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Sky Gold Limited IPO (Sky Gold IPO) Detail

Sep 18, 2018 - Sep 21, 2018

Incorporated in 2008, Mumbai based Sky Gold Limited is a business engaged in the business of designing, manufacturing, and marketing of Gold jewelry.

The company operates from a 2,740 sq. ft. sole manufacturing facility located in Mulund, Mumbai. The facility is used to make casting based jewelry using rubber dye, wax molds, and machines. It has its central sales offices at Mumbai. In addition, the company has also set-up sales offices in Kerala and Telangana to cater to the Southern regions of India.

Sky Gold has recently started export operations handled by its Mumbai sales office.

Between 2013-14 and 2017-18-

-Total revenue grew from ₹ 9,624.74 lakhs to ₹ 54,886.27 lakhs at a CAGR of 41.65%.

- EBITDA grew from ₹ 359.85
lakhs to ₹ 769.71 lakhs at a CAGR of 16.42%.

-PAT grew from ₹ 63.59 lakhs to ₹ 262.64 lakhs at a CAGR of 32.80%.

The company has 40 employees on its payroll.

Company Promoters:

The Promoters of our Company are:
1. Mr. Mangesh Chauhan
2. Mr. Mahendra Chauhan
3. Mr. Darshan Chauhan

Company Financials:

Summary of financial Information (Restated)
Particulars For the year/period ended (in Rs. Lakhs)
31-Mar-18 31-Mar-17 31-Mar-16 31-Mar-15 31-Mar-14
Total Assets 6,624.20 3,696.17 3,486.30 2,915.56 2,648.57
Total Revenue 54,889.53 16,441.05 18,331.31 12,777.45 9,624.74
Profit After Tax 393.78 143.47 144.12 123.91 94.68

Objects of the Issue:

The Objects of the Issue are-
(a) Repayment of Loans;
(b) Fund Working Capital Requirement;
(c) General Corporate Purposes.

Sky Gold IPO Details

Issue OpenSep 18, 2018 - Sep 21, 2018
Issue TypeFixed Price Issue IPO
Issue Size1,420,000 Eq Shares of Rs 10
(aggregating up to Rs 25.56 Cr)
Face ValueRs 10 Per Equity Share
Issue PriceRs 180 Per Equity Share
Market Lot
Min Order Quantity
Listing AtBSE SME

Sky Gold IPO Tentative Date / Timetable

Bid/Offer Opens OnSep 18, 2018
Bid/Offer Closes OnSep 21, 2018
Finalisation of Basis of AllotmentSep 26, 2018
Initiation of RefundsSep 27, 2018
Credit of Shares to Demat Acct:Sep 28, 2018
IPO Shares Listing Date:Oct 1, 2018

Sky Gold IPO Subscription Status (Bidding Detail)

Sky Gold IPO how much subscribed?

No. of Times Issue Subscribed (BSE + NSE)

As on Date & Time

NII

RII

Total

Shares Offered

674,000

674,000

1,348,000

Sep 21, 2018 18:49

1.23x

0.94x

1.08x

Sky Gold IPO Prospectus

Sky Gold IPO Rating

22
2.3
Rating:Rated 2.3 stars

Vote Here ...

Sky Gold IPO Listing Date

Listing DateThursday, October 4, 2018
BSE Script Code541967
NSE Symbol
Listing In
ISININE01IU01018
Issue PriceRs 180 Per Equity Share
Face ValueRs 10 Per Equity Share

Listing Day Trading Information

.
Issue Price
Open
Low
High
Last Trade
Volume
BSE SME
Rs 180.00
Rs 181.00
Rs 180.25
Rs 181.00
Rs 180.45
302,400

Sky Gold IPO Reviews / Ratings

Company Contact Information

Sky Gold Limited
Gala no. 101, 102, 103, 1st Floor,
Raja Industrial Estate, Sarvoday Nagar,
Mulund (West), Mumbai - 400080

Phone: +91 - 22 - 2593 9399
Email: info@skygold.in
Website: http://www.skygold.in/

Sky Gold IPO Registrar

Link Intime India Private Ltd
   Link Intime India Private Ltd
   C 101, 247 Park, L.B.S.Marg,
   Vikhroli (West), Mumbai - 400083

Phone: +91-22-4918 6270
Email: skygold.ipo@linkintime.co.in
Website: http://www.linkintime.co.in

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Sky Gold IPO Review / Comments

avatar
5. GrowYourMoney  Sep 17, 2018 22:25 I Like It. | Report Abuse
Top Contributor Top Contributor (200+ Posts, 300+ Likes)
Never Ever get trapped...
Avoid the IPO
avatar
4. Jai shah  Sep 16, 2018 20:03 I Like It. | Report Abuse
SEBI gives permission after taking money undertable and after 5 years they and income tax department will only say that this is bogus company and levy taxes and fines on every one who has traded and applied for ipo stating them as penny stocks. Only small investors loose money and have to suffer hardships
avatar
4.1. VIE  Sep 16, 2018 20:26 I Like It. 4 | Report Abuse
IPO Mentor IPO Mentor (500+ Posts, 500+ Likes)
Dear
IN SME IPO COMPANY WILL FILE DHP WITH EXCHANGE. SEBI WILL NOT SCRUTINISED THE OFFER DOCUMENT.ITS RESPONSIBILITY VESTED WITH EXCHANGE ONLY . KINDLY REFER ICDR REGULATION BEFORE MAKING ANY FALSE STATEMENTS.
avatar
3. IpoNewbie  Sep 14, 2018 16:53 I Like It. | Report Abuse
Revenue from our top 10 customers
constituted 62.70% and 90.88% of our net sales.

Do anyone knows the clients name here ?
avatar
2. Naveen Batra  Sep 14, 2018 12:37 I Like It. | Report Abuse
I had failed to understand that our Regulators really want to save Retail Investor or they are more concerned about making fast money.........
SME platform is run by operators and we have zero control. Earlier CCI was the best agency for IPO Pricing which and now every tom, dick & harry wants money from Market ???
Serious Problem, better Avoid such companies
avatar
1. GrowYourMoney  Sep 13, 2018 17:07 I Like It. | Report Abuse
Top Contributor Top Contributor (200+ Posts, 300+ Likes)
Big Avoid for Retail...



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