Salasar Exteriors and Contour Ltd IPO

Add to Calendar 2019-08-28 12:00 AM 2019-09-03 12:00 AM Asia/Kolkata Salasar Exteriors and Contour Ltd IPO Salasar Exteriors and Contour Ltd India

Company Info

Salasar Exteriors & Contour limited is a mumbai based interior and exterior designing company. The company is also involved in executing client projects. The company has completed projects for clients belonging to departmental stores, hostels, residential projects, budget hotels, hospitals etc sectors 

Date of Incorporation

Salasar exteriors & contour ltd was incorporated in March 2018 with the intention of acquiring the business from the sole Proprietor, Mr. Shreekishan Joshi

Promoters of the company

Mr. Shreekishan Joshi & Mr. Videh Shreekishan Joshi are the promoters of the company

Object of the Issue

Following are the objective of the Issue 

  • -  To meet up the working capital requirement
    -  To meet up the public issue expenses 
    -  For general corporate expenses 

    Strengths of the company
    Following are the strengths of the company
    -  Experience of promoters and senior management team
    -  Brand value 
    -  Exclusive focus on construction related business in major cities  

    Company financials

Particulars

31-July-18

Total Assets

2737.02

Total Revenue

177.83

Profit After Tax

7.66

Issue Detail

  • Issue Open: Aug 28, 2019
  • Issue Close: Sep 03, 2019
  • Issue Type: Fixed Price Issue
  • Face Value: Rs 10 per equity shares
  • Price Band: Rs 36 per equity share
  • Bid Lot:4000 Shares
  • Minimum Order Quantity:4000 Shares
  • Listing At: NSE SME
  • Issue Size: • Rs 8.5 Cr

Current Bidding Status

Number of Times Subscribed (BSE + NSE)
As on Date & Time QIB NII RII Employee Others Total

Listing Day Trading Information

- BSE NSE
Issue Price - -
Open - -
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Last Trade - -
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Frequently Asked Questions

Yes, you can always trade an IPO through a discount broker. Buying & selling an IPO becomes very easy once the trading and the demat account are set up appropriately.
Following are the benefits in buying and selling an IPOs through a discount broker. Reduced Brokerage Fee: Discount brokers charge a flat brokerage which is missing in case of full service brokers. Full service brokers usually charge %age brokerage and this incurs a lot of cost to an investors. So if any full service broker charge a brokerage of let say 0.03% then on a purchase of shares of worth of Rs 200,000 you end up paying Rs 600+ Taxes. In our case we charge a flat brokerage of Rs 20 + Taxes. Discount brokers therefore saves a lot of money of investors. Better Trading Platform: Usually discounts brokers don’t provide a good trading platform and experience but there are few discounts brokers like Samco, who are now focussing on delivering a world class trading platform and top notch user experience. Therefore narrowing down the gap between discount brokers and full service brokers.
Technically Speaking, SEBI has made mandatory to buy an IPO through ASBA channel but there is no regulation on how any investor can sell an IPO allotted shares. Therefore, smart investors can always sell IPO allotted shares through a discount broker

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