Issue Price
₹75
Per Share
GMP
NIL
Grey Market
Est. Listing
₹75
Expected Price
Min. Application
₹240,000
2 lots × 1600 shares
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.
Bondada Engineering Ltd. proposes to utilise the net proceeds from the Issue for the following objects:
| Category | Shares Offered | % Issue | Amount (₹ Cr)* | Subscription |
|---|---|---|---|---|
| Market Maker | 288,000 | — | ₹2.16 Cr | — |
| TOTAL | 5,696,000 | 100.00% | ₹42.72 Cr | — |
| Category | Lots | Shares | Amount (₹) |
|---|---|---|---|
| Retail (Min) | 1 | 1,600 | ₹120,000 |
| Retail (Max) | 13 | 20,800 | ₹1,560,000 |
| sNII (Min) | 14 | 22,400 | ₹1,680,000 |
| bNII (Min) | 68 | 108,800 | ₹8,160,000 |
| Particulars | 31 Mar 2023 | 31-Mar-22 | 31-Mar-21 |
|---|---|---|---|
| Revenue from Operations | 37095.77 | 33420.96 | 28832.29 |
| EBITDA | N/A | N/A | N/A |
| Profit After Tax (PAT) | 1825.19 | 1013.53 | 920.55 |
| Net Worth | 7837.54 | 5789.41 | 4775.88 |
| Total Assets | 25115.46 | 15761.73 | 17091.69 |
| Reserves & Surplus | 6246.93 | 5707.41 | 4693.88 |
| Total Borrowings | 8422.65 | 3803.23 | 4667.31 |