Steelman Telecom Limited
ListedSMEInformation Technology / Telecom Services · BSE
Incorporated in 2013, Steelman Telecom Limited provides support services and solutions for the telecom industry, addressing network requirements through network survey and planning, installation and commissioning, network testing and optimization, network solutions, and managed services for maintenance. Headquartered in Kolkata, the company also operates branch offices in Bhubaneswar and Gurgaon. Its service offerings include telecom implementation, radio frequency services, engineering procurement construction management (EPCM), managed services, operations and maintenance, payroll and resource management, and new generation technology solutions.
Price Band
₹96
Issue Size
₹26.02 Cr
Lot Size
1200 shares
GMP
₹53
+55.2%
Est. Listing
₹149
at current GMP
Subscribed
22.40x
overall
Open
26 Sep 2022
Close
3 Oct 2022
Allotment
7 Oct 2022
Refund
8 Oct 2022
Demat Credit
9 Oct 2022
Listing
10 Oct 2022
Last updated 12 days ago
Overall Subscription
22.40x
Total Demand
QIB Multiplier
0.00x
Institutions & Funds
NII / HNI
0.00x
High Net-Worth
Retail (RII)
0.00x
Individual Bidders
Category-Wise Subscription Breakup
Live bidding breakdown by institutional, non-institutional, and retail investors
| Category | Shares Offered | Shares Applied / Bid | Times Subscribed |
|---|---|---|---|
| Qualified Institutional (QIB) | 1,355,208 | — | 0.00x |
| Non-Institutional (NII / HNI) | 406,563 | — | 0.00x |
| Retail Individual (RII) | 948,646 | — | 0.00x |
| Total | 2,710,417 | 0 | 22.40x |
Application-Wise Breakup
Total unique applications received across retail and HNI tranches
| Category | Applications Reserved | Applications Received | Times Subscribed |
|---|---|---|---|
| Retail (RII) | 791 | 17,718 | 22.40x |
| HNIs (10L +) | 5 | 112 | 22.40x |
| HNIs (2-10L) | 24 | 538 | 22.42x |
| Total Applications | 820 | 18,368 | 22.40x |
Day-Wise Subscription Progress
Track continuous institutional and retail bidding order books for all active issues on the ipo live subscription feed.
About Steelman Telecom Limited Public Issue & Market Profile
Steelman Telecom Limited is bringing an initial public offering (IPO) in the Information Technology / Telecom Services sector with an aggregate issue size of ₹26.02 Crores. The shares are offered at a price band of ₹96 to ₹96 per equity share on BSE. Currently, grey market participants and retail investors are watching the bidding trend, premium movement, and anchor book demand with keen interest.
Bidding & Quota Instructions:
Prospective investors can apply in the retail quota with a minimum of 1 lot comprising 1200 shares (approx. ₹1,15,200 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 Schedule:
Allotment reconciliation will be managed by Bigshare Services Private Limited. Eligible allottees will receive credit of equity shares into their Demat accounts by 2022-10-09, while un-allotted funds or UPI block mandates will be released on 2022-10-08.
Frequently Asked Questions
What is Steelman Telecom Limited IPO GMP today?
The latest Grey Market Premium (GMP) for Steelman Telecom Limited IPO is ₹53 per equity share. Based on the upper price band of ₹96 to ₹96 per equity share, the estimated listing price is ₹149 (+55.2% expected listing gain).
What is the expected profit per lot for Steelman Telecom Limited IPO?
With a lot size of 1200 shares and current GMP of ₹53, the expected profit per application lot is approx ₹63,600 (+55.2% gain). Minimum application cost is approx ₹1,15,200.
What is the issue size and price band for Steelman Telecom Limited IPO?
The Steelman Telecom Limited IPO aggregate issue size is ₹26.02 Crores with an equity price band set at ₹96 to ₹96 per equity share. The retail lot size is 1200 shares requiring a minimum capital outlay of approx. ₹1,15,200.
How can I check Steelman Telecom Limited IPO live subscription demand?
Live subscription figures are compiled real-time from the NSE and BSE bidding engines. Currently, overall subscription is 22.40x (Retail: 0.00x, QIB: 0.00x, NII: 0.00x). You can track live multiples directly on our dedicated subscription page.
Where and when will Steelman Telecom Limited IPO allotment status be published?
The basis of allotment will be published on the official registrar portal (Bigshare Services Private Limited) and the BSE status verification website on or around 2022-10-07. Investors can verify status using PAN card or application number.
When is the listing date for Steelman Telecom Limited IPO?
Steelman Telecom Limited shares are scheduled to list on BSE on 2022-10-10.