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Konstelec Engineers Limited IPO Review & Recommendations

 

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Konstelec Engineers Limited IPO

January 19, 2024 - January 23, 2024 Closed

Konstelec Engineers Limited IPO Review

Established on December 5, 1995, Konstelec Engineers Ltd began as a Design Engineering Company, evolving to offer comprehensive project management, procurement support, and detailed engineering services in electrical infrastructure projects. Their commitment lies in delivering high-quality, safe, and innovative solutions tailored to their clients' needs, both in India and internationally. Through continuous expansion, technological upgrades, and diversified operations, they’ve built a skilled team with strong project execution capabilities, ensuring client satisfaction remains their primary focus.

Their Competitive Strengths are Expertise and Experience, Strong Project Management, Comprehensive Service Offering, Commitment to Quality and Safety, Robust Order Book, Strong Client Relationships, Track Record of Successful Project. Their Business Strategies are Technological Advancement, Strong Project Execution, Customer-Centric Approach & Sustainable Growth, Leveraging Market Skills and Relationships.  

Konstelec Engineers Limited Products and Services

Konstelec Engineers Limited EPC contractors providing a complete range of services globally. Their expertise spans various industries like oil & gas, steel, pharmaceuticals, and more. They've successfully executed intricate projects, incorporating advanced electrical, instrumentation, and automation systems. Their aim is to provide top-notch products at great prices to their customers. In a competitive market, they use strategies based on regions and product lines. While some competitors have more money and a wider product range, their strength lies in strong client relationships, a good reputation, skilled employees, market understanding, and top-notch product quality, which keeps them in the competition.

They're an EPC company focused on managing, supporting procurement, and providing detailed engineering for electrical projects in India and globally. They secure contracts through bids or direct orders, handling product procurement and offering a bundled package of design, construction, and related services for their clients. They have all the necessary resources like DG sets, cranes, testing equipment, vehicles, and a skilled workforce to complete their projects successfully. Their esteemed clients include Reliance Industries, Engineers India, JSW Steel, Indian Oil, and others.

Financial Overview

In the past three fiscal years, the company's financial performance shows a total income and net profit of Rs. 106.17 cr. / Rs. 1.90 cr. (FY21), Rs. 109.02 cr. / Rs. 3.52 cr. (FY22), and Rs. 155.00 cr. / Rs. 7.78 cr. (FY23). For the first half of FY24 ending on September 30, 2023, it achieved a net profit of Rs. 4.56 cr. with a total income of Rs. 94.34 cr. The company works as an EPC contractor and operates across India with projects in 15 states. It specializes in electrical installations and currently holds orders worth Rs. 380 cr. for ongoing projects. Considering its financial performance, the stock seems reasonably valued. Investors might think about investing for potential medium to long-term gains.

Frequently Asked Question

Investing in IPOs involves risks such as market volatility and uncertainties about the company's future performance. Investors should carefully review the prospectus for specific risk factors.
Post-issue shareholding of the Konstelec Engineers Limited IPO promoter is 66.77%.
Konstelec Engineers Limited IPO Shares will be listed at NSE SME.
Lot size of the Konstelec Engineers Limited IPO is 2000 shares.
Closing date of Konstelec Engineers Limited IPO is January 24, 2024.
Konstelec Engineers Limited IPO shares will get listed on January 30, 2024.
Pre-issue shareholding of the konstelec engineers private limited promoter is 91.65%.
Information regarding the stock exchange where Konstelec Engineers Limited intends to list its shares will be available in the IPO prospectus.
You will receive on Konstelec Engineers Limited IPO shares in your Demat account on January 29, 2024, if allotted.
The face value of Konstelec Engineers Limited IPO is ₹10 per share.
The meaning of "Konstelec Engineers Limited IPO GMP today" is the Grey Market Premium (GMP) for the initial public offering (IPO) of Konstelec Engineers Limited IPO on the current day.
Konstelec Engineers Limited IPO share price ₹66 to ₹70 per share.
If you do not get the allotment of on Konstelec Engineers Limited IPO, your IPO application amount will be released or credited back to your bank account via which you applied for this IPO.
The company is initiating an Initial Public Offering (IPO) to raise capital for [insert reasons, such as funding expansion projects, reducing debt, or other corporate initiatives.
Opening date of Konstelec Engineers Limited IPO is January 19, 2024.
IPO application is an online process by using UPI or ASBA as a payment method. ASBA IPO application is already available in the net banking of your respective bank account and the UPI application is offered by your Stockbroker, you can invest in SVS Limited IPO using any neatest method at your convenience.
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