SKP Bearing Industries Limited IPO

NSE SME

Listed On: Jul 13, 2022 at ₹ 73.0

₹ 140000 /2000 Shares

Check Allotment

IPO Details

30 Jun, 2022

Open Date

05 Jul, 2022

Close Date

10 Jul, 2022

Allotment Date

13 Jul, 2022

Listing Date

Issue Price

₹70 per equity share

Face Value

₹10 Per Equity Share

Listing at Group

NSE SME

Registrar

Bigshare Services Pvt Ltd

List Price

73.0

Listing Date

2022-07-13

Market Lot

2000 Shares (₹140,000/-)

Lead Manager

SHRENI SHARES PRIVATE LIMITED

Issue Size

4,400,000 shares of ₹10(aggregating up to ₹30.80 Cr)

Retail Portion

N/A

Subscription

10.06 times

IPO Docs

DRHP RHP

IPO Subscription 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

Earnings Per Share (EPS)

₹4.97/-

P/E Ratio

14.08

RoNW

16.29%

Net Asset Value (NAV) - Post Issue

₹30.53/-

Company Financials All values are in ₹ Cr.

	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 The 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.

- Promoter(s)

Pre Issue Share Holding: 100%

Post Issue Share Holding: 73.49%

Company Promoter(s)

Mr. Shrinand Kamlakar Palshikar
Ms. Sangita Shrinand Palshikar

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. The size of SKP Bearing Industries Limited IPO is 4,400,000 shares of ₹10(aggregating up to ₹30.80 Cr).

Ans. The IPO price band is set between ₹70 per equity share.

Ans. To apply for SKP Bearing Industries Limited IPO 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 allotment status for SKP Bearing Industries Limited IPO here.