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2017-07-12 12:00 AM2017-07-17 12:00 AMAsia/KolkataSalasar Techno Engineering Ltd IPO Salasar Techno Engineering Ltd India
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
For the year/period ended (in Rs. Million)
Profit After Tax
Issue Open: Jul 12, 2017
Issue Close: Jul 17, 2017
Issue Type: Fixed Price Issue IPO
Face Value: Rs 10 Per Equity Share
Price Band: Rs 108 Per Equity Share
Bid Lot:125 Shares
Minimum Order Quantity:125 Shares
Listing At: BSE, NSE
Issue Size:• Rs 35.87 Cr
Current Bidding Status
Number of Times Subscribed (BSE + NSE)
As on Date & Time
Shares Offered / Reserved
Day 1 - Jul 12, 2017IST
Day 2 - Jul 13, 2017IST
Day 3 - Jul 14, 2017IST
Day 4 - Jul 17, 2017IST
Listing Day Trading Information
Salasar Techno Engineering Ltd Red Herring Prospectus
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