IPO

IPO Synopsis

Bondada Engineering Ltd
  • Registered Office: 1-1-27/37 Ashok Manoj Nagar,Kapra, Hyderabad - 500062, Telangana, India. Phone : +91 72070 34662   Fax:
  • Email : cs@bondada.net
  • Website :www.bondada.net
Initial public issue of 56,96,000 equity shares of face value of Rs. 10/- each of Bondada Engineering Limited ("BEL" or the "Company" or the "Issuer") for cash at a price of Rs. 75/- per equity share including a share premium of Rs. 65/- per equity share (the "Issue Price") aggregating upto Rs. 42.72 crores ("The Issue"), of which 2,88,000 equity shares of face value of Rs. 10/- each for cash at a price of Rs. 75/- per equity share including a share premium of Rs. 65/- per equity share aggregating to Rs. 2.16 crores will be reserved for subscription by market maker to the issue (the "Market Maker Reservation Portion"). The issue less the market maker reservation portion i.e., net issue of 54,08,000 equity shares of face value of Rs. 10/- each at a price of Rs. 75/- per equity share including a share premium of Rs. 65/- per equity share aggregating to Rs. 40.56 crores is herein after referred to as the "Net Issue". The issue and the net issue will constitute 26.37% and 25.03%, respectively, of the post issue paid up equity share capital of the company. The face value of the equity shares is Rs. 10/- each.
Issue
Opens On Closes On
18-Aug-23 22-Aug-23
Money Payable On
Application Allotment
75.00 0.00
Minimum Application for shares in Nos : 1600 Further Multiples of : 1600
Cr Lead Managers to the Issue
Project Cost (.Cr) 40.41 Vivro Financial Services Pvt Ltd
Project Financed through Current Offer (.Cr) 42.72  
Post Issue Equity Share Capital (.Cr) 21.60
Issue Price () 75.00
Projects
Utilization towards long-term working capital requirements of the company
General corporate purposes
Promoted By
Raghavendra Rao Bondada
Neelima Bondada
Satyanarayana Baratam
Listing At
BSE - SME
Registrar to the Issue
KFin Techologies Ltd