Salasar Techno IPO GMP, Review, Price, Allotment

The Salasar Techno IPO date has been confirmed to have started on July 12, 2017 and ended on July 17, 2017. Read the post to learn about Salasar Techno IPO GMP.

Using an IPO, Salasar Techno is seeking to raise Rs35.87 crore. Its price is ₹ 108 per share and the  minimal lot size for an  operation is 125 shares. The  minimal  quantum of investment  needed by retail investors is ₹ 13,500.  

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Key Details Of Salasar Techno IPO:

Salasar Techno IPO GMP

The Salasar Techno Limited IPO GMP Today is ₹50.75.

Salasar Techno IPO Overview​

Salasar Techno’s  original public immolation( IPO) has a set price of Rs35.87 crore. Bidding for the Salasar Techno IPO began on July 12, 2017 and finished on July 17, 2017. On July 25, 2017, the shares were listed on the BSE and NSE. Salasar Techno’s  original public immolation( IPO) price is 108 per share. A  minimal lot size of 125 shares is  needed for an  operation. Retail investors must make a  minimal investment of$ 13,500.   

Salasar also provides engineering, procurement, and control services for  systems involving  pastoral electrification, electricity transmission lines, and solar power  shops. likewise, the company performs civil foundation work, on-  point  structure of telecom and transmission  halls, including  oil, and EPC turnkey  systems for solar mounting structures. STEL offers complete engineering, procurement, and control services for  systems  similar as  pastoral electrification, power transmission lines, and solar power  shops. The company distributes galvanised  particulars to South Africa, Myanmar, and other countries.

Salasar Techno IPO Details

IPO Date	July 12, 2017 to July 17, 2017
Listing Date	July 25, 2017
Face Value	₹10 per share
Price	₹108 per share
Lot Size	125 Shares
Total Issue Size	3,321,000 shares (aggregating up to ₹35.87 Cr)
Issue Type	Fixed Price Issue IPO
Listing At	BSE, NSE

Salasar Techno Company Financials

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

Salasar Techno IPO Listing Details

Listing Date	July 25, 2017
BSE Script Code	540642
NSE Symbol	SALASAR
ISIN	INE170V01019
Final Issue Price	₹108 per share

Company Profile​

IPO Strengths

• Experienced promoters and a competent management team.
• Well-established relationships with a loyal customer base.
• Access to markets worldwide, enabling global reach.

IPO Weakness

• Heavy reliance on customers based in the United States.
• Need to adhere to multiple laws and regulations in these countries to ensure compliance.
• Competition from other players in the market.

Salasar Techno IPO FAQs