Konstelec Engineers IPO Subscription Details

Bookbuilding IPO | ₹29 Cr | Listed at NSE SME | Fri, Jan 19, 2024 - Wed, Jan 24, 2024

Basis of Allotment - Konstelec Engineers IPO

Category QIB NII Retail Total
Ex. Anchor Anchor Investor Total QIB
Allocation (No. of shares)7,78,00011,66,00019,44,0005,86,00013,64,00038,94,000
Allotment price (Rs.)707070707070
No.of applications5275918,8992,92,4773,11,435
No.of shares applied8,51,40,00011,66,0008,63,06,00024,71,26,00058,49,54,00091,83,86,000
Amount collected (Rs.cr.)595.98 8.16 604.14 1,729.88 4,094.68 6,428.70
No.of times subscribed109.431.0044.40421.72428.85235.85
No.of shares allotted7,78,00011,66,00019,44,0005,86,00013,64,00038,94,000
Amount (Rs.cr.)5.45 8.16 13.61 4.10 9.55 27.26
No.of allottees517582606821,000

IPO Shares Offered

Konstelec Engineers IPO is a public issue of 0.39 Cr equity shares. The issue offers 0.14 Cr shares to retail investors, 0.19 Cr shares to qualified institutional buyers, and 0.06 Cr shares to non-institutional investors.

CategoryShares OfferedAmt (₹ Cr.)Size (%)
Market Maker2,06,0001.44 5.02%
QIB 19,44,00013.61 47.41%
    Anchor 11,66,000 8.16 28.44%
    QIB (Ex Anchor) 7,78,000 5.45 18.98%
NII* 5,86,0004.10 14.29%
Retail13,64,0009.55 33.27%
Total41,00,00028.70 100%

Konstelec Engineers IPO Anchor Investor Allocation

A total of 11,66,000 shares at a price of Rs 70 per share will be allotted to the anchor investors.

Anchor investors bid opening dateJan 18, 2024
Anchor investor price₹70.00
Anchor investors as % of QIBs59.98%
No. of shares locked-in for 30 days5,83,000
No. of shares locked-in for 90 days5,83,000
S.No.Anchor InvestorGroup EntityNo. of Shares AllottedAmount (Rs.cr.)% Allotment within Anchor Investor Portion% Allotment of Issue
1 FINAVENUE GROWTH FUND FINAVENUE 2,86,000 2.00 24.53 6.98
2 INDIA MAX INVESTMENT FUND LTD. INDIA MAX INVESTMENT FUND LTD. 1,60,000 1.12 13.72 3.90
3 MONEYWISE FINANCIAL SERVICES PVT.LTD. MONEYWISE FINANCIAL SERVICES 1,44,000 1.01 12.35 3.51
4 RAJASTHAN GLOBAL SECURITIES PVT.LTD. RAJASTHAN GLOBAL SECURITIES 1,44,000 1.01 12.35 3.51
5 NEXUS GLOBAL OPPORTUNITIES FUND NEXUS 1,44,000 1.01 12.35 3.51
6 MINERVA EMERGING OPPORTUNITIES FUND LTD. MINERVA 1,44,000 1.01 12.35 3.51
7 PERSISTENT GROWTH FUND PERSISTENT 1,44,000 1.01 12.35 3.51
11,66,0008.1610028.44

IPO Subscription FAQs

The Konstelec Engineers IPO is subscribed 341.8 times by Jan 24, 2024 19:30.

Konstelec Engineers IPO Subscription

Investor Category Subscription (times)
Qualified Institutional113.8
Non Institutional421.36
Retail Individual437.67
Total Subscription341.8

Retail category of Konstelec Engineers IPO subscribed 437.67 times as of date Jan 24, 2024 19:30. The public issue closes on Wed, Jan 24, 2024 for bidding.

An investor can apply in Konstelec Engineers IPO online via bank (using ASBA) or the broker (using UPI). The Konstelec Engineers IPO shares are offered online only.

The Konstelec Engineers IPO is subscribed 341.8 times by Jan 24, 2024 19:30.

The Konstelec Engineers IPO allotment status is expected on or around Thursday, January 25, 2024. Visit Konstelec Engineers IPO allotment status to check.

The Konstelec Engineers IPO listing date is January 30, 2024. The equity share of Konstelec Engineers IPO will list on NSE SME.

Visit Konstelec Engineers IPO subscription status page for real-time bidding information about Konstelec Engineers IPO.

Konstelec Engineers IPO Timetable

IPO opens OnFriday, January 19, 2024
IPO Closes OnWednesday, January 24, 2024
Finalisation of Basis of AllotmentThursday, January 25, 2024
Initiation of RefundsMonday, January 29, 2024
Credit of Shares to Demat AccountMonday, January 29, 2024
IPO Listing DateTuesday, January 30, 2024
Open an Instant Account with Zerodha