Skip to main content
Salasar Exteriors and Contour Ltd Logo

Salasar Exteriors and Contour Ltd

Offer PeriodAug 28, 2019 – Sep 03, 2019
Listed Price
₹36.00
+0.00%
Price Band₹36 - ₹36
Lot Size3,000 Shares
Allotment DateSep 09, 2019
Listing DateSep 12, 2019
Subscription-
Issue Size₹8.50 Cr

IPO Details

Subscription

lot distribution

Lot Distribution

reservation

Reservation

company financials

Company Fin.

₹0
(0.00%)

Premium (ELP)

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.

Salasar Exteriors IPO Details
IPO Date
:
Aug 28, 2019 to Sep 03, 2019
Allotment Date
:
Sep 09, 2019
List Date
:
Sep 12, 2019
Lot Size
:
3,000 share
Issue Price
:
₹36 - ₹36
Issue Size
:
23,60,000 (aggregating up to 8.50 Cr)
Fresh Issue
:
-
Offer For Sale
:
-
Listing At
:
NSE
Share Holding Pre-Issue
:
58,74,868
Share Holding Post-Issue
:
82,34,868
Market Marker Portion
:
1,20,000
Lot(s) Distribution

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.

IPO Reservation
Shares1,20,000
Market Maker
100.00%(1,20,000)
Total
100.00%(1,20,000)
Salasar Exteriors IPO Key Performance Indicators
Company Financials (in Lakhs)
Salasar Exteriors IPO About Company

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."

Salasar Exteriors IPO Strength Factors
  1. Genuine product range with reliable customer support
  2. Main focus on construction-related business
  3. Led by experienced senior management and promoters
⚠️Salasar Exteriors IPO Risk Factors

NA

🏦Salasar Exteriors IPO Lead Manager(s)
Navigant Corporate Advisors Limited
👤Salasar Exteriors IPO Promoter(s)
  1. Mr. Shreekishan Joshi
  2. Mr. Videh Shreekishan Joshi
🏢Salasar Exteriors IPO Company Details

Salasar Exteriors and Contour Ltd

Phone:+91 22-67083366
address:A-922/923, Corporate Avenue, Sonawala Road, Near Udyog Nagar Bhuvan, Goregaon East, Mumbai, Maharashtra - 400063
📋Salasar Exteriors IPO Registrar

Kfin Technologies Limited

Name:Kfin Technologies Limited
Phone:04067162222
Salasar Exteriors IPO FAQs
IPO Trend Assistant
Online
Powered by IPO Trend