Salasar Techno Engineering to list on bourses on July 25
DSIJ Intelligence / 24 Jul 2017
The funds were raised in order to meet the working capital requirements, including, margin money, general corporate purpose and to meet the issue expenses were the funds raised.
Steel fabrication and infrastructure solutions provider Salasar Techno Engineering, is going to list on bourses on July 25, 2017. The company had received a huge response for its initial public offerings (IPO). On its last day of subscription, the IPO issue was oversubscribed 273 times as of 2100 hours.
The total issue size was 33,21,000 shares. Total bids received stood at 90,67,92,375 shares, whereas total bids received at cut-off price stood at 4,51,42,750 shares.
The funds were raised in order to meet the working capital requirements, including, margin money, general corporate purpose and to meet the issue expenses were the funds raised.
Following details regarding the listing of Salasar Techno Engineering was given by NSE in its press release:
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