Steelman Telecom IPO Date, GMP, Price, Review, Allotment – IPO Watch
Written by Lucky Wilson | KGTO Writer on September 22, 2022
Steelman Telecom IPO date is fixed, The IPO will open on September 26 and will close on September 29, 2022. Steelman Telecom is a BSE SME IPO to raise ₹26.02 crores via IPO. The Steelman Telecom IPO price band is fixed at ₹96 with a market lot of 1200 shares
Steelman Telecom Limited offers support services and solutions to address the Network requirements of the Telecom industry. They provide services for Network Survey and Planning, Installation and Commissioning, Network Testing and Optimization, Network Solutions, and Managed Services for network maintenance.
Steelman Telecom offers services like Telecom Implementation Services, Radio Frequency Services (RF), Engineering Procurement Construction Management (EPCM), Managed Services (MS), Payroll & Resource Management, and New Generation Technology to their clients. The company is headquartered in Kolkata having a presence in PAN India. Their branch offices are located in Bhubaneshwar & Gurgaon. We have Site offices in all the 22 Telecom Circles.
Objects of the Issue:
- Investment in Subsidiary.
- Working Capital Requirements.
- General Corporate Purposes.
Steelman Telecom IPO Review
| Date | GMP | Kostak | Subject to |
| 22 September | ₹- | ₹- | ₹- |
Steelman Telecom IPO Date & Price Band Details
| Steelman Telecom IPO Open: | September 27, 2022 |
| Steelman Telecom IPO Close: | September 29, 2022 |
| Steelman Telecom IPO Size: | Approx ₹26.02 Crores, 2,710,800 Equity Shares |
| Face Value: | ₹10 Per Equity Share |
| Steelman Telecom IPO Price Band: | ₹96 Per Equity Share |
| Steelman Telecom IPO Listing on: | BSE SME |
| Retail Quota: | 35% of the net offer |
| QIB Quota: | 50% of the net offer |
| NII Quota: | 15% of the net offer |
| DRHP Draft Prospectus: | Click Here |
| RHP Draft Prospectus: | Click Here |
Steelman Telecom IPO Market Lot
The Steelman Telecom IPO minimum market lot is 1200 shares with a ₹115,200 application amount.
| Minimum IPO Lot Size: | Minimum 1200 shares for 1 lot |
| Minimum Amount: | ₹115,200 for 1 lot |
Steelman Telecom IPO Dates
The Steelman Telecom IPO date is September 26 and the IPO close date is September 29. The IPO allotment date is October 4 and the IPO might list on October 10.
| Steelman Telecom IPO Open Date: | September 26, 2022 |
| Steelman Telecom IPO Close Date: | September 29, 2022 |
| Basis of Allotment: | October 4, 2022 |
| Refunds: | October 6, 2022 |
| Credit to Demat Account: | October 7, 2022 |
| Steelman Telecom IPO Listing Date: | October 10, 2022 |
You can check Steelman Telecom IPO subscription status and Steelman Telecom IPO allotment status on their respective pages.
Steelman Telecom IPO Form
How to apply Steelman Telecom IPO? You can apply Steelman Telecom IPO via ASBA available in your bank account. Just go to the online bank login and apply via your bank account by selecting the Steelman Telecom IPO in the Invest section. The other option you can apply Steelman Telecom IPO via IPO forms download via the NSE website. Check out the Steelman Telecom forms – click NSE IPO Forms download, fill and submit in your bank or with your broker.
Steelman Telecom Company Financial Report
| ₹ in Crores | |||
| Revenue | Expense | PAT | |
| 2020 | ₹87.95 | ₹86.51 | -₹0.22 |
| 2021 | ₹90.16 | ₹88.42 | ₹1.38 |
| 2022 | ₹101.16 | ₹95.77 | ₹3.97 |
Steelman Telecom IPO Valuation – FY2022
Check Steelman Telecom IPO valuations detail like Earning Per Share (EPS), Price/Earning P/E Ratio, Return on Net Worth (RoNW), and Net Asset Value (NAV) details.
| Earning Per Share (EPS): | ₹5.23 per Equity Share |
| Price/Earning P/E Ratio: | 18.35 |
| Return on Net Worth (RoNW): | 25.74% |
| Net Asset Value (NAV): | ₹20.33 per Equity Share |
Peer Group
- HFCL Limited
- Indus Towers Limited
Company Promoters
Steelman Telecom IPO Registrar
Bigshare Services Pvt Ltd
Phone: +91-22-6263 8200
Email: [email protected]
Website: http://www.bigshareonline.com
Steelman Telecom IPO Allotment Status
Check Steelman Telecom IPO allotment status on Bigshare website URL. Click Here
Steelman Telecom IPO Lead Managers
- Gretex Corporate Services Pvt Ltd
Company Address
Steelman Telecom Limited
Rishi Tower, Premises No. 02-315,
Street No. 315, New Town,
Kolkata- 700156
Phone: 8443022233
Email: [email protected]
Website: http://www.steelmantelecom.com/
Steelman Telecom IPO FAQs
What is Steelman Telecom IPO?
Steelman Telecom IPO is a BSE SME IPO. They are going to raise ₹26.02 Crores via IPO. The issue is priced at ₹96 per equity share. The IPO is to be listed on BSE.
When Steelman Telecom IPO will open?
The IPO is to open on September 26, 2022 for QIB, NII, and Retail Investors.
What is Steelman Telecom IPO Investors Portion?
The investors’ portion for QIB is 50%, NII is 15%, and Retail is 35%.
How to Apply the Steelman Telecom IPO?
You can apply Steelman Telecom IPO via ASBA online via your bank account. You can also apply for ASBA online via UPI through your stock brokers. You can also apply via your stock brokers by filling up the offline form.
How to Apply the Steelman Telecom IPO through Zerodha?
How to Apply the Steelman Telecom IPO through Upstox?
How to Apply the Steelman Telecom IPO through Paytm Money?
What is Steelman Telecom IPO Size?
Steelman Telecom IPO size is ₹26.02 crores.
What is Steelman Telecom IPO Price Band?
Steelman Telecom IPO Price Band is ₹96 per equity share.
What is Steelman Telecom IPO Minimum and Maximum Lot Size?
The IPO bid is 1200 shares with ₹115,200.
What is Steelman Telecom IPO Allotment Date?
Steelman Telecom IPO allotment date is October 4, 2022.
What is Steelman Telecom IPO Listing Date?
Steelman Telecom IPO listing date is October 10, 2022. The IPO to list on BSE SME.
Note: The Steelman Telecom IPO details are announced officially. The IPO grey market premium (Steelman Telecom IPO Premium) is updated on the respective page. You can check our IPO grey market page for daily updates.)
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