Konstelec Engineers IPO vs Qualitek Labs IPO

Comparision between Konstelec Engineers IPO and Qualitek Labs IPO.

IPO Details

Konstelec Engineers IPO is a SME Fixed Price Issue IPO proposed to list at NSE SME while Qualitek Labs IPO is a SME Fixed Price Issue proposed to list at BSE SME.

	Konstelec Engineers IPO	Qualitek Labs IPO
Logo
Issue Category	SME	SME
Issue Type	IPO	IPO
Process Type	Book Built Issue	Fixed Price Issue
Listing At	NSE SME	BSE SME
Lead Managers	Beeline Capital Advisors Pvt Ltd	Oneview Corporate Advisors Private Limited
Registrar	Skyline Financial Services Private Ltd	Skyline Financial Services Private Ltd
Market Maker	Spread X Securities Private Limited	Nikunj Stock Brokers Limited
DRHP	DRHP	DRHP
RHP	RHP	RHP
Anchor Investor	Anchor Investor
IPO Allotment URL	IPO Allotment URL	IPO Allotment URL

Issue Size and Price

The total issue size of Konstelec Engineers IPO is up to ₹28.70 Cr whereas the issue size of the Qualitek Labs IPO is up to ₹19.64 Cr. The final issue price of Konstelec Engineers IPO is ₹70.00 per share and of Qualitek Labs IPO is ₹100.00 per share.

	Konstelec Engineers IPO	Qualitek Labs IPO
Face Value	₹10 per share	₹10 per share
Issue Price (Lower)	₹66.00 per share
Issue Price (Upper)	₹70.00 per share
Issue Price (Final)	₹70.00 per share	₹100.00 per share
Discount (Retail)
Discount (Employee)
Market Lot Size	2000 shares	1200 shares
Fresh Issue Size	41,00,000 shares	19,64,400 shares
Fresh Issue Size (Amount)	up to ₹28.70 Cr	up to ₹19.64 Cr
OFS Issue Size
OFS Issue Size (Amount)
Issue Size Total	41,00,000 shares	19,64,400 shares
Issue Size Total (Amount)	up to ₹28.70 Cr	up to ₹19.64 Cr

IPO Timetable

Konstelec Engineers IPO opens on Jan 19, 2024, while Qualitek Labs IPO opens on Jan 18, 2024. The closing date of Konstelec Engineers IPO and Qualitek Labs IPO is Jan 24, 2024, and Jan 23, 2024, respectively.

	Konstelec Engineers IPO	Qualitek Labs IPO
Anchor Bid Date	Jan 18, 2024
Issue Open	Jan 19, 2024	Jan 18, 2024
Issue Close	Jan 24, 2024	Jan 23, 2024
Basis Of Allotment (Tentative)	Jan 25, 2024	Jan 24, 2024
Initiation of Refunds (Tentative)	Jan 29, 2024	Jan 25, 2024
Credit of Share (Tentative)	Jan 29, 2024	Jan 25, 2024
Listing date (Tentative)	Jan 30, 2024	Jan 29, 2024
Anchor Lockin End date 1	Feb 24, 2024	Feb 23, 2024
Anchor Lockin End date 2	Apr 24, 2024	Apr 23, 2024

Financials

Konstelec Engineers IPO P/E ratio is 9.9, as compared to Qualitek Labs IPO P/E ratio of 18.21.

Konstelec Engineers IPO

Qualitek Labs IPO

Financial

Konstelec Engineers Limited Financial Information (Restated Consolidated)

Konstelec Engineers Limited's revenue increased by 42.17% and profit after tax (PAT) rose by 120.8% between the financial year ending with March 31, 2023 and March 31, 2022.

Period Ended	30 Sep 2023	31 Mar 2023	31 Mar 2022	31 Mar 2021
Assets	16,223.23	14,612.99	11,884.44	10,364.02
Revenue	9,434.05	15,500.05	10,902.31	10,617.16
Profit After Tax	456.16	777.77	352.25	190.34
Net Worth	6,647.68	6,191.50	5,423.73	5,071.48
Reserves and Surplus	5,547.68	6,091.50	5,323.73	4,971.48
Total Borrowing	4,109.45	3,507.15	2,650.59	2,548.12
Amount in ₹ Lakhs

Qualitek Labs Limited Financial Information (Restated Standalone)

Qualitek Labs Limited's revenue increased by 61.03% and profit after tax (PAT) rose by 161.43% between the financial year ending with March 31, 2023 and March 31, 2022.

Period Ended	30 Sep 2023	31 Mar 2023	31 Mar 2022	31 Mar 2021
Assets	4,409.68	3,955.61	2,219.86	1,459.88
Revenue	1,250.74	1,935.13	1,201.73	637.44
Profit After Tax	200.93	296.91	113.57	46.11
Net Worth	1,187.46	986.52	189.61	-22.96
Reserves and Surplus	646.71	445.77	143.61	-23.96
Total Borrowing	2,499.59	2,344.67	1,728.68	1,121.82
Amount in ₹ Lakhs

Promoter Shareholding (Pre-Issue)

91.65%

99.99%

Promoter Shareholding (Post-Issue)

66.77%

73.35%

P/E Ratio

9.9

18.21

Market Cap

₹105.70 Cr.

₹73.72 Cr.

ROE

13.39%%

50.49%%

ROCE

16.81%%

13.76%%

Debt/Equity

0.57

EPS

₹7.07

₹5.49

RoNW

12.56%%

30.10%%

Shares Offered

In the Konstelec Engineers IPO retail investors (RII) are offered 13,64,000 shares while in Qualitek Labs IPO retail investors are offered 13,64,000 shares. Qualified institutional buyers (QIB) are offered 7,78,000 shares in Konstelec Engineers IPO and 0 shares in Qualitek Labs IPO.

	Konstelec Engineers IPO	Qualitek Labs IPO
Anchor Investor Reserveration	11,66,000 shares
Market Maker Reserveration	2,06,000 shares	99,600 shares
QIB	7,78,000 shares	0 shares
NII	5,86,000 shares	9,32,400 shares
RII	13,64,000 shares	9,32,400 shares
Employee	0 shares	0 shares
Others
Total	27,28,000 shares	18,64,800 shares

Bids Received (Subscription)

Konstelec Engineers IPO subscribed 341.80x in total, whereas Qualitek Labs IPO subscribed 58.95x.

	Konstelec Engineers IPO	Qualitek Labs IPO
QIB (times)	113.80x
NII (times)	421.36x	69.37x
Big NII (times)
Small NII (times)
RII (times)	437.67x	39.23x
Employee (times)
Other (times)
Total (times)	341.80x	58.95x

Compare with others

Konstelec Engineers IPO	Qualitek Labs IPO
Baweja Studios IPO	Megatherm Induction IPO
Fonebook IPO	DelaPlex IPO
Brisk Technovision IPO	Baweja Studios IPO
Qualitek Labs IPO	Fonebook IPO
Euphoria Infotech India IPO	Brisk Technovision IPO
Maxposure IPO	Euphoria Infotech India IPO
Shree Marutinandan Tubes IPO	Konstelec Engineers IPO
Australian Premium Solar (India) IPO	Maxposure IPO
Lawsikho IPO	Shree Marutinandan Tubes IPO
IBL Finance IPO	Australian Premium Solar (India) IPO

Comments

Add a public comment...