KONSTELEC ENGINEERS IPO Subscription Open on Friday, January 19, 2024, and is close on January 23, 2024. KONSTELEC ENGINEERS IPO aims to generate approximately ₹28.70 crores through its IPO. Here’s a breakdown: 35% for retail investors, 50% for Qualified Institutional Buyers (QIB), and 15% for Non-Institutional Investors (NII). The share price is in the range of ₹66 to ₹70 per equity share. Don’t miss out on these details!
In the KONSTELEC ENGINEERS IPO, you need to buy at least 2000 shares, and the application amount is ₹14,000. This IPO is under NSE SME and will be listed on NSE SME soon.
IPOPremiums View
We suggest investors consider applying for an IPO with both short-term and long-term perspectives. It’s important to examine the QIB, NII, and Retail numbers before making any investment decisions.
KONSTELEC ENGINEERS IPO Subscription Status – Day 2
KONSTELEC ENGINEERS IPO subscribed 27.1 times. The public issue subscribed 41.55 times in the retail category, 7.09 times in QIB, and 20.02 times in the NII category by January 20, 2024 (Day 2).
IPO Category | Subscription Numbers |
---|---|
QIB | 7.09 |
NII | 20.02 |
RII | 41.55 |
Total | 27.1 |
Konstelec Engineers Limited was established on December 05, 1995, as a privately held company with a focus on Design Engineering. Since its inception, the company has evolved and broadened its services, consistently improving its technologies, systems, and processes, and diversifying its business activities. Functioning as an Engineering, Procurement, and Construction (EPC) company, Konstelec Engineers specializes in providing comprehensive project management, procurement support, and detailed engineering services for a variety of electrical infrastructure projects in India and internationally.
With a highly skilled team, robust project execution capabilities, and a client-centric approach, the company is dedicated to delivering high-quality, secure, and innovative solutions tailored to meet the specific needs of their clients. Konstelec Engineers’ expertise spans the entire project lifecycle, ensuring timely delivery and successful outcomes, even for the most intricate projects.