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

Saketh Exim IPO Details

Issue OpenAug 1, 2018 - Aug 3, 2018
Issue TypeFixed Price Issue IPO
Issue Size1,368,000 Eq Shares of Rs 10
(aggregating up to Rs 9.44 Cr)
Face ValueRs 10 Per Equity Share
Issue PriceRs 69 Per Equity Share
Market Lot2000 Shares
Min Order Quantity2000 Shares
Listing AtNSE SME

Saketh Exim IPO Tentative Date / Timetable

Bid/Offer Opens OnAug 1, 2018
Bid/Offer Closes OnAug 3, 2018
Finalisation of Basis of AllotmentAug 8, 2018
Initiation of RefundsAug 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

Saketh Exim IPO Rating

32
2.5
Rating:Rated 2.5 stars

Vote Here ...

Saketh Exim IPO Listing Date

Listing DateMonday, August 13, 2018
BSE Script Code
NSE SymbolSAKETH
Listing In
ISININE869Y01010
Issue PriceRs 69 Per Equity Share
Face ValueRs 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

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

Guaranteed Save 60% to 90% Brokerage

You could reduce the brokerage cost significantly by moving to another stock broker. Our expert team compared top share brokers in India to help traders. 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

IPOANALYSIS
24. IPOANALYSIS  Aug 13, 2018 13:53 I Like It. | Report Abuse
bought 1 lot of saketh exim as price is stable and company business is doing good
IPOANALYSIS
23. IPOANALYSIS  Aug 13, 2018 11:56 I Like It. | Report Abuse
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
IPOANALYSIS
22. IPOANALYSIS  Aug 13, 2018 10:23 I Like It. | Report Abuse
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.
Shah bhupesh chunilal
22.1. Shah bhupesh chunilal  Aug 13, 2018 11:10 I Like It. | Report Abuse
You are right what is about power tech
IPOANALYSIS
22.2. IPOANALYSIS  Aug 13, 2018 11:36 I Like It. | Report Abuse
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.
IPOANALYSIS
21. IPOANALYSIS  Aug 3, 2018 14:38 I Like It. 1 | Report Abuse
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
IPOANALYSIS
21.6. IPOANALYSIS  Aug 13, 2018 10:16 I Like It. | Report Abuse
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.
BAJAJ
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..
Shah bhupesh chunilal
20. Shah bhupesh chunilal  Aug 9, 2018 13:38 I Like It. | Report Abuse
+4
Shah bhupesh chunilal
19. Shah bhupesh chunilal  Aug 9, 2018 13:38 I Like It. | Report Abuse
+4
Shah bhupesh chunilal
18. Shah bhupesh chunilal  Aug 9, 2018 13:36 I Like It. | Report Abuse
Allotment out
VIE
17. VIE  Aug 3, 2018 18:45 I Like It. 2 | Report Abuse
IPO Mentor IPO Mentor (500+ Posts, 500+ Likes)
subcribed overall 1.24
firm allotment to retailers
Shah bhupesh chunilal
16. Shah bhupesh chunilal  Aug 3, 2018 15:27 I Like It. 1 | Report Abuse
Ushanti me meri post dekhlo
IPOANALYSIS
16.1. IPOANALYSIS  Aug 3, 2018 16:16 I Like It. 1 | Report Abuse
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.
Shah bhupesh chunilal
15. Shah bhupesh chunilal  Aug 3, 2018 15:23 I Like It. | Report Abuse
Same ushanti vali hogi
IPOANALYSIS
14. IPOANALYSIS  Aug 3, 2018 14:03 I Like It. 2 | Report Abuse
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
Shah bhupesh chunilal
14.1. Shah bhupesh chunilal  Aug 3, 2018 14:20 I Like It. | Report Abuse
+3
IPOANALYSIS
14.2. IPOANALYSIS  Aug 3, 2018 14:34 I Like It. | Report Abuse
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
IPOANALYSIS
13. IPOANALYSIS  Aug 3, 2018 14:28 I Like It. | Report Abuse
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
Shah bhupesh chunilal
12. Shah bhupesh chunilal  Aug 3, 2018 14:22 I Like It. | Report Abuse
Subscribe +2 or 3
IPOANALYSIS
11. IPOANALYSIS  Jul 31, 2018 13:08 I Like It. | Report Abuse
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.
Sumit Desai
11.1. Sumit Desai  Aug 3, 2018 12:42 I Like It. | Report Abuse
Apply or Not ??
khushbir singh
10. khushbir singh  Aug 3, 2018 08:14 I Like It. | Report Abuse
Not interested in this issue because dont want to loose money on listing.
VIE
9. VIE  Aug 2, 2018 19:27 I Like It. 3 | Report Abuse
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.
Shah bhupesh chunilal
8. Shah bhupesh chunilal  Aug 2, 2018 11:03 I Like It. | Report Abuse
Apply full force
Shah bhupesh chunilal
8.1. Shah bhupesh chunilal  Aug 2, 2018 14:31 I Like It. | Report Abuse
0.73 already
VIE
7. VIE  Aug 1, 2018 19:38 I Like It. 1 | Report Abuse
IPO Mentor IPO Mentor (500+ Posts, 500+ Likes)
today Subscription data at
Qib-1.10
Rii-0.15
Total-0.59
good moving
D Tanwar
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
khushbir singh
6. khushbir singh  Aug 1, 2018 15:44 I Like It. 2 | Report Abuse
SALE BHAI KI SUBSCRIPTION TO HO NAHI RAHI ...TERA KYA HOGA KAALIA.
VIE
5. VIE  Aug 1, 2018 12:00 I Like It. 1 | Report Abuse
IPO Mentor IPO Mentor (500+ Posts, 500+ Likes)
Subscription data
Nii 0. 39
Rii 0.02
Total 0.19



Message Board

Stock Message Board



Search Chittorgarh.com:

Chittorgarh.com Mobile Apps:

Download Android App Downlaod iOS App