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

Saketh Exim IPO Details

Issue Open	Aug 1, 2018 - Aug 3, 2018
Issue Type	Fixed Price Issue IPO
Issue Size	1,368,000 Eq 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
Min Order Quantity	2000 Shares
Listing At	NSE SME

Saketh Exim IPO Tentative Date / Timetable

Bid/Offer Opens On	Aug 1, 2018
Bid/Offer Closes On	Aug 3, 2018
Finalisation of Basis of Allotment	Aug 8, 2018
Initiation of Refunds	Aug 9, 2018
Credit of Shares to Demat Acct:	Aug 10, 2018
IPO Shares Listing Date:	Aug 13, 2018

Saketh Exim IPO Subscription Status (Bidding Detail)

Saketh Exim IPO how much subscribed?
	No. of Times Issue Subscribed (BSE + NSE)
As on Date & Time	NII	RII	Total
Shares Offered	648,000	648,000	1,296,000
Aug 3, 2018 17:00	1.77x	0.84x	1.30x

Saketh Exim IPO Prospectus

› Draft Prospectus
› Red Herring Prospectus

Saketh Exim IPO Rating

2.5

Rating:

Vote Here ...

Saketh Exim IPO Listing Date

Listing Date	Monday, August 13, 2018
BSE Script Code
NSE Symbol	SAKETH
Listing In
ISIN	INE869Y01010
Issue Price	Rs 69 Per Equity Share
Face Value	Rs 10 Per Equity Share

Listing Day Trading Information

.
Issue Price
Open
Low
High
Last Trade
Volume

	NSE SME
Issue Price:	Rs 69.00
Open:	Rs 69.30
Low:	Rs 69.10
High:	Rs 69.45
Last Trade:	Rs 69.40
Volume:	256,000

Saketh Exim IPO Reviews / Ratings

Dilip Davda - Avoid

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
Email: info@sakethexim.com
Website: http://www.sakethexim.com

Saketh Exim IPO Registrar

Bigshare Services Pvt Ltd
   1st Floor, Bharat Tin Works Building,
   Opp. Vasant Oasis,Makwana Road,
   Marol, Andheri(E), Mumbai - 400 059

Phone: +91-22-6263 8200
Email: ipo@bigshareonline.com
Website: http://www.bigshareonline.com

Saketh Exim IPO Lead Manager(s)

Aryaman Financial Services limited

Lead Manager Reports

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Useful Articles

Saketh Exim IPO Review / Comments

24. IPOANALYSIS Aug 13, 2018 13:53

bought 1 lot of saketh exim as price is stable and company business is doing good

23. IPOANALYSIS Aug 13, 2018 11:56

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

22. IPOANALYSIS Aug 13, 2018 10:23

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.

22.1. Shah bhupesh chunilal Aug 13, 2018 11:10

You are right what is about power tech

22.2. IPOANALYSIS Aug 13, 2018 11:36

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.

21. IPOANALYSIS Aug 3, 2018 14:38

1 |

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

Load more comments (5 replies)

21.6. IPOANALYSIS Aug 13, 2018 10:16

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.

21.7. BAJAJ Aug 13, 2018 10:32

Btw what are your views on latest 3 sme ipos.
Will you apply anyone..

20. Shah bhupesh chunilal Aug 9, 2018 13:38

19. Shah bhupesh chunilal Aug 9, 2018 13:38

18. Shah bhupesh chunilal Aug 9, 2018 13:36

Allotment out

17. VIE Aug 3, 2018 18:45

2 |

IPO Mentor (500+ Posts, 500+ Likes)

subcribed overall 1.24
firm allotment to retailers

16. Shah bhupesh chunilal Aug 3, 2018 15:27

1 |

Ushanti me meri post dekhlo

16.1. IPOANALYSIS Aug 3, 2018 16:16

1 |

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.

15. Shah bhupesh chunilal Aug 3, 2018 15:23

Same ushanti vali hogi

14. IPOANALYSIS Aug 3, 2018 14:03

2 |

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

14.1. Shah bhupesh chunilal Aug 3, 2018 14:20

14.2. IPOANALYSIS Aug 3, 2018 14:34

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

13. IPOANALYSIS Aug 3, 2018 14:28

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

12. Shah bhupesh chunilal Aug 3, 2018 14:22

Subscribe +2 or 3

11. IPOANALYSIS Jul 31, 2018 13:08

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.

11.1. Sumit Desai Aug 3, 2018 12:42

Apply or Not ??

10. khushbir singh Aug 3, 2018 08:14

Not interested in this issue because dont want to loose money on listing.

9. VIE Aug 2, 2018 19:27

3 |

IPO Mentor (500+ Posts, 500+ Likes)

issue just subscribed by 1.One day remaining may be cross 1 mark.
one more sme ipo sail though.

8. Shah bhupesh chunilal Aug 2, 2018 11:03

Apply full force

8.1. Shah bhupesh chunilal Aug 2, 2018 14:31

0.73 already

7. VIE Aug 1, 2018 19:38

1 |

IPO Mentor (500+ Posts, 500+ Likes)

today Subscription data at
Qib-1.10
Rii-0.15
Total-0.59
good moving

7.1. D Tanwar Aug 1, 2018 21:19

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

6. khushbir singh Aug 1, 2018 15:44

2 |

SALE BHAI KI SUBSCRIPTION TO HO NAHI RAHI ...TERA KYA HOGA KAALIA.

5. VIE Aug 1, 2018 12:00

1 |

IPO Mentor (500+ Posts, 500+ Likes)

Subscription data
Nii 0. 39
Rii 0.02
Total 0.19

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