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Steelman Telecom IPO Details

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Subscription StatusAllotment StatusListing Date

Steelman Telecom IPO subscription is to open on Sep 26, 2022 and will close on Sep 29, 2022, the price band of the Steelman Telecom IPO price is fixed at ₹ 96. Steelman Telecom provides services for Network Survey and Planning, Installation and Commissioning, Network Testing and Optimization, Network Solutions and Managed Services for network maintenance.

Steelman Telecom IPO

About Steelman Telecom

Steelman Telecom provides services for Network Survey and Planning, Installation and Commissioning, Network Testing and Optimization, Network Solutions and Managed Services for network maintenance. The strong technical background enables to effectively carry out end-to-end services thereby covering the entire network & technology service solutions.

Steelman Telecom understanding of critical aspects of a technology and utilizing the same to improve coverage, capacity & quality of today’s networks leads to network quality improvement; thereby enhancing every subscriber’s experience.

Objects of the Issue

  • Investment in Subsidiary
  • Working Capital Requirements
  • General Corporate Purposes.

Steelman Telecom Limited Financials:

Summary of financial Information (Restated Consolidated Statement)

Particulars For the year ended (₹ in lakh)
  31-Mar-22 31-Mar-21 31-Mar-20
Total Assets 4,525.76 3,698.44 3,621.76
Total income 10,116.31 9,015.50 8,794.62
Total Expenses 9,576.86 8,842.23 8,651.47
Profit After Tax 396.58 137.64 (22.91)

Steelman Telecom IPO Price Details

DescriptionIPO Details
Public IssueInitial Public Issue of upto 27,10,800 Equity Shares of ₹ 10 (aggregating up to ₹ 2602.36 lakhs)
Issue Open  Date26-Sep-22
Issue Close Date29-Sep-22
Issue TypeFixed Price
IPO Price Band₹ 96
Face Value ₹ 10
Market Lot 1200 Equity Shares and in multiples thereof
Minimum Order Quantity 1200 Equity Shares
Maximum Subscription Amount for Retail InvestorRs. 2,00,000
Listing BSE SME
NSE SymbolSTLM
IPO Market Timings 10.00 a.m. to 5.00 p.m.

Steelman Telecom IPO DRHP & RHP

Steelman Telecom IPO Lot Size

ApplicationLotsNo of SharesAmount (Rs)
Minimum11200₹ 1,15,200
Maximum11200₹ 1,15,200

Steelman IPO Lead Managers

  • Gretex Corporate Services Pvt Ltd

Steelman IPO Registrar

Steelman IPO Allotment Date, Listing Date and other Important Dates

DetailsDate
Bid / Offer Opens on26-Sep-22
Bid / Offer Closes on29-Sep-22
Finalisation of Basis of Allotment04-Oct-22
Initiation of refunds 06-Oct-22
Credit of the Equity Shares07-Oct-22
Listing Date10-Oct-22

Company Registered Office

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Rishi Tower, Premises No. 02-315,
Street No. 315, New Town,
Kolkata-700 156,
West Bengal, India.
Website: www.steelmantelecom.com

Company Promoters

  • Mr. Mayank Bindal

Steelman Telecom IPO FAQS

What is the Steelman Telecom IPO Price?

The Steelman Telecom IPO price band is ₹ 96 per share

When Steelman IPO will open?

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

What is the lot size of Steelman IPO?

The Steelman IPO lot size is 1200 Equity Shares and the minimum order quantity is 1200 Equity Shares

Who is the Registrar for Steelman IPO?

The Registrar for Steelman IPO is Bigshare Services Private Limited

How to apply in Steelman IPO through UPI?

Check the step by step process here – Click here

How to apply in Steelman IPO through Zerodha?

Check the step by step process here – Click here

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