
Emerging SME Services · NSE
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.
Price Band
₹36
Issue Size
₹8.50 Cr
Lot Size
3000 shares
GMP
Est. Listing
₹36
at current GMP
Subscribed
—
Open
28 Aug 2019
Close
3 Sep 2019
Allotment
9 Sep 2019
Refund
10 Sep 2019
Demat Credit
11 Sep 2019
Listing
12 Sep 2019
Overall Subscription
0.00x
Total Demand
QIB Multiplier
0.00x
Institutions & Funds
NII / HNI
0.00x
High Net-Worth
Retail (RII)
0.00x
Individual Bidders
Live bidding breakdown by institutional, non-institutional, and retail investors
| Category | Shares Offered | Shares Applied / Bid | Times Subscribed |
|---|---|---|---|
| Qualified Institutional (QIB) | 1,180,556 | — | 0.00x |
| Non-Institutional (NII / HNI) | 354,167 | — | 0.00x |
| Retail Individual (RII) | 826,389 | — | 0.00x |
| Total | 2,361,112 | 0 | 0.00x |
Total unique applications received across retail and HNI tranches
| Category | Applications Reserved | Applications Received | Times Subscribed |
|---|---|---|---|
| Retail (RII) | 275 | 275 | 1.00x |
| HNIs (10L +) | 2 | 2 | 1.00x |
| HNIs (2-10L) | 8 | 8 | 1.00x |
| Total Applications | 285 | 285 | 1.00x |
Track continuous institutional and retail bidding order books for all active issues on the ipo live subscription feed.
Salasar Exteriors and Contour Ltd is bringing an initial public offering (IPO) in the Emerging SME Services sector with an aggregate issue size of ₹8.5 Crores. The shares are offered at a price band of ₹36 to ₹36 per equity share on NSE. Currently, grey market participants and retail investors are watching the bidding trend, premium movement, and anchor book demand with keen interest.
Prospective investors can apply in the retail quota with a minimum of 1 lot comprising 3000 shares (approx. ₹1,08,000 minimum investment). High net-worth individuals (HNI/NII) can bid in the sHNI (₹2 Lakh to ₹10 Lakh) or bHNI (above ₹10 Lakh) categories for enhanced quota allocation.
Allotment reconciliation will be managed by Kfin Technologies Limited. Eligible allottees will receive credit of equity shares into their Demat accounts by 2019-09-11, while un-allotted funds or UPI block mandates will be released on 2019-09-10.
Currently, Salasar Exteriors and Contour Ltd IPO Grey Market Premium (GMP) is not actively quoted or is quoted flat at ₹0. The shares are expected to list close to the issue price band of ₹36 to ₹36 per equity share.
The retail lot size is 3000 shares requiring a minimum application amount of ₹1,08,000. Expected listing price is ₹36 per equity share.
The Salasar Exteriors and Contour Ltd IPO aggregate issue size is ₹8.5 Crores with an equity price band set at ₹36 to ₹36 per equity share. The retail lot size is 3000 shares requiring a minimum capital outlay of approx. ₹1,08,000.
Live subscription figures are compiled real-time from the NSE and BSE bidding engines. Currently, overall subscription is 0.00x (Retail: 0.00x, QIB: 0.00x, NII: 0.00x). You can track live multiples directly on our dedicated subscription page.
The basis of allotment will be published on the official registrar portal (Kfin Technologies Limited) and the BSE status verification website on or around 2019-09-09. Investors can verify status using PAN card or application number.
Salasar Exteriors and Contour Ltd shares are scheduled to list on NSE on 2019-09-12.