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S K S Textiles Limited IPO (SKS Textiles IPO) Detail

January 9, 2018 - January 11, 2018

SKS Textiles IPO is a fixed price issue of Rs 13.32 crores. The issue is a combination of fresh issue of 4.38 lakh shares aggregating to Rs 6.57 crores and offer for sale of 4.5 lakh shares aggregating to Rs 6.75 crores.

SKS Textiles IPO bidding started from January 9, 2018 and ended on January 11, 2018. The shares got listed on NSE SME on January 19, 2018.

SKS Textiles IPO price is ₹150 per share. The minimum lot size for an application is 1000 Shares. The minimum amount of investment required by retail investors is ₹150,000.

Aryaman Financial Services Limited is the book running lead manager of the SKS Textiles IPO, while Sharex Dynamic (India) Pvt Ltd is the registrar for the issue.

Refer to SKS Textiles IPO RHP for detailed information.

SKS Textiles IPO Details

IPO Date January 9, 2018 to January 11, 2018
Listing Date January 19, 2018
Face Value ₹10 per share
Price ₹150 per share
Lot Size 1000 Shares
Total Issue Size888,000 shares
(aggregating up to ₹13.32 Cr)
Fresh Issue438,000 shares
(aggregating up to ₹6.57 Cr)
Offer for Sale450,000 shares of ₹10
(aggregating up to ₹6.75 Cr)
Issue Type Fixed Price Issue IPO
Listing At NSE SME
Market Maker portion48,000 shares

SKS Textiles IPO Reservation

SKS Textiles IPO offers 936,000 shares. 420,000 (44.87%) to NII, 420,000 (44.87%) to RII.

Investor Category Shares Offered
Anchor Investor Shares Offered-
Market Maker Shares Offered48,000 (5.13%)
Other Shares Offered420,000 (44.87%)
Retail Shares Offered420,000 (44.87%)
Other Shares Offered48,000 (5.13%)
Total Shares Offered936,000 (100%)

SKS Textiles IPO Lot Size

Investors can bid for a minimum of 1000 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 1000 ₹150,000
Retail (Max) 1 1000 ₹150,000
Lot Size Calculator

About S K S Textiles Limited

Incorporated in 1997, S K S Textiles Limited is Mumbai-based ISO 9000:2015 certified Company engaged in the business of Textile Manufacturing and Trading. SKS Textiles manufacture grey fabrics and finished fabrics for shirting, suiting, and other accessories for its own brand and also on outsourcing basis for other fabric / garment companies.

Company manufacture various fabrics like 100% Cotton - Lycra and Non-Lycra, Blended Cotton Suiting � Chief Value Cotton, Polyester Cotton, 100% Cotton Yarn Dyed , Polyester Viscose, Terry Rayon Suiting and Mock Linen under its brand names � Pierricarrlo, Cotbbelly�s and Earthen Belly. Company also undertakes corporate orders for Finished Fabrics and Grey Fabrics for corporate brands such as Raymond, Arvind, Siyaram�s, Digjam Limited, etc.

SKS Textiles manufacturing unit is located at Sonale, Bhiwandi in Maharashtra. Company also have a Packing and Storage unit at Kalher, Bhiwandi in Maharashtra.

Objects of the Issue (SKS Textiles IPO Objectives)

The Offer comprises a Fresh Issue by the Company and an Offer for Sale by the Selling Shareholders.

The Offer for Sale
Our Company will not receive any proceeds of the Offer for Sale by the Selling Shareholders.

The Fresh Issue
The Objects of the Fresh Issue is to raise funds for:
(a) Funding Long Term Working Capital Requirement; and
(b) Funding expenditure for General Corporate Purposes.

SKS Textiles IPO Review (May apply)

[Dilip Davda]  Cash surplus investors may consider moderate investment in this fully priced offer for long term. (Other). Read detail review...

SKS Textiles IPO Subscription Status (Bidding Detail)

The SKS Textiles IPO is subscribed 15.01 times on January 11, 2018 5:00:00 PM. The public issue subscribed 22.70 times in the retail category, times in the QIB category, and 6.90 times in the NII category. Check Day by Day Subscription Details (Live Status)

CategorySubscription (times)

SKS Textiles IPO Prospectus

SKS Textiles IPO Rating

Rating:Rated 3.5 stars
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SKS Textiles IPO Listing Details

Listing Date January 19, 2018
BSE Script Code
ISIN INE507Y01016
Final Issue Price ₹150 per share

Pre-Open Session - NSE

Listing Day Trading Information

Price Details
Final Issue Price
Last Trade

Check IPO Performance…

S K S Textiles Limited Contact Details

S K S Textiles Limited
Gala No. 431, Kewal Industrial Estate,
4th Floor, Senapati Bapat Marg,
Lower Parel (West), Mumbai 400 013
Phone: 022 6120 6222

SKS Textiles IPO Registrar

Sharex Dynamic (India) Pvt Ltd

Phone: +91- 22 - 2851 5606

SKS Textiles IPO - Buy or Not

SKS Textiles IPO Recommendation Summary

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

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SKS Textiles IPO FAQs

SKS Textiles IPO is a SME IPO of 888,000 equity shares of the face value of ₹10 aggregating up to ₹13.32 Crores. The issue is priced at ₹150 per share. The minimum order quantity is 1000 Shares.

The IPO opens on January 9, 2018, and closes on January 11, 2018.

Sharex Dynamic (India) Pvt Ltd is the registrar for the IPO. The shares are proposed to be listed on NSE SME.

The SKS Textiles IPO opens on January 9, 2018 and closes on January 11, 2018.

SKS Textiles IPO lot size is 1000 Shares, and the minimum amount required is ₹150,000.

You can apply in SKS Textiles 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 SKS Textiles IPO will be done on [.], and the allotted shares will be credited to your demat account by [.]. Check the SKS Textiles IPO allotment status.

The SKS Textiles IPO listing date is on January 19, 2018.
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SKS Textiles IPO Message Board

Ranked Members of Forum  Ranked Members | Members with Most Likes



52. Parveen taragi |   Link |  Bookmark |January 24, 2018 2:14:07 PM
is ipo allotment out?
51. Devendrablt |   Link |  Bookmark |January 23, 2018 4:07:25 PM
There is so much difference in meera ind and sks.

Diffrent buisness.

Meera ind is in machinery business and sks is in textile.
50. Thiagarajan Ramasamy |   Link |  Bookmark |January 23, 2018 10:21:54 AM
Top Contributor Top Contributor (600+ Posts, 200+ Likes)
Yes Meera INDS is in SME Group.
49. Thiagarajan Ramasamy |   Link |  Bookmark |January 20, 2018 4:20:09 PM
Top Contributor Top Contributor (600+ Posts, 200+ Likes)
The poor listing of SKST may be due to operators play. Of over 10 Lakh shares traded 4.25 lakh have been marked for delivery. While the high low is 51 and 31 ATP is roughly 46.
Most Retail Investors must have booked marginal profit or loss.
I recall the listing of another SAME Company Meera Industries offered @36 with lot size of 3000 an year back. I got one lot and sold on listing day @37 plus making marginal Profit.
In the following days it came further down to 32 levels. Afterwards it bounced back and presently quoting @255 plus @ BSE.
We have to wait and see how SKST will move in the coming days. Let Individual Investors take their own decision. This is for informative purposes only.

49.2. CLD |   Link |  Bookmark |January 21, 2018 2:53:39 AM
Top Contributor Top Contributor (500+ Posts, 100+ Likes)
Are you buying it at current rate?
49.3. JSK,Mum |   Link |  Bookmark |January 23, 2018 10:15:28 AM
48. NEMI CHAND AJMERA |   Link |  Bookmark |January 22, 2018 7:09:15 AM
Issue size was 8.88 lacs shares.First day traded share 10.80lacs.It concludes that someone has manipulated script drastically.Good participation seen by HNI and QIB . So wait for some time to settle the script.
48.1. Nakp |   Link |  Bookmark |January 23, 2018 1:00:55 AM
What to do still waiting?
47. RAJA RAJASTHANI |   Link |  Bookmark |January 19, 2018 9:58:54 PM
IPO Mentor IPO Mentor (600+ Posts, 300+ Likes)
Maar Dala Kamino ne..

QIB ko dekhkar apply kiya tha.

Chuna laga gaye..

Remain alert friends and save your money from such Greedy companies..
47.3. Ipo.... |   Link |  Bookmark |January 21, 2018 10:10:24 AM
47.4. ronak tilva |   Link |  Bookmark |January 21, 2018 2:41:35 PM
it will easily go below 100 in few days
46. an Investor |   Link |  Bookmark |January 20, 2018 12:07:00 PM (200+ Posts)
i follow usually dilip sir''s advice, since this was not "subscribe" call, i did not go with more lots
i had still applied 1 lot coz of FII, but its good i did not get any allotment.
45. Umang and his ultrasonic uproar |   Link |  Bookmark |January 19, 2018 5:04:52 PM
IPO Mentor IPO Mentor (900+ Posts, 700+ Likes)
Nowadays HNI are more smart than QIB, atleast this is true, as far as this issue is concerned. Heavy selling in last hour.... Desperate attempt by operators & L. M. to stabilize price doesn''t help..... QIB went wrong...... All coming up SME''S are avoid.....
45.1. KAUSHIK SHAH |   Link |  Bookmark |January 19, 2018 6:24:53 PM
Whether to hold or sell @ loss?
44. SHANI |   Link |  Bookmark |January 19, 2018 1:26:53 PM (300+ Posts, 300+ Likes)
Total      49,27,351      12,01,65,877      24.39
otal      49,27,351      15,51,45,944      31.4867

43. RAJA RAJASTHANI |   Link |  Bookmark |January 19, 2018 9:18:26 AM
IPO Mentor IPO Mentor (600+ Posts, 300+ Likes)
Todays listing day low @134.7

Lesson for retailers

Mind blowing
42. RAJA RAJASTHANI |   Link |  Bookmark |January 19, 2018 9:16:50 AM
IPO Mentor IPO Mentor (600+ Posts, 300+ Likes)
Poor listing

Sold in loss
41. RAJA RAJASTHANI |   Link |  Bookmark |January 19, 2018 7:56:57 AM
IPO Mentor IPO Mentor (600+ Posts, 300+ Likes)
SKS Textiles.

Listing today.

Best wishes
40. GROWINGFURTHER |   Link |  Bookmark |January 19, 2018 7:06:36 AM
Might be open in good but advise to exit .... don''t expect circuit would be sustainable
39. lakshya agg |   Link |  Bookmark |January 15, 2018 11:09:43 AM
will lock in 20% up as fii buying

rs. 180 for sure
39.2. KAUSHIK SHAH |   Link |  Bookmark |January 18, 2018 6:53:09 PM
How many UCs are possible?
39.3. SekharG |   Link |  Bookmark |January 18, 2018 8:02:12 PM
Can expect at least 2 UCS
38. Vijay M Agrawal |   Link |  Bookmark |January 18, 2018 3:40:54 PM (300+ Posts)
37. invest right sit tight |   Link |  Bookmark |January 16, 2018 2:39:16 PM
Any problem like income tax notice or scrutiny if invest 4-5 lakh in one application? Will the company file AIR information report for this transaction? Senior members please reply.
Thanks in advance.
37.1. o.p.punani |   Link |  Bookmark |January 18, 2018 4:42:16 AM
37.2. invest right sit tight |   Link |  Bookmark |January 18, 2018 3:04:31 PM
Thank you for reply. Someone told me that rules changed wef January 2016 and limit for Annual information report AIR hiked to 10 lakh rupees. Is it not true or you still get notice? Can you tell me for which financial year you received notice? It will be very helpful 4 me.
36. Sanjay parmar |   Link |  Bookmark |January 17, 2018 8:02:14 PM
36.1. Nakp |   Link |  Bookmark |January 18, 2018 12:51:25 AM
Sir any premium?
35. RAJA RAJASTHANI |   Link |  Bookmark |January 17, 2018 10:04:12 PM
IPO Mentor IPO Mentor (600+ Posts, 300+ Likes)
Check your Bank account.
Amount debited.

Check detail using DP details.
Website working OK.
34. Yug |   Link |  Bookmark |January 17, 2018 9:17:57 PM
How to check allotment with PAN
33. RAJA RAJASTHANI |   Link |  Bookmark |January 17, 2018 7:13:18 PM
IPO Mentor IPO Mentor (600+ Posts, 300+ Likes)

33.1. KAUSHIK SHAH |   Link |  Bookmark |January 17, 2018 7:34:08 PM
Any premium?