Salasar Techno Engineering Ltd. IPO
IPO Timeline
Category-wise Subscription
| Category | Sub (x) | Offered | Bid For | Amt (Cr)* |
|---|---|---|---|---|
| NII (HNI) | — | 1,660,500 (50%) | — | ₹1,793 Cr |
| Retail | — | 1,660,500 (50%) | — | ₹1,793 Cr |
| Σ Total | — | 3,321,000 (100%) | — | ₹35,867 Cr |
Only available investor categories are shown. Amount is auto-calculated when shares offered and issue price are available.
Issue Details
Minimum Investment (Lot-wise)
| Category | Lots | Shares | Amount (₹) |
|---|---|---|---|
| Retail (Min) | 1 | 125 | ₹13,500 |
| Retail (Max) | 13 | 1,625 | ₹175,500 |
| S-HNI (Min) | 14 | 1,750 | ₹189,000 |
| B-HNI (Min) | 67 | 8,375 | ₹904,500 |
Financial Statements Amount In Crore
| Metric | 30-Sep-16 | 31-Mar-16 | 31-Mar-15 |
|---|---|---|---|
| Revenue | 147 | 277 | 276 |
| Profit After Tax | 8 | 10 | 5 |
| Total Assets | 168 | 154 | 146 |
Valuation & Key Ratios
Grey Market Premium (GMP)
GMP is an unofficial grey market indicator and does not guarantee actual listing price. Invest at your own risk.
Objects of the Issue
- 1 Working Capital Requirement including margin money – 31.87
- 2 General Corporate Purpose – 2.50
- 3 Issue Expenses – 1.50
Company Overview
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.