Issue Price
₹108
Per Share
GMP
NIL
Grey Market
Est. Listing
₹108
Expected Price
Min. Application
₹27,000
2 lots × 125 shares
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.
Salasar Techno Engineering Ltd. proposes to utilise the net proceeds from the Issue for the following objects:
| Category | Shares Offered | % Issue | Amount (₹ Cr)* | Subscription |
|---|---|---|---|---|
| TOTAL | 3,321,000 | 100.00% | ₹35.87 Cr | — |
| Category | Lots | Shares | Amount (₹) |
|---|---|---|---|
| Retail (Min) | 1 | 125 | ₹13,500 |
| Retail (Max) | 1 | 125 | ₹13,500 |
| sNII (Min) | 15 | 1,875 | ₹202,500 |
| bNII (Min) | 75 | 9,375 | ₹1,012,500 |
| Particulars | 30-Sep-16 | 31-Mar-16 | 31-Mar-15 |
|---|---|---|---|
| Revenue from Operations | 147.28 | 276.81 | 276.12 |
| EBITDA | N/A | N/A | N/A |
| Profit After Tax (PAT) | 7.54 | 10.20 | 4.61 |
| Net Worth | N/A | N/A | N/A |
| Total Assets | 167.87 | 154.03 | 145.71 |
| Reserves & Surplus | N/A | N/A | N/A |
| Total Borrowings | N/A | N/A | N/A |