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

Jan 9, 2018 - Jan 11, 2018

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.

Company Promoters:

The Promoters of the Company are:
1. Mr. Sukanraj Shah
2. Mr. Vicky Shah
3. Mr. Sahil Shah
4. Sukanraj Bhabhutmal Shah HUF

Objects of the Issue:

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 Details

IPO Opening DateJan 9, 2018
IPO Closing DateJan 11, 2018
Issue TypeFixed Price Issue IPO
Face Value₹10 per equity share
IPO Price₹150 per equity share
Market Lot1000 Shares
Min Order Quantity1000 Shares
Listing AtNSE SME
Issue Size888,000 Eq Shares of ₹10
(aggregating up to ₹13.32 Cr)
Fresh Issue438,000 Eq Shares of ₹10
(aggregating up to ₹6.57 Cr)
Offer for Sale450,000 Eq Shares of ₹10
(aggregating up to ₹6.75 Cr)

SKS Textiles IPO Lot Size

The SKS Textiles IPO market lot size is 1000 shares. A retail-individual investor can apply for up to 1 lots (1000 shares or ₹150,000).

ApplicationLotsSharesAmount (Cut-off)
Minimum11000₹150,000
Maximum11000₹150,000

SKS Textiles IPO Subscription Status (Bidding Detail)

The SKS Textiles IPO is subscribed 15.01x times on Jan 11, 2018 17:00. The public issue subscribed 22.70x in the retail category, in the QIB category, and 6.90x in the NII category. Check Day by Day Subscription Details (Live Status)

CategoryIPO Subscription
NII

6.90x

RII

22.70x

Total

15.01x

SKS Textiles IPO Prospectus

SKS Textiles IPO Rating

117
3.5
Rating:Rated 3.5 stars

Vote Here ...

SKS Textiles IPO Listing Date

Listing DateFriday, January 19, 2018
BSE Script Code
NSE SymbolSKSTEXTILE
Listing In
ISININE507Y01016
IPO Price₹150 per equity share
Face Value₹10 per equity share

Listing Day Trading Information

.
IPO Price
Open
Low
High
Last Trade
Volume
NSE SME
IPO Price:₹150.00
Open:₹149.90
Low:₹131.10
High:₹151.00
Last Trade:₹133.35
Volume:1,084,000

SKS Textiles IPO Reviews / Ratings

Company Contact Information

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
Email: info@groupsks.com
Website: http://www.groupsks.com

SKS Textiles IPO Registrar

Sharex Dynamic (India) Pvt Ltd
   Unit 1, Luthra Ind. Premises,
   Safed Pool, Andheri - Kurla Road,
   Andheri (East), Mumbai - 400 072

Phone: +91- 22 - 2851 5606
Email: sharexindia@vsnl.com
Website: http://www.sharexindia.com

SKS Textiles IPO FAQs

  1. What is SKS Textiles IPO?

    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 equity share. The minimum order quantity is 1000 Shares.

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

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

  2. When SKS Textiles IPO will open?

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

  3. What is the lot size of SKS Textiles IPO?

    SKS Textiles IPO lot size is 1000 Shares and the minimum order quantity is 1000 Shares.

  4. How to apply for SKS Textiles IPO?

    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, Edelweiss, ICICI Bank, HDFC Bank and SBI Bank.

  5. When SKS Textiles IPO allotment?

    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.

  6. When is SKS Textiles IPO listing date?

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

SKS Textiles IPO Message Board

Ranked Members  Ranked Members

Loading...
52. Parveen taragi |Jan 24, 2018 15:14
is ipo allotment out?
51. Devendrablt |Jan 23, 2018 17:07
Top Contributor Top Contributor (300+ Posts, 200+ Likes)
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 |Jan 23, 2018 11:21
Yes Meera INDS is in SME Group.
49. Thiagarajan Ramasamy |Jan 20, 2018 17:20
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 |Jan 21, 2018 03:53
IPO Mentor IPO Mentor (500+ Posts, 100+ Likes)
Are you buying it at current rate?
49.3. JSK,Mum |Jan 23, 2018 11:15
MEERA IS NOW UPPER CIRCUIT @ 303.70 IS IT SAME GROUP ??
48. NEMI CHAND AJMERA |Jan 22, 2018 08:09
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 |Jan 23, 2018 02:00
What to do still waiting?
47. RAJA RAJASTHANI |Jan 19, 2018 22:58
IPO Mentor IPO Mentor (500+ 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.... |Jan 21, 2018 11:10
14000
47.4. ronak tilva |Jan 21, 2018 15:41
it will easily go below 100 in few days
46. an Investor |Jan 20, 2018 13:07
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 |Jan 19, 2018 18:04
IPO Mentor IPO Mentor (500+ Posts, 500+ 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 |Jan 19, 2018 19:24
Whether to hold or sell @ loss?
44. SHANI |Jan 19, 2018 14:26
Top Contributor Top Contributor (200+ Posts, 200+ Likes)
ON NSE SUBS NOW
Total      49,27,351      12,01,65,877      24.39
ON BSE SUBS NOW
otal      49,27,351      15,51,45,944      31.4867

BOTH NSE BSE TOTAL = 55.8767
43. RAJA RAJASTHANI |Jan 19, 2018 10:18
IPO Mentor IPO Mentor (500+ Posts, 300+ Likes)
Todays listing day low @134.7

Lesson for retailers

Mind blowing
42. RAJA RAJASTHANI |Jan 19, 2018 10:16
IPO Mentor IPO Mentor (500+ Posts, 300+ Likes)
Poor listing

Sold in loss
41. RAJA RAJASTHANI |Jan 19, 2018 08:56
IPO Mentor IPO Mentor (500+ Posts, 300+ Likes)
SKS Textiles.

Listing today.

Best wishes
40. GROWINGFURTHER |Jan 19, 2018 08:06
Might be open in good but advise to exit .... don''t expect circuit would be sustainable
39. lakshya agg |Jan 15, 2018 12:09
will lock in 20% up as fii buying

rs. 180 for sure
39.2. KAUSHIK SHAH |Jan 18, 2018 19:53
How many UCs are possible?
39.3. SekharG |Jan 18, 2018 21:02
Can expect at least 2 UCS
38. Vijay M Agrawal |Jan 18, 2018 16:40
LISTING IS TOMORROW
37. invest right sit tight |Jan 16, 2018 15:39
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 |Jan 18, 2018 05:42
YES ABOVE 2 LAC APPLY ALL DATE WILL GO TO INCOME TAX DEPPTT...IN LAST I HAD RECED NOTICES....
37.2. invest right sit tight |Jan 18, 2018 16:04
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 |Jan 17, 2018 21:02
4/7
36.1. Nakp |Jan 18, 2018 01:51
Sir any premium?
35. RAJA RAJASTHANI |Jan 17, 2018 23:04
IPO Mentor IPO Mentor (500+ Posts, 300+ Likes)
Check your Bank account.
Amount debited.

Check detail using DP details.
Website working OK.


http://www.sharexindia.com/appdetails1.php?id=33
34. Yug |Jan 17, 2018 22:17
How to check allotment with PAN
33. RAJA RAJASTHANI |Jan 17, 2018 20:13
IPO Mentor IPO Mentor (500+ Posts, 300+ Likes)
1/7

Cheers
33.1. KAUSHIK SHAH |Jan 17, 2018 20:34
Any premium?







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