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Incorporated in 2011, Uttar Pradesh based SBC Exports Limited is a trader of cushion covers, bedspreads, cotton quilts and handmade carpets in the Mirzapur. Initially, the company was only known for trading of good quality readymade apparels. Later, it had expanded its business in some other areas like tour & travels, manpower supply and information technology services. The company also started trading of hosiery fabrics & hosiery garments for Ladies, Mens' and Kids' in Mirzapur.
SBC Exports Ltd operates primarily in three key segments:
-Online & offline Hotel / Travel / Vacation Bookings
-IT Services & Manpower supply and
-Textiles, Garments trading including Carpets
The company has two manufacturing plants located at Mirzapur and Ghaziabad in Uttar Pradesh. A variety of products such as Jackets, trousers, leggings, denim, T-shirts, and sweatshirts etc. are sold by the company under SBC DESIGN+, IEDEE, and SBC F-ROUTE brand names. It also has an online selling website www.frouteclothing.com and mobile APP to sell products online.
The competitive strengths of the company are:
1. Manufacturing units located near to the source of the raw materials.
2. Innovative product designing services.
3. Varied product range
4. Quality assurance
5. Diversified business model
| Particulars | For the year/period ended (in Rs. Lakhs) | ||||
|---|---|---|---|---|---|
| 31-Dec-18 | 31-Mar-18 | 31-Mar-17 | 31-Mar-16 | ||
| Total Assets | 2938.66 | 1892.70 | 925.87 | 479.55 | |
| Total Revenue | 5848.51 | 6399.45 | 2865.70 | 2115.76 | |
| Profit After Tax | 69.37 | 82.97 | 32.84 | 6.58 | |
Objects of the Fresh Issue are:
1. To part finance working capital requirements of the Company;
2. To meet General corporate purposes;
3. To meet the expenses of the Issue.
| SBC Exports IPO Date | Jun 24, 2019 to Jun 26, 2019 |
| SBC Exports IPO Face Value | ₹10 per share |
| SBC Exports IPO Price | ₹22 per share |
| SBC Exports IPO Lot Size | 6000 Shares |
| Issue Size | 2,982,000 shares of ₹10 (aggregating up to ₹6.56 Cr) |
| Issue Type | Fixed Price Issue IPO |
| Listing At | BSE SME |
| Company Promoters | Mr. Dhirendra Kumar Gupta and Mrs. Deepika Gupta are the promoters of the company. |
SBC Exports IPO opens on Jun 24, 2019, and closes on Jun 26, 2019. The SBC Exports IPO bid date is from Jun 24, 2019 10.00 A.M. to Jun 26, 2019 5.00 P.M. The Cut-off time for UPI Mandate confirmation is 12 P.M. on the next day of issue closing day.
| Event | Date |
|---|---|
| SBC Exports IPO Opening Date | Jun 24, 2019 |
| SBC Exports IPO Closing Date | Jun 26, 2019 |
| Basis of Allotment | Jul 1, 2019 |
| Initiation of Refunds | Jul 2, 2019 |
| Credit of Shares to Demat | Jul 3, 2019 |
| SBC Exports IPO Listing Date | Jul 4, 2019 |
The SBC Exports IPO lot size is 6000 shares. A retail-individual investor can apply for up to 1 lots (6000 shares or ₹132,000).
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Minimum | 1 | 6000 | ₹132,000 |
| Maximum | 1 | 6000 | ₹132,000 |
| Pre Issue Share Holding | 92.91% |
| Post Issue Share Holding | 66.73% |
Although the company has diverse activities, its major revenue comes from domestic markets. Issue pricing is aggressive. Peers comparison is grossly misleading. Investors may skip this issue.
Read detail review...The SBC Exports IPO is subscribed 1.36 times on Jun 26, 2019 6:49:02 PM. The public issue subscribed 0.78 times in the retail category, times in the QIB category, and 1.94 times in the NII category. Check Day by Day Subscription Details (Live Status)
| Category | Subscription (times) |
|---|---|
| NII | 1.94 |
| Retail | 0.78 |
| Total | 1.36 |
| Listing Date | Thursday, July 4, 2019 |
| BSE Script Code | 542725 |
| NSE Symbol | |
| Listing In | MT Group of Securities |
| ISIN | INE04AK01010 |
| IPO Price | ₹22 per share |
| Face Value | ₹10 per share |
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SBC Exports Limited
House No.-20, Lohiya Talab,
Choti Basahi, P.O. Vindhyachal Mirzapur,
Uttar Pradesh-231307
Phone: 0120-2895246
Email: info@sbcel.com
Website: http://sbcexportslimited.com/
Bigshare Services Pvt Ltd
Phone: +91-22-6263 8200
Email: ipo@bigshareonline.com
Website: http://www.bigshareonline.com
SBC Exports IPO is a SME IPO of 2,982,000 equity shares of the face value of ₹10 aggregating up to ₹6.56 Crores. The issue is priced at ₹22 per share. The minimum order quantity is 6000 Shares.
The IPO opens on Jun 24, 2019, and closes on Jun 26, 2019.
Bigshare Services Pvt Ltd is the registrar for the IPO. The shares are proposed to be listed on BSE SME.
The SBC Exports IPO opens on Jun 24, 2019 and closes on Jun 26, 2019.
SBC Exports IPO lot size is 6000 Shares and the minimum order quantity is .
You can apply in SBC Exports 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 SBC Exports IPO will be done on Jul 1, 2019, and the allotted shares will be credited to your demat account by Jul 3, 2019. Check the SBC Exports IPO allotment status.
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