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
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Steelman Telecom IPO Date & Price

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

Steelman Telecom IPO timetable / schedule is as below:
  • Bid/Offer Opens On: Sep 26, 2022
  • Bid/Offer Closes On: Sep 29, 2022
  • Finalization of Basis of Allotment: Oct 4, 2022
  • Initiation of refunds: Oct 6, 2022
  • Credit of Equity Shares: Oct 7, 2022
  • Listing Date: Oct 10, 2022

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

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

The Steelman Telecom IPO starts on Sep 26, 2022. The issue ends on Sep 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 Oct 4, 2022. Check the Steelman Telecom IPO Allotment Status here.

The Steelman Telecom IPO Allotment Status is not available online at this time.

The Steelman Telecom IPO listing data are not available. The date is published by the exchange a couple of days before IPO shares listing.

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 are proposed to list on Oct 4, 2022 at BSE SME. The actual listing date will be announce by the exchange.

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.