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Steelman Telecom IPO Review & Recommendations

Steelman Telecom IPO Review Summary

Review By Subscribe Neutral Avoid
Brokers 0 0 1
Members 0 1 3

Steelman Telecom IPO Details

IPO Open Sep 26, 2022
IPO Close Sep 29, 2022
IPO Price ₹96
Face Value ₹10
IPO Size ₹26.02 Cr
Listing At BSE SME
Lot Size 1200

Steelman Telecom IPO Review by Brokers & Analysts

ReviewerRecommendation
Dilip DavdaAvoid

Steelman Telecom IPO Review by Members

Steelman Telecom IPO Reviews, analysis and views by popular members. Read Steelman Telecom Limited IPO reviews by retail investors to find recommended ipo to buy.

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Member Review
B.M.SURANA
IPO Mentor IPO Mentor (600+ Posts, 500+ Likes)

Avoid

Risky hai

I Like It. 1

Sep 28, 2022 1:42:21 PM
IPOmentorbombay

Avoid

What should you buy tata steel or steelman at the almost same price

Sep 24, 2022 12:23:56 PM
Top Contributor

Neutral

Good company but issue price is too high.

Sep 22, 2022 10:09:00 AM
chetan ipo

Avoid

1. Introduction:
Company providing services to telecom industries

2. Issue:
Fresh: (10+86) * 18,97,200 = 18.21 Cr.
OFS: (10+86) * 81,3,600 = 7.81 Cr.

3. Net Proceed:
*Investment in Subsidiary: 5 Cr. ( Subsidiary only 6 month old and wants to provide Cab service)
*Working Capital: 8 Cr.
*General Corporate: 4.1 Cr. ( company have freedom to utilize fund anywhere max limit is 25%)

4. Average cost of acquisition by promoter: 0.12 Rs.

5. P/E weighted average of last 3 year: 30.27

Sep 22, 2022 9:51:23 AM

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