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 Open	Jun 28, 2019 - Jul 5, 2019
Issue Type	Fixed Price Issue IPO
Issue Size	1,980,000 Eq Shares of Rs 10 (aggregating up to Rs 3.96 Cr)
Face Value	Rs 10 Per Equity Share
Issue Price	Rs 20 Per Equity Share
Market Lot	6000 Shares
Min Order Quantity	6000 Shares
Listing At	BSE SME

SK International IPO Promoter Holding

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

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

› Draft Prospectus
› Red Herring Prospectus

SK International IPO Rating

2.6

Rating:

Vote Here ...

SK International IPO Listing Date

Listing Date	Monday, July 15, 2019
BSE Script Code	542728
NSE Symbol
Listing In	MT
ISIN	INE04ST01013
Issue Price	Rs 20 Per Equity Share
Face Value	Rs 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

Dilip Davda - Avoid

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 Lead Manager(s)

Finshore Management Services Limited

Lead Manager Reports

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Useful Articles

SK International IPO Review / Comments

10. Dinesh Singh Jul 11, 2019 12:50

Top Contributor (200+ Posts)

What is the expected date of listing of this IPO?
Any one have any idia?

Load more comments (4 replies)

10.5. Small Investor Jul 18, 2019 14:18

1 |

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

10.6. deepcdsl Jul 18, 2019 20:21

@medge, good...sub logo ne sme skip karane chahiye...
@small... Pakka chor finchore...

9. Dinesh Singh Jul 15, 2019 15:57

Top Contributor (200+ Posts)

It will cross the issue price tomorrow convinsely.
Please don't sell if any one have it.

9.1. Small Investor Jul 18, 2019 14:22

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

9.2. Dinesh Singh Jul 18, 2019 15:14

Top Contributor (200+ Posts)

Dear Small,
I don't hold any SME stock.
It was just my prediction based on movement.

8. deepcdsl Jul 17, 2019 12:35

2 |

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 Jul 18, 2019 14:20

1 |

IPO Mentor (800+ Posts, 300+ Likes)

Its Powerfull Tec.@ 9-10
sala chor LM h

7. ManishS Jul 15, 2019 14:18

back to issue price

6. KING VINOD Jul 15, 2019 11:01

IPO Guru (1000+ Posts, 2100+ Likes)

SKIEL opened at 4% discount at 19.20 where issue price at 20.

5. Dinesh Singh Jul 7, 2019 15:35

Top Contributor (200+ Posts)

Admin,
Please update tentative time table for this IPO like others.
Thanks.

5.1. Team Chittorgarh.com Jul 8, 2019 08:24

Dear Mr Dinesh,
Sorry, the tentative dates are not available for this IPO.

Thank you,

Chittorgarh.com Admins

Common Sense Public Forum Rules

Do not post irrelevant messages or advertisements.
Treat other members with the respect. Avoid insult or personal attacks.
Do not post your personal information i.e phone number or email address.

4. DEKHODEKHO Jul 3, 2019 14:51

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 Jul 1, 2019 15:35

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

2. MR. KUMAR Jul 1, 2019 10:59

Avoid avoid

1. DownriteVJ Jun 28, 2019 12:22

1 |

IPO Guru (1100+ Posts, 1000+ Likes)

Skip this one.

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