Konstelec Engineers Limited IPO
Konstelec Engineers Limited was a SME IPO in the Civil Construction sector, offered at ₹66–₹70 per share to raise ₹29 crore. It listed on 30 Jan 2024 at ₹210 and closed its first day at ₹220, a listing gain of +215.0% versus the ₹70 issue price. It now trades around ₹44 (-37.4% versus the issue price).
Frequently asked questions
- What were the Konstelec Engineers Limited IPO listing gains?
- Konstelec Engineers Limited listed on 30 Jan 2024 at ₹210, closing its first day at ₹220 — a listing gain of +215.0% versus the ₹70 issue price.
- What was the price band and lot size of the Konstelec Engineers Limited IPO?
- The price band was ₹66–₹70 per share, with a minimum lot of 2,000 shares (₹1,40,000 at the upper band).
- Who were the registrar and lead manager for the Konstelec Engineers Limited IPO?
- Skyline Financial Services Private Limited was the registrar, and Beeline Capital Advisors was the book-running lead manager.