April, 05 2026 Sunday 03:12 Hrs
Last update 11-9-2025
  • SENSEX :   73,319.55

  • Commodity broking firm in India185.23( 0.25%) 02-Apr-2026

IPO Synopsis

Konstelec Engineers Ltd
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
Opens On Closes On
19-Jan-24 24-Jan-24
Money Payable On
Application Allotment
70.00 0.00
Minimum Application for shares in Nos : 2000 Further Multiples of : 2000
(.Cr) Lead Managers to the Issue
Project Cost (.Cr) 25.00 Beeline Capital Advisors Pvt Ltd
Project Financed through Current Offer (.Cr) 28.70  
Post Issue Equity Share Capital (.Cr) 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
Skyline Financial Services Pvt
Top
Attention Investor:
Prevent unauthorised transactions in your account Update your mobile numbers/email IDs with your stock brokers/Depository Participant.     KYC is one time exercise while dealing in securities markets - once KYC is done through a SEBI registered intermediary (broker, DP, ,Mutual ).    No need to issue cheques by investors while subscribing to IPO. Just write the bank account number and sign in the application form to authorise your bank to make payment in case of allotment. No worries for refund as the money remains in investor's account.