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Konstelec Engineers Limited

Konstelec Engineers Limited

smelisted
Registrar: Skyline Financial Services Private Ltd · Listing 2024-01-30
IPO Timeline
Today · 21 Oct 2026
Opens
19 Jan 2024
Closes
24 Jan 2024
Allotment
21 Jan 2024
Refund
29 Jan 2024
Demat
25 Jan 2024
Listing
30 Jan 2024
Price Band
₹66–70
GMP
₹0
0%
Lot Size
2000 Shares
Min ₹140,000
Subscription
0x
Issue Size
₹28.7 Cr
Open
2024-01-19
Close
2024-01-24
Listing
2024-01-30

About the company

## **About  Konstelec Engineers Limited** Established in 1995, Konstelec Engineers Limited commenced its journey as a Design Engineering Company and has since undergone significant growth, embracing continuous evolution in services, technology, systems, and business operations. As an Engineering, Procurement, and Construction/Commissioning (EPC) company, Konstelec Engineers Limited has emerged as a specialized entity dedicated to delivering comprehensive project management, procurement support, and detailed engineering services for diverse electrical infrastructure projects spanning India and international locations. Fueled by a skilled team, robust project execution capabilities, and a client-centric approach, Konstelec Engineers Limited is unwavering in its commitment to providing high-quality, safe, and innovative solutions tailored to meet the specific needs of their clients. The company's expertise extends across the entire project lifecycle, ensuring not only timely delivery but also successful outcomes even for the most intricate projects. Presently, Konstelec Engineers Limited operates as prominent EPC contractors, offering a full spectrum of EPC services in India and abroad. Their services find applications in a myriad of processing and manufacturing industries, encompassing oil & gas, refinery, steel, cement, pharmaceuticals, textile, hospital, health care, and commercial complexes, both domestically and internationally. Distinguished by a track record of designing, developing, and executing complex and integrated projects, Konstelec Engineers Limited excels in projects that demand cutting-edge electrical, instrumentation, and automation systems. Their key offerings include engineering design and drawings, procurement, operations and maintenance, project management, and construction and commissioning. They take pride in providing a comprehensive one-stop solution to clients for various engineering projects. Konstelec Engineers Limited's expertise spans diverse areas, including Electrical Installation, Solar Power Plant Setup, and Instrumentation & Automation. Functioning as an EPC company, they specialize in acquiring direct infrastructure project contracts through tender biddings or direct orders from clients. In every contract, the company not only procures products on behalf of the client but also delivers a bundled package of design, construction, and allied services. This holistic approach reinforces their position as a reliable and efficient partner in the EPC sector. As Konstelec Engineers Limited  gears up for its Initial Public Offering (IPO), the generated proceeds from the Fresh Issue will be strategically allocated to crucial objectives. 1. To Meet Working Capital Requirements 1. General corporate purposes 1. To meet Public Issue Expenses. Here are key details about the Konstelec Engineers Limited IPO: Company Name| **Konstelec Engineers Limited**|  | Konstelec Engineers Limited IPO Opening Date| **January 19, 2024** ---|---|---|---|--- Company Incorporated On|**1995**Konstelec Engineers Limited IPO Price band|**₹66 to ₹70 per share**

Strengths

    Risks

      Financial performance (₹ Cr)

      IPO Roadmap / Timeline

      Current Status · as of 21 Oct 2026
      Listed
      Listed on 30 Jan 2024
      Listed 995 days ago
      1. IPO Opens

        Completed
        19 Jan 2024

        Bidding starts for all investor categories

      2. IPO Closes

        Completed
        24 Jan 2024

        Last day to place your bid

      3. Basis of Allotment

        Completed
        21 Jan 2024

        Share allotment finalised

      4. Refund Initiation

        Completed
        29 Jan 2024

        Refunds credited for non-allottees

      5. Credit to Demat

        Completed
        25 Jan 2024

        Allotted shares credited to demat account

      6. Listing on Exchange

        Completed
        30 Jan 2024

        Shares list on NSE / BSE

      Post-close dates are indicative as per SEBI T+3 listing framework and may change per registrar updates.

      Lot size & minimum investment

      Lot Size
      2000 shares
      Price / Share (upper)
      ₹70
      Min Investment (1 lot)
      ₹140,000
      Price Band
      ₹66–70
      Retail / Individual
      1 lot only
      Min lots
      1
      Min shares
      2000
      Min amount
      ₹140,000
      Max amount
      ₹140,000
      HNI
      Min 2 lots
      Min lots
      2
      Min shares
      4000
      Min amount
      ₹280,000
      Max amount
      ₹280,000

      Shares reserved per category & allotment probability

      QIB
      100% allotment
      Reservation
      50%
      Amount
      ₹14.35 Cr
      Shares offered
      2,110,294
      Shares bid
      0
      Subscribed
      0.00x
      NII
      100% allotment
      Reservation
      15%
      Amount
      ₹4.3 Cr
      Shares offered
      633,088
      Shares bid
      0
      Subscribed
      0.00x
      Retail
      100% allotment
      Reservation
      35%
      Amount
      ₹10.05 Cr
      Shares offered
      1,477,206
      Shares bid
      0
      Subscribed
      0.00x

      Retail is a lottery-based allotment when oversubscribed; QIB/NII get pro-rata. Probability ≈ 1 / subscription times (100% if under-subscribed).