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About Salasar Techno Engineering Ltd
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Salasar Techno Engineering Limited was initially incorporated as "Salasar Petrochemicals Private Limited" vide Certificate of Incorporation dated October 24, 2001 in Jaipur, Rajasthan. Thereafter, Company was taken over by Promoters in March, 2005. Further the name of the Company changed from "Salasar Petrochemicals Private Limited" to "Salasar Techno Engineering Private Limited" dated June 13, 2006. Subsequently, the status of Company got converted into Public Limited and the name of Company was changed to "Salasar Techno Engineering Limited" pursuant to a fresh Certificate of Incorporation granted by the RoC dated August 16, 2016. The Company is primarily engaged in the business of Manufacturing and sale of galvanized and non-galvanized steel structure including telecom towers, transmission line towers including Railway Electrification (OHE), Solar panels and pre-fabricated steel structure such as Bridges, Heavy Steel Structure etc. The Company has three manufacturing units one at Jindal Nagar, Hapur (UP) and two at Khera Dehat, Hapur (UP) . The Business is divided in two major segments i.e. Steel Structure Segment and Engineering Procurement & Construction Segment. During the financial year ended 31 March 2007, the company started manufacturing/fabrication activities at Unit 1 at Village Parsaun, Dasna,P.O. Jindal Nagr, Distt Hapur-245304, Uttar Pradesh. During the financial year ended 31 March 2008, the company set up second unit situated at Khasra no. 1184-1185, village Khera, Pikhuwa, Ghaziabad-245304, Uttar Pradesh, India. During the financial year ended 31 March 2010, the company initiated expansion of Unit II by acquiring land & building situated at Khasra No. 1183, village Khera, Pikhuwa, Ghaziabad-245304, Uttar Pradesh, India. Salasar Stainless Limited was incorporated as a wholly owned subsidiary of the company in 2011. In 2017, Ganges Concast Industries Limited amalgamated with the Company. The Company further installed and commissioned Galvanizing Plant at its wholly-owned subsidiary Company "Salasar Stainless Limited" for further expansion in capacity to 50,000 MTPA. In July 2017, the Company came up with a Public Issue of 3,321,000 Equity Shares by raising funds through equity from public aggregating to Rs 35.86 Crore. The Company began operations for transmission lines for track electrification worth Rs. 39.5 Crores in 2018. The Company merged with its wholly owned subsidiary Salasar Stainless Limited effective from January 09, 2019. In 2021, the Company ventured into heavy steel and structure division by building roads and railway over bridges. The Company commenced 96,000 MTPA Galvanisation Plant in Uttar Pradesh in FY 2023. During the year 2025, EMC Limited, a wholly owned subsidiary, has merged with the Company as a going concern basis, pursuant to the Order of the Hon`ble National Company Law Tribunal (NCLT), Kolkata Bench, dated October 22, 2024. Company completed 885 kilometers of power transmission lines and 720 kilometers of railway track during the year 2025.
Salasar Techno Engineering share price as on 05 Dec 2025 is Rs. 9.02. Over the past 6 months, the Salasar Techno Engineering share price has increased by 0.78% and in the last one year, it has decreased by 43.13%. The 52-week low for Salasar Techno Engineering share price was Rs. 6.91 and 52-week high was Rs. 16.7.
540642
SALASAR
INE170V01027
Sep
Salasar Techno Engineering Ltd FAQs
You can buy Salasar Techno Engineering Ltd shares through a brokerage firm. ICICIdirect is a registered broker through which you can place orders to buy Salasar Techno Engineering Ltd Share.
Company share prices and volatile and keep changing according to the market conditions. As of Dec 05, 2025 09:49 AM the closing price of Salasar Techno Engineering Ltd was Rs.9.02.
The latest PE ratio of Salasar Techno Engineering Ltd as of Dec 05, 2025 09:49 AM is 50.83
The latest PB ratio of Salasar Techno Engineering Ltd as of Dec 05, 2025 09:49 AM is 1.89
The 52-week high of Salasar Techno Engineering Ltd share price is Rs. 16.70 while the 52-week low is Rs. 6.91
Market capitalization or market cap is determined by multiplying the current market price of a company's shares with the total number of shares outstanding. As of Dec 05, 2025 09:49 AM, the market cap of Salasar Techno Engineering Ltd stood at Rs. 1,557.55 Cr.
Market Outlook
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