IPO Details

Bondada Engineering Ltd
Registered Office: 1-1-27/37 Ashok Manoj Nagar, Kapra, Hyderabad - 500062, Telangana
Phone: +91 72070 34662
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		Money Payable On
Opens On	Closes On	Application	Allotment
18-Aug-2023	22-Aug-2023	₹ 75.00	₹ 0.00

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