|
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1. Authentic product range and customer support 2. Major Focus on construction related business 3. Experienced senior management team and promoters
| Particulars | For the year/period ended (in Rs. Lakhs) | |
|---|---|---|
| 31-July-18 | ||
| Total Assets | 2737.02 | |
| Total Revenue | 177.83 | |
| Profit After Tax | 7.66 | |
The company intends to utilize the proceeds of the Issue to meet the following objects:
1. To Meet Working Capital Requirement
2. General Corporate Expenses, and
3. To Meet the Issue Expenses
| Salasar Exteriors IPO Date | Aug 28, 2019 to Sep 3, 2019 |
| Salasar Exteriors IPO Face Value | ₹10 per share |
| Salasar Exteriors IPO Price | ₹36 per share |
| Salasar Exteriors IPO Lot Size | 3000 Shares |
| Issue Size | 2,360,000 shares of ₹10 (aggregating up to ₹8.50 Cr) |
| Issue Type | Fixed Price Issue IPO |
| Listing At | NSE SME |
| Company Promoters | The promoters of the company being Mr. Shreekishan Joshi and Mr. Videh Shreekishan Joshi |
The Salasar Exteriors IPO lot size is 3000 shares. A retail-individual investor can apply for up to 1 lots (3000 shares or ₹108,000).
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (Min) | 1 | 3000 | ₹108,000 |
| Retail (Max) | 1 | 3000 | ₹108,000 |
| Pre Issue Share Holding | 100.00% |
| Post Issue Share Holding | 71.34% |
As a corporate entity, it has just 11 months working with dismal profits. Based on this data, the issue is priced aggressively. There is no harm in giving it a miss. Read detail review...
The Salasar Exteriors IPO is subscribed 1.15 times on Sep 3, 2019 5:00:00 PM. The public issue subscribed 0.20 times in the retail category, times in the QIB category, and 2.10 times in the NII category. Check Day by Day Subscription Details (Live Status)
| Category | Subscription (times) |
|---|---|
| NII | 2.10 |
| Retail | 0.20 |
| Total | 1.15 |
| Listing Date | Thursday, September 12, 2019 |
| BSE Script Code | |
| NSE Symbol | SECL |
| Listing In | ST Group of Securities |
| ISIN | INE00Y701018 |
| IPO Price | ₹36 per share |
| Face Value | ₹10 per share |
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Salasar Exteriors and Contour Ltd
A-922/923, Corporate Avenue,
Sonawala Road, Near Udyog Nagar Bhuvan,
Goregaon East, Mumbai, Maharashtra - 400063
Phone: +91 22-67083366
Email: account@salasarexteriors.com
Website: http://www.salasarexterior.com/
KFin Technologies Limited
Phone: 04067162222, 04079611000
Email: einward.ris@karvy.com
Website: https://karisma.kfintech.com/
Salasar Exteriors IPO is a SME IPO of 2,360,000 equity shares of the face value of ₹10 aggregating up to ₹8.50 Crores. The issue is priced at ₹36 per share. The minimum order quantity is 3000 Shares.
The IPO opens on Aug 28, 2019, and closes on Sep 3, 2019.
KFin Technologies Limited is the registrar for the IPO. The shares are proposed to be listed on NSE SME.
The Salasar Exteriors IPO opens on Aug 28, 2019 and closes on Sep 3, 2019.
Salasar Exteriors IPO lot size is 3000 Shares and the minimum order quantity is .
You can apply in Salasar Exteriors IPO online using either UPI or ASBA as payment method. ASBA IPO application is available in the net banking of your bank account. UPI IPO application is offered by brokers who don't offer banking services. Read more detail about apply IPO online through Zerodha, Upstox, 5Paisa, Edelweiss, ICICI Bank, HDFC Bank and SBI Bank.
The finalization of Basis of Allotment for Salasar Exteriors IPO will be done on [.], and the allotted shares will be credited to your demat account by [.]. Check the Salasar Exteriors IPO allotment status.
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IPO Guru (1400+ Posts, 3300+ Likes)
6-6 IPOs at a time.
Never seen so optimism in the market.
4 SME IPOs.
1 ' T ' group IPO
&
only 1 main board IPO.
Suggestion :
Those who feel that ASBA forms will be rejected , they can try Vishwaraj sugar at lower price band of 55 & check their application status whether accepted or rejected.