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Salasar Exteriors and Contour

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.

₹36 - ₹36Open
Listed Price₹36.00
Listing Gain+0.00%

IPO Schedule & Timeline

Fixed Price IPO
Open28 Aug 2019
Close03 Sep 2019
Allotment09 Sep 2019
Listing12 Sep 2019

Quota Reservation & Application Lots

Quota Reservation (% Shares)

Market Maker1,20,000 shares
5.08%

Minimum Application Lots

Retail1 Lot (3,000 shares)
₹1,08,000
HNI2 Lots (6,000 shares)
₹2,16,000

Company Promoters

Mr. Shreekishan JoshiMr. Videh Shreekishan Joshi

Company Background

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 ...

Financial Performance

Figures in ₹ Crores
Metric Breakdown

Revenue

Latest (31-July-18)₹177.83 Cr
Revenue Trend (₹ in Crores)
0.068.2136.3204.531-July-18
PeriodRev (Cr)PAT (Cr)AssetsDebt
31-July-18177.837.662737.020

Broker & Analyst Reviews

Review Not Available

Institutional broker reviews and analyst reports have not been released for this issue yet. Reviews are typically published 2 to 3 days prior to the issue opening date.

IPO Allotment & Registrar Status

Official Registrar: Kfin Technologies Limited

Allotment Finalized
Allotment Date
09 Sep 2019
Official Status
Out / Finalized
Registrar
Kfin Technologies Limited
Listing Date
12 Sep 2019

Official Allotment Verification Links

Official Registrar Portal
Kfin Technologies Limited

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BSE India Investor Portal

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Allotment Schedule & Milestones

IST
1. Allotment Finalization09 Sep 2019Basis of allotment declared
2. Refund Initiation1 day post allotmentUPI / ASBA mandate unblocked
3. Demat CreditPrior to listingShares credited to CDSL/NSDL
4. Listing Date12 Sep 2019Trading commences on exchange

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3Enter Details

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About Salasar Exteriors and Contour IPO

Complete issue overview for Salasar Exteriors and Contour (SECL) IPO. The issue features an equity share price band of ₹36 per share with a minimum retail lot size of 3000 Shares (minimum application amount of ₹1,08,000). Explore live market tracking on our GMP Tracker, compare against All IPO GMP Today, or view category bidding on the Subscription Page. Verify official allotment via IPO Registrars or review participating investment bankers in our Lead Managers Directory.

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