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SK International Export Limited IPO (SK International IPO) Detail

Jun 28, 2019 - Jul 5, 2019

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

Company Promoters:

Mr. Shrawankumar P. Sadh and Mr. Hitesh Shrawankumar Sadh are the promoters of the company.

Company Financials:

Summary of financial Information (Restated)
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

Objects of the Issue:

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

SK International IPO Details

Issue OpenJun 28, 2019 - Jul 5, 2019
Issue TypeFixed Price Issue IPO
Issue Size1,980,000 Eq Shares of ₹10
(aggregating up to ₹3.96 Cr)
Face Value₹10 Per Equity Share
Issue Price₹20 Per Equity Share
Market Lot6000 Shares
Min Order Quantity6000 Shares
Listing AtBSE SME

SK International IPO Lot Size and Price (Retail)

ApplicationLotsSharesAmount (Cut-off)
Minimum16000₹120,000
Maximum16000₹120,000

SK International IPO Promoter Holding

Pre Issue Share Holding95.33%
Post Issue Share Holding69.59%

SK International IPO Subscription Status (Bidding Detail)

SK International IPO how much subscribed?

No. of Times Issue Subscribed (BSE + NSE)

As on Date & Time

NII

RII

Total

Shares Offered

939,000

939,000

1,878,000

Jul 5, 2019 18:49

1.97x

0.54x

1.26x

SK International IPO Prospectus

SK International IPO Rating

25
2.6
Rating:Rated 2.6 stars

Vote Here ...

SK International IPO Listing Date

Listing DateMonday, July 15, 2019
BSE Script Code542728
NSE Symbol
Listing InMT
ISININE04ST01013
Issue Price₹20 Per Equity Share
Face Value₹10 Per Equity Share

Listing Day Trading Information

.
Issue Price
Open
Low
High
Last Trade
Volume
BSE SME
₹20.00
₹19.20
₹19.20
₹20.00
₹20.00
60,000

SK International IPO Reviews / Ratings

Company Contact Information

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/

SK International IPO Registrar

Karvy Computershare Private Limited
   Karvy Registry House, 8-2-596, St. No. 1,
   Banjara Hills, Hyderabad - 500 034
   Andhra Pradesh, India

Phone: +91-40-23312454
Email: einward.ris@karvy.com
Website: https://karisma.karvy.com/

SK International IPO FAQs

  1. 1. What is SK International IPO?

    SK International IPO is a SME initial public offering of 1,980,000 equity shares of the face value of ₹10 aggregating up to ₹3.96 Crores.

    The issue price of the IPO is ₹20 Per Equity Share. The minimum order quantity is 6000 Shares per application and the offer type is Fixed Price Issue.

    The IPO opens on Jun 28, 2019 and closes on Jul 5, 2019.

    Karvy Computershare Private Limited is the registrar for the IPO. The shares are proposed to be listed on BSE SME.

  2. 2. When SK International IPO will open?

    The SK International IPO opens on Jun 28, 2019 and closes on Jul 5, 2019.

  3. 3. How to apply for SK International IPO?

    SK International IPO application can be done through banks using ASBA online or through stock brokers trading account using UPI. All popular banks i.e. HDFC, ICICI, and SBI offer online IPO applications. An investor can also apply directly through their broker (i.e. Zerodha, Sharekhan) using UPI as a payment method.

  4. 4. When SK International IPO allotment?

    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.

  5. 5. When is SK International IPO listing date?

    The SK International IPO listing date is on Monday, July 15, 2019, at BSE SME.
  6. 6. What is the lot size of SK International IPO?

    SK International IPO lot size is 6000 Shares and the minimum order quantity is 6000 Shares.

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SK International IPO Review / Comments

PARITOSH Kumar giri
11. PARITOSH Kumar giri  Jul 24, 2019 15:23 I Like It. | Report Abuse
Who to making your company
Dinesh Singh
10. Dinesh Singh  Jul 11, 2019 12:50 I Like It. | Report Abuse
Top Contributor Top Contributor (200+ Posts)
What is the expected date of listing of this IPO?
Any one have any idia?
Small Investor
10.5. Small Investor  Jul 18, 2019 14:18 I Like It. 1 | Report Abuse
IPO Mentor IPO Mentor (900+ Posts, 300+ Likes)
Finchore LM chor h iske IPO m kbhi bhi Apply nhi krna chahiy
i already skip all ipo of Finchore Lm
deepcdsl
10.6. deepcdsl  Jul 18, 2019 20:21 I Like It. | Report Abuse
@medge, good...sub logo ne sme skip karane chahiye...
@small... Pakka chor finchore...
Dinesh Singh
9. Dinesh Singh  Jul 15, 2019 15:57 I Like It. | Report Abuse
Top Contributor Top Contributor (200+ Posts)
It will cross the issue price tomorrow convinsely.
Please don't sell if any one have it.
Small Investor
9.1. Small Investor  Jul 18, 2019 14:22 I Like It. | Report Abuse
IPO Mentor IPO Mentor (900+ Posts, 300+ Likes)
Dear Dinesh you hold this stock i never Apply In this LM'S IPO After Powerfull tec. Sceme
i recommended to buy Anand Rayns Ltd
Dinesh Singh
9.2. Dinesh Singh  Jul 18, 2019 15:14 I Like It. | Report Abuse
Top Contributor Top Contributor (200+ Posts)
Dear Small,
I don't hold any SME stock.
It was just my prediction based on movement.
deepcdsl
8. deepcdsl  Jul 17, 2019 12:35 I Like It. 2 | Report Abuse
Ye LM bharose wala nahi hai... He will first sell you stock in higher price (issue price)... and listing ke badh again he will buy from you in low price...
LM ka trap samjo poor retailers...

They are coming into market with SME IPO...in HNI quota wo kudh subscribe karate hai...retailers higher price pe IPO allotment lete hai...listing ke badh LM low price pe kharid leta hai...

What is LM gain here? its like first sell in higher price... and then buy in lower price...

Lets take numbers of this IPO only...
Around 4 Cr issue...total RII invested around 1 Cr...
Company already got 1 Cr from RII...post listing they will buy again in 3-15% discount...avg profite 7-9% withing a month he will earn around 7-9 lacs...it is pure game of rotating the money...
Particular to this LM go and check karo all his IPOs...aapako similar pattern dihkhega...except 1-2 IPO chodake..
this LM is pure chore hai...
Small Investor
8.1. Small Investor  Jul 18, 2019 14:20 I Like It. 1 | Report Abuse
IPO Mentor IPO Mentor (900+ Posts, 300+ Likes)
Its Powerfull Tec.@ 9-10
sala chor LM h
ManishS
7. ManishS  Jul 15, 2019 14:18 I Like It. | Report Abuse
back to issue price
KING VINOD
6. KING VINOD  Jul 15, 2019 11:01 I Like It. | Report Abuse
IPO Guru IPO Guru (1100+ Posts, 2300+ Likes)
SKIEL opened at 4% discount at 19.20 where issue price at 20.
Dinesh Singh
5. Dinesh Singh  Jul 7, 2019 15:35 I Like It. | Report Abuse
Top Contributor Top Contributor (200+ Posts)
Admin,
Please update tentative time table for this IPO like others.
Thanks.


Team Chittorgarh.com
5.1. Team Chittorgarh.com  Jul 8, 2019 08:24 I Like It. | Report Abuse
Dear Mr Dinesh,
Sorry, the tentative dates are not available for this IPO.

Thank you,

Chittorgarh.comĀ Admins

DEKHODEKHO
4. DEKHODEKHO  Jul 3, 2019 14:51 I Like It. | Report Abuse
Pathetic is a word for this. Here Lagta hai some settlement will be done between LM and final let to subscribe the issue
GrowYourMoney
3. GrowYourMoney  Jul 1, 2019 15:35 I Like It. | Report Abuse
Top Contributor Top Contributor (200+ Posts, 300+ Likes)
no one in mood to even discuss this IPO
simply Avoid

again speculations cant be ruled out in such IPOs
MR. KUMAR
2. MR. KUMAR  Jul 1, 2019 10:59 I Like It. | Report Abuse
Avoid avoid
DownriteVJ
1. DownriteVJ  Jun 28, 2019 12:22 I Like It. 1 | Report Abuse
IPO Guru IPO Guru (1100+ Posts, 1000+ Likes)
Skip this one.



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