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Open
12 Jul 2017
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Close
17 Jul 2017
3
Allotment
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Listing
Tue, Jul 25, 2017
Price Band
₹108 per share
Issue Size
33,28,964 shares (agg. up to ₹36 Cr)
Lot Size
125 Shares
Listing Date
Tue, Jul 25, 2017
✦ AI Insight
Live Subscription
| Category | Subscription (times) |
|---|---|
| Total | 270.06x |
Peer Comparison
| Company | Issue Type | Issue Size | Issue Price | PE Ratio | Listing Day Close | Listing Gain/Loss % | LTP |
|---|---|---|---|---|---|---|---|
| HPL Electric & Power Ltd. | Mainboard | ₹361.00 Cr | ₹202 | null | ₹189.30 | -6.29% | ₹344.35 (-0.75%) |
| Meera Industries Ltd. | SME | ₹3.89 Cr | ₹36 | null | ₹36.05 | +0.14% | ₹43.22 (-2.00%) |
| Crown Lifters Ltd. | SME | ₹6.68 Cr | ₹121 | null | ₹109.00 | -9.92% | ₹112.93 (-0.68%) |
Objects of the Issue
| # | Issue Objects | Est Amt (₹ Cr.) |
|---|---|---|
| 1 | Working Capital Requirement including margin money | 31.87 |
| 2 | General Corporate Purpose | 2.50 |
| 3 | Issue Expenses | 1.50 |
About Salasar Techno Engineering IPO
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.+ Read More
Contact Details
Salasar Techno Engineering Ltd. AddressE-20, South Extension INew Delhi, New Delhi, 110049+91 11 41648566/8577compliance@salasartechno.comVisit Website