PS www.ProStocks.com
|
|
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 Rs 9,624.74 lakhs to Rs 54,886.27 lakhs at a CAGR of 41.65%.
- EBITDA grew from Rs 359.85
lakhs to Rs 769.71 lakhs at a CAGR of 16.42%.
-PAT grew from Rs 63.59 lakhs to Rs 262.64 lakhs at a CAGR of 32.80%.
The company has 40 employees on its payroll.
| IPO Date | Sep 18, 2018 to Sep 21, 2018 |
| Listing Date | Oct 4, 2018 |
| Face Value | ₹10 per share |
| Price | ₹180 per share |
| Lot Size | |
| Total Issue Size | 1,420,000 shares (aggregating up to ₹25.56 Cr) |
| Issue Type | Fixed Price Issue IPO |
| Listing At | BSE SME |
| Other Shares Offered | 674,000 (50.00%) |
| Retail Shares Offered | 674,000 (50.00%) |
| Market Maker portion | 72,000 shares |
| Total Shares Offered | 1,348,000 |
Sky Gold IPO opens on Sep 18, 2018, and closes on Sep 21, 2018.
| Event | Tentative Date |
|---|---|
| Opening Date | Sep 18, 2018 |
| Closing Date | Sep 21, 2018 |
| Basis of Allotment | Sep 26, 2018 |
| Initiation of Refunds | Sep 27, 2018 |
| Credit of Shares to Demat | Sep 28, 2018 |
| Listing Date | Oct 1, 2018 |
| UPI Mandate Confirmation Cut-Off Time | 5.00 PM on the issue closing day |
| 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 | |
The Objects of the Issue are-
(a) Repayment of Loans;
(b) Fund Working Capital Requirement;
(c) General Corporate Purposes.
[Dilip Davda]
Currently sentiment for jewellery sector is very weak. Company’s financial too are not that appealing except FY18 which raised IPO with superb earnings in pre-IPO year. Pricing of the issue is very aggressive and major chunk of fund is going for repayment of loans from promoters. There is no harm in giving this issue a miss.
Read detail review...The Sky Gold IPO is subscribed 1.08 times on Sep 21, 2018 6:49:03 PM. The public issue subscribed 0.94 times in the retail category, times in the QIB category, and 1.23 times in the NII category. Check Day by Day Subscription Details (Live Status)
| Category | Subscription (times) |
|---|---|
| Other | 1.23 |
| Retail | 0.94 |
| Total | 1.08 |
| Listing Date | Oct 4, 2018 |
| BSE Script Code | 541967 |
| NSE Symbol | SKYGOLD |
| ISIN | INE01IU01018 |
| Final Issue Price | ₹180 per share |
| Price Details |
|---|
| Final Issue Price |
| Open |
| Low |
| High |
| Last Trade |
| BSE SME |
|---|
| ₹180.00 |
| ₹181.00 |
| ₹180.25 |
| ₹181.00 |
| ₹180.45 |
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/
Link Intime India Private Ltd
Phone: +91-22-4918 6270
Email: skygold.ipo@linkintime.co.in
Website: https://linkintime.co.in/
Are you an SME company looking for an IPO to raise funds and get listed in the stock market? We can help. Contact us today... SME IPO Enquiry Form
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 is priced at ₹180 per share. The minimum order quantity is .
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.
The Sky Gold IPO opens on Sep 18, 2018 and closes on Sep 21, 2018.
Sky Gold IPO lot size and the minimum order quantity is not available at this time. Please check again later.
You can apply in Sky Gold 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 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.
Useful Articles
FREE Account Opening (₹0)
FREE Intraday Trading (Eq, F&O)
30 days brokerage free trading
Free - Relationship Manager
Free - Classroom Training
|
|
RHP
Avoid the IPO