Salasar Techno IPO - Grey Market, GMP & Reviews

IPO Details

Issue Date 12/07 - 17/07
Issue Size ₹35.87 Cr
Issue Price ₹108
Market Lot 125 Shares
Shares on Offer 3,321,000
Registrar
GMP ₹150
Kostak N/A
Subject to Sauda N/A
Listing Date 25/07
Listing Price ₹259.45
Listing Gain% 140.23

About Salasar Techno Engineering Ltd IPO

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.

Company Financials

Particulars 31-Mar-16 31-Mar-15 31-Mar-14 31-Mar-13 31-Mar-12
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

Salasar Techno Engineering Ltd IPO IPO Reviews

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  • Salasar Techno Engineering Ltd IPO is subscribed more than 250 times.
  • Huge opening for Salasar Techno Engineering Ltd IPO.

Subscription Details

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

Allotment Status

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IPO Allotment Status

Salasar Techno Engineering Ltd IPO IPO FAQs

  1. When will Salasar Techno Engineering Ltd IPO IPO open?

    Salasar Techno Engineering Ltd IPO IPO will open on 12/07 and close on 17/07.

  2. What is the listing date of Salasar Techno Engineering Ltd IPO IPO?

    Salasar Techno Engineering Ltd IPO IPO will list on 25/07.

  3. What is the offer price of Salasar Techno Engineering Ltd IPO IPO?

    The offer price of Salasar Techno Engineering Ltd IPO IPO is ₹108.

  4. What is the lot size of Salasar Techno Engineering Ltd IPO IPO?

    The lot size of Salasar Techno Engineering Ltd IPO IPO is 125.

  5. What is the Grey Market Premium (GMP) price of Salasar Techno Engineering Ltd IPO IPO?

    The Grey Market Premium (GMP) price of Salasar Techno Engineering Ltd IPO IPO is ₹150.

  6. What is the Kostak price of Salasar Techno Engineering Ltd IPO IPO?

    The Kostak price of Salasar Techno Engineering Ltd IPO IPO is Not Available at the moment.

  7. What is the Subject to Sauda price for Salasar Techno Engineering Ltd IPO IPO?

    The Subject to Sauda price for Salasar Techno Engineering Ltd IPO IPO is Not Available at the moment.

Salasar Techno Engineering Ltd IPO IPO Review/Comments

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