Today, in this post we’ll discuss about Bondada Engineering Share 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.
Bondada Engineering shares have made investors rich in just 8 months. The IPO of the company came in August 2023 for Rs 75.
Shares of Bondada Engineering have crossed Rs 850 on 28 March 2024. The shares of the company have yielded over 1000% for investors over the last eight months.
The 52-week high level of Bondada Engineering shares is Rs 949.95. In the same way, the 52-week low of the share price of the firm can be found at 142.50.
Shares Jumped From Rs 75 And Rs 850
The IPO of Bondada Engineering was opened on 18 August 2023 and it remained open till 22 August.
The IPO of the company came to Rs 75. The shares of the company are listed on August 30, 2023, for Rs 142.50.
There has been a massive increase in the share price of Bondada Engineering since the listing.
Bondada Engineering’s shares have risen by 1037% when compared to the price at which they were issued. Bondada Engineering shares closed at Rs 852.15 on March 28, 2024.
Company’s IPO Was Viewed By 112 People
The IPO of Bondada Engineering was subscribed a total of 112.28 times.
The quota of retail investors in the company’s IPO was subscribed 100.05 times. Whereas in other categories, bets were placed 115.46 times.
Retail investors could bid for 1 lot in the company’s IPO. There were 1600 shares in one lot of IPO. Investors had to invest Rs 120000 for 1 lot.
Before the public issue, the promoters’ stake in the company was 86 percent, which has now come down to 63.33 percent. Bondada Engineering was started in 2012.
Bondada Engineering provides EPC as well as Operations & Maintenance services to companies across industries like Telecom and Solar Energy industries.
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 | ₹ 1,841 Cr. |
| Current Price | ₹ 852 |
| 52-wk High | ₹ 950 |
| 52-wk Low | ₹ 142 |
| Stock P/E | 104 |
| Book Value | ₹ 62.8 |
| Dividend | 0.00 % |
| ROCE | 22.3 % |
| ROE | 26.1 % |
| Face Value | ₹ 10.0 |
| P/B Value | 13.6 |
| 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 Ltd 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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