Zerodha (Trading & Demat Account)
FREE Equity Delivery and MF
Flat ₹20/trade Intra-day/F&O
Zerodha (Trading & Demat Account)
FREE Equity Delivery and MF
Flat ₹20/trade Intra-day/F&O
|
|
SK International IPO is a fixed price issue of Rs 3.96 crores.
SK International IPO bidding started from June 28, 2019 and ended on July 5, 2019. The shares got listed on BSE SME on July 15, 2019.
SK International IPO price is ₹20 per share. The minimum lot size for an application is 6000 Shares. The minimum amount of investment required by retail investors is ₹120,000.
Finshore Management Services Limited is the book running lead manager of the SK International IPO, while Kfin Technologies Limited is the registrar for the issue.
Refer to SK International IPO RHP for detailed information.
| IPO Date | June 28, 2019 to July 5, 2019 |
| Listing Date | July 15, 2019 |
| Face Value | ₹10 per share |
| Price | ₹20 per share |
| Lot Size | 6000 Shares |
| Total Issue Size | 1,980,000 shares (aggregating up to ₹3.96 Cr) |
| Issue Type | Fixed Price Issue IPO |
| Listing At | BSE SME |
| Market Maker portion | 102,000 shares |
SK International IPO offers 1,980,000 shares. 939,000 (47.42%) to NII, 939,000 (47.42%) to RII.
| Investor Category | Shares Offered |
|---|---|
| Anchor Investor Shares Offered | - |
| Market Maker Shares Offered | 102,000 (5.15%) |
| Other Shares Offered | 939,000 (47.42%) |
| Retail Shares Offered | 939,000 (47.42%) |
| Total Shares Offered | 1,980,000 (100%) |
Investors can bid for a minimum of 6000 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 | 6000 | ₹120,000 |
| Retail (Max) | 1 | 6000 | ₹120,000 |
| Lot Size Calculator | |||
Mr. Shrawankumar P. Sadh and Mr. Hitesh Shrawankumar Sadh are the promoters of the company.
| Share Holding Pre Issue | 95.33% |
| Share Holding Post Issue | 69.59% |
Incorporated in 1991, Mumbai based SK International Export Limited is a manufacturer and exporter of beachwear and scarves. The company has both domestic and international presence (mainly in European countries such as the UK, US, Netherlands, Germany, Spain, and France). The product range of SK International includes headband, sarongs, shawls, scarves, bandanas and beachwear garments (of polyester, viscose, silk, wool and other qualities) for men and women.
Under Sand Kastle brand name, the company offers fashion accessories, holiday and beachwear wear garments for kids segment as well. The raw material for manufacturing garments with a variety of trims and fabrics is sourced from all over India. The company has its own design team to bring new finishes, fits and styles. Other production facilities such as finishing, ironing, cutting, packing, sewing and quality control are also maintained by the company itself.
Most of the products of the company are manufactured in an in-house factory located at Virar (Palghar). The company works on make to order basis for fashion forecast from big brands in domestic and international markets.
Apart from this, the company also offers ethnic wears such as salwar kameez & dupattas for the domestic markets.
The competitive strengths of the company are:
1. Quality focused products
2. Strong relationships with customers and suppliers
3. Customer focused business model
| Particulars | For the year/period ended (in Rs. Lakhs) | |||||
|---|---|---|---|---|---|---|
| 31-Jan-19 | 12-Sep-18 | 31-Mar-18 | 31-Mar-17 | 31-Mar-16 | ||
| Total Assets | 677.81 | 645.19 | 614.59 | 442.57 | 444.50 | |
| Total Revenue | 379.49 | 422.24 | 844.24 | 805.87 | 888.28 | |
| Profit After Tax | 17.52 | 21.48 | 153.01 | 33.82 | 10.58 | |
The Objects of the Issue are:
A. To meet the working capital requirements of the company
B. General Corporate Purposes
C. To meet the Issue Expenses
[Dilip Davda]
Currently, the textile segment is not fancied by investors. The issue is priced aggressively. SKIEL has shown average financial performance so far. There is no harm in giving this issue a miss.
Read detail review...The SK International IPO is subscribed 1.26 times on July 5, 2019 6:49:03 PM. The public issue subscribed 0.54 times in the retail category, times in the QIB category, and 1.97 times in the NII category. Check Day by Day Subscription Details (Live Status)
| Category | Subscription (times) |
|---|---|
| Other | 1.97 |
| Retail | 0.54 |
| Total | 1.26 |
| Listing Date | July 15, 2019 |
| BSE Script Code | 542728 |
| NSE Symbol | |
| ISIN | INE04ST01013 |
| Final Issue Price | ₹20 per share |
| Price Details |
|---|
| Final Issue Price |
| Open |
| Low |
| High |
| Last Trade |
| BSE SME |
|---|
| ₹20.00 |
| ₹19.20 |
| ₹19.20 |
| ₹20.00 |
| ₹20.00 |
SK International Export Limited
78, Ground, A2, Shah & Nahar Industrial Estate,
Sitaram Jadhav Marg, Lower Parel,
Mumbai - 400013, Maharashtra India
Phone: +91 022 6660 6450
Email: info@skinternational.in
Website: http://skinternational.in/
Kfin Technologies Limited
Phone: 04067162222, 04079611000
Email: einward.ris@karvy.com
Website: https://kosmic.kfintech.com/ipostatus/
SME Company Owners
We could help you get listed on the stock market.
Check our SME IPO Guide 
SK International IPO is a SME IPO of 1,980,000 equity shares of the face value of ₹10 aggregating up to ₹3.96 Crores. The issue is priced at ₹20 per share. The minimum order quantity is 6000 Shares.
The IPO opens on June 28, 2019, and closes on July 5, 2019.
Kfin Technologies Limited is the registrar for the IPO. The shares are proposed to be listed on BSE SME.
The SK International IPO opens on June 28, 2019 and closes on July 5, 2019.
SK International IPO lot size is 6000 Shares, and the minimum amount required is ₹120,000.
You can apply in SK International 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 SK International IPO will be done on [.], and the allotted shares will be credited to your demat account by [.]. Check the SK International IPO allotment status.
Thank you,
Admin @ Chittorgarh.com
ProStocks (Stock Broker) offers Unlimited Trades @ Rs 899 Per Month (or Rs 15 per trade) + Rs 0 Eq Delivery Brokerage + AMC Free Demat + Rs 0 Account Opening Fee. Team Chittorgarh.com guarantee you the best service. Open instant account
Useful Articles
FREE Intraday Trading (Eq, F&O)
Flat ₹20 Per Trade in F&O
|
|
RHP
IPO Guru (1300+ Posts, 500+ Likes)
IPO Mentor (900+ Posts, 1500+ Likes)
Top Contributor (400+ Posts, 400+ Likes)
