Salasar Techno Engineering Limited IPO

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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.

Salasar Techno Engineering Limited IPO Stock Quote & Charts

297.80

-5.57%

  • Open: 319.00
  • High - Low: 319.00 - 296.00
  • Previous Close: 315.35
  • Total Traded Volume: 17729
  • Updated On: 19-Jul-2018

Objects of the Salasar Techno Engineering Limited IPO:

1. To meet the working capital requirements of the Company including margin money 2. General Corporate Purpose 3. To meet the Issue Expenses

Salasar Techno Engineering Limited IPO Details:

Open Date: Jul 12 2017
Close Date: Jul 17 2017
Total Shares: 3,321,000
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 At: NSE,BSE
Listing Date: Jul 25 2017

Promoters And Management:

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

Financials of Salasar Techno Engineering Limited IPO as per DRHP:

Summary of financial Information (Consolidated)
Particulars For the year/period ended (in Rs. Million)
30-Sep-16 31-Mar-16 31-Mar-15 31-Mar-14 31-Mar-13 31-Mar-12
Total Assets 1,678.71 1,540.29 1,457.10 1,667.45 1,114.96 989.02
Total Revenue 1,472.79 2,768.14 2,761.20 2,452.23 1,675.12 1,069.75
Profit After Tax 75.39 102.00 46.13 54.99 30.47 64.62

Lead Manager of Salasar Techno Engineering Limited IPO:

  1. Sarthi Capital Advisors Private Limited

Registrar of Salasar Techno Engineering Limited IPO:

  1. Bigshare Services Private Limited

Company Address:

Salasar Techno Engineering Ltd E-20, South Extension I, New Delhi-110049 Phone: +91 11 41648566/8577 Email: compliance@salasartechno.com Website: www.salasartechno.com

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