|Issue Date||12/07 - 17/07|
|Issue Size||₹35.87 Cr|
|Market Lot||125 Shares|
|Shares on Offer||3,321,000|
|Subject to Sauda||N/A|
Salasar Techno Engineering Limited is a leading provider of Steel Solutions in India with global operations spread throughout Asia and Africa. The objective of the company is to supply customized, high-quality material to its impressive and ever-growing clientele. The company provides 360 degree solutions by carrying out engineering, designing, fabrication, galvanization and deployment. Its products include Telecommunication Towers, Power Transmission Line Towers, Smart Lighting Poles, Monopoles, Cable Trays, Guard Rails, Substation Structures, Solar Module Mounting Structures, Railway Components, Cold Formed Steel Structures, and Customized Galvanized and Non-galvanized steel structures. Its services include providing complete Engineering, Procurement and Control for projects such as Rural Electrification.
Incorporated in 2001, Salasar Techno Engineering Ltd engaged in manufacturing galvanized steel products. Company's products include telecommunication towers, power transmission line towers, smart lighting poles, monopoles, guard rails, substation structures, solar module mounting structures, and customized galvanized and non-galvanized steel structures.
Salasar also offers engineering, procurement, and control services for rural electrification, power transmission lines, and solar power plant projects. In addition, the company undertakes civil foundation works, and erection of telecom and transmission towers at site, including painting, as well as EPC turnkey projects for solar mounting structures. STEL’s services include providing complete engineering, procurement and control for projects such as Rural Electrification, Power Transmission Lines, and Solar Power Plants.The company exports its galvanized products to South Africa, Myanmar etc.
|Total Assets (In ₹ Millions)||1,540.29||1,457.10||1,667.45||1,114.96||989.02|
|Total Revenue (In ₹ Millions)||2,768.14||2,761.20||2,452.23||1,675.12||1,069.75|
|Profit After Tax (PAT) (In ₹ Millions)||102.00||46.13||54.99||30.47||64.62|
|Date & Time||QIB||NII||RII||Total|
|Day 1 - Jul 12,2017||0.00||1.44||1.66||1.55|
|Day 2 - Jul 13,2017||0.00||1.95||8.20||5.07|
|Day 3 - Jul 14,2017||0.00||2.59||19.42||11.01|
|Day 4 - Jul 17,2017||0.00||478.39||58.92||273.05|
Please click the link below to check the IPO allotment status.IPO Allotment Status
Salasar Techno Engineering Ltd IPO IPO will open on 12/07 and close on 17/07.
Salasar Techno Engineering Ltd IPO IPO will list on 25/07.
The offer price of Salasar Techno Engineering Ltd IPO IPO is ₹108.
The lot size of Salasar Techno Engineering Ltd IPO IPO is 125.
The Grey Market Premium (GMP) price of Salasar Techno Engineering Ltd IPO IPO is ₹150.
The Kostak price of Salasar Techno Engineering Ltd IPO IPO is Not Available at the moment.
The Subject to Sauda price for Salasar Techno Engineering Ltd IPO IPO is Not Available at the moment.
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