Salasar Exteriors and Contour Ltd
IPO Details
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Having completed its public offering, Salasar Exteriors and Contour Ltd's is now listed and trading on the NSE exchange as of Sep 12, 2019. The IPO raised cumulative capital of 23,60,000 Shares, including TBD in primary capital infusion.
The IPO was conducted with a price range of ₹36 to ₹36 and minimum investment requirement of 3000 shares. subscription activity between Aug 28, 2019 and Sep 03, 2019 reflected market assessment of the offering's valuation and prospects.
The allotment process finalized on Sep 09, 2019 distributed equity ownership to successful bidders. The listing established a transparent market mechanism for share trading, price discovery, and investor participation in the company's future growth.
Investors can bid starting from the minimum lot size specified for this IPO, and only in multiples of that lot size. The table below shows the minimum and maximum investment for retail investors and HNIs in terms of lots, quantity, and amount.
Salasar Exteriors and Contour Ltd, incorporated in 2018 and based in Mumbai, is involved in providing interior and exterior design and execution services. The company handles a variety of projects across sectors like departmental stores, hostels, residential spaces, budget hotels, hospitals, commercial spaces, healthcare, and corporate offices. Its services cover a broad range, including conceptual development, construction management, space planning, and on-site execution, along with coordination between various project teams and research-based design planning. Originally started as a sole proprietorship under Mr. Shreekishan Joshi, the company now follows a turn-key approach, managing everything from structural design to execution. It also handles installation work and provides additional services such as interior finishing, furniture, and MEP (Mechanical, Electrical, and Plumbing) services. At present, Salasar is working on Walmart departmental store projects in Indore and Nizamabad, having already completed stores in Amravati, Bhopal, and Aurangabad. Its client list includes well-known names such as JSW Steel, Tata Power, Accenture, Birla Estates, Holiday Inn Express, and Godrej.
Note : "Calculations for ‘Shares Offered’ and ‘Total Amount’ are based on the highest price in the issue price band."
- Genuine product range with reliable customer support
- Main focus on construction-related business
- Led by experienced senior management and promoters
NA
- Mr. Shreekishan Joshi
- Mr. Videh Shreekishan Joshi
Salasar Exteriors and Contour Ltd
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