Steelman Telecom IPO Details


Our Company was originally incorporated on May 12, 2003 as a private limited company in the name of “Dwarka Prasad Bindal and Sons Hotels Private Limited” under the provisions of the Companies Act, 1956 with the Registrar of Companies, West Bengal. Further, pursuant to a special resolution of our Shareholders passed in the Extra Ordinary General Meeting held on July 23, 2008 name of our Company was changed to “Steelman Telecom Private Limited” and a fresh certificate of incorporation was issued by Registrar of Companies, West Bengal on August 04, 2008. Subsequently, pursuant to a special resolution of our Shareholders passed in the Extra Ordinary General Meeting held on May 17, 2022 our Company was converted from a private limited company to public limited company and the name of our Company was changed to “Steelman Telecom Limited” and a fresh certificate of incorporation consequent to conversion was issued on July 08, 2022 by the Registrar of Companies, West Bengal. The Corporate Identification Number of our Company is U55101WB2003PLC096195. .



    Steelman Telecom IPO Date, Price & Offer Details

    Steelman Telecom IPO will be open on 26-09-2022 and will close on 29-09-2022. The following table provides all the information related to Steelman Telecom IPO including the date, price and offer details of Steelman Telecom IPO

    Steelman Telecom IPO Date, Price & Offer Details
    Issue Open 26-09-2022
    Issue Close 29-09-2022
    Allotment Date 04-10-2022
    Unblocked Amount 06-10-2022
    Credit Demat Amount 07-10-2022
    Listing Date 10-10-2022
    Issue Size
    27,10,800 Total Equity Share
    18,97,200 Fresh Issue Equity Share
    8,13,600 OFS Equity Share
    Issue Size ₹ 26.02 Cr
    ₹ 18.21 Cr Fresh
    ₹ 7.81 Cr OFS
    IPO Price Band ₹ 96 Per Equity Share
    Minimum Share Bid 1200
    Minimum Investment Amount [₹]  ₹ 1,15,200
    Face Value ₹ 10 Per Equity Share
    Qualified Institutional Buyer [QIB] 50 %
    High Networth Individual [HNI] 0 %
    Retail Individual Investor [RII] 50 %
    Listing On BSE SME

    Steelman Telecom Company Financial Report (₹ in Cr)

    As per we are checking Steelman Telecom company financials report and we are displaying report data as shown in below table.

    Steelman Telecom Company Financial Details (₹ in Cr)
    Financial Year Total Asset Total Revenue Total Expenses Profit After Tax
    FY-2019 - - - -
    FY-2020 36.21 87.94 86.51 -0.21
    FY-2021 36.98 90.15 88.42 1.37
    FY-202245.25 101.16 95.76 3.96
    Read More :- Steelman Telecom IPO GMP

    Steelman Telecom Company Valuation Details

    As per we check Steelman Telecom company financials report and we display company valuation report data as shown in below table

    Steelman Telecom Company Valuation Details
    Earnings Per Share [EPS] ₹ 5.23
    Price/Earnings [P/E] Ratio 18.36
    Return on Net Worth [RoNW] 25.74 %
    Net Asset Value [NAV] ₹ 30.90 Per Share

    Steelman Telecom IPO Rating

    As per Steelman Telecom company financials report, Steelman Telecom company RoNW is 25.74 % and NAV is around 30.90 as per FY21 earning. As per we check Steelman Telecom company financials report then after LiveIPO team are recommended for "Apply" rating for Steelman Telecom.

    Steelman Telecom IPO Rating
    LiveIPO Apply
    Hem Security -
    Read More :- Steelman Telecom IPO Allotment Status

    Steelman Telecom IPO Share Lot Size

    The share price of Steelman Telecom IPO is ₹96. So in Steelman Telecom IPO Minimum share lot is 1 lot with a 1200 share with an application amount of ₹1,15,200. And in retail category you can apply for a Maximum share lot is 1 lot with a 1200 share with an application amount of ₹1,15,200.

    Steelman Telecom IPO Share Lot Size
    Apllication Lot Size Shares Total Amount
    Minimum 1 1200 1,15,200
    Maximum 1 1200 1,15,200
    Read More :- Investment Call

    Steelman Telecom IPO Share Offer

    A total number of 27,10,000 shares have been offered in this public issue of Steelman Telecom IPO, out of this total share 18,97,200 shares have been allotted for Fresh Issue and another 8,13,600 shares are to be offered for (OFS) offer for sale.

    Steelman Telecom IPO Share Offer
    Category Share Offer Amount
    Fresh Issue: 18,97,200 18.21 Cr
    Offer For Sale: 8,13,600 7.81 Cr
    Total: 27,10,000 26.02 Cr
    Read More :- Upcoming IPO List

    Steelman Telecom IPO Related Link
    Steelman Telecom IPO GMP
    Steelman Telecom IPO Subscription
    Steelman Telecom IPO Allotment Status

    Steelman Telecom IPO Subscription Details

    Steelman Telecom Company has been issued total 27,10,800 shares through this IPO, a total 1,35,600 shares have been reserved for market movers for subscriptions as per the prospect report, and a total of 25,72,200 shares have been offered in QIB category and a total of - shares have been offered in RII.

    Steelman Telecom IPO Subscription Details
    As on Date QIB RII Total
    Shared Offered 12,86,100 12,86,100 25,72,200
    Day-1
    [26-09-2022]
    15,600
    [0.012]
    4,40,400
    [0.34]
    4,56,000
    [0.17]
    Day-2
    [27-09-2022]
    10,64,400
    [0.82]
    21,04,800
    [1.63]
    31,69,200
    [1.23]
    Day-3
    [29-09-2022]
    3,70,88,400
    [28.83]
    2,05,93,200
    [16.02]
    5,76,81,600
    [22.42]

    Steelman Telecom IPO Listing Details

    Steelman Telecom IPO has been listed on 10-10-2022. On the below table we are providing all the listing details with target price and stop loss.

    Steelman Telecom IPO Listing Details
    Listing Date 10-10-2022
    BSE Code -
    NSE Code -
    ISIN Code -
    IPO Price ₹ 96
    Lot Size 1200
    Expected Listing Price ₹ - ₹ -
    Book Profit ₹ -
    Stop Loss ₹ -
    Listing Group -
    - -

    Steelman Telecom IPO GMP, Grey Market Premium

    In the below table we are providing the latest rate of Steelman Telecom IPO GMP, Kostak Rate, Subject to Sauda, Listing Gain and Rating of this Steelman Telecom IPO.

    Steelman Telecom IPO Grey Market Premium
    Steelman Telecom IPO Grey Market Premium

    Steelman Telecom IPO Allotment Status

    Steelman Telecom IPO Allotment will be available on below link so click on below link and check your Steelman Telecom IPO Allotment Status.

    Steelman Telecom IPO Allotment Status
    Steelman Telecom IPO Allotment Status
      Steelman Telecom IPO Live Subscription
    Steelman Telecom IPO Subscription in BSE
    Steelman Telecom IPO Prospectus
    Steelman Telecom IPO DRHP
    Steelman Telecom IPO RHP

    Steelman Telecom Company Contact Details

    Steelman Telecom Ltd
    Rishi Tower, Premises No. 02-315,
    Street No. 315, New Town,
    Kolkata-700 156, West Bengal, India.
    Contact Person: Ms. Nidhi Goyal,
    Company Secretary and Compliance Officer
    Tel: 8443022233

    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
    Investor Grievance E-mail: investor@bigshareonline.com
    Contact Person: Mr. Aniket Chindarkar
    SEBI Registration No.: INR000001385
    CIN: U99999MH1994PTC076534

    Steelman Telecom IPO Lead Managers

    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.
    Tel No.: +91 22 4002 5273 / 96532 49863
    Contact Person: Ms. Dimple Magharam Slun
    SEBI Registration No: INM000012177
    CIN: L74999MH2008PLC288128

    Steelman Telecom IPO FAQs

    What is the Steelman Telecom IPO?
    Steelman Telecom IPO is the Main Board IPO of 27,10,800 equity shares of the face value of ₹10 aggregating up to ₹26.02 Crores. The issue is priced at ₹96 per equity share. The minimum order quantity is 1200 Shares.

    Who is the registrar company of Steelman Telecom IPO?
    Bigshare Services Private Limited is the registrar company of Steelman Telecom IPO.

    When is the Steelman Telecom IPO Opening date?
    The Steelman Telecom IPO Opening on 26-09-2022

    When is the Steelman Telecom IPO Closing date?
    The Steelman Telecom IPO Closing on 29-09-2022

    When is the Steelman Telecom IPO allotment date?
    The Steelman Telecom IPO Allotment will be done on 04-10-2022

    Steelman Telecom IPO Allotment Status

    On what date will the Steelman Telecom IPO amount be refunded?
    Steelman Telecom IPO will refund the amount on 06-10-2022

    On which date Steelman Telecom IPO Shares will be credited to the demat account?
    The Steelman Telecom IPO Shares will be credited to your demat account on 07-10-2022.

    When is the Steelman Telecom IPO listing date?
    The Steelman Telecom IPO listing date is on 10-10-2022.

    What is the Steelman Telecom IPO Price Band?
    Steelman Telecom IPO Price Band is ₹96  per equity share.

    What is the lot size of the Steelman Telecom IPO?
    Steelman Telecom IPO the minimum bid is 1200 Shares with ₹1,15,200 amount and maximum bid is 1200 shares with ₹1,15,200.

    What is the expected Steelman Telecom IPO Listing Price?
    As Per Grey Market Premium (GMP) and Market view we are expected to listing Steelman Telecom IPO is around ₹ - to ₹ -

    What is the Steelman Telecom IPO Expected Returns?
    As per Grey Market Premium (GMP), Steelman Telecom IPO Expected Returns is -% .

    What is the NSE and BSE Code for the Steelman Telecom IPO?
    The Steelman Telecom IPO NSE Code is - and the BSE Code is -.

    What is the stop loss in the Steelman Telecom IPO?
    If the Steelman Telecom IPO goes below - then sell the Steelman Telecom IPO.

    What will i do in Steelman Telecom IPO?
    If the Steelman Telecom IPO listing above - then sell the Steelman Telecom IPO and book profit.

    How to check Steelman Telecom IPO Allotment Status?
    Below we are provide all the step how to check Steelman Telecom IPO allotment online

    • Go to the Steelman Telecom IPO Allotment Status Link
    • Click on Click Here button
    • Select Steelman Telecom IPO
    • Enter your details (PAN Number, Application Number, DP Client ID)
    • Click Search Button
    • After Click on Search button you will be able to see allotment status
    • How to Apply the Steelman Telecom IPO?
    • You can apply for the Steelman Telecom IPO using ASBA online through your internet banking.
    • You can also apply for the Steelman Telecom IPO via your stock brokers’ office by filling up the offline application form and submitting  it to your Bank.

    Disclaimer:-

    • I request all investors, before applying for any IPO, please check the fundamentals and financial condition of the company and then applying to any IPO.
    • www.liveipo.in will not be responsible for any kind of losses. So apply to any IPO at your risk.
    • We are not buying or selling any IPO forms regarding IPO Grey Market premium. We are only provide only recommendation of any IPO.
    • Please do not subscribe to any IPO by just seeing the Grey Market Premium Price. It can change at any time.

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