Konstelec Engineers IPO

Konstelec Engineers Limited

₹1,32,000 /2000 sharesMinimum Investment

Konstelec Engineers IPO Listing Details

Listed OnIssue PriceListing PriceListing Gains
NSE₹70.00₹210.00₹140.00 (200.00%)

Konstelec Engineers IPO Details

Bidding DatesMin. InvestmentLot SizePrice Range
19 Jan ‘24 - 24 Jan ‘24₹1,32,0002,000₹66 - ₹70
Issue SizeIPO Doc
28.70Cr
RHP PDF

About the company

Konstelec Engineers is an EPC company (Engineering, Procurement, and Construction/ Commissioning). Established in 1995, the company’s core services include project management, procurement support, engineering design, construction and commissioning apart from detailed engineering services for electrical infrastructure projects in India and abroad. They also provide Electrical Installation and Solar Power Plant Setup services. The company caters to various industries, including oil & gas, refinery, steel, cement, pharmaceuticals, textiles, hospitals, health care, and commercial complexes. The company has executed projects involving cutting-edge electrical, instrumentation, and automation systems. Konstelec Engineers secures infrastructure project contracts through tender biddings or direct orders, managing product procurement and providing clients bundled design, construction, and allied services.;
Founded in
1995
Managing director
Mr. Biharilal Ravilal Shah
Parent organisation
Konstelec Engineers Limited

Strength and risks

Strengths
Risks
Konstelec Engineers, a licensed electrical contractor, has completed over 200 projects, including 45 major projects exceeding Rs. 400 Crores in India and abroad. As of August 31, 2023, their order book comprises 50 major projects valued at around Rs. 565 Crores, indicating a robust order pipeline in various stages of implementation.
The company’s client base includes Reliance Industries Limited, Engineers India Limited, JSW Steel, Indian Oil, BPCL, HPCL, CPCL, MRPL, ISRO, ACC, BARC, Dangote Industries Limited, Adani, NTPC, Tata Steel Ltd, Navin Fluorine International Ltd, and IGPL.
Geographically, Konstelec Engineers operates in multiple regions across India (Andhra Pradesh, Assam, Bihar, Karnataka, Kerala, Gujarat, Odisha, Madhya Pradesh, Maharashtra, Punjab, Rajasthan, Tamil Nadu, Uttar Pradesh, West Bengal) and Nigeria in Africa, providing a strategic advantage for market diversity and business expansion.
The company possesses over two decades of experience and extensive expertise in EPC projects, handling various complexities across different scales.
For efficient project management, the company utilizes cutting-edge planning tools and processes. It also adopts a proactive approach to cost-effective alternatives and adherence to Quality, Health, Safety, and Environment (QHSE) policies for successful project delivery.
Konstelec Engineers has a robust technical infrastructure featuring an in-house design setup and the latest technological advancements.

Financials

*All values are in Rs. Cr
No Graph Data To Display

Application details

Apply asPrice bandApply upto
Regular66 - 70₹2 Lakh
High Networth Individual66 - 70₹2 - 5 Lakh
For Konstelec Engineers IPO, eligible investors can apply as Regular.
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