What is IPO Grey Market Premium (GMP)?

IPO Grey Market Premium (GMP) is an unofficial, over-the-counter premium over the issue price that dealers and investors pay prior to official listing on NSE/BSE.

How is estimated IPO listing price determined?

Estimated Listing Price = Cut-off / Issue Price + Current Grey Market Premium (GMP). For example, an issue price of ₹100 with ₹40 GMP yields an estimated listing price of ₹140 (+40%).

What is Kostak rate in an IPO?

Kostak rate is the fixed profit earned by selling an IPO application before allotment, irrespective of whether the application is allotted shares or not.

What is Subject to Sauda in IPO trading?

Subject to Sauda is an informal contract where payment is made only if the seller receives share allotment in the IPO.

Is IPO Grey Market Premium (GMP) regulated by SEBI?

No. Grey Market transactions are non-exchange over-the-counter commitments and are not officially regulated or endorsed by SEBI. Investors should treat GMP as an informal sentiment indicator.

What is the current subscription status of Konstelec Engineers Limited IPO?

Konstelec Engineers Limited IPO has received a total subscription of 341.85 times overall.

IPO GreyPremiumLIVE

Grey Market Intelligence

Konstelec Engineers Limited

ListedSME

Emerging 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

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

Overview Live GMP Subscription Status Allotment Status Filing Documents

Overall Subscription

341.85x

Total Demand

QIB Multiplier

113.80x

Institutions & Funds

NII / HNI

421.70x

High Net-Worth

Retail (RII)

437.62x

Individual Bidders

Category-Wise Subscription Breakup

Live bidding breakdown by institutional, non-institutional, and retail investors

Total 341.85x

Category	Shares Offered	Shares Applied / Bid	Times Subscribed
QIB	778,000	88,536,000	113.80x
NIB	586,000	247,114,000	421.70x
RETAIL	1,364,000	596,912,000	437.62x
Total	2,728,000	932,562,000	341.85x

Application-Wise Breakup

Total unique applications received across retail and HNI tranches

Apps 437.04x

Category	Applications Reserved	Applications Received	Times Subscribed
Retail (RII)	718	314,211	437.62x
HNIs (10L +)	5	2,109	421.70x
HNIs (2-10L)	22	9,277	421.70x
Total Applications	745	325,597	437.04x

Day-Wise Subscription Progress

Track continuous institutional and retail bidding order books for all active issues on the ipo live subscription feed.

About Konstelec Engineers Limited Public Issue & Market Profile

Konstelec Engineers Limited is bringing an initial public offering (IPO) in the Emerging SME Services sector with an aggregate issue size of ₹28.7 Crores. The shares are offered at a price band of ₹66 to ₹70 per equity share on NSE. Currently, market analysts recommend evaluating the company's financial valuation, price-to-earnings (P/E) multiple, and peer comparison prior to submitting bids.

Bidding & Quota Instructions:

The public offer consists of a fresh issue and offer-for-sale structured under SEBI regulations. Bidding is open to Qualified Institutional Buyers (QIB), Non-Institutional Bidders (NII/HNI), and Retail Individual Investors (RII). Applications can be submitted online using ASBA or UPI mandate through certified stock brokers and net banking portals.

Allotment Reconciliation Schedule:

Following the close of bidding on 2024-01-24, the basis of allotment is scheduled to be finalized on 2024-01-25. Investors can verify their application status online by submitting their PAN card number, Application Number, or DP Client ID on the registrar's official portal (Skyline Financial Services Private Limited) or the BSE allotment checking window.

Frequently Asked Questions

What is Konstelec Engineers Limited IPO GMP today?

The latest Grey Market Premium (GMP) for Konstelec Engineers Limited IPO is ₹105 per equity share. Based on the upper price band of ₹66 to ₹70 per equity share, the estimated listing price is ₹175 (+150.0% expected listing gain).

What is the expected profit per lot for Konstelec Engineers Limited IPO?

With a lot size of 2000 shares and current GMP of ₹105, the expected profit per application lot is approx ₹2,10,000 (+150.0% gain). Minimum application cost is approx ₹1,40,000.

What is the issue size and price band for Konstelec Engineers Limited IPO?

The Konstelec Engineers Limited IPO aggregate issue size is ₹28.7 Crores with an equity price band set at ₹66 to ₹70 per equity share. The retail lot size is 2000 shares requiring a minimum capital outlay of approx. ₹1,40,000.

How can I check Konstelec Engineers Limited IPO live subscription demand?

Live subscription figures are compiled real-time from the NSE and BSE bidding engines. Currently, overall subscription is 341.85x (Retail: 437.62x, QIB: 113.80x, NII: 421.70x). You can track live multiples directly on our dedicated subscription page.

Where and when will Konstelec Engineers Limited IPO allotment status be published?

The basis of allotment will be published on the official registrar portal (Skyline Financial Services Private Limited) and the BSE status verification website on or around 2024-01-25. Investors can verify status using PAN card or application number.

When is the listing date for Konstelec Engineers Limited IPO?

Konstelec Engineers Limited shares are scheduled to list on NSE on 2024-01-30.