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Steelman Telecom IPO Date, GMP, Price, Review, Allotment

Steelman Telecom IPO

Table of Contents

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

  • Avoid / Risky

Steelman Telecom IPO GMP Live Rates day by day with Kotak rates.

DateGMPKostakSubject to
29 September₹20₹-₹15000

Steelman Telecom IPO Date & Price Band Details

Steelman Telecom IPO Open:September 26, 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 BSE website. Check out the Steelman Telecom forms – click BSE IPO Forms download, fill and submit in your bank or with your broker.

Steelman Telecom Company Financial Report

₹ in Crores
RevenueExpensePAT
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

  • Mr. Mayank Bindal

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?

Log in to Console in Zerodha Website or in Application. Go to Portfolio and Click on IPO. You will see the IPO Name “Steelman Telecom”. 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. Open Demat Account with Zerodha.

How to Apply the Steelman Telecom IPO through Upstox?

Log in to Upstox Application with your credentials. Select the IPO. You will see the IPO Name “Steelman Telecom”. Click on Bid Button. Confirm your application. Now go to your UPI App on Net Banking or BHIM App to Approve the mandate. Open Demat Account with Upstox.

How to Apply the Steelman Telecom IPO through Paytm Money?

Log in to Paytm Money Application with your credentials. Select the IPO. You will see the IPO Name “Steelman Telecom”. Click on Bid Button. Confirm your application. Now go to your UPI App on Net Banking or BHIM App to Approve the mandate. Open Demat Account with 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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