ListedSMEKONSTELEC

Konstelec Engineers Limited

Konstelec Engineers Limited is an SME IPO raising ₹29 Cr at ₹66 – ₹70 a share. It listed on 30 Jan 2024 and trades at ₹64 today, −9.3% against its issue price of ₹70. The exchanges never published a subscription figure for it.

Get alerts on this company Company page Prospectus ↗

₹70

Issue price

₹64

Price now

−9.3%

Since issue price

30 Jan 2024

Listed on

Not publishedSubscription

The exchanges never published a subscription figure for this issue.

populated partly populated we hold nothing here — the tab says why

Terms of the issue

The mechanics of what is being sold. Held for every issue we track.

Price band₹66 – ₹70

Cut-off price₹70

Issue size₹29 Cr

Shares per lot2000

Minimum application₹1,40,000

Minimum quantity2000

Face value₹10

Listing exchanges—

ISININE0QEI01011

Bidding hours10:00 – 17:00 IST

Bidding window19 Jan 2024 – 24 Jan 2024

SME

What being an SME issue means here. SME issues list on NSE Emerge or BSE SME. They disclose less than mainboard issues, trade far more thinly, and — by regulation — the minimum application is a full lot worth roughly ₹1–1.5 lakh rather than about ₹15,000. That is why the minimum above is so much larger than for a mainboard issue.

Not here yet

Valuation against the issuer's named peers, what the fresh money funds, and the anchor-investor allocation come from reading the prospectus, which we do for current and upcoming issues — historical issues will not gain them.