Salasar Techno Engineering Ltd

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 IPO Details

Issue TypeFixed Price Issue IPO
Face Value₹10 per equity share
IPO Price₹108 per equity share
Market Lot125 Shares
Min Order Quantity125 Shares
Listing AtBSE, NSE
BSE Script Code540642
NSE SymbolSALASAR
ISININE170V01019
Issue SizeAggregating up to ₹35.87 Cr

Salasar Techno IPO Tentative Timetable

PARTICULARDATE
IPO Opening Date12-Jul-17
IPO Closing Date17-Jul-17
Listing DateTuesday, July 25, 2017

Salasar Techno IPO Lot Size

ApplicationLotsSharesAmount (Cut-off)
Minimum1125₹13,500
Maximum141750₹189,000

IPO Allotment Status

Please Click Hare To Check IPO Allotment Status For Salasar Techno Engineering Ltd

Company Promoters:

The promoters of the company are:

  1. Mr. Gyanendra Kumar Agarwal,
  2. Mr. Alok Kumar,
  3. Mr. Shalabh Agarwal and
  4. Ms. Tripti Gupta

Company Financials:

 PARTICULAR30-Sep-1631-Mar-1631-Mar-1531-Mar-1431-Mar-1331-Mar-12
Total Assets1,678.711,540.291,457.101,667.451,114.96989.02
Total Revenue1,472.792,768.142,761.202,452.231,675.121,069.75
Profit After Tax75.3910246.1354.9930.4764.62
For the year/period ended (in Rs. Million)

Objects of the Issue:

The object 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.

Registrar & Company Details

Company Contact InformationSalasar Techno IPO Registrar
Salasar Techno Engineering Ltd
E-20, South Extension I,
New Delhi-110049
Phone: +91 11 41648566/8577
Email: compliance@salasartechno.com
Websitehttp://www.salasartechno.com
Bigshare Services Pvt Ltd
1st Floor, Bharat Tin Works Building,
Opp. Vasant Oasis,Makwana Road,
Marol, Andheri(E), Mumbai – 400 059
Phone: +91-22-6263 8200
Email: ipo@bigshareonline.com
Websitehttp://www.bigshareonline.com

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