Salasar Techno Engineering IPO
Salasar Techno Engineering Limited (SALASAR) · mainboard IPO on NSE and BSE · Fixed Price. Listed on 25 July 2017.
Listed 25 Jul
Listing gain +131.5%
Issue details
Price band
₹108
Issue price
₹108
Lot size
125 shares
Min. retail bid
₹13,500
Max. retail bid
14 lots (₹1,89,000)
Issue size
—
Face value
₹10
Bidding
12 Jul – 17 Jul 2017
Listing
25 Jul 2017
Retail quota
—
Registrar
BigShare Services Private Limited
Listing day
Listed at
₹250
+131.5% vs issue price ₹108
Day's high
₹262
+143.1% · low ₹250 (+131.5%)
Day's close
₹262
+143.1% · traded ₹18.6 Cr
Past IPOs with similar demand
Earlier mainboard IPOs whose QIB, NII and retail subscription and size were closest to Salasar Techno Engineering's, and how they listed.
| IPO | QIB | NII | Retail | Total | Size | Listing gain | Day high |
|---|---|---|---|---|---|---|---|
| Mahanagar GasJun 2016 | — | — | — | — | — | +28.3% | +30.4% |
| Parag Milk FoodsMay 2016 | — | — | — | — | — | +1.2% | +16.1% |
| Equitas HoldingsApr 2016 | — | — | — | — | — | +31.9% | +33.6% |
| Bharat Wire RopesMar 2016 | — | — | — | — | — | +5.0% | +5.0% |
| Quick Heal TechnologiesFeb 2016 | — | — | — | — | — | -5.0% | +2.8% |
| HealthCare Global EnterprisesMar 2016 | 2.36x | 0.43x | 0.83x | 1.56x | ₹650 Cr | -3.6% | -2.8% |
Lead managers and their listing record
| Book running lead manager | Mainboard IPOs since 2019 | Avg listing gain | Listed at a premium |
|---|---|---|---|
| Sarthi Capital Advisors | 4 | +11.6% | 75% |
Frequently asked
What is the Salasar Techno Engineering IPO price band and lot size? ₹108 per share, with a lot of 125 shares, so the smallest retail bid is ₹13,500.
How did it list? It opened at ₹250, +131.5% against the issue price of ₹108, and closed its first day +143.1%.
Other IPOs of 2017
Astron Paper & Board MillsFuture Supply Chain SolutionsShalbyHDFC Standard Life Insurance CompanyKhadim IndiaThe New India Assurance CompanyMahindra LogisticsReliance Nippon Life Asset Management
All 2017 IPOs →
Important: The AI listing estimates on Flash Finance are statistical estimates drawn from
how past Indian IPOs have listed. They are not a forecast of what any IPO will do, not a recommendation to apply, buy or sell,
and not investment advice. Listing prices depend on market conditions on the listing day and can differ widely from any
estimate; past patterns may not repeat. Subscription figures are as published by NSE (bids on NSE and BSE together) and can be
revised. Flash Finance is not a SEBI-registered investment adviser or research analyst. Read the issue's Red Herring
Prospectus and consult a SEBI-registered adviser before you invest.
