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| IPO Listing At | BSE SME |
| SME IPO Issue Type | Fixed Price Issue |
| Total Issue Size | ₹42.72 Cr |
| Reserved for Market Maker | ₹0.00 Cr |
| Net Issue Size | ₹42.72 Cr |
| Fresh Issue | ₹40.56 Cr |
| Face Value | ₹10 Per Equity Share |
| Issue Price | ₹75.00 per share |
| Discount | Retail: 0.00 |
| BSE Code | 543971 |
| Registrar | Kfin Technologies Ltd. |
| Lead Managers | Vivro Financial Services Pvt.Ltd. |
Disclaimer: GMP is sourced from grey market dealers and is indicative only. Always conduct your own due diligence.
* Allotment, Refund, Demat Credit & Listing dates are tentative and subject to change.
Minimum bid: 1,600 shares and in multiples thereof
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 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.
The Company proposes to utilise the Net Proceeds from the Issue towards the following objects:
| # | Issue Objects | Est Amt (₹ Cr.) |
|---|---|---|
| 1 | To meet long-term working capital requirements; and | 35.00 |
| 2 | General Corporate Purposes. | 5.41 |
| 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 | |||
| KPI | |
|---|---|
| ROE | 22.77% |
| ROCE | 35.63% |
| Debt / Equity | 1.07% |
| RoNW | 22.77% |
| PAT Margin | 4.92% |
| Metric | Pre IPO | Post IPO |
|---|---|---|
| EPS (₹) | 11.43 | |
| P/E (x) | 6.56 | |
| Promoter Holding | 86.00% | 63.33% |
| Market Cap | ₹162.02 Cr. | |
