Salasar Techno Engineering debuted at Rs 259.15 on the BSE, up by 151.15 points or 139.95% from its issue price of Rs 108.
The scrip is currently trading at Rs 272.10, up by 164.10 points or 151.94% from its issue price. It has touched a high and low of Rs 272.10 and Rs 250.00 respectively. So far 10,43,000 shares were traded on the counter.
The offering, which was open for subscription between July 12 and July 17, was subscribed 270 times. The issue price was fixed at Rs 108 per share on the Bombay Stock Exchange (BSE).
Rajasthan-based Salasar Techno Engineering provides customized steel fabrication and infrastructure solutions for telecommunication towers, transmission towers and substation structures and solar module mounting structures. The company provides 360 degree solutions by carrying out engineering, designing, fabrication, galvanization and deployment.
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