IPO

Salasar Exteriors And Contour Limited IPO

NSE SME

Offer Date: Aug 28, 2019 - Sep 3, 2019

₹ 288000 /8000 Shares
*Min Investment

28 Aug, 2019

Open Date

03 Sep, 2019

Close Date

09 Sep, 2019

Allotment Date

12 Sep, 2019

Listing Date
IPO Issue Details
  • Issue Price Rs 36/- Per Equity Share 
  • Face Value Rs 10/- Per Equity Share 
  • Issue Price Fresh issue of 23,60,000 Equity Shares of Rs 10/- at a price of Rs 36/- per share aggregating to Rs 8.50 Cr
  • Listing at NSE SME
  • Lead Manager Navigant Corporate Advisors Limited
  • Registrar Karvy Fintech Private Limited
IPO Details
  • Retail Portion N/A
IPO Details


Salasar Exteriors And Contour Limited IPO is an SME IPO, priced at Rs 36/- Per Equity Share . The equity shares have a face value of Rs 10/- Per Equity Share  each and will be listed on the NSE SME platform.

The IPO bidding window is open from Aug 28, 2019 to Sep 3, 2019. The allotment is expected to be finalized on Sep 9, 2019, and the tentative listing date is Sep 12, 2019.


The registrar of the IPO is Karvy Fintech Private Limited, and

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IPO Subscription Analysis And Details
Retail
2.00x
Total
25.00x
As onQIB / NIIRetailTotal
Shares Offered / Reserved11,20,00011,20,00022,40,000
Day 1 - 28-08-19
3,00,000 0.27 x9000 0.01 x3,09,000 0.14 x
Day 2 - 29-08-19
8,76,000 0.78 x24,000 0.02 x9,00,000 0.40 x
Day 3 - 30-08-19
10,56,000 0.94 x21,000 0.02 x10,77,000 0.48 x
Day 4 - 03-09-19
23,55,000 2.10 x2,19,000 0.20 x25,74,000 1.15 x
Valuations
Earnings Per Share (EPS) Rs 1.26/-
P/E Ratio 26
RoNW 9.24%
Net Asset Value (post issue) Rs 23.92/-
IPO - Issue Objectives
1

To Meet Working Capital Requirement ( Rs 6.30 Cr )

2

General Corporate Expenses ( Rs 1.70 Cr )

3

To meet the expenses of the Issue ( Rs 0.50 Cr )

IPO - Peers Comparison
P/B RatioP/E RatioRoNWRevenue(in Cr.)
Salasar Exteriors And Contour Limited1.5012.289.24%41.62
Ahluwalia Contracts (India) Limited2.7518.8914.54%1752.18
JMC Projects (India) Limited2.0712.6716.36%3407.22
Capacite Infraprojects Ltd1.4312.4311.47%1797.60