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Salasar Techno Engineering

Description 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. More »

Address E-20 South Extension I, , New Delhi -New Delhi , India. Pincode : 110049

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  • < 0.5X Under Subscribed
  • 0.5-2X Moderately Subscribed
  • >2XOver Subscribed

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  • ‹ 2X Under Subscribed
  • 2-3X Moderately Subscribed
  • 2-10X Over Subscribed
  • ‹ 12x Heavily Subscribed

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Retail Subscritption Poll Results

Total Subscritption Poll Results

Number of Times Issue is Subscribed (BSE + NSE)

As on Date QIB NII RII EMP Total
17-Jul-2017 0.00 487.18 58.59 0.00 277.28
14-Jul-2017 0.00 2.59 19.42 0.00 11.01
13-Jul-2017 0.00 1.95 8.20 0.00 5.07
12-Jul-2017 0.00 1.43 1.66 0.00 1.55

Issue Terms

Issue price / Floor Price (Rs) 108
Application per share (Rs) 108.00
Minimum investment amount (Rs) 13,500.00
Minimum bid (no of shares) 125
Maximum Shares for Retail 1750

Issue Date and Size

Issue opens 12-Jul-17
Issue closes 17-Jul-17
Listing on BSE,NSE
Issue size (Rs cr) 35.87
Mkt cap at issue price (Rs cr) N.A.

Lead Managers & Registrar

Lead Manager E-mail
Sarthi Capital Advisors Pvt Ltd rciipo@sarthiwm.in
Registrar Bigshare Services Pvt Ltd
E-mail ipo@bigshareonline.com

Shares on Offer

Shares on Offer Lakhs
Total shares offered 33.21
Of above, offered to public N.A.
Post-issue shares N.A.
Post-issue promoters' holding(%) N.A.

Company Financials (Rs cr)

Financials Crore
No of months N.A.
Turnover N.A.
Net profit / (loss) N.A.
Borrowings N.A.

Objects of Issue

    • The objects of the Issue are:
    • 1. To meet the working capital requirements of the Company including margin money;
    • 2. General Corporate Purpose;
    • 3. To meet the Issue Expenses

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