Steelman Telecom Ltd - Prospectus Synopsis
Steelman Telecom Ltd 
RHP
Registered Office : Rishi Tower Premises No 02-315 , Street No 315 New Town , Kolkata - 700156 , West Bengal , India.
Phone : 91-330-5785325 Fax :
Email :info@steelmantelecom.in Website : www.steelmantelecom.com
Public issue of 27,10,800 equity shares of face value of Rs. 10.00 each (Equity Shares) of Steelman Telecom Limited (the Company or the Issuer) for cash at a price of Rs. 96.00 per equity (the Issue Price) aggregating to Rs. 26.02 crores (The Issue) comprising of a fresh issue of 18,97,200 equity shares aggregating to Rs. 18.21 crores (the Fresh Issue) and an offer for sale of 8,13,600 equity shares by the selling shareholders (Offer for Sale) aggregating to Rs. 7.81 crores of which 135,000 equity shares aggregating to Rs. 1.30 crores will be reserved for subscription by market maker to the issue (the Market Maker Reservation Portion). The issue less the market maker reservation portion i.e. net issue of 25,75,200 equity shares aggregating to Rs. 24.72 crores (the Net Issue). The issue and the net issue will constitute 28.02% and 26.61% respectively of the post issue paid up equity share capital of the company. The face value of the equity share is Rs. 10.00 and the issue price is 9.6 times of the face value of the equity shares.
| Issue | Money Payable On | ||
|---|---|---|---|
| Opens On | Closes On | Application | Allotment |
| 9/26/2022 12:00:00 AM | 9/29/2022 12:00:00 AM | Rs 96 - 0 | Rs 0 - 0 |
| Minimum Application for shares in Nos : 1200 Further Multiples of : 1200 | |||
| Rs Cr | Lead Managers to the Issue | |
|---|---|---|
| Project Cost | 17.1 | Gretex Corporate Services Ltd |
| Project Financed through Current Offer | 26.02 | |
| Post Issue Equity Share Capital | 17.1 | |
| Issue Price | Rs. 96 |
| Projects |
|---|
| Investment In subsidiary |
| Promoted By | Listing At | Registrar to the Issue | |
|---|---|---|---|
| - | Bigshare Services Pvt Ltd |
ATTENTION INVESTORS
- Prevent Unauthorized Transactions in your demat / trading account Update your Mobile Number/ email Id with your stock broker / Depository Participant. Receive information of your transactions directly from Exchanges on your mobile / email at the end of day and alerts on your registered mobile for all debits and other important transactions in your demat account directly from NSDL/ CDSL on the same day." - Issued in the interest of investors.
- KYC is one time exercise while dealing in securities markets - once KYC is done through a SEBI registered intermediary (broker, DP, Mutual Fund etc.), you need not undergo the same process again when you approach another intermediary.
- No need to issue cheques by investors while subscribing to IPO. Just write the bank account number and sign in the application form to authorise your bank to make payment in case of allotment. No worries for refund as the money remains in investor's account."
www.indiainfoline.com is part of the IIFL Group, a leading financial services player and a diversified NBFC. The site provides comprehensive and real time information on Indian corporates, sectors, financial markets and economy. On the site we feature industry and political leaders, entrepreneurs, and trend setters. The research, personal finance and market tutorial sections are widely followed by students, academia, corporates and investors among others.
Risk Disclosure on Derivatives
- 9 out of 10 individual traders in equity Futures and Options Segment, incurred net losses.
- On an average, loss makers registered net trading loss close to Rs. 50,000.
- Over and above the net trading losses incurred, loss makers expended an additional 28% of net trading losses as transaction costs.
- Those making net trading profits, incurred between 15% to 50% of such profits as transaction cost.
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ATTENTION INVESTORS
- Prevent Unauthorized Transactions in your demat / trading account Update your Mobile Number/ email Id with your stock broker / Depository Participant. Receive information of your transactions directly from Exchanges on your mobile / email at the end of day and alerts on your registered mobile for all debits and other important transactions in your demat account directly from NSDL/ CDSL on the same day." - Issued in the interest of investors.
- KYC is one time exercise while dealing in securities markets - once KYC is done through a SEBI registered intermediary (broker, DP, Mutual Fund etc.), you need not undergo the same process again when you approach another intermediary.
- No need to issue cheques by investors while subscribing to IPO. Just write the bank account number and sign in the application form to authorise your bank to make payment in case of allotment. No worries for refund as the money remains in investor's account."
www.indiainfoline.com is part of the IIFL Group, a leading financial services player and a diversified NBFC. The site provides comprehensive and real time information on Indian corporates, sectors, financial markets and economy. On the site we feature industry and political leaders, entrepreneurs, and trend setters. The research, personal finance and market tutorial sections are widely followed by students, academia, corporates and investors among others.
Risk Disclosure on Derivatives
- 9 out of 10 individual traders in equity Futures and Options Segment, incurred net losses.
- On an average, loss makers registered net trading loss close to Rs. 50,000.
- Over and above the net trading losses incurred, loss makers expended an additional 28% of net trading losses as transaction costs.
- Those making net trading profits, incurred between 15% to 50% of such profits as transaction cost.
Copyright © IIFL Securities Ltd. All rights Reserved.
Stock Broker SEBI Regn. No: INZ000164132, PMS SEBI Regn. No: INP000002213, IA SEBI Regn. No: INA000000623, SEBI RA Regn. No: INH000000248
We are ISO 27001:2013 Certified.
This certificate demonstrates that IIFL as an organization has defined and put in place best-practice information security processes.