Business Standard

Salasar Techno Engineering Ltd - IPO

Issue Type

Fixed Price

Issue Size (₹ Cr.)

35.87 cr

Price Range (₹)

108

Lot Size

125

Min Investment (₹)

13,500.00

Listing Exchange

MumbaiNSE

Open Date

12-Jul-2017

Close Date

17-Jul-2017

Listing Date

25-Jul-2017

Salasar Techno Engineering Ltd News

    The Shares of Salasar Techno Engineering Ltd have now been listed.

    Salasar Techno Engineering Ltd IPO Details

    Public issue of 3,321,000 equity shares of face value of Rs. 10/- each (equity shares) of Salasar Techno Engineering Limited (Salasar or The Company or The Issuer) for cash at a price of Rs. 108/- per Equity share (The Issue Price) (including share premium of Rs. 98/- per equity share) aggregating Rs. 35.87 crores (The Issue). A net issue to the public of 3,321,000 equity shares hereinafter referred to as The Net Issue. The net issue will constitute 25.01% of the post issue paid up equity share capital of the Company.The face value of the equity shares is Rs. 10 each. The issue price is Rs. 108/-. The issue price is 10.80 times the face value.

    Objective of issue

    Working capital requirement including margin money. General corporate purpose.

    Salasar Techno Engineering Ltd Contact Details

    Salasar Techno Engineering Ltd, E-2/3 Ansa Indl Est, Saki Vihar Road, Sakinaka Andheri(E), Mumbai - 400072

    Phone - 91-22-40430200/28470652

    Fax - 91-22-28475207

    Email - compliance@salasartechno.com

    Website - www.salasartechno.com