Bondada Engineering’s initial public offering (IPO) will take place on August 18 and will end on August 22. Bondada Engineering is a BSE SME IPO that plans to raise 42.72 crore through the IPO. The Bondada Engineering IPO price band is set at 75, with a market lot of 1600 shares.
Bondada Engineering’s specialty is in providing core design and engineering services as well as O&M services in the infrastructure domain, with a proven track record of numerous project executions and a workforce of 550+ workers. They are recognized by the Economic Times as a “Telecom Infrastructure Services Provider” for 2021 and the Global India Business Forum as a “Company of the Year” for 2023. Bondada Engineering offers turnkey services for 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. They have installed approximately 11,600 telecom towers and poles to date, with over 7,700 installed in the last three fiscal years.
They also offer cell site maintenance with preventive and corrective maintenance of passive infrastructure and equipment, backup power systems, manning services and rigger supply, surveillance and corrective maintenance of optical fiber cable routes, and other maintenance-related facilities to telecom and tower operating companies. We also offer O&M services to our solar energy customers, such as testing and cleaning of solar panels, repair and replacement of damaged components, and solar panel inspection.
Bondada Engineering IPO Date & Price Band Details
| IPO Open: | August 18, 2023 |
| IPO Close: | August 22, 2023 |
| IPO Size: | Approx ₹42.72 Crores, 5,696,000 Equity Shares |
| Face Value: | ₹10 Per Equity Share |
| IPO Price Band: | ₹75 Per Equity Share |
| IPO Listing on: | BSE SME |
| Retail Quota: | 50% of the net offer |
| NII Quota: | 50% of the net offer |
Objects of the Issue:
- To meet long-term working capital requirements
- General corporate purposes.
Bondada Engineering IPO Review
- To be updated soon
Bondada Engineering IPO Market Lot
The Bondada Engineering IPO minimum market lot is 1600 shares with a ₹120,000 application amount.
| Application | Lot Size | Shares | Amount |
|---|---|---|---|
| Retail Minimum | 1 | 1600 | ₹120,000 |
| Retail Maximum | 1 | 1600 | ₹120,000 |
| S-HNI Minimum | 2 | 3200 | ₹240,000 |
Bondada Engineering IPO Dates
The Bondada Engineering IPO date is August 18, and the IPO close date is August 22. The IPO allotment date is August 25 and the IPO might list on August 30.
| IPO Open Date: | August 18, 2023 |
| IPO Close Date: | August 22, 2023 |
| Basis of Allotment: | August 25, 2023 |
| Refunds: | August 28, 2023 |
| Credit to Demat Account: | August 29, 2023 |
| IPO Listing Date: | August 30, 2023 |
Bondada Engineering IPO Form
How to apply Bondada Engineering IPO? –> You can apply Bondada Engineering IPO via ASBA available in your bank account. Just go to the online bank login and apply via your bank account by selecting the Bondada Engineering IPO in the Invest section. The other option you can apply Bondada Engineering IPO via IPO forms download via the BSE website.
Bondada Engineering Company Financial Report
| ₹ in Crores | |||
| Year | Revenue | Expense | PAT |
| 2020 | ₹- | ₹- | ₹- |
| 2021 | ₹288.32 | ₹276.69 | ₹9.21 |
| 2022 | ₹334.21 | ₹319.57 | ₹10.14 |
| 2023 | ₹370.96 | ₹347.18 | ₹18.25 |
Bondada Engineering IPO Valuation – FY2022
Check Bondada Engineering IPO valuations detail like Earning Per Share (EPS), Price/Earning P/E Ratio, Return on Net Worth (RoNW), and Net Asset Value (NAV) details.
| Earning Per Share (EPS): | ₹11.43 per Equity Share |
| Price/Earning P/E Ratio: | 6.56 |
| Return on Net Worth (RoNW): | 22.77% |
| Net Asset Value (NAV): | ₹49.27 per Equity Share |
Peer Group
- NA
Company Promoters
- Raghavendra Rao Bondada
- Neelima Bondada
- Satyanarayana Baratam
Bondada Engineering IPO Registrar
Kfin Technologies LimitedPhone: 04067162222, 04079611000
Email: bel.ipo@kfintech.com
Website: https://kosmic.kfintech.com/ipostatus
Company Address
Bondada Engineering Limited
1-1-27/37,
Ashok Manoj Nagar Kapra,
Hyderabad – 500062
Phone: +91 72070 34662
Email: cs@bondada.net
Website: https://bondada.net
Bondada Engineering IPO Lead Managers aka Merchant Bankers
- Vivro Financial Services Private Limited
Bondada Engineering IPO FAQs :
Q1. What is Bondada Engineering IPO?
Ans. Bondada Engineering IPO is an BSE SME IPO. They are going to raise ₹42.72 Crores via IPO. The issue is priced at ₹75 per equity share. The IPO is to be listed on BSE.
Q2. When Bondada Engineering IPO will open?
Ans. The IPO is to open on August 18, 2023 for QIB, NII, and Retail Investors.
Q3. What is Bondada Engineering IPO Investors Portion?
Ans. The investors’ portion for QIB is 50%, NII is 15%, and Retail is 35%.
Q4. How to Apply the Bondada Engineering IPO?
Ans. You can apply Bondada Engineering IPO via ASBA online via your bank account. You can also apply for ASBA online via UPI through your stock brokers. You can also apply via your stock brokers by filling up the offline form.
Q5. How to Apply the Bondada Engineering IPO through Zerodha?
Ans. Log in to Console in Zerodha Website or in Application. Go to Portfolio and Click on IPO. You will see the IPO Name “Bondada Engineering”. Click on Bid Button. Enter your UPI ID, Quantity, and Price. Submit IPO Application Form. Now go to your UPI App on Net Banking or BHIM App to Approve the mandate. Open Demat Account with Zerodha.
Q6. How to Apply the Bondada Engineering IPO through Upstox?
Ans. Log in to Upstox Application with your credentials. Select the IPO. You will see the IPO Name “Bondada Engineering”. Click on Bid Button. Confirm your application. Now go to your UPI App on Net Banking or BHIM App to Approve the mandate. Open Demat Account with Upstox.
Q7. How to Apply the Bondada Engineering IPO through Paytm Money?
Ans. Log in to Paytm Money Application with your credentials. Select the IPO. You will see the IPO Name “Bondada Engineering”. Click on Bid Button. Confirm your application. Now go to your UPI App on Net Banking or BHIM App to Approve the mandate. Open Demat Account with Paytm Money.
Q8. What is Bondada Engineering IPO Size?
Ans. Bondada Engineering IPO size is ₹42.72 crores.
Q9. What is Bondada Engineering IPO Price Band?
Ans. Bondada Engineering IPO Price Band is ₹75 per equity share.
Q10. What is Bondada Engineering IPO Minimum and Maximum Lot Size?
Ans. The IPO bid is 1600 shares with ₹120,000.
Q11. What is Bondada Engineering IPO Allotment Date?
Ans. Bondada Engineering IPO allotment date is August 25, 2023.
Q12. What is Bondada Engineering IPO Listing Date?
Ans. Bondada Engineering IPO listing date is August 30, 2023. The IPO to list on BSE SME.
