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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 Rs 10
(aggregating up to Rs 3.96 Cr)
Face ValueRs 10 Per Equity Share
Issue PriceRs 20 Per Equity Share
Market Lot6000 Shares
Min Order Quantity6000 Shares
Listing AtBSE SME

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 PriceRs 20 Per Equity Share
Face ValueRs 10 Per Equity Share

Listing Day Trading Information

.
Issue Price
Open
Low
High
Last Trade
Volume
BSE SME
Rs 20.00
Rs 19.20
Rs 19.20
Rs 20.00
Rs 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/

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SK International IPO Review / Comments

avatar
10. Dinesh Singh  Jul 11, 2019 12:50 I Like It. | Report Abuse Reply
Top Contributor Top Contributor (200+ Posts)
What is the expected date of listing of this IPO?
Any one have any idia?
avatar
10.5. Small Investor  Jul 18, 2019 14:18 I Like It. 1 | Report Abuse
IPO Mentor IPO Mentor (800+ Posts, 300+ Likes)
Finchore LM chor h iske IPO m kbhi bhi Apply nhi krna chahiy
i already skip all ipo of Finchore Lm
avatar
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...
avatar
9. Dinesh Singh  Jul 15, 2019 15:57 I Like It. | Report Abuse Reply
Top Contributor Top Contributor (200+ Posts)
It will cross the issue price tomorrow convinsely.
Please don't sell if any one have it.
avatar
9.1. Small Investor  Jul 18, 2019 14:22 I Like It. | Report Abuse
IPO Mentor IPO Mentor (800+ 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
avatar
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.
avatar
8. deepcdsl  Jul 17, 2019 12:35 I Like It. 2 | Report Abuse Reply
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...
avatar
8.1. Small Investor  Jul 18, 2019 14:20 I Like It. 1 | Report Abuse
IPO Mentor IPO Mentor (800+ Posts, 300+ Likes)
Its Powerfull Tec.@ 9-10
sala chor LM h
avatar
7. ManishS  Jul 15, 2019 14:18 I Like It. | Report Abuse Reply
back to issue price
avatar
6. KING VINOD  Jul 15, 2019 11:01 I Like It. | Report Abuse Reply
IPO Guru IPO Guru (1000+ Posts, 2100+ Likes)
SKIEL opened at 4% discount at 19.20 where issue price at 20.
avatar
5. Dinesh Singh  Jul 7, 2019 15:35 I Like It. | Report Abuse Reply
Top Contributor Top Contributor (200+ Posts)
Admin,
Please update tentative time table for this IPO like others.
Thanks.


avatar
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.com Admins

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avatar
4. DEKHODEKHO  Jul 3, 2019 14:51 I Like It. | Report Abuse Reply
Pathetic is a word for this. Here Lagta hai some settlement will be done between LM and final let to subscribe the issue
avatar
3. GrowYourMoney  Jul 1, 2019 15:35 I Like It. | Report Abuse Reply
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
avatar
2. MR. KUMAR  Jul 1, 2019 10:59 I Like It. | Report Abuse Reply
Avoid avoid
avatar
1. DownriteVJ  Jun 28, 2019 12:22 I Like It. 1 | Report Abuse Reply
IPO Guru IPO Guru (1100+ Posts, 1000+ Likes)
Skip this one.



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