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SBC Exports Limited IPO (SBC Exports IPO) Detail

Jun 24, 2019 - Jun 26, 2019

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

Company Financials

Summary of financial Information (Restated)
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 Issue

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 Details

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 Size2,982,000 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 Timeline (Tentative Timetable)

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

SBC Exports IPO Lot Size

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

SBC Exports IPO Promoter Holding

Pre Issue Share Holding 92.91%
Post Issue Share Holding 66.73%

SBC Exports IPO Review

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...


SBC Exports IPO Subscription Status (Bidding Detail)

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)

CategorySubscription (times)
NII1.94
Retail0.78
Total1.36

SBC Exports IPO Prospectus

SBC Exports IPO Rating

163
3.7
Rating:Rated 3.7 stars
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SBC Exports IPO Listing Date

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

Listing Day Trading Information

.
IPO Price
Open
Low
High
Last Trade
BSE SME
₹22.00
₹22.00
₹22.00
₹23.10
₹23.10

Company Contact Information

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/

SBC Exports IPO Registrar

Bigshare Services Pvt Ltd

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

SBC Exports IPO Review

SBC Exports IPO Recommendation Summary

Review By Subscribe Neutral Avoid
Brokers 0 0 1
Members 0 0 0

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SBC Exports IPO FAQs

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.

The SBC Exports IPO listing date is on Thursday, July 4, 2019.
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SBC Exports IPO Message Board

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11 Comments

6. Injamamul Rahaman |   Link |Jul 17, 2019 10:36:15 AM
i need your help.bcuz i'm new here.
5. RAJAKUMAR |   Link |Jul 4, 2019 9:51:08 AM
IPO Guru IPO Guru (1400+ Posts, 1200+ Likes)
Dear Small
I think you exit at 22
5.4. RAJAKUMAR |   Link |Jul 6, 2019 12:36:28 AM
IPO Guru IPO Guru (1400+ Posts, 1200+ Likes)
Dear Vijay
Participate buy back. Clear picture will know only after sebi announcement. My expectation is sebi will give one year minimum period.
5.5. RAJAKUMAR |   Link |Aug 16, 2019 1:53:02 AM
IPO Guru IPO Guru (1400+ Posts, 1200+ Likes)
Dear Vijay
Wipro 71 shares entitlement for every 169 shares held
4. MR. KUMAR |   Link |Jul 1, 2019 5:01:22 AM
RS 20 pe list hoga.
3. Small Investor |   Link |Jun 26, 2019 11:17:04 AM
IPO Guru IPO Guru (1600+ Posts, 900+ Likes)
Apply in this with full fores listing gain may be good because Navigate 's mostly 70& stock above issue price prabhat telecom 400+ from 51
2. AnkurGoel |   Link |Jun 21, 2019 1:51:26 PM
Kalin bhai from Mirzapur ;)
1. GrowYourMoney |   Link |Jun 20, 2019 11:01:15 AM
Top Contributor Top Contributor (300+ Posts, 300+ Likes)
Multi Dimensional Co

Software
Manpower
Travels
Hotels
Garments
Carpets

Looking pure paper Co
Business doesn't seem usual