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Open
18 Aug 2023
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Close
22 Aug 2023
3
Allotment
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Listing
Wed, Aug 30, 2023
Price Band
₹75 per share
Issue Size
56,96,000 shares (agg. up to ₹43 Cr)
Lot Size
1,600 Shares
Listing Date
Wed, Aug 30, 2023
Latest GMP
₹60
Est. Gain
80%
✦ AI Insight
GMP Trend
30-08-2023₹60Est. ₹135+80%
29-08-2023₹60Est. ₹135+80%
28-08-2023₹62Est. ₹137+82.67%
Live Subscription
| Category | Subscription (times) |
|---|---|
| Total | 110.92x |
Restated Financials (₹ Cr.)
| Period Ended | 31 Mar 2023 | 31 Mar 2022 | 31 Mar 2021 |
|---|---|---|---|
| Assets | 251.15 | 157.62 | 170.92 |
| Total Income | 370.96 | 334.21 | 288.32 |
| Profit After Tax | 18.25 | 10.14 | 9.21 |
| NET Worth | 78.38 | 57.89 | 47.76 |
| Reserves and Surplus | 62.47 | 57.07 | 46.94 |
| Total Borrowing | 84.23 | 38.03 | 46.67 |
| Amount in ₹ Crore |
Peer Comparison
| Company | Issue Type | Issue Size | Issue Price | PE Ratio | Listing Day Close | Listing Gain/Loss % | LTP |
|---|---|---|---|---|---|---|---|
| Kore Digital Ltd. | SME | ₹18.00 Cr | ₹180 | 17.86 | ₹190.95 | +6.08% | ₹116.55 (+2.37%) |
Objects of the Issue
| # | Issue Objects | Est Amt (₹ Cr.) |
|---|---|---|
| 1 | To meet long-term working capital requirements; and | 35.00 |
| 2 | General Corporate Purposes. | 5.41 |
About Bondada Engineering IPO
Incorporated in 2012, Bondada Engineering Limited provides engineering, procurement, and construction (EPC) services and operations and maintenance (O&M) services to companies operating in the telecom and solar energy industry. The company provides passive telecom infrastructure services which include cell site construction, erection, operation, and maintenance of telecom towers with civil, electrical, and mechanical works; supply of poles and towers, laying and maintenance of optical fiber cables, supply of power equipment and other telecom infrastructure related services to major telecom companies and telecom tower operators in India. The company has installed over 11,600 telecom towers and poles out of which, 7,700 telecom towers and poles were installed in the last three fiscal. Bondada Engineering also provides O&M services to telecom and tower operating companies such as cell site maintenance with preventive and corrective maintenance of passive infrastructure and equipment, backup power systems, manning services and supply of riggers, surveillance, and corrective maintenance of optical fiber cable routes and other maintenance related facilities. Bondada's manufacturing facil
Contact Details
Bondada Engineering Ltd. Address1-1-27/37Ashok Manoj Nagar KapraHyderabad, Telangana, 500062+91 72070 34662cs@bondada.netVisit Website