Chittorgarh.com
Free Trading + Demat Account

Saketh Exim Limited IPO (Saketh Exim IPO) Detail

Aug 1, 2018 - Aug 3, 2018

Incorporated in 2010, Mumbai based Saketh Exim Limited is a company engaged in the business of manufacturing and fabricating of a wide range of steel products used in Pipe Support Systems, HVAC Systems, Anti-vibration System and Equipment for Industrial, Commercial, Utility and OEM Installations.

The company manufactures engineering products, metal and base metal products like bolts, clamps, G. I. nuts and hangers etc. Its product portfolio also includes all types of bathroom accessories, bathroom pipes, fittings and sanitary wares.

The Company is also engaged in trading of textile products like fancy shirtings and finish fabrics.

Saketh Exim has 3 manufacturing units located at Vasai.

For six months period ending September 30, 2017, Manufacturing contributed 46.26% while Trading contributed 53.74% to the revenue of the company.

The revenue from operations for the financial year ending 2014-15, 2015-16 and 2016-17 are Rs 3,748.30 lakhs, Rs
4,668.77 lakhs and Rs 5,132.56 lakhs respectively.

The Net profit after tax for the company shows an increase of 91.07% and 24.06% respectively over the 3 years.

The company has 37 employees on its payroll.

Company Promoters:

The promoters of the company are:
1. Mr. Sanjay J Patel (Individual Promoter)
2. Mrs. Smita S Patel (Individual Promoter)
3. Mrs. Taruna P Patel(Individual Promoter)
4. Mrs. Fatema S Kachwala (Individual Promoter)

Company Financials:

Summary of financial Information (Restated)
Particulars For the year/period ended (in Rs. Lakhs)
31-Mar-18 31-Mar-17 31-Mar-16 31-Mar-15 31-Mar-14 31-Mar-13
Total Assets 3,717.27 2,445.78 1,562.01 1,812.55 1,550.80 842.20
Total Revenue 6,199.76 5,140.47 4,672.11 3,749.45 3,321.15 1,930.61
Profit After Tax 107.12 95.55 77.02 40.31 13.31 13.87

Objects of the Issue:

The Issue comprises a Fresh Issue by the Company and an Offer for Sale by the Selling Shareholder.
The Company will not receive any proceeds of the Offer for Sale by the Selling Shareholder.
The objects of the Fresh Issue are to raise funds for:
• Funding Long-Term Working Capital Requirements and
• Funding Expenditure for General Corporate Purposes

Issue Detail:

  »»  Issue Open: Aug 1, 2018 - Aug 3, 2018
  »»  Issue Type: Fixed Price Issue IPO
  »»  Issue Size: 1,368,000 Equity Shares of Rs 10 aggregating up to Rs 9.44 Cr
  »»  Face Value: Rs 10 Per Equity Share
  »»  Issue Price: Rs 69 Per Equity Share
  »»  Market Lot: 2000 Shares
  »»  Minimum Order Quantity: 2000 Shares
  »»  Listing At: NSE SME

Saketh Exim IPO Reviews / Recommendations:

Dilip Davda - Avoid

 

Saketh Exim IPO Subscription Status / Live Bidding Status

This section is moved. Please click 'Subscription (Live)' tab on top of the page.

 

Saketh Exim IPO Prospectus

Saketh Exim IPO Rating

32
2.5
Rating:Rated 2.5 stars

Vote Here ...

Saketh Exim IPO News Alerts

  1. Friday, August 3, 2018 12:00:00 AM
    Saketh Exim IPO Closes on Aug 3, 2018
  2. Wednesday, August 1, 2018 12:00:00 AM
    Saketh Exim IPO Opens on Aug 1, 2018

Company Contact Information

Saketh Exim Limited
Plot No- PAP D-146/147
TTC MIDC, Turbhe,
Navi Mumbai - 400705
Phone: +91 22 2762 0641/42/43
Fax: +91 22 2762 0623
Email: info@sakethexim.com
Website: http://www.sakethexim.com

Saketh Exim IPO Registrar

Bigshare Services Pvt. Ltd   »  Report
   Bigshare Services Pvt Ltd E-2 & 3,
   Ansa Industrial Estate, Saki-Vihar Road,
   Sakinaka, Andheri(E), Mumbai - 400 072

Phone: 91-22-40430200
Fax: 91-22-2847 5207
Email: ipo@bigshareonline.com
Website: http://www.bigshareonline.com

Guaranteed Save 60% to 90% Brokerage + Taxes

Do you know you could reduce the brokerage cost significantly by moving to another stock broker? Our expert team compared top share brokers in India to help investors like you. STOP paying Demat AMC, Brokerage in %, PCM Fee and High Stamp Duty today.

We can help you choosing the right broker. Contact us today...

@

Saketh Exim IPO Review / Comments

avatar
24. IPOANALYSIS  Aug 13, 2018 13:53 I Like It. | Report Abuse Reply
IPO Guru IPO Guru (1500+ Posts, 1100+ Likes)
bought 1 lot of saketh exim as price is stable and company business is doing good
avatar
23. IPOANALYSIS  Aug 13, 2018 11:56 I Like It. | Report Abuse Reply
IPO Guru IPO Guru (1500+ Posts, 1100+ Likes)
If this holds issue price today I will buy this stock. I do like their business .Instead of other 3 open issues look to buy this one which is fundamental strong company
avatar
22. IPOANALYSIS  Aug 13, 2018 10:23 I Like It. | Report Abuse Reply
IPO Guru IPO Guru (1500+ Posts, 1100+ Likes)
Shah bupesh see I told u it will be flat listing and it is exactly around issue price. I would say don't be overconfident ever. We all know ushanti will do good and even my post repeatedly said it will be good listing for ushanti. Hope u don't try to predict with such overconfidence as there is no grey market for sme so not sure how you came with +4 figure. Also track record of aryaman says all flat listing so no use to apply .Lol.easiky can buy from secondary.
avatar
22.1. Shah bhupesh chunilal  Aug 13, 2018 11:10 I Like It. | Report Abuse
You are right what is about power tech
avatar
22.2. IPOANALYSIS  Aug 13, 2018 11:36 I Like It. | Report Abuse
IPO Guru IPO Guru (1500+ Posts, 1100+ Likes)
I am avoid all 3. I don't like fact power soft just increased profit before IPO to justify. Valuation . There is no harm giving all 3 a miss. I don't understand there business which face stiff competition.better buy from secondary ushanti oswal seed or gangs forging.
avatar
21. IPOANALYSIS  Aug 3, 2018 14:38 I Like It. 1 | Report Abuse Reply
IPO Guru IPO Guru (1500+ Posts, 1100+ Likes)
i think it would list flat around same issue price

Anyway i skipped this one
If it holds issue price on listing day then further upside.
but as i said it will be easily available at issue price on listing day so why apply in ipo
avatar
21.6. IPOANALYSIS  Aug 13, 2018 10:16 I Like It. | Report Abuse
IPO Guru IPO Guru (1500+ Posts, 1100+ Likes)
Ganga forge did not cLose at 25. Closing price has been 21.50. 25 has-been highest price. Ganga forge should cross 30 rs in 6 Months.
avatar
21.7. BAJAJ  Aug 13, 2018 10:32 I Like It. | Report Abuse
Btw what are your views on latest 3 sme ipos.
Will you apply anyone..
avatar
20. Shah bhupesh chunilal  Aug 9, 2018 13:38 I Like It. | Report Abuse Reply
+4
avatar
19. Shah bhupesh chunilal  Aug 9, 2018 13:38 I Like It. | Report Abuse Reply
+4
avatar
18. Shah bhupesh chunilal  Aug 9, 2018 13:36 I Like It. | Report Abuse Reply
Allotment out
avatar
17. VIE  Aug 3, 2018 18:45 I Like It. 2 | Report Abuse Reply
Top Contributor Top Contributor (300+ Posts, 300+ Likes)
subcribed overall 1.24
firm allotment to retailers
avatar
16. Shah bhupesh chunilal  Aug 3, 2018 15:27 I Like It. 1 | Report Abuse Reply
Ushanti me meri post dekhlo
avatar
16.1. IPOANALYSIS  Aug 3, 2018 16:16 I Like It. 1 | Report Abuse
IPO Guru IPO Guru (1500+ Posts, 1100+ Likes)
Nahi mere dost

it can never be ushanti listing. Ushanti was upper circuit 12 % up
this one can never hit uc on listing. 3 or 4 pc up would be maximum.
avatar
15. Shah bhupesh chunilal  Aug 3, 2018 15:23 I Like It. | Report Abuse Reply
Same ushanti vali hogi
avatar
14. IPOANALYSIS  Aug 3, 2018 14:03 I Like It. 2 | Report Abuse Reply
IPO Guru IPO Guru (1500+ Posts, 1100+ Likes)
I will avoid

remember this is an OFS which i never like for SME.
Also too expensive P/E.
No use to apply. Anyone can get this at same price or discount on listing day
avatar
14.1. Shah bhupesh chunilal  Aug 3, 2018 14:20 I Like It. | Report Abuse
+3
avatar
14.2. IPOANALYSIS  Aug 3, 2018 14:34 I Like It. | Report Abuse
IPO Guru IPO Guru (1500+ Posts, 1100+ Likes)
IF YOU THINK +2 OR +3 then it is not even 5 pc

I dont want to take such risk for 4 or 5 pc.
it may do well in long term but i think it will be easily available at same issue price on listing day

I would bet on flattish listing for this one
avatar
13. IPOANALYSIS  Aug 3, 2018 14:28 I Like It. | Report Abuse Reply
IPO Guru IPO Guru (1500+ Posts, 1100+ Likes)
Ofs issue how can sme allow shareholder to exit

high P.E 32

Huge debt

cant take such huge risk with such fundamentals. better opportunities available
avatar
12. Shah bhupesh chunilal  Aug 3, 2018 14:22 I Like It. | Report Abuse Reply
Subscribe +2 or 3
avatar
11. IPOANALYSIS  Jul 31, 2018 13:08 I Like It. | Report Abuse Reply
IPO Guru IPO Guru (1500+ Posts, 1100+ Likes)
Another company which priced it 40 rs issue at 69. It could easily have priced lower to make good will. The greed of lead manager is still not going away.
avatar
11.1. Sumit Desai  Aug 3, 2018 12:42 I Like It. | Report Abuse
Apply or Not ??
avatar
10. khushbir singh  Aug 3, 2018 08:14 I Like It. | Report Abuse Reply
Not interested in this issue because dont want to loose money on listing.
avatar
9. VIE  Aug 2, 2018 19:27 I Like It. 3 | Report Abuse Reply
Top Contributor Top Contributor (300+ Posts, 300+ Likes)
issue just subscribed by 1.One day remaining may be cross 1 mark.
one more sme ipo sail though.
avatar
8. Shah bhupesh chunilal  Aug 2, 2018 11:03 I Like It. | Report Abuse Reply
Apply full force
avatar
8.1. Shah bhupesh chunilal  Aug 2, 2018 14:31 I Like It. | Report Abuse
0.73 already
avatar
7. VIE  Aug 1, 2018 19:38 I Like It. 1 | Report Abuse Reply
Top Contributor Top Contributor (300+ Posts, 300+ Likes)
today Subscription data at
Qib-1.10
Rii-0.15
Total-0.59
good moving
avatar
7.1. D Tanwar  Aug 1, 2018 21:19 I Like It. | Report Abuse
Bid Details for SAKETH as on 01-Aug-2018 17:00:00 ISTSr. NoCategoryNo of shares bid for1Qualified Institutional Buyers(QIBs)01(a)Foreign Institutional Investors(FIIs)01(b)Domestic Financial Institutions(Banks/ Financial Institutions(FIs)/ Insurance Companies)01(c)Mutual funds01(d)Others02Non Institutional Investors7,10,0002(a)Corporates3,26,0002(b)Individuals(Other than RIIs)3,84,0002(c)others03Retail Individual Investors(RIIs)1,00,0003(a)Cut Off03(b)Price bids1,00,000Total8,10,000
avatar
6. khushbir singh  Aug 1, 2018 15:44 I Like It. 2 | Report Abuse Reply
SALE BHAI KI SUBSCRIPTION TO HO NAHI RAHI ...TERA KYA HOGA KAALIA.
avatar
5. VIE  Aug 1, 2018 12:00 I Like It. 1 | Report Abuse Reply
Top Contributor Top Contributor (300+ Posts, 300+ Likes)
Subscription data
Nii 0. 39
Rii 0.02
Total 0.19
  • Special Offers
    by Popular Stock Brokers
  • HDFC Securities
    Open your 3-in-1 account with free Demat and Trading Account. Demat account AMC fee of ₹750 waived off for the first year.
  • Sharekhan
    Get Free Trading + Demat Account (Rs 1150 waived on account opening) for limited time. Request a Callback.
  • Angel Broking
    Get free lifetime AMC on Demat & Trading account with Angel when you pay ₹1500 (payable in 2nd year). Get the offer
  • India Infoline (IIFL)
    Open a FREE Demat & Trading Account (Save upto ₹1150). Get the exclusive offer
  • Ventura
    Zero account opening fees for limited time. Request a Callback
  • Motilal Oswal
    Get Free Trading + Demat Account (₹500 waived on account opening) for limited time. Get the offer
  • Religare
    Get Free Trading + Demat Account for limited time. Get the offer
  • Zerodha
    Free equity delivery trading (truly no brokerage) and Flat ₹20 intranet and F&O trade brokerage. Get the offer
  • ProStocks
    Get Free Trading + Demat Account for limited time. Request a Callback
  • 5paisa
    Open 5Paisa Trading Account & get FREE Mutual Fund Account + FREE 1st year Demat AMC + Trade at flat Rs 10 per order. Get the offer
  • Upstox
    Get account opening fees as brokerage cashback + Free equity delivery trading (truly no brokerage) + Flat ₹20 for Intraday and F&O trades. Get the Exclusive Offer
  • SAMCO
    Get Free Trading and Demat Account Opening + 100% Brokerage Cash Back for 1st Month for trades using Mobile App
  • Fyers
    Get FREE Trading for Limited Time + FREE Equity Delivery Trades (No Brokerage). Get the offer
  • Beeline
    Open a Lifetime free AMC Demat Account at just ₹176 + 15 days trading free. Use coupon code CHT176 for this special offer.


More About Brokers

Special Offers Broker Reports

Message Board

Stock Message Board


Search Chittorgarh.com:

Translate Chittorgarh.com: