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Open
28 Aug to 3 Sep, 2019
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Close
28 Aug to 3 Sep, 2019
3
Allotment
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Listing
Thu, Sep 12, 2019
Price Band
₹36 per share
Issue Size
23,61,000 shares (agg. up to ₹8 Cr)
Lot Size
3,000 Shares
Listing Date
Thu, Sep 12, 2019
✦ AI Insight
Live Subscription
| Category | Subscription (times) |
|---|---|
| Total | 1.07x |
Restated Financials (₹ Cr.)
| Period Ended | 28 Feb 2019 |
|---|---|
| Assets | 27.37 |
| Total Income | 1.78 |
| Profit After Tax | 1.03 |
| NET Worth | 11.20 |
| Reserves and Surplus | 5.32 |
| Total Borrowing | 15.26 |
| Amount in ₹ Crore |
Peer Comparison
| Company | Issue Type | Issue Size | Issue Price | PE Ratio | Listing Day Close | Listing Gain/Loss % | LTP |
|---|---|---|---|---|---|---|---|
| A B Infrabuild Ltd. | SME | ₹12.84 Cr | ₹29 | null | ₹29.15 | +0.52% | ₹10.08 (-0.20%) |
| BCPL Railway Infrastructure Ltd. | SME | ₹17.01 Cr | ₹35 | null | ₹36.30 | +3.71% | ₹70.38 (-0.43%) |
| Ranjeet Mechatronics Ltd. | SME | ₹4.50 Cr | ₹25 | null | ₹28.85 | +15.40% | ₹6.92 (-0.14%) |
| Sterling & Wilson Solar Ltd. | Mainboard | ₹2,849.64 Cr | ₹780 | null | ₹726.20 | -6.90% | ₹222.19 (+0.75%) |
| Rail Vikas Nigam Ltd. | Mainboard | ₹476.86 Cr | ₹19 | null | ₹19.05 | +0.26% | ₹225.44 (-0.44%) |
| IRCON International Ltd. | Mainboard | ₹466.93 Cr | ₹475 | null | ₹415.30 | -12.57% | ₹129.33 (-0.84%) |
Objects of the Issue
| # | Issue Objects | Est Amt (₹ Cr.) |
|---|---|---|
| 1 | To Meet Working Capital Requirement | 6.30 |
| 2 | General Corporate Purposes | 1.70 |
About Salasar Exteriors IPO
Incorporated in 2018, Mumbai-based Salasar Exteriors and Contour Ltd is engaged in interior and exterior designing & execution work. It has completed projects for departmental stores, hostels, residential, budget hotels, hospitals, commercials, healthcare sector and corporate offices. The company has a wide service portfolio where it includes conceptual development, programming, construction management, space planning, execution as per planning, communicating with the teams of a project and research work. Initially, M/s. Salasar Exteriors was a sole proprietorship concern managed by Mr Shreekishan Joshi. Salasar Exteriors and Contour follows a turn-key approach in a business where it is involved from the creation of the structure to completion of plans. It also takes care of the installation and other services like allied interior finishing, and furniture MEP (Mechanical, Electrical, Plumbing). Currently, it is working on execution and carving out Walmart's departmental stores in Indore & Nizamabad, India. It has already completed 3 stores in Amravati, Bhopal and Aurangabad. Some of the other major clients of the company include JSW Steel Limited, TATA Power, Accenture, Birla Estat
Contact Details
Salasar Exteriors & Contour Ltd. AddressA-922/923, Corporate AvenueSonawala Road, Near Udyog Nagar BhuvanGoregaon EastMumbai, Maharashtra, 400063+91 22-67083366account@salasarexteriors.comVisit Website