FREE Account Opening + No Clearing Fees

SKP Bearing Industries Limited IPO (SKP Bearing Industries IPO) Detail

June 30, 2022 - July 5, 2022

SKP Bearing Industries IPO is a fixed price issue of Rs 30.80 crores. The issue is a combination of fresh issue of 16 lakh shares aggregating to Rs 11.20 crores and offer for sale of 28 lakh shares aggregating to Rs 19.60 crores.

SKP Bearing Industries IPO bidding started from June 30, 2022 and ended on July 5, 2022. The allotment for SKP Bearing Industries IPO was finalized on Friday, July 8, 2022. The shares got listed on NSE SME on July 13, 2022.

SKP Bearing Industries IPO price is ₹70 per share. The minimum lot size for an application is 2000 Shares. The minimum amount of investment required by retail investors is ₹140,000. The minimum lot size investment for HNI is 2 lots (4,000 shares) amounting to ₹280,000.

Shreni Shares Limited is the book running lead manager of the SKP Bearing Industries IPO, while Bigshare Services Pvt Ltd is the registrar for the issue.

Refer to SKP Bearing Industries IPO RHP for detailed information.

SKP Bearing Industries IPO Details

IPO Date June 30, 2022 to July 5, 2022
Listing Date July 13, 2022
Face Value ₹10 per share
Price ₹70 per share
Lot Size 2000 Shares
Total Issue Size4,400,000 shares
(aggregating up to ₹30.80 Cr)
Fresh Issue1,600,000 shares
(aggregating up to ₹11.20 Cr)
Offer for Sale2,800,000 shares of ₹10
(aggregating up to ₹19.60 Cr)
Issue Type Fixed Price Issue IPO
Listing At NSE SME
Market Maker portion220,000 shares

SKP Bearing Industries IPO Reservation

SKP Bearing Industries IPO offers 4,400,000 shares. 2,090,000 (47.50%) to NII, 2,090,000 (47.50%) to RII.

Investor Category Shares Offered
Anchor Investor Shares Offered-
Market Maker Shares Offered220,000 (5.00%)
Other Shares Offered2,090,000 (47.50%)
Retail Shares Offered2,090,000 (47.50%)
Total Shares Offered4,400,000 (100%)

SKP Bearing Industries IPO Timeline (Tentative Schedule)

SKP Bearing Industries IPO opens on June 30, 2022, and closes on July 5, 2022.

IPO Open Date Thursday, June 30, 2022
IPO Close Date Tuesday, July 5, 2022
Basis of Allotment Friday, July 8, 2022
Initiation of Refunds Monday, July 11, 2022
Credit of Shares to Demat Tuesday, July 12, 2022
Listing Date Wednesday, July 13, 2022
Cut-off time for UPI mandate confirmation 5 PM on July 5, 2022

SKP Bearing Industries IPO Lot Size

Investors can bid for a minimum of 2000 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 2000 ₹140,000
Retail (Max) 1 2000 ₹140,000
HNI (Min) 2 4,000 ₹280,000
Lot Size Calculator

SKP Bearing Industries IPO Promoter Holding

Mr. Shrinand Kamlakar Palshikar and Ms. Sangita Shrinand Palshikar are the company promoters.

Share Holding Pre Issue 100%
Share Holding Post Issue 73.49%

About SKP Bearing Industries Limited

SKP Bearing Industries Limited manufactures needle rollers, cylindrical rollers, pins, and steel balls. The company supplies its products to diverse industries such as textiles, automobiles, etc. across India. The company also exports rolling elements to international customers in Brazil, Argentina, UAE, etc.
SKP Bearing Industries Limited has also ventured into the power generation business by installing a windmill in the year 2012-2013 at Survey No. 646, vill: Seth Vadala, Taluka: Jamjodhpur, Jamnagar Forest Division, Gujarat with a commissioned capacity of 0.80 MW.
The company also has a solar plant situated at Survey No. 25/M., Village Rojhana, Teh: Baroda, Dist.: Agar, Madhya Pradesh, and other windmills situated at Survey No. 143/2, Village: Jamuniameena, P.H.N.-52, Mandsaur, Madhya Pradesh, and Village Rautwadi, Tal. Koregaon, District Satara, Maharashtra with a commissioned capacity of 0.63MW, 1.5 MW and 0.80 MW respectively for the generation and sale of power and electricity to various customers.
Competitive Strengths:
  • One of the players in manufacturing of multiple rolling elements in India under single roof.
  • Quality Assurance and Quality Control of the products.
  • Wide and Stable customer base.
  • Experienced management and dedicated employee base.
  • Diversifying the product mix and increasing penetration in markets.
  • Cost effective production and timely fulfilment of orders.

Company Financials

SKP Bearing Industries Limited Financial Information (Restated)
Period EndedTotal AssetsTotal RevenueProfit After TaxNet Worth
Amount in ₹ Lakhs

Key Performance Indicator

SKP Bearing Industries IPO Market Cap is Rs 116.2 Cr and P/E (x) is 9.49.

KPI Values
P/E (x)9.49
Market Cap (₹ Cr.)116.2

Objects of the Issue (SKP Bearing Industries IPO Objectives)

The Company proposes to utilize the Net Proceeds from the Offer towards funding the following objects:

1. Funding working capital requirements.

2. General corporate purposes.

SKP Bearing Industries IPO Review (May apply)

[Dilip Davda]  SKP has posted mind-boggling results so far with attractive margins. But none of the peers enjoys such margins. Based on its current earnings, the issue is fully priced. The sustainability of present margins is a major concern. Risk seeker/cash surplus/well-informed investors may consider an investment with a long-term perspective. Read detail review...

SKP Bearing Industries IPO Subscription Status (Bidding Detail)

The SKP Bearing Industries IPO is subscribed 10.06 times on July 5, 2022 5:00:00 PM. The public issue subscribed 9.92 times in the retail category, times in the QIB category, and 10.20 times in the NII category. Check Day by Day Subscription Details (Live Status)

CategorySubscription (times)

SKP Bearing Industries IPO Prospectus

SKP Bearing Industries IPO Rating

Rating:Rated 4.2 stars
Vote Here ...

SKP Bearing Industries IPO Listing Details

Listing Date July 13, 2022
BSE Script Code
NSE Symbol SKP
Final Issue Price ₹70 per share

Pre-Open Session - NSE

Listing Day Trading Information

Price Details
Final Issue Price
Last Trade

Check IPO Performance…

SKP Bearing Industries Limited Contact Details

SKP Bearing Industries Limited
Survey No. 2127,
Mulchand Road, Wadhwan 363 030,
Phone: +91 98242 31243

SKP Bearing Industries IPO Registrar

Bigshare Services Pvt Ltd

Phone: +91-22-6263 8200

SKP Bearing Industries IPO - Buy or Not

SKP Bearing Industries IPO Recommendation Summary

Review By Subscribe Neutral Avoid
Brokers 1 0 0
Members 6 1 0

Read All Reviews Post Your Review Manage Reviews

SME IPO Enquiry

SME Company Owners
We could help you get listed on the stock market.

Contact us Today

Check our SME IPO Guide New

SKP Bearing Industries IPO FAQs

SKP Bearing Industries IPO is a SME IPO of 4,400,000 equity shares of the face value of ₹10 aggregating up to ₹30.80 Crores. The issue is priced at ₹70 per share. The minimum order quantity is 2000 Shares.

The IPO opens on June 30, 2022, and closes on July 5, 2022.

Bigshare Services Pvt Ltd is the registrar for the IPO. The shares are proposed to be listed on NSE SME.

Zerodha customers can apply online in SKP Bearing Industries IPO using UPI as a payment gateway. Zerodha customers can apply in SKP Bearing Industries IPO by login into Zerodha Console (back office) and submitting an IPO application form.

Steps to apply in SKP Bearing Industries IPO through Zerodha

  1. Visit the Zerodha website and login to Console.
  2. Go to Portfolio and click the IPOs link.
  3. Go to the 'SKP Bearing Industries IPO' row and click the 'Bid' button.
  4. Enter your UPI ID, Quantity, and Price.
  5. ‘Submit’ IPO application form.
  6. Visit the UPI App (net banking or BHIM) to approve the mandate.

Visit Zerodha IPO Application Process Review for more detail.

The SKP Bearing Industries IPO opens on June 30, 2022 and closes on July 5, 2022.

SKP Bearing Industries IPO lot size is 2000 Shares, and the minimum amount required is ₹140,000.

You can apply in SKP Bearing Industries 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 SKP Bearing Industries IPO will be done on Friday, July 8, 2022, and the allotted shares will be credited to your demat account by Tuesday, July 12, 2022. Check the SKP Bearing Industries IPO allotment status.

The SKP Bearing Industries IPO listing date is on July 13, 2022.
Open an Instant Account with Zerodha

SKP Bearing Industries IPO Message Board

Ranked Members of Forum  Ranked Members | Most Liked Members



179. rsk |   Link |August 25, 2022 7:58:31 PM
IPO Mentor IPO Mentor (600+ Posts, 300+ Likes)
Results as expected. Diluted EPS 2.18
Dividend 1Re.
Receivable are bit large.
Owner husband/wife have almost 20 cr unsecured loan from company at very low interest, which is worrisome.
179.3. Longer gamer |   Link |August 26, 2022 11:15:21 PM
Zero debt company and company have no any single rupee debt on their balance sheet and in very short time they have announced 1rs dividend. That type of share holder supportive decision we see from rare SME companies.
179.4. Happy Go Lucky |   Link |August 28, 2022 9:15:10 AM
@ longer gamer. Please see Balance sheet schedule 2.3, which is self explanatory.
178. AbFrancis |   Link |August 26, 2022 1:19:05 AM
Can anyone share the link to this company's latest results?
Thanks in advance
178.1. Longer gamer |   Link |August 26, 2022 11:17:15 PM
Go on NSE website and type SKP Bearing at search tabe you will find all the details till today.
Do not see moneycontrol data those all are wrong.
178.2. Athar |   Link |August 26, 2022 11:51:20 PM (200+ Posts)
Where to sell SME allotted shares.Religare and Geojit reputed brokers are not having SME platform to sell SME allotted shares.Kindly give details.
177. pRACE |   Link |August 26, 2022 11:16:57 AM
Top Contributor Top Contributor (200+ Posts, 100+ Likes)
sold at 284... 1 lot retail
176. Riyansh |   Link |August 25, 2022 4:04:35 PM (200+ Posts)
At 115.8 20 % Upper Circuit
175. IPO ADVENTURE |   Link |August 24, 2022 5:17:32 PM
Good upward move today, may be board meeting effect, anyone please post the result and out come of board meeting
174. Ravu |   Link |August 16, 2022 11:03:01 PM
IPO Mentor IPO Mentor (700+ Posts, 400+ Likes)
Board meeting on 24-Aug
Financial statement along with considering Final dividend

174.1. Jamsait |   Link |August 22, 2022 1:35:25 PM
@Ravu thanks dear for updating AGM...where to find results of the company? Y healthy life agritec falling very severely today?
174.2. Riyansh |   Link |August 25, 2022 11:29:39 AM (200+ Posts)
@Ravu, Have u studied Results?
173. IPO ADVENTURE |   Link |July 29, 2022 5:42:16 PM
Price going down, when time came for 20% UC, what to do? Whether it cross 100 level again?
173.1. Longer gamer |   Link |July 29, 2022 10:20:51 PM
Definitely don't worry about daily movement of stock, looking really good fundamental and hoping that company will post good number of last quarter . I have done analysis during ipo time and also posted message on 12th july.
172. Parthiban S |   Link |July 27, 2022 6:28:11 PM
Is it possible to cross 120 this week?
171. Traderjee |   Link |July 27, 2022 12:01:30 PM
Why price is not changed in ZERODHA app for SKP Bearing script ?
171.1. Ravu |   Link |July 27, 2022 1:42:18 PM
IPO Mentor IPO Mentor (700+ Posts, 400+ Likes)
It is SKP-SM from today onwards. (ST to SM )

171.2. Traderjee |   Link |July 27, 2022 1:51:39 PM
@Ravu Thanks dear
170. Happy Go Lucky |   Link |July 23, 2022 4:44:20 PM
@lokes, Since you are holding 2 Lots of SKP Bearing, what is your ideal selling price, tentatively, especially after back to back 5% upper circuit. I am also holding one lot.
170.5. Riyansh |   Link |August 25, 2022 11:09:14 AM (200+ Posts)
Hi, Lokes are u holding yet ?Results are out please Analyse.
170.6. Happy Go Lucky |   Link |August 25, 2022 3:59:41 PM
@Lokes, What do you think about SKP Bearing. will it reach to nearby 150. Result for the period 6th January to 31st March 22 is good. Sales 9.68 Crores Net Profit after Tax 3.64 Crores & EPS is 2.43.
169. Wishal |   Link |July 21, 2022 4:08:57 PM
Top Contributor Top Contributor (400+ Posts, 300+ Likes)
Enjoy guys uc ride
169.1. Traderjee |   Link |July 21, 2022 4:19:39 PM
Hope few more upper circuit
168. Traderjee |   Link |July 21, 2022 3:55:55 PM
now at 5% upper circuit but continue seller pressure.......
168.1. Ravu |   Link |July 21, 2022 4:05:07 PM
IPO Mentor IPO Mentor (700+ Posts, 400+ Likes)
Looks like it will close in UC as buy orders are building up
167. Takamichi |   Link |July 21, 2022 3:52:20 PM
IPO Mentor IPO Mentor (800+ Posts, 700+ Likes)
Movement in the stock....hope it sustains
166. IPO guro |   Link |July 18, 2022 5:13:14 PM
IPO Mentor IPO Mentor (1100+ Posts, 400+ Likes)
Buy near 50
If available.
165. Takamichi |   Link |July 17, 2022 10:07:15 PM
IPO Mentor IPO Mentor (800+ Posts, 700+ Likes)
More than 20 lakh shres has been settled(T+2 days from listing).....would there be more selling pressure tomorrow?
I hope the operator does something
165.1. Gaurav DD dimer |   Link |July 17, 2022 11:40:45 PM
IPO Mentor IPO Mentor (1100+ Posts, 400+ Likes)
Day - 1 Sellers are 75 to 80% retailers, 20-25% HNI
Day - 2 Sellers are 70-75% retailers, 25-30% HNI
Day - 3 Sellers are 90% retailers, 10% HNI.

Calculation based on No. of trades and traded volume.
164. IPO guro |   Link |July 14, 2022 11:04:55 PM
IPO Mentor IPO Mentor (1100+ Posts, 400+ Likes)
Jab retailers HNIs may jam Kay apply karta hi tab yahi haal hota hi .
164.1. Trueinfo |   Link |July 15, 2022 6:14:06 PM
IPO Guru IPO Guru (1800+ Posts, 1700 Likes)
Maintaining it's lackluster performance. Good point is no capital loss yet. However, In contrast look at Jayant. Non stop UC. No yardstick to judge SMEs.
164.2. Abhii VPG |   Link |July 15, 2022 10:17:41 PM
IPO Mentor IPO Mentor (600+ Posts, 200+ Likes)
Very true @Trueinfo 👏🏻
163. SHEKHAWAT T |   Link |July 14, 2022 4:47:24 PM
Mravichandran sir ,hope all is well .There is no message on any sme ipo page.
163.1. Noorul |   Link |July 14, 2022 9:47:17 PM
Today I talked to him personally... he is just busy in office work... Nothing to worry... Will join us soon. He has also send his best regards to all the members here ..
162. Abhii VPG |   Link |July 14, 2022 2:16:52 PM
IPO Mentor IPO Mentor (600+ Posts, 200+ Likes)
Holding it with full conviction, same what i did with Swaraj.
And it gave good returns in a month, initially went down to around ₹50, but later sold it at ₹81/-
162.4. Abhii VPG |   Link |July 26, 2022 12:43:29 AM
IPO Mentor IPO Mentor (600+ Posts, 200+ Likes)
Same can happen with Healthy life also, we might not see bumper listing, but looks healthy for medium to long term.
Investors will make more money here than traders, like they did in SKP.
Happy investing ✌🏻
162.5. Abhii VPG |   Link |July 27, 2022 11:19:02 AM
IPO Mentor IPO Mentor (600+ Posts, 200+ Likes)
Reached my 1st target (almost 90) pretty early.

P - Panic
P - Patience
Choice is ours
161. mAhmed |   Link |July 14, 2022 4:38:27 PM
continuous selling pressure . Sold 1 lot around 72 rs.
160. IPO guro |   Link |July 14, 2022 1:32:10 PM
IPO Mentor IPO Mentor (1100+ Posts, 400+ Likes)
Target 55 ka diya LC lag gaya.