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Saketh Exim Limited IPO (Saketh Exim IPO) Detail

August 1, 2018 - August 3, 2018

Saketh Exim IPO is a fixed price issue of Rs 9.44 crores.

Saketh Exim IPO bidding started from August 1, 2018 and ended on August 3, 2018. The allotment for Saketh Exim IPO was finalized on Wednesday, August 8, 2018. The shares got listed on NSE SME on August 13, 2018.

Saketh Exim IPO price is ₹69 per share. The minimum lot size for an application is 2000 Shares. The minimum amount of investment required by retail investors is ₹138,000.

Aryaman Financial Services Limited is the book running lead manager of the Saketh Exim IPO, while Bigshare Services Pvt Ltd is the registrar for the issue.

Refer to Saketh Exim IPO RHP for detailed information.

Saketh Exim IPO Details

IPO Date August 1, 2018 to August 3, 2018
Listing Date August 13, 2018
Face Value ₹10 per share
Price ₹69 per share
Lot Size 2000 Shares
Total Issue Size1,368,000 shares
(aggregating up to ₹9.44 Cr)
Issue Type Fixed Price Issue IPO
Listing At NSE SME
Market Maker portion72,000 shares

Saketh Exim IPO Reservation

Saketh Exim IPO offers 1,368,000 shares. 648,000 (47.37%) to NII, 648,000 (47.37%) to RII.

Investor Category Shares Offered
Anchor Investor Shares Offered-
Market Maker Shares Offered72,000 (5.26%)
Other Shares Offered648,000 (47.37%)
Retail Shares Offered648,000 (47.37%)
Total Shares Offered1,368,000 (100%)

Saketh Exim IPO Timeline (Tentative Schedule)

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

IPO Open Date Wednesday, August 1, 2018
IPO Close Date Friday, August 3, 2018
Basis of Allotment Wednesday, August 8, 2018
Initiation of Refunds Thursday, August 9, 2018
Credit of Shares to Demat Friday, August 10, 2018
Listing Date Monday, August 13, 2018
Cut-off time for UPI mandate confirmation 5 PM on August 3, 2018

Saketh Exim IPO Lot Size

Investors can bid for a minimum of 2000 shares and in multiples thereof. The below table depicts the minimum and maximum investment by retail investors and HNI in terms of shares and amount.

Application Lots Shares Amount
Retail (Min) 1 2000 ₹138,000
Retail (Max) 1 2000 ₹138,000
Lot Size Calculator

About Saketh Exim Limited

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 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 (Saketh Exim IPO Objectives)

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 Review (Avoid)

[Dilip Davda]  

Although company has been reporting gradual growth in its top and bottom lines for last five fiscals, very aggressive pricing is the major concern. There is no harm in giving this exorbitantly priced issue a miss.

Read detail review...

Saketh Exim IPO Subscription Status (Bidding Detail)

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

CategorySubscription (times)

Saketh Exim IPO Prospectus

Saketh Exim IPO Rating

Rating:Rated 2.5 stars
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Saketh Exim IPO Listing Details

Listing Date August 13, 2018
BSE Script Code
ISIN INE869Y01010
Final Issue Price ₹69 per share

Pre-Open Session - NSE

Listing Day Trading Information

Price Details
Final Issue Price
Last Trade

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Saketh Exim Limited Contact Details

Saketh Exim Limited
Plot No- PAP D-146/147
TTC MIDC, Turbhe,
Navi Mumbai - 400705
Phone: +91 22 2762 0641/42/43

Saketh Exim IPO Registrar

Bigshare Services Pvt Ltd

Phone: +91-22-6263 8200

Saketh Exim IPO - Buy or Not

Saketh Exim IPO Recommendation Summary

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Members 0 0 0

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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 share. The minimum order quantity is 2000 Shares.

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

Saketh Exim IPO lot size is 2000 Shares, and the minimum amount required is ₹138,000.

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, Nuvama, ICICI Bank, HDFC Bank and SBI Bank.

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

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

Ranked Members of Forum  Ranked Members | Members with Most Likes



24. IPOANALYSIS |   Link |  Bookmark |August 13, 2018 1:53:51 PM
bought 1 lot of saketh exim as price is stable and company business is doing good
23. IPOANALYSIS |   Link |  Bookmark |August 13, 2018 11:56:05 AM
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 |   Link |  Bookmark |August 13, 2018 10:23:51 AM
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 |   Link |  Bookmark |August 13, 2018 11:10:17 AM (200+ Posts)
You are right what is about power tech
22.2. IPOANALYSIS |   Link |  Bookmark |August 13, 2018 11:36:36 AM
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 |   Link |  Bookmark |August 3, 2018 2:38:50 PM
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 |   Link |  Bookmark |August 13, 2018 10:16:51 AM
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 |   Link |  Bookmark |August 13, 2018 10:32:51 AM
Btw what are your views on latest 3 sme ipos.
Will you apply anyone..
20. Shah bhupesh chunilal |   Link |  Bookmark |August 9, 2018 1:38:16 PM (200+ Posts)
19. Shah bhupesh chunilal |   Link |  Bookmark |August 9, 2018 1:38:04 PM (200+ Posts)
18. Shah bhupesh chunilal |   Link |  Bookmark |August 9, 2018 1:36:03 PM (200+ Posts)
Allotment out
17. VIE |   Link |  Bookmark |August 3, 2018 6:45:59 PM (500+ Posts, 500+ Likes)
subcribed overall 1.24
firm allotment to retailers
16. Shah bhupesh chunilal |   Link |  Bookmark |August 3, 2018 3:27:59 PM (200+ Posts)
Ushanti me meri post dekhlo
16.1. IPOANALYSIS |   Link |  Bookmark |August 3, 2018 4:16:34 PM
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 |   Link |  Bookmark |August 3, 2018 3:23:58 PM (200+ Posts)
Same ushanti vali hogi
14. IPOANALYSIS |   Link |  Bookmark |August 3, 2018 2:03:03 PM
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 |   Link |  Bookmark |August 3, 2018 2:20:05 PM (200+ Posts)
14.2. IPOANALYSIS |   Link |  Bookmark |August 3, 2018 2:34:45 PM
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 |   Link |  Bookmark |August 3, 2018 2:28:36 PM
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 |   Link |  Bookmark |August 3, 2018 2:22:00 PM (200+ Posts)
Subscribe +2 or 3
11. IPOANALYSIS |   Link |  Bookmark |July 31, 2018 1:08:43 PM
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 |   Link |  Bookmark |August 3, 2018 12:42:36 PM
Apply or Not ??
10. khushbir singh |   Link |  Bookmark |August 3, 2018 8:14:39 AM
Not interested in this issue because dont want to loose money on listing.
9. VIE |   Link |  Bookmark |August 2, 2018 7:27:08 PM (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 |   Link |  Bookmark |August 2, 2018 11:03:03 AM (200+ Posts)
Apply full force
8.1. Shah bhupesh chunilal |   Link |  Bookmark |August 2, 2018 2:31:56 PM (200+ Posts)
0.73 already
7. VIE |   Link |  Bookmark |August 1, 2018 7:38:49 PM (500+ Posts, 500+ Likes)
today Subscription data at
good moving
7.1. D Tanwar |   Link |  Bookmark |August 1, 2018 9:19:29 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 |   Link |  Bookmark |August 1, 2018 3:44:19 PM
5. VIE |   Link |  Bookmark |August 1, 2018 12:00:15 PM (500+ Posts, 500+ Likes)
Subscription data
Nii 0. 39
Rii 0.02
Total 0.19