Salasar Techno Engineering Limited IPO
Salasar Techno Engineering is an ISO 9001: 2008, 14001: 2004 and 18001: 2007 certified company that addresses the changing needs of the customers in Infrastructure space. The company is a provider of customized steel fabrication and infrastructure solutions in India for Telecommunication Towers, Transmission Towers & Substation Structures and Solar Module Mounting Structures. The company provides 360 degree solutions by carrying out engineering, designing, fabrication, galvanization and deployment.
Salasar Techno Engineering’s products include Telecommunication Towers, Power Transmission Line Towers, Smart Lighting Poles, Monopoles, Guard Rails, Substation Structures, Solar Module Mounting Structures and Customized Galvanized & Non-galvanized steel structures. Its services include providing complete engineering, procurement and control for projects such as Rural Electrification, Power Transmission Lines, and Solar Power Plants.
The company commenced its manufacturing/fabrication activities in the Financial Year 2006-07 when first unit became operational. With the addition of a second unit in 2008-09, it now provides all kinds of steel fabrication and infrastructure solutions in addition to Telecom Towers and its projects have been executed in all kinds of geographical locations nationally.
Objects of the Issue:
Listing Date: Jul 25 2017
|Open Date:||Jul 12 2017|
|Close Date:||Jul 17 2017|
|Face Value:||₹ 10 Per Equity Share|
|Issue Type:||Fixed Price Issue IPO|
|Issue Size:||35.87 Cr.|
|Lot Size:||125 Shares|
|Issue Price:||₹ 108 Per Equity Share|
|Listing Date:||Jul 25 2017|
Promoters And Management:
|Particulars||For the year/period ended (in Rs. Million)|
|Profit After Tax||75.39||102.00||46.13||54.99||30.47||64.62|