Today, in this post we’ll discuss about Bondada Engineering latest news, fundamentals, potential growth areas, and all sorts of information regarding this company to gain a better understanding. We hope our analysis will provide you better insight about the company.
A dramatic increase is witnessed in the price of shares at Bondada Engineering. The company’s shares reached the level of Rs 1005 on Friday and an upward circuit of 5 percent.
The shares from Bondada Engineering have also made their 52-week record on Friday. The shares of the company have seen investors make a fortune within just six months.
Its IPO of Bondada Engineering came only 6 months ago, and the company’s shares have yielded impressive yields of over 1200% to investors.
IPO Was Priced At Rs 75. Now, Shares Are Rs. 1005
IPO of Bondada Engineering was opened on 18 August 2022 and continued to remain open until August 22.
The price of shares for the company during the IPO was 75 rupees. The shares from Bondada Engineering were listed at the price of 142.50 on the 30th of August 2023.
Since the announcement, it has witnessed an explosive rise in the stock of this company.
Bondada Engineering shares have risen 12400% over the initial price of 75 rupees. The 52-week low for Bondada Engineering shares is 142.50.
This year the bonds of Bondada Engineering have gained a phenomenal 141 percent.
The company’s share was closed at Rs 1005. At the start of the year, on the 1st of January, 2024 that has since surpassed the threshold of Rs 1000.
Bets Were Placed On The IPO On More Than 112 Times
Bondada Engineering’s IPO, Bondada Engineering, was subscribed a total of 112.28 times. The retail investor quota of this company’s IPO was a whopping 100.25 times.
The same way for the second class bets were placed 115.46 often. Retail investors can place bets on one lot of this company’s IPO.
The company had 1600 shares of an entire lot in the IPO. It means that investors from the retail market are required to invest around 120000 rupees.
Before the IPO the stake of promoters of the business was 86% which has been reduced to 63.33 percent.
About Bondada Engineering Ltd
Bondada Engineering Ltd offers engineering, procurement, and construction services (EPC) as well as operation and maintenance (O&M).
The company offers design and engineering, as well as O&M in the telecom infrastructure and infrastructure space.
Turnkey services are provided for the construction of cell sites, the erection and operation of telecom towers, as well as their maintenance, with civil, mechanical, and electrical works.
It also includes the supply of poles and towers, laying and maintenance of optical fiber cables, supply of power equipment, and other telecom infrastructure-related services.
Fundamental Analysis of Bondada Engineering
| Market Cap | ₹ 2,171 Cr. |
| Current Price | ₹ 1,005 |
| 52-wk High | ₹ 1,005 |
| 52-wk Low | ₹ 142 |
| Stock P/E | 122 |
| Book Value | ₹ 62.8 |
| Dividend | 0.00 % |
| ROCE | 22.3 % |
| ROE | 26.1 % |
| Face Value | ₹ 10.0 |
| P/B Value | 16.0 |
| OPM | 8.33 % |
| EPS | ₹ 11.2 |
| Debt | ₹ 65.0 Cr. |
| Debt to Equity | 0.48 |
Bondada Engineering Share Price Target 2024 To 2030
| Year | 1st Target | 2nd Target |
| 2024 | ₹ 900 | ₹ 1100 |
| 2025 | ₹ 1234 | ₹ 1354 |
| 2026 | ₹ 1486 | ₹ 1567 |
| 2027 | ₹ 1690 | ₹ 1790 |
| 2028 | ₹ 1897 | ₹ 1987 |
| 2029 | ₹ 2000 | ₹ 2132 |
| 2030 | ₹ 2235 | ₹ 2375 |
Bondada Engineering Shareholding Pattern
| Promoters Holding | |
| Dec 2022 | — |
| Mar 2023 | — |
| June 2023 | — |
| Sept 2023 | 63.33% |
| Dec 2023 | 63.33% |
| FII Holding | |
| Dec 2022 | — |
| Mar 2023 | — |
| June 2023 | — |
| Sept 2023 | 0.01% |
| Dec 2023 | 0.48% |
| Public Holding | |
| Dec 2022 | — |
| Mar 2023 | — |
| June 2023 | — |
| Sept 2023 | 36.66% |
| Dec 2023 | 36.20% |
Bondada Engineering Ltd Share: Last 5 Years’ Financial Condition
To better understand how the market is performing, let’s look at the outlook of this share in the previous years.
However, investors should be aware of the risks and the market conditions before making any investment decision.
Last 5 Years’ Sales:
| 2019 | ₹ 224 Cr |
| 2020 | ₹ 229 Cr |
| 2021 | ₹ 287 Cr |
| 2022 | ₹ 334 Cr |
| 2023 | ₹ 371 Cr |
Last 5 Years’ Net Profit:
| 2019 | ₹ 11 Cr |
| 2020 | ₹ 10 Cr |
| 2021 | ₹ 9 Cr |
| 2022 | ₹ 10 Cr |
| 2023 | ₹ 18 Cr |
Last 10 Years’ Profit Growth:
| 10 Years: | — |
| 5 Years: | — |
| 3 Years: | 21% |
| Current Year: | 76% |
Last 10 years’ Return on Equity (ROE):
| 10 Years: | — |
| 5 Years: | — |
| 3 Years: | 22% |
| Last Year: | 26% |
Sales Growth Over 10 Years:
| 10 Years: | — |
| 5 Years: | — |
| 3 Years: | 17% |
| Current Year: | 11% |
Conclusion
This article is a complete guide about Bondada Engineering Share.
These information and forecasts are based on our analysis, research, company fundamentals and history, experiences, and various technical analyses.
Also, We have talked in detail about the share’s future prospects and growth potential.
Hopefully, these informations will help you in your further investment.
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