Bondada Engineering Limited
ListedSMEnfrastructure & Construction · BSE
Incorporated in 2012, Bondada Engineering Limited provides engineering, procurement, and construction (EPC) as well as operations and maintenance (O&M) services for the telecom and solar energy sectors. The company offers passive telecom infrastructure services, including cell site construction, tower erection, maintenance, supply of poles and towers, laying and maintenance of optical fiber cables, and power equipment provision. Bondada has installed over 11,600 telecom towers and poles, including 7,700 in the last three fiscal years. Its O&M services cover preventive and corrective maintenance, backup power systems, and optical fiber surveillance. The company’s manufacturing facility in Keesara Mandal, Telangana has an installation capacity of ~12,000 MTPA.
Price Band
₹75
Issue Size
₹42.72 Cr
Lot Size
1600 shares
GMP
₹60
+80.0%
Est. Listing
₹135
at current GMP
Subscribed
112.33x
overall
Open
18 Aug 2023
Close
22 Aug 2023
Allotment
25 Aug 2023
Refund
26 Aug 2023
Demat Credit
27 Aug 2023
Listing
30 Aug 2023
Last updated 12 days ago
Key Highlights
- •Leading player in the nfrastructure & Construction segment
- •Price band established at ₹75 - ₹75 per equity share
- •Minimum bid lot is 1600 shares
- •Estimated listing target of ₹135 based on current grey market activity