31 Mar 2020
Assets36.22
Total Income87.95
Profit After Tax-0.23
NET Worth9.85
Reserves and Surplus4.87
At a glance
Updated 2026-08-23The shares listed at ₹161.00, a 67.71% move from the issue price. Steelman Telecom is a SME IPO with an issue size of ₹26.02 crore, proposed for listing on BSE SME. The offer opens on 26th Sep 2022 and closes on 29th Sep 2022. The issue structure includes a fresh issue of ₹16.91 crore and an offer-for-sale component of ₹7.81 crore. The current listing schedule points to 10th Oct 2022.
Issue details
Listing atBSE SME
Issue typeFixed Price Issue
Issue size₹26.02 Cr
Fresh issue₹16.91 Cr
Offer for sale₹7.81 Cr
Face value₹10
Price band—–—
Allotment7th Oct 2022
Listing10th Oct 2022
Listing performance
Full performance ↗Issue price₹96.00
Listing price₹161.00
Current price—
Listing gain67.71%
Current return—
Price progressionIssue → Listing → Current
Grey market
GMP page ↗Latest GMP₹53.00
GMP / upper priceNO DATA
Est. listing₹149.00
GMP is unofficial sentiment data, not an exchange price.
Timeline
Opens26th Sep 2022
Closes29th Sep 2022
Allotment7th Oct 2022
Refund10th Oct 2022
Demat10th Oct 2022
Listing10th Oct 2022
Subscription demand
Full bidding ↗Total22.40×
Lot size
| Investor | Lots | Shares | Amount |
|---|---|---|---|
| Minimum Bid | 1 | 1200 | — |
Company
Incorporated2013
Use of proceeds
| Object | Amount |
|---|---|
| Investment in Subsidiary | ₹5.00 Cr |
| Working Capital Requirements | ₹8.00 Cr |
| General Corporate Purposes | ₹4.10 Cr |
Financials
Full financials ↗31 Mar 2021
Assets36.98
Total Income90.16
Profit After Tax1.38
NET Worth11.49
Reserves and Surplus6.51
31 Mar 2022
Assets45.26
Total Income101.16
Profit After Tax3.97
NET Worth15.41
Reserves and Surplus10.42
Trend chart₹ crore
KPIs
| KPI |
|---|
| ROE |
| ROCE |
| Debt / Equity |
| RoNW |
| PAT Margin |
Valuation & shareholding
Pre-IPO EPS5.23
Pre-IPO P/E23.41
Promoter holding pre100%
Promoter holding post71.98%
Market cap₹92.89 Cr.
Issue expenses
| Expense | Amount |
|---|---|
| Payment to the Lead Manager | ₹0.29 Cr |
| Market Making Fees | ₹0.10 Cr |
| Fees payable to Registrar to Issue | ₹0.01 Cr |
| Fees to Legal Advisor | ₹0.01 Cr |
| Advertisement Expenses | ₹0.01 Cr |
| Fees payable to Regulators including Stock Exchange | ₹0.02 Cr |
| Printing & Distribution Expenses | ₹0.01 Cr |
| Underwriting Fees | ₹1.00 Cr |
| Marketing & Selling Expenses | ₹0.10 Cr |
| Payment to Sponsor Bank | ₹0.01 Cr |
| Statutory & Other Reports | ₹0.01 Cr |
Registrar & lead managers
Registrar
Bigshare Services Pvt.Ltd.Lead managers
- Gretex Corporate Services Ltd.
Offer documents
Data is reconciled from multiple public IPO sources. Official exchange filings and offer documents remain the source of truth. Last verified 2026-08-23.