Steelman Telecom IPO

Steelman Telecom is a BSE SME IPO listed on the BSE SME platform, priced at ₹96 per share. The stock debuted at ₹161, delivering a listing gain of 67.7%. The IPO had a lot size of ₹1200 shares and a minimum investment of ₹1,15,200.

Steelman Telecom Limited IPO

BSE SME Listed
₹1,15,200 (1200 Shares)
Minimum Investment
Check Allotment
IPO Dates
Sep 26, 2022 – Sep 29, 2022
Price band
₹96 per equity share
Minimum Investment
₹1,15,200
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)
Lot size
1200
Allotment Date
Oct 4, 2022
Listing
Oct 10, 2022
Listing At
BSE SME

IPO timeline

  1. Sep 26, 2022

    Open Date

    Completed

  2. Sep 29, 2022

    Close Date

    Completed

  3. Oct 4, 2022

    Allotment Date

    Completed

  4. Oct 10, 2022

    Listing Date

    Completed

Steelman Telecom IPO Essentials

Steelman Telecom IPO Details

Steelman Telecom IPO is priced at ₹96 per share with a total issue size of 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). The IPO has a lot size of 1200 shares and is listed on BSE SME.

Issue price
₹96 per equity share
Lot size
1200 shares
Face value
₹10 Per Equity Share 
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)
Listing at
BSE SME
List price
161.0
Listing date
Registrar
Bigshare Services Pvt Ltd
Lead manager
Gretex Corporate Services Pvt Ltd

Steelman Telecom IPO Details

  • Retail Portion N/A

Steelman Telecom IPO Documents

Steelman Telecom IPO Analytics

Steelman Telecom IPO category-wise subscription trends show day-wise participation across QIB, NII, and retail investors.

Steelman Telecom IPO Subscription Status

Steelman Telecom IPO subscription status shows demand across retail, NII, and QIB categories, helping investors understand overall participation trends.

The IPO subscription status indicates investor demand across categories.

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

Steelman Telecom Valuations

Returns

RoNW
N/A%

Data sourced from DRHP / RHP • For educational purposes only

Steelman Telecom Financials( In Lakhs)

30-Mar-22 31-Mar-21 31-Mar-20
Assets 4525.76 3698.44 3621.76
Revenue 10116.31 9015.5 8794.62
Profit After Tax 396.58 137.64 -22.91

Steelman Telecom Company & Offer Insights

About Steelman Telecom

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 Promoter(s)

Mr. Mayank Bindal are the company's promoters of Steelman Telecom.

Steelman Telecom IPO Issue Objectives

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

Contact Information

Frequently Asked Questions

Click any question to reveal the answer

Steelman Telecom IPO is a Fixed Priced IPO worth ₹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). The issue price is ₹96 per share (fixed price). The IPO opens on Sep 26, 2022 and closes on Sep 29, 2022. It will be listed on BSE SME Platform. Bigshare Services Pvt Ltd is the registrar.

The issue price of Steelman Telecom IPO is ₹96 per share (fixed price).

The lot size of Steelman Telecom IPO is 1200 shares.

The minimum investment for Steelman Telecom IPO is approximately ₹1,15,200 based on the issue price .

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

The allotment date of Steelman Telecom IPO is Oct 4, 2022.

Steelman Telecom IPO is expected to be listed on Oct 10, 2022, on BSE SME Platform.

Steelman Telecom IPO valuation snapshot: P/E N/A, EPS ₹N/A/-, P/B N/A, RoNW N/A%, and market cap N/A.

To apply for Steelman Telecom IPO, open the IPO Ji app or website, select the IPO, choose your demat account, enter the quantity, and submit the application.

You can check the live subscription status of Steelman Telecom IPO on IPO Ji or stock exchange websites. It shows real-time demand across retail, NII, and QIB categories.

Pre-apply allows investors to submit their IPO application before the bidding period starts. The order is placed automatically when the IPO opens.

If you pre-apply for Steelman Telecom IPO, your order will be placed when the IPO bidding starts, and a UPI mandate request will be generated.

You can check Steelman Telecom IPO allotment status on the registrar or stock exchange websites using your PAN or application number after allotment. You can also check the Steelman Telecom IPO allotment status on IPO Ji for quick and easy access.