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.
1. Authentic product range and customer support
2. Major Focus on construction-related business
3. The experienced senior management team and promoters.
The promoters of our Company being Mr. Shreekishan Joshi and Mr. Videh Shreekishan Joshi
Summary of Financial Information(Restated)
|Particulars||For the year/period ended (in Rs. Lakhs)|
|Profit After Tax||7.66|
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%|