Steelman Telecom IPO description – The company provides services for Network Survey and Planning, Installation and Commissioning, Network Testing and Optimization, Network Solutions and Managed Services for network maintenance. Its strong technical background enables it to provide end-to-end services thereby covering the entire network & technology service solutions.
The company offers support services and solutions to address the Network requirements of Telecom industry. In Telecom Implementation Services, it specializes in installation of Microwave Antenna, GSM (Global System for Mobile) Communications Antennas along with BTS (Base Transceiver Station) / & other network related equipment at cell sites to provide the best coverage to the user.
The company also offers Radio Frequency Services (RF) which simulates multiple radio frequencies across the spectrum to ensure devices with integrated wireless technologies function seamlessly. Over the years, it has successfully implemented various projects and has been recognized by its clients for quality and timely execution of the projects undertaken. This expertise and capability have helped it to achieve continuous growth and success.
Promoters of Steelman Telecom – Mr. Mayank Bindal
Steelman Telecom IPO Details
| Steelman Telecom IPO Dates | 26 – 29 September 2022 |
| Steelman Telecom IPO Price | INR96 per share |
| Fresh issue | 18,97,200 shares (INR 18.21 crore) |
| Offer For Sale | 8,13,600 shares (INR 7.81 crore) |
| Total IPO size | 27,10,800 shares (INR 26.02 crore) |
| Minimum bid (lot size) | 1,200 shares |
| Face Value | INR 10 per share |
| Retail Allocation | 35% |
| Listing On | BSE SME |
Steelman Telecom Financial Performance
| Â | FY 2020 | FY 2021 | FY 2022 |
| Revenue | 8,669.56 | 8,872.39 | 10,047.13 |
| Expenses | 8,651.47 | 8,842.23 | 9,576.86 |
| Net income | (21.53) | 137.64 | 396.58 |
Steelman Telecom Offer News
Steelman Telecom Valuations & Margins
| 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 |
Steelman Telecom IPO GMP Daily Trend
| Date | Consolidated IPO GMP | Kostak | Subject to Sauda |
| 8 Oct 2022 | 30 | – | – |
| 7 Oct 2022 | 30 | – | – |
| 6 Oct 2022 | 30 | – | 20,000 |
| 4 Oct 2022 | 20 | – | 20,000 |
| 3 Oct 2022 | 20 | – | 20,000 |
| 1 Oct 2022 | 15 | – | 15,000 |
| 30 Sep 2022 | 10 | – | 12,000 |
| 29 Sep 2022 | 10 | – | 12,000 |
| 28 Sep 2022 | 10 | – | 12,000 |
| 27 Sep 2022 | 8 | – | 10,000 |
| 26 Sep 2022 | 3 | – | 5,000 |
| 24 Sep 2022 | 5 | – | 6,000 |
| 23 Sep 2022 | 3 | – | 5,000 |
Steelman Telecom Offer Subscription – Live Updates
| Category | QIB | NII | Retail | Total |
| Shares Offered | 1,286,400 | 386,400 | 902,400 | 2,575,200 |
| Day 1 | 0.00 | 0.04 | 0.49 | 0.18 |
| Day 2 | 0.75 | 0.26 | 2.33 | 1.23 |
| Day 3 | 2.75 | 1.59 | 5.77 | 3.64 |
| Day 4 | 7.78 | 70.09 | 22.82 | 22.40 |
| Last updated on 29 Sep 2022 | 06:59:28 PM |
Steelman Telecom Offer Lead Manager
GRETEX CORPORATE SERVICES LIMITED
Office No. 13, 1st Floor, New Bansilal Building, Raja
Bahadur Mansion, 9-15, Homi Modi Street, Fort,
Mumbai– 400001, Maharashtra, India
Phone: +91 – 22 – 4002 5273 / +91 96532 49863
Email:Â [email protected]
Website: www.gretexcorporate.com
Steelman Telecom Offer Registrar
BIGSHARE SERVICES PRIVATE LIMITED
Office No. S6 – 2, 6th Floor,
Pinnacle Business Park, Next to Ahura Centre,
Mahakali Cave Road, Andheri (East),
Mumbai – 400093, Maharashtra
Phone: 22 6263 8200
E-mail:Â [email protected]
Website:Â www.bigshareonline.com
Steelman Telecom Contact Details
STEELMAN TELECOM LIMITED
Rishi Tower, Premises No. 02-315,
Street No. 315, New Town,
Kolkata-700 156, West Bengal
Phone: +91 8443022233
E-mail:Â [email protected]
Website:Â www.steelmantelecom.com
Steelman Telecom IPO Allotment Status
Steelman Telecom IPO allotment status is now available on Bigshare Services’ website. Click on this link to get allotment status.
Steelman Telecom Offer Timetable
| Steelman Telecom IPO Opening Date | 26 September 2022 |
| Steelman Telecom IPO Closing Date | 29 September 2022 |
| Finalisation of Basis of Allotment | 4 October 2022 |
| Initiation of refunds | 6 October 2022 |
| Transfer of shares to demat accounts | 7 October 2022 |
| Steelman Telecom IPO Listing Date | 10 October 2022 |
| Opening Price on BSE SME | INR161 per share (up 111.84%) |
| Closing Price on BSE SME | Coming soon |
Steelman Telecom IPO FAQs
What is Steelman Telecom offer size?
Steelman Telecom offer size is INR 26.02 crore.
What is Steelman Telecom IPO Price Band?
Steelman Telecom public offer price is INR 96 per share.
What is the lot size of Steelman Telecom IPO?
Steelman Telecom offer lot size is 1,200 shares.
What is Steelman Telecom IPO GMP today?
Steelman Telecom IPO GMP today is INR 30 per share.
What is Steelman Telecom kostak rate today?
Steelman Telecom kostak rate today is NA per application.
What is Steelman Telecom Subject to Sauda rate today?
Steelman Telecom Subject to Sauda rate today is INR NA per application.
