Steelman Telecom IPO will be Open on 26 September 2022 and closes on 29 September 2022. The company has fixed the price of this IPO at ₹96 according to the face value of ₹10. The company will raise ₹26.02 Crores through this IPO under the 27,10,800 Equity Shares public issue. And the offer is 100% Fixed Price Issue. You can check here to know Steelman Telecom IPO GMP and Steelman Telecom IPO subscription status here.
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 headquartered in Kolkata and branch offices are located at Bhubaneshwar & Gurgaon. The company are having presence PAN India. The company has Project Sites in various Telecom Circles across India. The company recognized as service providers to telecom industry. We are committed to provide quality services to help grow and maintain the telecom industry’s expansive communications infrastructure.
The company also provide spectrum of Services like: Telecom Implementation Service, Radio Frequency Services, Engineering Procurement Construction Management, Managed Services, Operation and Maintenance services, Payroll & Resource Management and New Generation Technology.
Objects Of The Issue :
- Investment in Subsidiary
- Working Capital Requirements
- General Corporate Purposes.
Company Strengths :
- Experienced management and skilled team
- Established relationship with existing customers
- Comprehensive Telecom Support Services
- Timely Delivery of Projects
| Read also: Upcoming IPO List 2022 |
Steelman Telecom IPO Review :
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Steelman Telecom IPO GMP Live:
Steelman Telecom IPO GMP Or Grey Market Premium Available Here. The SME IPO GMP Premium updated Day By Day IPOs Running Period and the GMP Rates are Fluctuate and Stable Some times later. (GMP rates are Not 100% Guaranteed)
| Date | GMP | Subject Rate |
| 27 Sep 2022 | ₹-₹ | ₹ |
| 26 Sep 2022 | ₹1-₹2 | ₹0 |
| 25 Sep 2022 | ₹1-₹2 | ₹0 |
| 24 Sep 2022 | ₹0-₹0 | ₹0 |
Steelman Telecom IPO Date & Price Band & Details :
| Issue Offer : | Fixed Price Issue |
| IPO Open : | 26 September 2022 |
| IPO Close : | 29 September 2022 |
| IPO Size : | ₹26.02 Cr |
| Face Value : | ₹10 Rs. Equity Share |
| Price Band : | ₹96 Per Share |
| Listing On : | BSE, SME |
| Issue Size : | ₹26.02 Cr {27,10,800 Shares} |
| Fresh Issue : | ₹18.21 Cr {18,97,200 Share} |
| Offer For Sale : | ₹7.81 Cr {813,600 Shares} |
Steelman Telecom IPO Market Lot :
Steelman Telecom IPO Minimum Market lot is 1 Lot with 1200 shares with ₹115,200 Application amount. The retail investors can apply up to 1 lots with 1200 Shares or ₹115,200 amounts.
| Minimum Lot Size : | 1 Lot |
| Minimum Share : | 1200 Shares |
| Minimum Amount : | ₹115,200 |
| Minimum Lot Size : | 1 Lot |
| Maximum Shares : | 1200 Shares |
| Maximum Amount : | ₹115,200 |
Steelman Telecom IPO Shares Offer :
A Total of 27,10,800 shares are to be bid for the public issue by Steelman Telecom IPO with 18,97,200 for Fresh issue and 8,13,600 for offer for sale.
| Category | Shares Offer | Amount |
| Fresh issue : | 18,97,200 | ₹18.21 Cr |
| Offer For Sale : | 8,13,600 | ₹- |
| Total : | 27,10,800 | ₹7.81 Cr |
Steelman Telecom IPO Reservation :
Steelman Telecom IPO total net offer reservation of 25,75,200 shares are to be bid for the public issue by Steelman Telecom IPO with 12,86,400 for QIB and 3,86,400 for NII 9,02,400 For RII & – Shares EMP.
| Category | Reservation | Shares | Amount |
| QIB : | 50% | 12,86,400 | ₹12.34 Cr |
| NII : | 15% | 3,86,400 | ₹3.70 Cr |
| RII : | 35% | 9,02,400 | ₹8.66 Cr |
| MMRP : | – % | Adding Soon | ₹- |
| Total Net Offer : | 100% | 25,75,200 | ₹24.70 Cr |
Steelman Telecom IPO Dates :
Steelman Telecom IPO Date is 26 September 2022 and closes on 29 September 2022. The allotment will be finalized on 04 October 2022 and the IPO may list on 10 October 2022.
| Issue Open Date : | 26 September 2022 |
| Issue Close Date : | 29 September 2022 |
| Allotment Date : | 04 October 2022 |
| Refund Date : | 06 October 2022 |
| Share Credit Date : | 07 October 2022 |
| Listing Date : | 10 October 2022 |
Steelman Telecom IPO Form :
There are two ways to apply in Steelman Telecom IPO. You can apply for Steelman Telecom IPO through ASBA available in your bank account. You have to go to your online bank login and select Steelman Telecom IPO in the Invest section and apply through your bank account. Another option is you can apply Steelman Telecom IPO through IPO form download through NSE and BSE. See the Steelman Telecom IPO Form – Download the NSE Form and BSE Form IPO Form, fill it, and submit it to your bank or your broker.
Steelman Telecom Company Financial Report (lakh) :
| Year | Revenue | Expense | PAT |
| 2022 | ₹10,116.31 | ₹9,576.86 | ₹396.58 |
| 2011 | ₹9,015.50 | ₹8,842.23 | ₹137.64 |
| 2020 | ₹8,794.62 | ₹8,651.47 | ₹22.91 |
Company Promoters :
■ Mr. Mahendra Bindal
Quick Link :
■ DRHP Draft Prospectus
■ RHP Draft Prospectus
Steelman Telecom IPO Lead Managers :
■ Gretex Corporate Services Limited
Steelman Telecom IPO Registrar :
Bigshare Services Private Limited
S6-2, 6th Pinnacle Business Park, Mahakali Caves Road,
next to Ahura Centre, Andheri East, Mumbai- 400093,
Maharashtra, India
Tel No.: +91 22 6263 8200
Fax No.: +91 22 6263 8299
E-mail: [email protected]
Investor Grievance E-mail: [email protected]
Website: www.bigshareonline.com
Note: Check Steelman Telecom IPO allotment status Visit IPOBAZAR Allotment Page And Search Your Registrar IPO Allotment Link. Click Here
Company Address :
Steelman Telecom Limited
Rishi Tower, Premises No.02-315,
Street No.315, New Town,
Kolkata – 700156,
West Bengal, India.
Tel: 8443022233
Email: [email protected]
Website: www.steelmantelecom.com
Steelman Telecom IPO FAQs :
What is Steelman Telecom IPO?
Steelman Telecom IPO is SME IPO. They are going to raise ₹26.02. Crores via IPO. The issue is priced at ₹96 per equity share. The IPO to be listed on BSE, SME.
When Steelman Telecom IPO will open?
The IPO is to open on 26 Sep – 29 Sep for QIB, NII & RII.
What is Steelman Telecom IPO Size?
Steelman Telecom IPO size is ₹26.02 Crores.
What is the Fresh issue size of Steelman Telecom IPO?
The Fresh issue size of Steelman Telecom IPO ₹18.21 Cr.
What is the Offer For Sale size of Steelman Telecom IPO?
The Offer For Sale size of Steelman Telecom IPO ₹7.81 Cr.
What is Steelman Telecom IPO Price Band?
Steelman Telecom IPO Price Band is ₹96 Per share.
What is Steelman Telecom IPO Minimum and Maximum Lot Size?
The minimum bid is 1200 Shares with ₹115,200 amount while the maximum bid is 1200 shares with ₹115,200.
What is Steelman Telecom IPO Investors Portion?
The investors’ portion for QIB 50%, NII 15%, RII 35%.
What is Steelman Telecom IPO Allotment Date?
Steelman Telecom IPO allotment date is 04 October 2022.
What is Steelman Telecom IPO Listing Date?
Steelman Telecom IPO listing date is 10 October 2022. The IPO to list on BSE, SME.
How to Apply the Steelman Telecom IPO through Zerodha?
“You Can Apply SME IPO in Zerodha”.Log in to Console in Zerodha Website. Go to Portfolio and Click on IPO. You will see the IPO Name “Steelman Telecom IPO”. Click on Bid Button. Enter your UPI ID, Quantity, and Price. Submit IPO Application Form. Now go to your UPI App on Net Banking or BHIM App to Approve the mandate.
How to Apply the Steelman Telecom IPO through Upstox?
“BSE SME IPO is Not Apply in Upstox”.Log in to Upstox Website or app. Go to Portfolio and Click on IPO. You will see the IPO Name “Steelman Telecom IPO”. Click on Bid Button. Enter your UPI ID, Quantity, and Price. Submit IPO Application Form. Now go to your UPI App on Net Banking or BHIM App to Approve the mandate.
How to Apply the Steelman Telecom IPO through Groww?
“BSE SME IPO is Not Apply in Groww”.Log in to Groww Website or app. Now you can see IPOs and Click on IPO. You will see the IPO Name “Steelman Telecom IPO”. Click on Bid Button. Enter your UPI ID, Quantity, and Price. Submit IPO Application Form. Now go to your UPI App on Net Banking or BHIM App to Approve the mandate.
How to Apply the Steelman Telecom IPO through Paytm Money?
“BSE SME IPO is Not Apply in Paytm Money“.Log in to the Paytm Money Website or app. Now you can see Invest is IPOs Section and Click on IPO. You will see the IPO Name “Steelman Telecom IPO”. Click on Bid Button. Enter your UPI ID, Quantity, and Price. Submit IPO Application Form. Now go to your UPI App on Net Banking or BHIM App to Approve the mandate.
| Steelman Telecom GMP: Click Here Steelman Telecom Subscription: Click Here Steelman Telecom Allotment: Click Here Steelman Telecom Listing: Click Here |
All Steelman Telecom IPO-related links are available here. If you want to know the details then click on Click Here Link.
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