Thursday, July 06, 2017

Salasar Techno IPO Dates, Price Band, Market Lot Details

Salasar Techno has completed over 16 years till today in the market. Salasar Techno is coming up with IPO around Rs.36 crore. The purpose of the IPO is meet with working capital, general corporate purpose and other expenses. The IPO is the only one announced in July till date so it will be in limelight of investors and they will lookup the grey market premium to subscribe the same.

Salasar Techno Engineering is manufacturing galvanized steel which includes 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 Techno IPO Review:
  • Apply for Listing Gain
Salasar Techno IPO Dates & Price Band:
  • IPO Open: 12-July-17
  • IPO Close: 17-July-17
  • IPO Size: Approx Rs. 36 Crore (Approx)
  • Face Value: Rs. 10 Per Equity Share
  • Price Band: Rs. 108 Per Share
  • Listing on: BSE & NSE
Salasar Techno IPO Market Lot:
  • Shares: Apply for 125 Shares (Minimum Lot Size)
  • Amount: Rs.13,500
Salasar Techno IPO Allotment & Listing:
  • Basis of Allotment: 20-July
  • Refunds: 21-July
  • Credit to demat accounts: 24-July
  • Listing: 25-July
Salasar Techno Financial:
Salasar Techno looks strong as per the financial results. The strong results is with the company and it will surely get good subscription on the base of this but it need to get investors eyes with strong gmp. Let's see how investors will look at this small ipo.

For the year/period ended (in Rs. Crore)

Sep-16 Mar-16 Mar-15 Mar-14 Mar-13 Mar-12
Total Assets 167.87 154.03 145.71 166.75 111.50 98.90
Total Revenue 147.28 276.81 276.12 245.22 167.51 106.98
Profit After Tax 7.54 10.20 4.61 5.50 3.05 6.46

Company Promoters:
  • Mr. Gyanendra Kumar Agarwal,
  • Mr. Alok Kumar,
  • Mr. Shalabh Agarwal and
  • Ms. Tripti Gupta
Quick Links:
DRHP Draft Prospectus

Salasar Techno IPO Registrar:
Bigshare Services Pvt. Ltd
Phone: 91-22-40430200
Fax: 91-22-2847 5207

Salasar Techno IPO Lead Managers:
Sarthi Capital Advisors Private Limited
Company Address:
Salasar Techno Engineering Ltd
E-20, South Extension I,
New Delhi-110049
Phone: +91 11 41648566/8577