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Konstelec Engineers Ltd

Registered Office : 308 Creative Industrial Estate,Sunder Nagar Lane No 2,Mumbai Maharashtra 400098 Phone : 91-22-43421551
Fax :

Email : compliance@konstelec.com

Website : www.konstelec.com

Public issue of 4100000 equity shares of face value of Rs. 10/- each ("Equity Shares") of Konstelec Engineers Limited ("Konstelec" "KEL", "KEPL" or the "Company" or the "Issuer") for cash at a price of Rs. 70 per equity share including a share premium of Rs. 60 per equity share (the "Issue Price") aggregating to Rs. 28.70 crores ("The Issue"), of which 206000 equity shares of face value of Rs. 10/- each for cash at a price of Rs. 70 per equity share including a share premium of Rs. 60 per equity share aggregating to Rs. 1.44 crores will be reserved for subscription by market maker to the issue (the "Market Maker Reservation Portion"). The issue less the market maker reservation portion i.e. net issue of 3894000 equity shares of face value of Rs. 10/- each at a price of Rs. 70 per equity share including a share premium of Rs. 60 per equity share aggregating to Rs. 27.26 crores is herein after referred to as the "Net Issue". The issue and the net issue will constitute 27.15 % and 25.79 % respectively of the post issue paid up equity share capital of the company. The face value of the equity shares is Rs. 10/- each. The face value of the equity shares is Rs. 10/- each and the issue price is Rs. 70. the issue price is 7.00 times of the face value.

Issue

Opens On

Closes On

19-Jan-2024

24-Jan-2024

Money Payable On

Application

Allotment

70.00

0.00

Minimum Application for shares in Nos : 2000.0 Further Multiples of : 2000.0

₹Cr

Lead Managers to the Issue

Project Cost (₹.Cr)

Project Financed through Current Offer (₹.Cr)

Post Issue Equity Share Capital (₹.Cr)

Issue Price (₹.Cr)

25.00

28.70

15.10

70.00

Beeline Capital Advisors Pvt Ltd

Projects

To meet working capital requirements

General corporate purposes

Promoted By

Biharilal Ravilal Shah

Amish Biharilal Shah

Listing At

NSE - SME

Registrar to the Issue

Skyline Financial Services Pvt