
nfrastructure & 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
+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
Overall Subscription
112.33x
Total Demand
QIB Multiplier
0.00x
Institutions & Funds
NII / HNI
124.61x
High Net-Worth
Retail (RII)
100.05x
Individual Bidders
Live bidding breakdown by institutional, non-institutional, and retail investors
| Category | Shares Offered | Shares Applied / Bid | Times Subscribed |
|---|---|---|---|
| NIB | 2,704,000 | 336,952,000 | 124.61x |
| RETAIL | 2,704,000 | 270,547,200 | 100.05x |
| Total | 5,408,000 | 607,499,200 | 112.33x |
Total unique applications received across retail and HNI tranches
| Category | Applications Reserved | Applications Received | Times Subscribed |
|---|---|---|---|
| Retail (RII) | 1,246 | 124,662 | 100.05x |
| HNIs (10L +) | 8 | 997 | 124.61x |
| HNIs (2-10L) | 38 | 4,735 | 124.61x |
| Total Applications | 1,292 | 130,394 | 100.92x |
Track continuous institutional and retail bidding order books for all active issues on the ipo live subscription feed.
Bondada Engineering Limited is bringing an initial public offering (IPO) in the nfrastructure & Construction sector with an aggregate issue size of ₹42.72 Crores. The shares are offered at a price band of ₹75 to ₹75 per equity share on BSE. Currently, traders and retail applicants are calculating expected listing gains and break-even points based on unofficial grey market quotations.
Prospective investors can apply in the retail quota with a minimum of 1 lot comprising 1600 shares (approx. ₹1,20,000 minimum investment). High net-worth individuals (HNI/NII) can bid in the sHNI (₹2 Lakh to ₹10 Lakh) or bHNI (above ₹10 Lakh) categories for enhanced quota allocation.
Allotment reconciliation will be managed by Kfin Technologies Limited. Eligible allottees will receive credit of equity shares into their Demat accounts by 2023-08-27, while un-allotted funds or UPI block mandates will be released on 2023-08-26.
The latest Grey Market Premium (GMP) for Bondada Engineering Limited IPO is ₹60 per equity share. Based on the upper price band of ₹75 to ₹75 per equity share, the estimated listing price is ₹135 (+80.0% expected listing gain).
With a lot size of 1600 shares and current GMP of ₹60, the expected profit per application lot is approx ₹96,000 (+80.0% gain). Minimum application cost is approx ₹1,20,000.
The Bondada Engineering Limited IPO aggregate issue size is ₹42.72 Crores with an equity price band set at ₹75 to ₹75 per equity share. The retail lot size is 1600 shares requiring a minimum capital outlay of approx. ₹1,20,000.
Live subscription figures are compiled real-time from the NSE and BSE bidding engines. Currently, overall subscription is 112.33x (Retail: 100.05x, QIB: 0.00x, NII: 124.61x). You can track live multiples directly on our dedicated subscription page.
The basis of allotment will be published on the official registrar portal (Kfin Technologies Limited) and the BSE status verification website on or around 2023-08-25. Investors can verify status using PAN card or application number.
Bondada Engineering Limited shares are scheduled to list on BSE on 2023-08-30.