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Salasar Exteriors and Contour Ltd IPO

Salasar Exteriors and Contour Ltd

Issue Open

Aug 28, 2019

Price Band

₹ 36 per equity share

Issue Size

₹ 8.5 Cr

Issue Close

Sep 03, 2019

Bid Lot

4000

Listing Exchange

NSE SME

Issue Type

Fixed Price Issue

Minimum Order Quantity

4000

Face Value

Rs 10 per equity shares

Listing At

Nov 30, -0001

About the company:

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

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