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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

IPO DateSep 18, 2018 - Sep 21, 2018
Issue TypeFixed Price Issue IPO
Issue Size1,420,000 Eq Shares of ₹10
(aggregating up to ₹25.56 Cr)
Face Value₹10 Per Equity Share
IPO Price₹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 AcctSep 28, 2018
IPO Shares Listing DateOct 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
IPO Price₹180 Per Equity Share
Face Value₹10 Per Equity Share

Listing Day Trading Information

.
IPO Price
Open
Low
High
Last Trade
Volume
BSE SME
₹180.00
₹181.00
₹180.25
₹181.00
₹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

Sky Gold IPO FAQs

  1. 1. What is Sky Gold IPO?

    Sky Gold IPO is a SME IPO of 1,420,000 equity shares of the face value of ₹10 aggregating up to ₹25.56 Crores.

    The issue price of the IPO is ₹180 Per Equity Share. The minimum order quantity is per application and the offer type is Fixed Price Issue.

    The IPO opens on Sep 18, 2018 and closes on Sep 21, 2018.

    Link Intime India Private Ltd is the registrar for the IPO. The shares are proposed to be listed on BSE SME.

  2. 2. When Sky Gold IPO will open?

    The Sky Gold IPO opens on Sep 18, 2018 and closes on Sep 21, 2018.

  3. 3. How to apply for Sky Gold IPO?

    Sky Gold IPO application can be done through banks using ASBA online or through stock brokers trading account using UPI. All popular banks i.e. HDFC, ICICI, and SBI offer online IPO applications. An investor can also apply directly through their broker (i.e. Zerodha, Sharekhan) using UPI as a payment method.

  4. 4. When Sky Gold IPO allotment?

    The finalization of Basis of Allotment for Sky Gold IPO will be done on Sep 26, 2018, and the allotted shares will be credited to your demat account by Sep 28, 2018. Check the Sky Gold IPO allotment status.

  5. 5. When is Sky Gold IPO listing date?

    The Sky Gold IPO listing date is on Thursday, October 4, 2018, at BSE SME.
  6. 6. What is the lot size of Sky Gold IPO?

    Sky Gold IPO lot size and the minimum order quantity is not available at this time. Please check again later.

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Sky Gold IPO Review / Comments

GrowYourMoney
5. GrowYourMoney  Sep 17, 2018 23:25
Top Contributor Top Contributor (200+ Posts, 300+ Likes)
Never Ever get trapped...
Avoid the IPO
Jai shah
4. Jai shah  Sep 16, 2018 21:03
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
VIE
4.1. VIE  Sep 16, 2018 21:26
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.
IpoNewbie
3. IpoNewbie  Sep 14, 2018 17:53
Revenue from our top 10 customers
constituted 62.70% and 90.88% of our net sales.

Do anyone knows the clients name here ?
Naveen Batra
2. Naveen Batra  Sep 14, 2018 13:37
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
GrowYourMoney
1. GrowYourMoney  Sep 13, 2018 18:07
Top Contributor Top Contributor (200+ Posts, 300+ Likes)
Big Avoid for Retail...



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