Steelman Telecom Limited

Company Profile
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

Registrar Details

Name Bigshare Services Pvt Ltd
Phone +91-22-6263 8200

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%

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