Steelman Telecom IPO

Steelman Telecom IPO Review

Steelman Telecom IPO Overview

Steelman Telecom Limited, founded in 2013, provides network support services and solutions to the telecommunications industry. Network Survey and Planning, Installation and Commissioning, Network Testing and Optimization, Network Solutions, and Managed Services for network maintenance are all services provided by the organisation.

The company is based in Kolkata. Our branches are in Bhubaneshwar and Gurgaon.

Steelman Telecom Limited provides services such as telecom implementation, radio frequency services, engineering procurement and construction management, managed services, operation and maintenance, payroll and resource management, and next generation technology.

Steelman Telecom IPO Details

Steelman Telecom IPO Date

Sep 26, 2022 to Sep 29, 2022

Steelman Telecom IPO Face Value

₹10 per share

Steelman Telecom IPO Price

₹96 per share

Steelman Telecom IPO Lot Size

1200 Shares

Issue 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)

Issue Type

Fixed Price Issue IPO

Listing At

BSE SME

QIB Shares Offered

Not more than 50% of the Net Offer

NII (HNI) Shares Offered

Not less than 15% of the Net Offer

Retail Shares Offered

Not less than 35% of the Net Offer

Company Promoters

Mr. Mayank Bindal is the company promoter.

Steelman Telecom IPO Financial Performance

Period Ended

Total Assets

Total Revenue

Profit After Tax

31-Mar-20

3621.76

8794.62

-22.91

31-Mar-21

3698.44

9015.5

137.64

31-Mar-22

4525.76

10116.31

396.58

Amount in ₹ Lakhs

 

Period Ended

Net Worth

Reserves and Surplus

31-Mar-20

985.21

486.61

31-Mar-21

1149.14

650.54

31-Mar-22

1540.72

1042.12

Amount in ₹ Lakhs

Steelman Telecom IPO Key Ratios

 

FY 2020

FY 2021

FY 2022

EPS

(0.30)

1.82

5.23

PE ratio

18.36

RONW (%)

(2.33)

11.98

25.74

NAV

30.90

Debt/Equity ratio

1.49

1.07

0.97

ROCE (%)

19.66

20.78

35.78

Listing Performance of Steelman Telecom IPO

Listed On : BSE SME

Issue Price : ₹96 per share

Listing Day Close : NA

Listing Day Gain : NA

Steelman Telecom IPO ISIN Number Code

NSE : NA

ISIN CODE : NA

BSE : NA

Steelman Telecom IPO Allotment Status

BSE IndiaClick Here

KfintechClick Here

Link InTimeClick Here

Steelman Telecom IPO Important Dates

Steelman Telecom IPO Opening Date

Sep 26, 2022

Steelman Telecom IPO Closing Date

Sep 29, 2022

Basis of Allotment

Oct 4, 2022

Initiation of Refunds

Oct 6, 2022

Credit of Shares to Demat

Oct 7, 2022

Steelman Telecom IPO Listing Date

Oct 10, 2022

Steelman Telecom IPO Contact Details

Rishi Tower, Premises No. 02-315,
Street No. 315, New Town,
Kolkata- 700156
Phone: 8443022233
Email: info@steelmantelecom.in
Website: http://www.steelmantelecom.com/

Steelman Telecom IPO Registrar Contact Details

Bigshare Services Pvt Ltd
Phone: +91-22-6263 8200
Email: investor@bigshareonline.com
Website: http://www.bigshareonline.com

Steelman Telecom IPO FAQ's

The Steelman Telecom IPO is a BSE SME IPO of ₹96 per share with a face value of 10 per equity share. 

The issue size is priced at 2,710,800 shares of ₹10 (aggregating up to ₹26.02 Cr).  

The fresh issue size priced at 1,897,200 shares of ₹10 (aggregating up to ₹18.21 Cr).

The initial public offering (IPO) begins on Sep 26, 2022 and ends on Sep 29, 2022.

The registrar for the IPO is Link Intime India Private Ltd.

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

Steelman Telecom IPO Market lot size is 1200 Shares and the minimum order quantity is 1200 Shares.

The finalisation of Basis of Allotment for Steelman Telecom IPO will be done on Oct 4, 2022. and the allotted shares will be credited to your demat account by Oct 7, 2022. Check the Steelman Telecom IPO status.

The Steelman Telecom IPO listing date is on Oct 10, 2022.

Steelman Telecom IPO applications can be submitted online using either UPI or ASBA as a payment method. The ASBA IPO application is available in your bank’s net banking. Brokers who do not provide banking services provide UPI IPO applications. Learn more about online IPO applications from Zerodha, Upstox, 5Paisa, Edelweiss, ICICI Bank, HDFC Bank, and SBI Bank.

Steelman Telecom IPO Comments