Salasar Techno

Salasar Techno Engineering Ltd (Salasar Techno IPO)

COMPANY PROMOTERS:

The promoters of the company are:

1. Mr Gyanendra Kr Agarwal
2. Mr. Alok Kumar,
3. Mr. Shalabh Agarwal 
4. Ms. Tripti Gupta

IPO LEAD MANAGERS:

1.Sarthi Capital Advisor Private limited

IPO REGISTRAR

1. Bigshare Services Pvt. Ltd.

Company Highlights:

1. Incorporated in 2001,

2. Salasar Techno Engineering Ltd engaged in manufacturing galvanized steel products.

3. Company's products include

• Telecommunication towers

• Power transmission line towers

• Smart lighting poles mono-poles, guard rails, substation structures,

• Solar module mounting structures and customized galvanized and non-galvanized steel structures.

4. Salasar also offers engineering, procurement, and control services for rural electrification, power transmission lines, and solar power plant projects.

5. The company undertakes civil foundation works, and erection of telecom and transmission towers at site, including painting, as well as EPC turnkey projects for solar mounting structures. STEL’s services include providing complete engineering, procurement and control for projects such as Rural Electrification, Power Transmission Lines, and Solar Power Plants. The company exports its galvanized products to South Africa, Myanmar etc.

Financial (in Rs. Million)

Company Ratio

Tentative timetable in respect of the Offer:

· Bid/Offer Opens On: July 12, 2017

· Bid/Offer Closes On: July 17, 2017

· Finalization of Basis of Allotment: On or about July 19, 2017

· Initiation of refunds: On or about July 20, 2017

· Credit of Equity Shares to demat accounts: On or about July 21, 2017