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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

IPO Opening Date Aug 1, 2018
IPO Closing Date Aug 3, 2018
Issue Type Fixed Price Issue IPO
Face Value ₹10 per equity share
IPO Price ₹69 per equity share
Market Lot 2000 Shares
Min Order Quantity 2000 Shares
Listing At NSE SME
Issue Size1,368,000 Eq Shares of ₹10
(aggregating up to ₹9.44 Cr)

Saketh Exim IPO Tentative Timetable

The Saketh Exim IPO open date is Aug 1, 2018, and the close date is Aug 3, 2018. The issue may list on Aug 13, 2018.

IPO Open Date Aug 1, 2018
IPO Close Date Aug 3, 2018
Basis of Allotment Date Aug 8, 2018
Initiation of Refunds Aug 9, 2018
Credit of Shares to Demat Account Aug 10, 2018
IPO Listing Date Aug 13, 2018

Saketh Exim IPO Lot Size

The Saketh Exim IPO market lot size is 2000 shares. A retail-individual investor can apply for up to 1 lots (2000 shares or ₹138,000).

Application Lots Shares Amount (Cut-off)
Minimum 1 2000 ₹138,000
Maximum 1 2000 ₹138,000

Saketh Exim IPO Subscription Status (Bidding Detail)

The Saketh Exim IPO is subscribed 1.30 times on 8/3/2018 5:00:00 PM. The public issue subscribed 0.84 in the retail category, in the QIB category, and 1.77 in the NII category. Check Day by Day Subscription Details (Live Status)

CategorySubscription (times)
NII1.77
Retail0.84
Total1.30

Saketh Exim IPO Prospectus

Saketh Exim IPO Rating

32
2.5
Rating:Rated 2.5 stars
Vote Here ...

Saketh Exim IPO Listing Date

Listing Date Monday, August 13, 2018
BSE Script Code
NSE Symbol SAKETH
Listing In
ISIN INE869Y01010
IPO Price ₹69 per equity share
Face Value ₹10 per equity share

Listing Day Trading Information

.
IPO Price
Open
Low
High
Last Trade
NSE SME
IPO Price: ₹69.00
Open: ₹69.30
Low: ₹69.10
High: ₹69.45
Last Trade: ₹69.40

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

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

Saketh Exim IPO Reviews / Ratings

Saketh Exim IPO FAQs

Saketh Exim IPO is a SME IPO of 1,368,000 equity shares of the face value of ₹10 aggregating up to ₹9.44 Crores. The issue is priced at ₹69 per equity share. The minimum order quantity is 2000 Shares.

The IPO opens on Aug 1, 2018, and closes on Aug 3, 2018.

Bigshare Services Pvt Ltd is the registrar for the IPO. The shares are proposed to be listed on NSE SME.

The Saketh Exim IPO opens on Aug 1, 2018 and closes on Aug 3, 2018.

Saketh Exim IPO lot size is 2000 Shares and the minimum order quantity is 2000 Shares.

You can apply in Saketh Exim IPO online using either UPI or ASBA as payment method. ASBA IPO application is available in the net banking of your bank account. UPI IPO application is offered by brokers who don't offer banking services. Read more detail about apply IPO online through Zerodha, Upstox, 5Paisa, Edelweiss, ICICI Bank, HDFC Bank and SBI Bank.

The finalization of Basis of Allotment for Saketh Exim IPO will be done on Aug 8, 2018, and the allotted shares will be credited to your demat account by Aug 10, 2018. Check the Saketh Exim IPO allotment status.

The Saketh Exim IPO listing date is on Monday, August 13, 2018.

Saketh Exim IPO Message Board

Ranked Members  Ranked Members

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41 Comments

24. IPOANALYSIS |Aug 13, 2018 2:53:51 PM
IPO Guru IPO Guru (1900+ Posts, 1500+ Likes)
bought 1 lot of saketh exim as price is stable and company business is doing good
23. IPOANALYSIS |Aug 13, 2018 12:56:05 PM
IPO Guru IPO Guru (1900+ Posts, 1500+ 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
22. IPOANALYSIS |Aug 13, 2018 11:23:51 AM
IPO Guru IPO Guru (1900+ Posts, 1500+ 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.
22.1. Shah bhupesh chunilal |Aug 13, 2018 12:10:17 PM
You are right what is about power tech
22.2. IPOANALYSIS |Aug 13, 2018 12:36:36 PM
IPO Guru IPO Guru (1900+ Posts, 1500+ 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.
21. IPOANALYSIS |Aug 3, 2018 3:38:50 PM
IPO Guru IPO Guru (1900+ Posts, 1500+ 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
21.6. IPOANALYSIS |Aug 13, 2018 11:16:51 AM
IPO Guru IPO Guru (1900+ Posts, 1500+ 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.
21.7. BAJAJ |Aug 13, 2018 11:32:51 AM
Btw what are your views on latest 3 sme ipos.
Will you apply anyone..
20. Shah bhupesh chunilal |Aug 9, 2018 2:38:16 PM
+4
19. Shah bhupesh chunilal |Aug 9, 2018 2:38:04 PM
+4
18. Shah bhupesh chunilal |Aug 9, 2018 2:36:03 PM
Allotment out
17. VIE |Aug 3, 2018 7:45:59 PM
IPO Mentor IPO Mentor (500+ Posts, 500+ Likes)
subcribed overall 1.24
firm allotment to retailers
16. Shah bhupesh chunilal |Aug 3, 2018 4:27:59 PM
Ushanti me meri post dekhlo
16.1. IPOANALYSIS |Aug 3, 2018 5:16:34 PM
IPO Guru IPO Guru (1900+ Posts, 1500+ 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.
15. Shah bhupesh chunilal |Aug 3, 2018 4:23:58 PM
Same ushanti vali hogi
14. IPOANALYSIS |Aug 3, 2018 3:03:03 PM
IPO Guru IPO Guru (1900+ Posts, 1500+ 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
14.1. Shah bhupesh chunilal |Aug 3, 2018 3:20:05 PM
+3
14.2. IPOANALYSIS |Aug 3, 2018 3:34:45 PM
IPO Guru IPO Guru (1900+ Posts, 1500+ 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
13. IPOANALYSIS |Aug 3, 2018 3:28:36 PM
IPO Guru IPO Guru (1900+ Posts, 1500+ 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
12. Shah bhupesh chunilal |Aug 3, 2018 3:22:00 PM
Subscribe +2 or 3
11. IPOANALYSIS |Jul 31, 2018 2:08:43 PM
IPO Guru IPO Guru (1900+ Posts, 1500+ 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.
11.1. Sumit Desai |Aug 3, 2018 1:42:36 PM
Apply or Not ??
10. khushbir singh |Aug 3, 2018 9:14:39 AM
Not interested in this issue because dont want to loose money on listing.
9. VIE |Aug 2, 2018 8:27:08 PM
IPO Mentor 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 12:03:03 PM
Apply full force
8.1. Shah bhupesh chunilal |Aug 2, 2018 3:31:56 PM
0.73 already
7. VIE |Aug 1, 2018 8:38:49 PM
IPO Mentor 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 10:19:29 PM
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 4:44:19 PM
SALE BHAI KI SUBSCRIPTION TO HO NAHI RAHI ...TERA KYA HOGA KAALIA.
5. VIE |Aug 1, 2018 1:00:15 PM
IPO Mentor IPO Mentor (500+ Posts, 500+ Likes)
Subscription data
Nii 0. 39
Rii 0.02
Total 0.19