Konstelec Engineers Ltd IPO: Issue Details, Open/Close Date | Research 360 by Motilal Oswal
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Konstelec Engg.

CMP

182.50

+4.45 (2.50%)

  • DRHP
₹70

Offer Price

₹ 28.70 Cr

Issue Size

₹ 1,40,000

Min Investment

2,000

Lot size

Time Line

  • 19
    Jan 2024
    Open
  • 24
    Jan 2024
    Close
  • 25
    Jan 2024
    Finalisation of Basis of Allotment
  • 29
    Jan 2024
    Initiation of Refunds
  • 29
    Jan 2024
    Transfer of Shares to Demat Account
  • 30
    Jan 2024
    Listing Date

Objects of the Offer

  • Technological Advancement.

  • Strong Project Execution.

  • Talent Development.

  • Customer-Centric Approach & Sustainable Growth.

  • Quality Assurance.

Products & Services

  • Konstelec Engineers Ltd is in the business of Engineering, Procurement, and Construction/ Commissioning (EPC) contractors and is engaged in the business of offering full range of EPC services in India and abroad.

Strengths

  • Expertise and Experience.

  • Strong Project Management.

  • Comprehensive Service Offering.

  • Diverse and Skilled Workforce.

  • Robust Technical Infrastructure.

Risks

  • The Company is dependent on few numbers of customers for sales. The loss of any of this large customer may affect its revenues and profitability.

  • The Company is dependent on few suppliers for purchase of product. Loss of any of these large suppliers may affect its business operations.

  • Majority of its revenue from operations are generated from India. Any adverse development affecting its operations in India could have an adverse impact on its business, financial condition and results of operations.

  • The company has certain outstanding litigation against it, an adverse outcome of which may adversely affect its business, reputation and results of operations.

  • The company has experienced significant working capital requirements in past and may continue to experience in future also. If its experience insufficient cash flows from the company operations or are unable to borrow to meet its working capital requirements, it may materially and adversely affect its business, cash flows and results of operations.

Company Promoters

Promoters Holding

Issue For IPO
21.50%
Pre Holding

79.19%

Post Holding

57.69%

Top Promoters Holding

Financials

All values in Cr

Mar-2022 Mar-2023 Mar-2023 3-Yr trend
Revenue 107.05 (2.10%) 153.40 (43.30%) 12.56 (-)
Gross Profit 107.05 (2.10%) 153.40 (43.30%) 12.56 (-)
Net Income 107.05 (2.10%) 153.40 (43.30%) 12.56 (-)
Assets 107.05 (2.10%) 153.40 (43.30%) 12.56 (-)
Liabilities 107.05 (2.10%) 153.40 (43.30%) 12.56 (-)

Peers

Company Name Revenue (Cr) Net Profit (Cr) Assets (Cr) Liabilities (Cr) ROE EPS BVPS Current Ratio Debt to Assets
Konstelec Engineers Ltd 153.40 7.78 96.99 35.07 12.56 77.78 619.15 2.75 0.36
Skipper Ltd 1,980.30 35.57 2,222.64 2,222.64 4.63 3.46 74.75 1.60 0.63

Book Running Managers

  • Beeline Capital Advisors Pvt Ltd

Registrar & Transfer Agent

Skyline Financial Services Pvt

D-153/A 1st Flr,
Okhla Industrial Are,
Phase-I - New Delhi-110020
Phone : 91-11-26812682 Fax: 91-11-30857562

Company Contact Information

308 Creative Industrial Estate,
Sunder Nagar Lane No 2,
Mumbai - 400098
Phone : 91-22-43421551 Email : compliance@konstelec.com www.konstelec.com

Offer Related Information

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... More

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