Bondada Engineering’s IPO from 18 Aug

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Chennai, Aug 12: Hyderabad based infrastructure player Bondada Engineering Limited has set a fixed price issue at ₹75 per Equity Share for its maiden SME public offer. The SME initial public offering (“IPO” or “Offer”) of the Company will open on Friday, August 18, 2023, for subscription and closes on Tuesday, August 22, 2023. Investors can bid for a minimum of 1600 Equity Shares and in multiples of 1600 Equity Shares thereafter. The Public Issue of face value of ₹10 per Equity Share comprises of fresh issuance of equity shares worth Rs 4,272.00 Lakhs with no Offer for Sale (OFS) component. Bondada Engineering is a leading provider of core design, engineering, and O&M services for infrastructure projects. Their expertise, backed by a team of 550+ professionals, is evident from their successful track record.


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