Salasar Techno Engineering Ltd IPO

Salasar Techno Engineering Ltd

Issue Open

Jul 12, 2017

Price Band

₹ 108

Issue Size

₹ 35.87 Cr

Credit of Shares to Demat

-

Issue Close

Jul 17, 2017

Bid Lot

125

Listing Exchange

BSE, NSE

Cut off time for UPI Mandate Confirmation

-

Issue Type

Fixed Price Issue IPO

Minimum Order Quantity

125

Allotment Details

-

Face Value

Rs 10 Per Equity Share

Listing On

Jul 25, 2017

Refunds

-

About the company:
Salasar Techno Engineering Limited is one of the leading provider of steel and infrastructure solutions in India. They are engaged in manufacturing galvanized steel products. Their products are exported all over the world.
Date of establishment: Salasar Techno Engineering was established in 2001.  
Product & Service Offering: Salasar Techno Engineering manufactures products including monopoles, solar module mounting structures, telecommunication towers and customized galvanized and non-galvanized steel structures. The company also provides procurement, engineering and control services for power transmission lines, rural electrification and solar power plants.
Promoters of Salasar Techno Engineering Ltd.: The promotors of the firm are Mr. Gyanendra Kumar Agarwal, Mr. Alok Kumar, Mr. Shalabh Agarwal and Ms.Tripti Gupta.
Customer segment: The company offers its services to clients in the infrastructure sector and their clientele includes ABB, LANCO, BHEL etc.
Objects of the Issue:
The objects of the issue are:
-      Working capital requirements including margin money
-      General corporate purposes
-      Issue related expenses

 

Company Financials:
Particulars
For the year/period ended (in Rs. Million)
 

30-Sep-16

31-Mar-16

31-Mar-15

31-Mar-14

31-Mar-13

31-Mar-12

Total Assets

1,678.71

1,540.29

1,457.10

1,667.45

1,114.96

989.02

Total Revenue

1,472.79

2,768.14

2,761.20

2,452.23

1,675.12

1,069.75

Profit After Tax

75.39

102.00

46.13

54.99

30.47

64.62

 

 

 

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