Bondada Engineering Limited IPO (Bondada Engineering IPO)

Bondada Engineering Limited IPO
Upcoming Bondada Engineering IPO | New Bondada Engineering IPO

Bondada Engineering Limited is engaged in the business of providing 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 facility is located in Keesara Mandal, Medchal, Telangana, with an installation capacity of ~12 thousand MTPA for tower fabrication. The company has over 550 employees.

Bondada Engineering IPO

Bondada Engineering IPO – Details

IPO Opening Date18 August 2023
IPO Closing Date22 August 2023
Issue TypeFixed Price Issue IPO
Issue Size56,96,000 Shares Worth ₹42.72 Crore
Fresh Issue: 56,96,000 Shares Worth ₹42.72 Crore
Face Value₹10 per equity share
IPO Price₹75
Market Lot1600 Share
Min Order1600 Share (1 Lot)
Listing AtBSE SME
RegisterKfin Technologies Limited
Other Shares Offered50%
Retail Shares Offered50%

Bondada Engineering IPO – Date Schedule

IPO Open Date18 August 2023
IPO Close Date22 August 2023
Basis of Allotment28 August 2023
Initiation of Refund29 August 2023
Credit of Shares to Demat Account29 August 2023
IPO Listing Date30 August 2023
Cut-off time for UPI mandate confirmation5 PM on 22 Aug, 2023

Bondada Engineering IPO – Lots Size & Price

ApplicationLotsSharesAmount ( Cut-Off)
Retail (Minimum)116001,20,000
Retail (Maximum)116001,20,000
HNI (Minimum)232002,40,000

Competitive Strengths

  • Experienced management team.
  • Existing relationship with customers.
  • On time completion of the projects.
  • Quality assurance.
  • Strong management information systems.
  • Scalable business model.

Company Promoters

  • Raghavendra Rao Bondada
  • Neelima Bondada
  • Satyanarayana Baratam

Object Of The Issue

  • To meet long-term working capital requirements.
  • General Corporate Purposes.
Bondada Engineering Limited IPO

Company Financial

ParticularsTotal RevenueTotal ExpenseProfit After TaxTotal Borrowing
31 March 2021288.32276.699.2046.67
31 March 2022334.20319.5610.1338.03
31 March 2023370.95347.1818.2584.22
Amount in ₹ Crore

Key Performance Indicator

P/E (x)6.56
Market Cap (₹ Cr.)162.02
EPS (Rs)11.43

Bondada Engineering IPO Promoter Holding

Pre Issue Share Holding86.00%
Post Issue Share Holding63.33%

Bondada Engineering IPO Prospectus

Company Contact Information

Bondada Engineering Limited

Ashok Manoj Nagar Kapra,
Hyderabad – 500062

Phone: +91 72070 34662

Bondada Engineering IPO Registrar

Kfin Technologies Limited

04067162222, 04079611000

Bondada Engineering IPO Lead Manager(s)

1. Vivro Financial Services Private Limited

Bondada Engineering IPO FAQs

Bondada Engineering IPO FAQs
What is Bondada Engineering IPO?

Bondada Engineering IPO is a SME IPO. The issue is priced at ₹75 per equity share. The IPO is to be listed on BSE SME.
When Bondada Engineering IPO will open?

The IPO is to open on  18 August 2023 for NII and Retail Investors.
How to Bondada Engineering IPO?

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.
How to Apply the Bondada Engineering IPO through 5 Paisa?

Log in to 5 Paisa 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 5 Paisa.
How to Apply the Bondada Engineering IPO through Edelweiss?

Log in to Angle One 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 Edelweiss.
What is Bondada Engineering IPO Size?

Bondada Engineering IPO size is ₹42.72 crores.
What is Bondada Engineering IPO Price Band?

Bondada Engineering IPO Price Band is ₹75.
What is Bondada Engineering IPO Minimum and Maximum Lot Size?

The minimum bid is 1600 Shares with ₹1,20,000 amount while the maximum bid is 1600 shares with ₹1,20,000.
What is the Bondada Engineering IPO Allotment Date?

Bondada Engineering IPO allotment date is  28 August 2023.
What is the Bondada Engineering IPO Listing Date?

Bondada Engineering IPO listing date is 30 August 2023. The IPO is to list on BSE SME.
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