Established in December 1995, Konstelec Engineers Limited is an EPC (engineering, procurement, and construction/commissioning) company. They offer a broad spectrum of services, including engineering, procurement, operations, maintenance, project management, and construction/commissioning. Their expertise spans electrical installation, solar power plant installation, instrumentation, and automation.
With over 200 completed projects, including 45 significant ones valued at over 400 crores, Konstelec Engineers has a robust track record. Notable clients include Reliance Industries, Engineers India, JSW Steel, Indian Oil, and more. They operate in 15 states in India and Nigeria.
As of August 31, 2023, the company has an order book exceeding 50 major projects, valued at around 565 crores, at different stages of implementation. With 884 employees in India and Africa, Konstelec Engineers continues to be a key player in the EPC sector.
Key Points Regarding Konstelec Engineers
| IPO Date | January 19, 2024 to January 22, 2024 |
| Price Band | ₹66 to ₹70 per share |
| Face Value | Rs 10 per share |
| Lot Size | 2000 Shares |
| Total Issue Size | 4,100,000 shares (aggregating up to ₹28.70 Cr) |
| Listing Date | Thursday, January 25, 2024 |
| Listing At | NSE SME |
Konstelec Engineers IPO Details:
- Book Built Issue: Rs 28.70 crores
- Entirely Fresh Issue: 41 lakh shares
- Subscription Dates:
- Opens: January 19, 2024
- Closes: January 22, 2024
- Allotment Date:
- Expected: Tuesday, January 23, 2024
- Listing:
- NSE SME
- Tentative Listing Date: Thursday, January 25, 2024
- Price Band:
- ₹66 to ₹70 per share
- Application Details:
- Minimum Lot Size: 2000 Shares
- Retail Investors: Minimum Investment of ₹140,000
- For HNI (High Net Worth Individuals):
- Minimum Lot Size: 2 lots (4,000 shares)
- Minimum Investment: ₹280,000
Konstelec Engineers Limited Financial Information (Restated Consolidated)
Konstelec Engineers Limited earned 42.17% more revenue, and their profit after tax (PAT) increased by 120.8% from the financial year ending on March 31, 2022, to March 31, 2023. (Amount in ₹ Lakhs)
| Period Ended | 31 Mar 2023 | 31 Mar 2022 | 31 Mar 2021 |
| 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 |
Contact Details
Konstelec Engineers Limited
308, Creative Industrial Estate
Sundar Nagar Lane No. 2, Kalina,
Santacruz (East), Mumbai- 400098
Phone: +91 2243 421551
Email: [email protected]
Website: https://www.konstelec.com/
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