SKP Bearing Industries Limited IPO
NSE SMEListed On: Jul 13, 2022 at ₹ 73.0
₹ 280000 /4000 Shares
*Min Investment
30 Jun, 2022
Open Date05 Jul, 2022
Close Date10 Jul, 2022
Allotment Date13 Jul, 2022
Listing DateIPO Issue Details
- Issue Price ₹70 per equity share
- Face Value ₹10 Per Equity Share
- Issue Price 4,400,000 shares of ₹10(aggregating up to ₹30.80 Cr)
- Listing at NSE SME
- List Price 73.0
- Listing Date 2022-07-13
- Lead Manager SHRENI SHARES PRIVATE LIMITED
- Registrar Bigshare Services Pvt Ltd
IPO Details
- Retail Portion N/A
IPO Details
SKP Bearing Industries Limited IPO is an SME IPO, priced at ₹70 per equity share. The equity shares have a face value of ₹10 Per Equity Share each and will be listed on the NSE SME platform.
The IPO bidding window is open from Jun 30, 2022 to Jul 5, 2022. The allotment is expected to be finalized on Jul 10, 2022, and the tentative listing date is Jul 13, 2022.
The registrar of the IPO is Bigshare Services Pvt Ltd, and
IPO Subscription Analysis And Details
| As on | QIB / NII | Retail | Total |
|---|---|---|---|
| Shares Offered / Reserved | 2,090,000 | 2,090,000 | 4,180,000 |
Day 1 30-06-22 06:00 PM | 1.49 x | 0.54 x | 1.02 x |
Day 2 01-07-22 06:00 PM | 1.53 x | 1.22 x | 1.38 x |
Day 3 04-07-22 06:00 PM | 1.72 x | 2.82 x | 2.27 x |
Day 4 05-07-22 06:00 PM | 10.20 x | 9.92 x | 10.06 x |
Valuations
Company Financials
| 5-Jan-22 | 31-Mar-21 | 31-Mar-20 | 31-Mar-19 | |
|---|---|---|---|---|
| Assets | 50.78 | 52.81 | 54.48 | 43.58 |
| Revenue | 34.44 | 37.09 | 32.58 | 40.82 |
| Profit After Tax | 9.40 | 7.45 | 8.12 | 9.92 |
About Company
SKP Bearing Industries Limited manufactures needle rollers, cylindrical rollers, pins, and steel balls. The company supplies its products to diverse industries such as textiles, automobiles, etc. across India. The company also exports rolling elements to international customers in Brazil, Argentina, UAE, etc.SKP Bearing Industries Limited has also ventured into the power generation business by installing a windmill in the year 2012-2013 at Survey No. 646, vill: Seth Vadala, Taluka: Jamjodhpur, Jamnagar Forest Division, Gujarat with a commissioned capacity of 0.80 MW.The company also has a solar plant situated at Survey No. 25/M., Village Rojhana, Teh: Baroda, Dist.: Agar, Madhya Pradesh, and other windmills situated at Survey No. 143/2, Village: Jamuniameena, P.H.N.-52, Mandsaur, Madhya Pradesh, and Village Rautwadi, Tal. Koregaon, District Satara, Maharashtra with a commissioned capacity of 0.63MW, 1.5 MW and 0.80 MW respectively for the generation and sale of power and electricity to various customers.
Read More- Promoter(s)
Mr. Shrinand Kamlakar Palshikar
Ms. Sangita Shrinand Palshikar
Pre Issue Share Holding : 100%
Post Issue Share Holding : 73.49%
IPO - Issue Objectives
Funding working capital requirements.
General corporate purposes.
IPO - FAQs
Ans. SKP Bearing Industries Limited IPO is a SME IPO. The issue is priced at ₹70 per equity share. The minimum order quantity is 2000 Shares. The IPO opens on Jun 30, 2022, and closes on Jul 5, 2022. Bigshare Services Pvt Ltd is the registrar for the IPO. The shares are proposed to be listed on NSE SME.
Ans. The SKP Bearing Industries Limited IPO opens on Jun 30, 2022 and closes on Jul 5, 2022.
Ans. You can track the real-time subscription numbers using the links below:
Ans. The size of SKP Bearing Industries Limited IPO is 4,400,000 shares of ₹10(aggregating up to ₹30.80 Cr).
Ans. The SKP Bearing Industries Limited IPO price band is set between ₹70 per equity share.
Ans. To apply for SKP Bearing Industries Limited IPO, follow the steps given below:
- - Open the IPO Ji App or Website
- - Find SKP Bearing Industries Limited IPO in the List of IPOs
- - Press Apply Button
- - Select Your Demat Account
- - Select Your Shares Quantity and Submit
- - Track Your IPO Status
Ans. The share allotment date of SKP Bearing Industries Limited IPO is Jul 10, 2022.
Ans. The SKP Bearing Industries Limited IPO will be listed on Jul 13, 2022.
Ans. Follow the steps to check the SKP Bearing Industries Limited IPO allotment status online.
