Salasar Exteriors

Salasar Exteriors and Contour Ltd Company Details

Salasar Exteriors and Contour Ltd Company Details

Salasar Exteriors and Contour Ltd engaged in the business of interior and exterior design and civil works since  2006 later incorporated in 2018 at Mumbai, Maharashtra. The company has a wide market across ten states in the country.  It has completed projects for departmental stores, hostels, residential, budget hotels, hospitals, commercials, the healthcare sector, and corporate offices.

Currently, it is working on execution and carving out Walmart’s departmental stores in Indore & Nizamabad, India. It has already completed 3 stores in Amravati, Bhopal, and Aurangabad. Some of the other major clients of the company include JSW Steel Limited,  TATA Power, Accenture, Birla Estates, Holiday Inn Express, Godrej, etc.

Initially, M/s. Salasar Exteriors was a sole proprietorship concern managed by Mr. Shreekishan Joshi.

Competitive Strengths

1.  Authentic product range and customer support
2. Major Focus on construction-related business
3. The experienced senior management team and promoters.

Company Promoters: 

The promoters of our Company being Mr. Shreekishan Joshi and Mr. Videh Shreekishan Joshi

Company Financials:

Summary of Financial Information(Restated)

Particulars For the year/period ended (in Rs. Lakhs)
31-July-18
Total Assets 2737.02
Total Revenue 177.83
Profit After Tax 7.66

Turnover: 

Rs .53 cr Pat- Rs. 4.5 Cr(8.5%) Consistent year on Year growth of 18-25%

Objects of the Issue:

The company intends to utilize the proceeds of the Issue to meet the following objects:
1. To Meet Working Capital Requirement
2. General Corporate Expenses, and
3. To Meet the Issue Expenses

Salasar Exteriors IPO Promoter Holding

Pre Issue Share Holding  100.00%
Post Issue Share Holding  71.34%

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