Steelman Telecom Limited

Company Name	Steelman Telecom Limited
Open Date	26-09-2022
Close Date	29-09-2022
Exchange	BSE SME
Lot Size	1200 Shares
Issue Price	₹ 96 per share
Issue Size	27,10,800 Equity Shares
Application Amount	₹ 1,15,200
Recommendation	Avoid

Steelman Telecom Limited was incorporated in the year 2003 and has its headquarter in Kolkata. The company also has branch offices in Bhubaneshwar and Gurgaon. The company is engaged in providing support services and solutions to address the Network requirements of Telecom industry. Company provides services for Network Survey and Planning, Installation and Commissioning, Network Testing and Optimization, Network Solutions and Managed Services for network maintenance.

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Summary of Financials (All financials in Lakh)

For the Period Ended	Mar-22	Mar-21	Mar-20
Total Assets	4,525.76	3,698.44	3,621.76
Net Assets	1,540.72	1,149.14	985.21
Total Borrowings	1,489.08	1,224.6	1,465.44
Total Revenue	10,116.31	9,015.50	8,794.62
Profit After Tax	396.58	137.64	(22.91)

Tentative Timeline

Opening Date	26-09-2022
Closing Date	29-09-2022
Basis of Allotment	07-10-2022
Initiation of Refunds	10-10-2022
Credit of Shares to Demat	10-10-2022
Listing Date	10-10-2022

Objects of the Issue

Investment in Subsidiary

Working Capital Requirements

General Corporate Purposes

Contact Information

Registered Office	Steelman Telecom Limited Rishi Tower, Premises No. 02-315, Street No. 315, New Town, Kolkata- 700156
Phone	8443022233
Email	info@steelmantelecom.in
Website	http://www.steelmantelecom.com/

Offer Documents

Steelman Telecom Limited DRHP

Steelman Telecom Limited RHP

Registrar Details

Name	Bigshare Services Pvt Ltd
Phone	+91-22-6263 8200
Email	ipo@bigshareonline.com
Website	https://ipo.bigshareonline.com/ipo_status.html

IPO Reservation

Anchor Investor Shares Offered	-
Market Maker Shares Offered	135,600 (5.00%)
Other Shares Offered	12,86,400 (47.45%)
Other Shares Offered	3,86,400 (14.25%)
Retail Shares Offered	9,02,400 (33.29%)
Total Shares Offered	27,10,800 (100%)

Shareholding Pattern

Share Holding Pre Issue (Promoters)	100.00%
Share Holding Post Issue (Promoters)	71.98%