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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 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

SK International IPO Date Jun 28, 2019 to Jul 5, 2019
SK International IPO Face Value ₹10 per share
SK International IPO Price ₹20 per share
SK International IPO Lot Size 6000 Shares
Issue Size1,980,000 shares of ₹10
(aggregating up to ₹3.96 Cr)
Issue Type Fixed Price Issue IPO
Listing At BSE SME
Company Promoters

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

SK International IPO Lot Size

The SK International IPO lot size is 6000 shares. A retail-individual investor can apply for up to 1 lots (6000 shares or ₹120,000).

Application Lots Shares Amount
Minimum 1 6000 ₹120,000
Maximum 1 6000 ₹120,000

SK International IPO Promoter Holding

Pre Issue Share Holding 95.33%
Post Issue Share Holding 69.59%

SK International IPO Review

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...

New SK International IPO Recommendation by Members

SK International IPO Recommendations Details | Post Recommendation | Manage Recommendations

Subscribe Neutral Avoid
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SK International IPO Subscription Status (Bidding Detail)

The SK International IPO is subscribed 1.26 times on Jul 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)

CategorySubscription (times)
NII1.97
Retail0.54
Total1.26

SK International IPO Prospectus

SK International IPO Rating

25
2.6
Rating:Rated 2.6 stars
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SK International IPO Listing Date

Listing Date Monday, July 15, 2019
BSE Script Code 542728
NSE Symbol
Listing In MT Group of Securities
ISIN INE04ST01013
IPO Price ₹20 per share
Face Value ₹10 per share

Listing Day Trading Information

.
IPO Price
Open
Low
High
Last Trade
BSE SME
₹20.00
₹19.20
₹19.20
₹20.00
₹20.00

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

KFin Technologies Limited

Phone: 04067162222, 04079611000
Email: einward.ris@karvy.com
Website: https://karisma.kfintech.com/

SK International IPO Reviews / Ratings

SK International IPO FAQs

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 Jun 28, 2019, and closes on Jul 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 Jun 28, 2019 and closes on Jul 5, 2019.

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

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, Edelweiss, 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.

The SK International IPO listing date is on Monday, July 15, 2019.
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SK International IPO Message Board

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21 Comments

11. PARITOSH Kumar giri |   Link |Jul 24, 2019 3:23:44 PM
Who to making your company
10. Dinesh Singh |   Link |Jul 11, 2019 12:50:33 PM
IPO Mentor IPO Mentor (800+ Posts, 300+ Likes)
What is the expected date of listing of this IPO?
Any one have any idia?
10.5. Small Investor |   Link |Jul 18, 2019 2:18:58 PM
IPO Guru IPO Guru (1600+ Posts, 800+ Likes)
Finchore LM chor h iske IPO m kbhi bhi Apply nhi krna chahiy
i already skip all ipo of Finchore Lm
10.6. deepcdsl |   Link |Jul 18, 2019 8:21:20 PM
IPO Guru IPO Guru (1100+ Posts, 1200+ Likes)
@medge, good...sub logo ne sme skip karane chahiye...
@small... Pakka chor finchore...
9. Dinesh Singh |   Link |Jul 15, 2019 3:57:13 PM
IPO Mentor IPO Mentor (800+ Posts, 300+ Likes)
It will cross the issue price tomorrow convinsely.
Please don't sell if any one have it.
9.1. Small Investor |   Link |Jul 18, 2019 2:22:31 PM
IPO Guru IPO Guru (1600+ Posts, 800+ 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
9.2. Dinesh Singh |   Link |Jul 18, 2019 3:14:54 PM
IPO Mentor IPO Mentor (800+ Posts, 300+ Likes)
Dear Small,
I don't hold any SME stock.
It was just my prediction based on movement.
8. deepcdsl |   Link |Jul 17, 2019 12:35:51 PM
IPO Guru IPO Guru (1100+ Posts, 1200+ Likes)
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...
8.1. Small Investor |   Link |Jul 18, 2019 2:20:52 PM
IPO Guru IPO Guru (1600+ Posts, 800+ Likes)
Its Powerfull Tec.@ 9-10
sala chor LM h
7. ManishS |   Link |Jul 15, 2019 2:18:07 PM
back to issue price
6. KING VINOD |   Link |Jul 15, 2019 11:01:46 AM
IPO Guru IPO Guru (1700+ Posts, 3400+ Likes)
SKIEL opened at 4% discount at 19.20 where issue price at 20.
5. Dinesh Singh |   Link |Jul 7, 2019 3:35:55 PM
IPO Mentor IPO Mentor (800+ Posts, 300+ Likes)
Admin,
Please update tentative time table for this IPO like others.
Thanks.


5.1. Team Chittorgarh.com |   Link |Jul 8, 2019 8:24:10 AM
IPO Mentor IPO Mentor (500+ Posts, 1000+ Likes)
Dear Mr Dinesh,
Sorry, the tentative dates are not available for this IPO.

Thank you,
@Admin, Team Chittorgarh.com

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4. DEKHODEKHO |   Link |Jul 3, 2019 2:51:46 PM
Pathetic is a word for this. Here Lagta hai some settlement will be done between LM and final let to subscribe the issue
3. GrowYourMoney |   Link |Jul 1, 2019 3:35:54 PM
Top Contributor Top Contributor (300+ Posts, 300+ Likes)
no one in mood to even discuss this IPO
simply Avoid

again speculations cant be ruled out in such IPOs
2. MR. KUMAR |   Link |Jul 1, 2019 10:59:30 AM
Avoid avoid
1. DownriteVJ |   Link |Jun 28, 2019 12:22:21 PM
IPO Guru IPO Guru (1300+ Posts, 1200+ Likes)
Skip this one.