Steelman Telecom
BSE SME₹115,200 / 1200 Shares
Steelman Telecom IPO Details
The Steelman Telecom IPO price band is set between ₹96 per equity share, with a face value of ₹10 per share. The issue is managed by Bigshare Services Pvt Ltd, and the equity shares are proposed to be listed on the BSE SME.
The IPO date for subscription opens on 26 Sep, 2022 and closes on 29 Sep, 2022. Investors can check the allotment status on 4 Oct, 2022, while the listing date is tentatively scheduled for 10 Oct, 2022.
The total issue size is 2,710,800 shares of ₹10 , aggregating up to ₹26.02 Cr. Stay tuned for the latest Steelman Telecom IPO review and GMP updates.
Steelman Telecom IPO Review, Rating & Analysis
Steelman Telecom IPO Review
NO REVIEWSteelman Telecom IPO Rating
Steelman Telecom IPO Highlights
IPO Date
Sep 26, 2022 - Sep 29, 2022
Listing Date
10 Oct, 2022
Face Value
₹10 Per Equity Share
Price Band
₹96 per equity share
Lot Size
-
Fresh Issue
Shares
Offer for Sale
-
Listing At
BSE SME
Steelman Telecom IPO Lot Size
The minimum market lot for Steelman Telecom IPO is 1200 shares with an application amount of ₹1,15,200. Retail investors can apply for up to 1 lots. The table below details the minimum and maximum investment limits for Retail and HNI investors.
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (Min) | 1 | 1200 | ₹1,15,200 |
| Retail (Max) | 1 | 1200 | ₹1,15,200 |
| S-HNI (Min) | 2 | 2400 | ₹2,30,400 |
| S-HNI (Max) | 8 | 9600 | ₹9,21,600 |
| B-HNI (Min) | 9 | 10800 | ₹10,36,800 |
Steelman Telecom IPO Timeline
Issue Price
₹96 per equity shareFace Value
₹10 Per Equity ShareListing at Group
BSE SMERegistrar
Bigshare Services Pvt LtdLead Manager
Gretex Corporate Services Pvt LtdIssue Size
2,710,800 shares of ₹10 (aggregating up to ₹26.02 Cr)#Fresh Issue: 1,897,200 shares of ₹10 (aggregating up to ₹18.21 Cr)#Offer for Sale: 813,600 shares of ₹10 (aggregating up to ₹7.81 Cr)Steelman Telecom IPO Financial Information
| Period Ended | Assets | Revenue | Profit After Tax | Net Worth | Reserves and Surplus | Total Borrowing |
|---|---|---|---|---|---|---|
| 30 Mar 22 | 4525.76 | 10116.31 | 396.58 | - | - | - |
| 31 Mar 21 | 3698.44 | 9015.5 | 137.64 | - | - | - |
| 31 Mar 20 | 3621.76 | 8794.62 | -22.91 | - | - | - |
All values are in ₹ Lakh
Promoters & Share Holding
Promoter(s) Name
- Mr. Mayank Bindal
| Share Holding Pre Issue | Share Holding Post Issue |
|---|---|
| 100% | 71.98% |
About Company
Steelman Telecom Limited offer support services and solutions to address the Network requirements of the Telecom industry. The company provide services for Network Survey and Planning, Installation and Commissioning, Network Testing and Optimization, Network Solutions and Managed Services for network maintenance.
The company is headquartered in Kolkata Our branch offices are located at Bhubaneshwar & Gurgaon.
Steelman Telecom Limited offers services such as Telecom Implementation Service, Radio Frequency Services, Engineering Procurement Construction Management, Managed Services, Operation and Maintenance services, Payroll & Resource Management and New Generation Technology.
Steelman Telecom IPO Subscription Details
| As on | QIB/NII | Retail | Total |
|---|---|---|---|
| Shares Offered / Reserved | 1,286,400 / 386,400 | 902,400 | 2,575,200 |
Day 1 -26-09-22 06:00 PM | 0.00 / 0/04 x | 0.49 x | 0.18 x |
Day 2 -27-09-22 06:00 PM | 0.75 / 0.26 x | 2.33 x | 1.23 x |
Day 3 -28-09-22 06:00 PM | 2.75 / 1.59 x | 5.77 x | 3.64 x |
Day 4 -29-09-22 06:00 PM | 7.78 / 70.09 x | 22.82 x | 22.40 x |
Frequently Asked Questions about Steelman Telecom IPO
When will Steelman Telecom IPO open for subscription?
The Steelman Telecom IPO opens on 26 Sep, 2022 and closes on 29 Sep, 2022.
What is the investors portion for Steelman Telecom IPO?
The investors' portion for QIB is , NII is N/A, and Retail is 902400.
How to apply for Steelman Telecom IPO?
You can apply for Steelman Telecom IPO via ASBA online through your bank account. You can also apply via UPI through stock brokers like Zerodha, Upstox, or Paytm Money.
What is the issue size of Steelman Telecom IPO?
The issue size of Steelman Telecom IPO is approx ₹2,710,800 shares of ₹10 (aggregating up to ₹26.02 Cr)#Fresh Issue: 1,897,200 shares of ₹10 (aggregating up to ₹18.21 Cr)#Offer for Sale: 813,600 shares of ₹10 (aggregating up to ₹7.81 Cr) crores.
What is the price band of Steelman Telecom IPO?
The price band for Steelman Telecom IPO is ₹96 per equity share to ₹undefined.
What is the lot size of Steelman Telecom IPO?
The minimum bid (lot size) for Steelman Telecom IPO is N/A shares with an investment of approx ₹115,200 .
What is the allotment date of Steelman Telecom IPO?
The allotment date for Steelman Telecom IPO is 4 Oct, 2022.
What is the listing date of Steelman Telecom IPO?
The listing date for Steelman Telecom IPO is expected to be 10 Oct, 2022.
What is the GMP of Steelman Telecom IPO?
The latest Grey Market Premium (GMP) for Steelman Telecom IPO is being updated regularly on IPOROCK.
Parth D.
Founder & Lead Analyst
Parth D. is a software engineer and financial analyst who brings a quantitative edge to IPO tracking. With deep expertise in algorithmic trading and financial tool development, he builds the technology that powers IPORock's real-time data engines. He has been tracking the Indian market since 2018.