SKP Bearing Industries IPO Details, Price, Lot Size Review, GMP

0
SKP Bearing Industries IPO Details

SKP Bearing Industries IPO Details:

When is SKP Bearing Industries IPO Launching?

SKP Bearing Industries IPO opens on Jun 30, 2022, and closes on Jul 5, 2022. The SKP Bearing Industries IPO bid date is from Jun 30, 2022 10.00 A.M. to Jul 5, 2022 5.00 P.M. The Cut-off time for UPI Mandate confirmation is 12 P.M. on the following day of issue shutting day.

SKP Bearing Industries IPO Details

SKP Bearing Industries IPO Date Jun 30, 2022 to Jul 5, 2022
SKP Bearing Industries IPO Face Value ₹10 per share
SKP Bearing Industries IPO Price ₹70 per share
SKP Bearing Industries IPO Lot Size 2000 Shares
Issue Size 4,400,000 shares of ₹10
(aggregating up to ₹30.80 Cr)
Fresh Issue 1,600,000 shares of ₹10
(aggregating up to ₹11.20 Cr)
Offer for Sale 2,800,000 shares of ₹10
(aggregating up to ₹19.60 Cr)
Issue Type Fixed Price Issue IPO
Listing At NSE SME
Retail Shares Offered 50% of the net offer
NII (HNI) Shares Offered 50% of the net offer
Company Promoters Mr. Shrinand Kamlakar Palshikar and Ms. Sangita Shrinand Palshikar are the company promoters.

SKP Bearing Industries IPO Timetable

Event Date
SKP Bearing Industries IPO Opening Date Jun 30, 2022
SKP Bearing Industries IPO Closing Date Jul 5, 2022
Basis of Allotment Jul 8, 2022
Initiation of Refunds Jul 11, 2022
Credit of Shares to Demat Jul 12, 2022
SKP Bearing Industries IPO Listing Date Jul 13, 2022

 

SKP Bearing Industries IPO Lot Size

The SKP Bearing Industries IPO lot size is 2000 shares. A retail-individual investor can apply for up to 1 lot (2000 shares or ₹140,000).

Application Lots Shares Amount
Minimum 1 2000 ₹140,000
Maximum 1 2000 ₹140,000

 

SKP Bearing Industries IPO Promoter Holding

Pre Issue Share Holding 100%
Post Issue Share Holding 73.49%

 

SKP Bearing Industries Board of Directors

Name Designation
Mr. Rajeev Vinayak Lokare Non-Executive Independent Director
Mr. Kishorbhai Chhanalal Parikh Non-Executive Independent Director
Mr. Shrinand Kamlakar Palshikar Chairman & Managing Director
Ms. Sangita Shrinand Palshikar Non-Executive Non-Independent Director

 

SKP Bearing Industries Company Financials

SKP Bearing Industries Limited Financial Information (Restated)
Period Ended Total Assets Total Revenue Profit After Tax
31-Mar-19 4358.36 4081.15 992.64
31-Mar-20 5448.7 3258.18 812.47
31-Mar-21 5281.07 3709.29 745.6
05-Jan-22 5078.66 3444.35 940.41
Amount in ₹ Lakhs

 

About SKP Bearing Industries

SKP Bearing Industries Limited fabricates needle rollers, cylindrical rollers, pins, and steel balls. The organization supplies its items to different industries like textiles, automobiles, etc. across India. The organization likewise trades rolling elements to worldwide clients in Brazil, Argentina, UAE, etc.

SKP Bearing Industries Limited has likewise wandered 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 charged limit 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.

Company Contact Information

SKP Bearing Industries Limited
Survey No. 2127,
Mulchand Road, Wadhwan 363 030,
Surendranagar
Phone: +91 98242 31243
Email: info@skpbearings.com
Website: https://www.skpbearings.com/

SKP Bearing Industries IPO Gray Market Price (GMP) 

Rs. 0

More IPOs: Financial Solving

LEAVE A REPLY

Please enter your comment!
Please enter your name here