share including a share premium of Rs. 60 per equity share aggregating to Rs. 27.26 crores is herein after referred to as the "Net Issue". The issue and the net issue will constitute 27.15 % and 25.79 % respectively of the post issue paid up equity share capital of the company. The face value of the equity shares is Rs. 10/- each. The face value of the equity shares is Rs. 10/- each and the issue price is Rs. 70. the issue price is 7.00 times of the face value.
Issue Money Payable On
Opens On Closes On Application Allotment
19-Jan-2024 24-Jan-2024 ₹ 70.00 ₹ 0.00
Minimum Application for shares in Nos : 2000.0 Further Multiples of : 2000.0
(₹)Cr. Lead Managers to the Issue
Project Cost 25.00 Beeline Capital Advisors Pvt Ltd
Project Financed through Current Offer 28.70
Post Issue Equity Share Capital 15.10
Issue Price ₹70.00
Projects
To meet working capital requirements
General corporate purposes
Promoted By
Biharilal Ravilal Shah
Amish Biharilal Shah
Listing At
NSE - SME
Registrar to the Issue

INDIAN INDICES

Sensex

82,755.51 700.40 (0.85%)

Nifty

25,244.75 200.40 (0.80%)

GLOBAL INDICES

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85.75 0.06 (0.95%)

NASDAQ
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24,474.68 297.60(1.23%)