Salasar Techno Engineering Ipo Review

Salasar techno engineering ipo review

Salasar techno engineering ipo review

Salasar Techno Engineering IPO

Salasar Techno Engineering is an ISO 9001: 2008, 14001: 2004 and 18001: 2007 certified company that addresses the changing needs of the customers in Infrastructure space.

The company is a provider of customised steel fabrication and infrastructure solutions in India for Telecommunication Towers, Transmission Towers & Substation Structures and Solar Module Mounting Structures.


The company provides 360 degree solutions by carrying out engineering, designing, fabrication, galvanization and deployment.

Salasar Techno Engineering’s products include Telecommunication Towers, Power Transmission Line Towers, Smart Lighting Poles, Monopoles, Guard Rails, Substation Structures, Solar Module Mounting Structures and Customized Galvanized & Non-galvanized steel structures.

Its services include providing complete engineering, procurement and control for projects such as Rural Electrification, Power Transmission Lines, and Solar Power Plants.

The company commenced its manufacturing/fabrication activities in the Financial Year 2006-07 when first unit became operational.

Salasar techno engineering ipo review

With the addition of a second unit in 2008-09, it now provides all kinds of steel fabrication and infrastructure solutions in addition to Telecom Towers and its projects have been executed in all kinds of geographical locations nationally.

Promoters of Salasar Techno Engineering – Gyanendra Kumar Agarwal, Alok Kumar, Shalabh Agarwal and Tripti Gupta

Salasar Techno Engineering IPO details
Subscription Dates12 – 17 July 2017
Price BandINR108 per share
Fresh issue3,321,000 shares (INR35.86 crore)
Offer For SaleNil
Total IPO size3,321,000 shares (INR35.86 crore)
Minimum bid (lot size)125 shares
Face Value INR10 per share
Retail Allocation50%
Listing OnNSE, BSE
Salasar Techno Engineering’s financial performance (in INR crore)
FY2012FY2013FY2014FY2015FY20166M FY2017
Total revenue 108.9212.9292.6330.4310.2154.2
Total expenses110.6205.8282.3318.1292.8141.6
Profit after tax4.

Salasar Techno Engineering Limited
E-20, South Extension I,
New Delhi-110 049

Phone: +91 11 4164 8566
Email:[email protected]

Bigshare Services Private Limited 
E2, Ansa Industrial Estate, Sakivihar Road,
Sakinaka, Andheri (E),
Mumbai – 400 072

Phone: +91 22 4043 0200 
+91 22 2847 5201
[email protected]

Earnings Per Share (EPS): INR11.09

Price/Earnings (P/E) ratio: 9.74

Return on Net Worth (RONW): 14.62%

Net Asset Value (NAV): INR75.80 per share

Salasar Techno Engineering IPO Subscription Details

CategoryShares offeredSubscription (no.

of times, at 6 PM)

Day 1Day 2Day 3Day 4


Salasar Techno Engineering IPO allotment status is now available on Bigshare Services’ website.

Salasar techno engineering ipo review

Click on this linkto get allotment status.

IPO Opening Date: 12 July 2017

IPO Closing Date: 17 July 2017

Listing Date: 25 July 2017

Listing Price on NSE: INR250 per share (up 131.5% from IPO price)

Closing Price on NSE: INR262.5 per share (up 143% from IPO price)