Konstelec Engineers Limited
ListedSMEEmerging SME Services · NSE
Founded in December 1995, Konstelec Engineers Limited specializes in engineering, procurement, and construction/commissioning (EPC) services, offering expertise in electrical installation, solar power plants, instrumentation, and automation. The company provides engineering, procurement, operations, maintenance, project management, and construction services, having completed over 200 projects, including 45 major ones worth over ₹400 crores. Serving clients like Reliance Industries, ISRO, Adani, NTPC, and Tata Steel, it operates across 15+ states in India and Nigeria. As of November 30, 2023, its order book includes 57 major projects worth approximately ₹573 crores. The company employs over 800 personnel, including 120+ engineers and 250 technicians.
Price Band
₹66 – ₹70
Issue Size
₹28.70 Cr
Lot Size
2000 shares
GMP
₹105
+150.0%
Est. Listing
₹175
at current GMP
Subscribed
341.85x
overall
Open
19 Jan 2024
Close
24 Jan 2024
Allotment
25 Jan 2024
Refund
26 Jan 2024
Demat Credit
27 Jan 2024
Listing
30 Jan 2024
Last updated 12 days ago
Key Highlights
- •Leading player in the Indian market segment
- •Price band established at ₹66 - ₹70 per equity share
- •Minimum bid lot is 2000 shares
- •Estimated listing target of ₹175 based on current grey market activity