IPO

Steelman Telecom Limited IPO

BSE SME

Listed On: Oct 10, 2022 at ₹ 161.0

₹ 115200 /1200 Shares

Check Allotment

Steelman Telecom IPO Details

26 Sep, 2022

Open Date

29 Sep, 2022

Close Date

04 Oct, 2022

Allotment Date

10 Oct, 2022

Listing Date

Issue Price

₹96 per equity share

Face Value

₹10 Per Equity Share 

Listing at Group

BSE SME

Registrar

Bigshare Services Pvt Ltd

List Price

161.0

Listing Date

2022-10-10

Market Lot

1200 Shares (₹115,200/-)

Lead Manager

Gretex Corporate Services Pvt Ltd

Issue Size

2,710,800 shares of ₹10 (aggregating up to ₹26.02 Cr)

#Fresh Issue: 1,897,200 shares of ₹10 (aggregating up to ₹18.21 Cr)

#Offer for Sale: 813,600 shares of ₹10 (aggregating up to ₹7.81 Cr)

Retail Portion

N/A

Subscription

22.40 times

IPO Docs

DRHP RHP

Steelman Telecom IPO Subscription Details

As onQIB / NIIRetailTotal
Shares Offered / Reserved1,286,400 / 386,400902,4002,575,200
Day 1 - 26-09-22 06:00 PM0.00 / 0/04 x0.49 x0.18 x
Day 2 - 27-09-22 06:00 PM0.75 / 0.26 x2.33 x1.23 x
Day 3 - 28-09-22 06:00 PM2.75 / 1.59 x5.77 x3.64 x
Day 4 - 29-09-22 06:00 PM7.78 / 70.09 x22.82 x22.40 x

Steelman Telecom Valuations

Earnings Per Share (EPS)

₹N/A/-

P/E Ratio

N/A

RoNW

N/A%

Net Asset Value (NAV) - Post Issue

₹N/A/-

Steelman Telecom Company Financials All values are in ₹ Lakh

30-Mar-2231-Mar-2131-Mar-20
Assets4525.763698.443621.76
Revenue10116.319015.58794.62
Profit After Tax396.58137.64-22.91

About The Company

Steelman Telecom Limited offer support services and solutions to address the Network requirements of the Telecom industry. The company provide services for Network Survey and Planning, Installation and Commissioning, Network Testing and Optimization, Network Solutions and Managed Services for network maintenance.

The company is headquartered in Kolkata Our branch offices are located at Bhubaneshwar & Gurgaon.

Steelman Telecom Limited offers services such as Telecom Implementation Service, Radio Frequency Services, Engineering Procurement Construction Management, Managed Services, Operation and Maintenance services, Payroll & Resource Management and New Generation Technology.

Read More

Steelman Telecom - Promoter(s)

Pre Issue Share Holding: 100%

Post Issue Share Holding: 71.98%

Company Promoter(s)

  1. Mr. Mayank Bindal

Steelman Telecom IPO - Issue Objectives

  1. Investment in Subsidiary.
  2. Working Capital Requirements.
  3. General Corporate Purposes.

Steelman Telecom IPO - FAQs

Ans. Steelman Telecom Limited IPO is a SME IPO. The issue is priced at ₹96 per equity share. The minimum order quantity is 1200 Shares. The IPO opens on Sep 26, 2022, and closes on Sep 29, 2022. Bigshare Services Pvt Ltd is the registrar for the IPO. The shares are proposed to be listed on BSE SME.

Ans. The Steelman Telecom Limited IPO opens on Sep 26, 2022 and closes on Sep 29, 2022.

Ans. The size of Steelman Telecom Limited IPO is 2,710,800 shares of ₹10 (aggregating up to ₹26.02 Cr) #Fresh Issue: 1,897,200 shares of ₹10 (aggregating up to ₹18.21 Cr) #Offer for Sale: 813,600 shares of ₹10 (aggregating up to ₹7.81 Cr).

Ans. The IPO price band is set between ₹96 per equity share.

Ans. To apply for Steelman Telecom Limited IPO IPO, follow the steps given below:

  • - Open the IPO Ji App or Website
  • - Find Steelman Telecom Limited IPO in the List of IPOs
  • - Press "Apply" Button
  • - Select Your Demat Account
  • - Select Your Shares Quantity and Submit
  • - Track Your IPO Status

Ans. The share allotment date of Steelman Telecom Limited IPO is Oct 4, 2022.

Ans. The Steelman Telecom Limited IPO will be listed on Oct 10, 2022.

Ans. Follow the steps to check the allotment status for Steelman Telecom Limited IPO here.