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September 26, 2022 - September 29, 2022

Steelman Telecom IPO FAQ

Steelman Telecom IPO Date & Price

The Steelman Telecom IPO opens on September 26, 2022 and closes on September 29, 2022.

Steelman Telecom IPO timetable / schedule is as below:
  • Bid/Offer Opens On: September 26, 2022
  • Bid/Offer Closes On: September 29, 2022
  • Finalization of Basis of Allotment: October 7, 2022
  • Initiation of refunds: October 10, 2022
  • Credit of Equity Shares: October 10, 2022
  • Listing Date: October 10, 2022

Steelman Telecom IPO price is set at ₹96 per equity share.

Steelman Telecom IPO will close for subscription at 5 PM on September 29, 2022. But most brokers stop accepting application between 1 PM to 3 PM.

The Steelman Telecom IPO starts on September 26, 2022. The issue ends on September 29, 2022.

Steelman Telecom IPO Issue Size and Subscription Status

The Steelman Telecom IPO size is 2710800 Equity Shares of ₹10 aggregating up to ₹26.02 Cr.

Steelman Telecom Limited is selling its shares to the public through an Initial Public Offer (IPO). Retail investors can apply online for Steelman Telecom IPO shares through the banks (using ASBA) or through the broker (using UPI).

Steelman Telecom IPO Offer Size

Qualified Institutional Buyers (QIB)1,286,400 Shares
Non-Institutional Investors (NII)386,400 Shares
Retail Individual Investor (RII)902,400 Shares
Employee Reservations0 Shares
Other Reservations0 Shares
Total Issue Size2,575,200 Shares

Steelman Telecom IPO IPO Subscription Status

Qualified Institutional Buyers (QIB)7.78 times times
Non-Institutional Investors (NII)70.09 times times
Retail Individual Investor (RII)22.82 times times
Employee Reservations times
Other Reservations times
Total Issue Size22.40 times times

Click here to check the Steelman Telecom IPO live subscription status.

If you have a demat account, most banks offer the online IPO application. You could also contact your broker to apply in Steelman Telecom IPO.

Zerodha, the largest stockbroker in India, offers an online IPO application. You can apply for an IPO online with Zerodha by visiting

You could check Steelman Telecom IPO Grey Market Premium (GMP Rate) by visiting our IPO Grey Market Price (Message Board). Note that there is no official source of GMP Rate as it's a black market.

Steelman Telecom IPO Allotment and Listing

The Steelman Telecom IPO allot status will be available online on October 7, 2022. Check the Steelman Telecom IPO Allotment Status here.

Click here to check Steelman Telecom IPO Allotment Status.

Steelman Telecom IPO listing Date is October 10, 2022. The regular trading starts at 10 AM on listing day.BSE and NSE allow a pre-open trading on listing day. This 45 minutes session starts at 9 AM and ends at 9:45 AM. This session allows buyers and sellers to place/ modify /cancel orders. The next 15 minutes are for price discovery and processing orders placed in the pre-open trading session. The Steelman Telecom IPO listing date and time is published by the exchange in a circular.

Click here to view the Steelman Telecom IPO Basis of Allotment.

It is hard to say at what price Steelman Telecom IPO Shares will list. The price varies by the demand and supply of IPO shares on the day of listing.

The Steelman Telecom IPO shares will list on October 10, 2022 at BSE SME.

Steelman Telecom IPO - Should I apply?

Visit our IPO Analysis and Recommendations page to view IPO Notes from experts.

Sorry, we do not provide IPO recommendations. But we share a lot of information about Steelman Telecom IPO which could help you with questions like Steelman Telecom IPO buy or not? You should also read Steelman Telecom IPO Analysis from experts and check the daily subscription status.

It actually depends on many factors. This includes company financials, segment outlook, market situation, issue pricing, the background of promoters, lead managers performance, company strengths, risks and oversubscription. You should read the prospectus document, IPO Analysis from experts and follow the subscriptions.

Steelman Telecom IPO listing day gains are highly unpredictable as depends on many factors on the day listing. It depends on factors like the demand (IPO oversubscription), the market situation on the day of listing, Issue size etc.

Visit our IPO Performance Tracker to check the Steelman Telecom IPO performance. The performance reports are available 1 day after listing.