SKP Bearing Industries Limited IPO
NSE SME₹140,000 / 2000 Shares
SKP Bearing Industries Limited IPO Details
The SKP Bearing Industries Limited IPO price band is set between ₹70 per equity share, with a face value of ₹10 per share. The issue is managed by Bigshare Services Pvt Ltd, and the equity shares are proposed to be listed on the NSE SME.
The IPO date for subscription opens on 30 Jun, 2022 and closes on 5 Jul, 2022. Investors can check the allotment status on 10 Jul, 2022, while the listing date is tentatively scheduled for 13 Jul, 2022.
The total issue size is 4,400,000 shares of ₹10, aggregating up to ₹30.80 Cr. Stay tuned for the latest SKP Bearing Industries Limited IPO review and GMP updates.
SKP Bearing Industries Limited IPO Review, Rating & Analysis
SKP Bearing Industries Limited IPO Review
NO REVIEWSKP Bearing Industries Limited IPO Rating
SKP Bearing Industries Limited IPO Highlights
IPO Date
Jun 30, 2022 - Jul 5, 2022
Listing Date
13 Jul, 2022
Face Value
₹10 Per Equity Share
Price Band
₹70 per equity share
Lot Size
-
Fresh Issue
Shares
Offer for Sale
-
Listing At
NSE SME
SKP Bearing Industries Limited IPO Lot Size
The minimum market lot for SKP Bearing Industries Limited IPO is 2000 shares with an application amount of ₹1,40,000. Retail investors can apply for up to 1 lots. The table below details the minimum and maximum investment limits for Retail and HNI investors.
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (Min) | 1 | 2000 | ₹1,40,000 |
| Retail (Max) | 1 | 2000 | ₹1,40,000 |
| S-HNI (Min) | 2 | 4000 | ₹2,80,000 |
| S-HNI (Max) | 7 | 14000 | ₹9,80,000 |
| B-HNI (Min) | 8 | 16000 | ₹11,20,000 |
SKP Bearing Industries Limited IPO Timeline
Issue Price
₹70 per equity shareFace Value
₹10 Per Equity ShareListing at Group
NSE SMERegistrar
Bigshare Services Pvt LtdLead Manager
SHRENI SHARES PRIVATE LIMITEDIssue Size
4,400,000 shares of ₹10(aggregating up to ₹30.80 Cr)SKP Bearing Industries Limited IPO Financial Information
| Period Ended | Assets | Revenue | Profit After Tax | Net Worth | Reserves and Surplus | Total Borrowing |
|---|---|---|---|---|---|---|
| 5 Jan 22 | 50.78 | 34.44 | 9.40 | - | - | - |
| 31 Mar 21 | 52.81 | 37.09 | 7.45 | - | - | - |
| 31 Mar 20 | 54.48 | 32.58 | 8.12 | - | - | - |
| 31 Mar 19 | 43.58 | 40.82 | 9.92 | - | - | - |
All values are in ₹ Cr.
Promoters & Share Holding
Promoter(s) Name
- Mr. Shrinand Kamlakar Palshikar
- Ms. Sangita Shrinand Palshikar
| Share Holding Pre Issue | Share Holding Post Issue |
|---|---|
| 100% | 73.49% |
About Company
SKP Bearing Industries Limited manufactures needle rollers, cylindrical rollers, pins, and steel balls. The company supplies its products to diverse industries such as textiles, automobiles, etc. across India. The company also exports rolling elements to international customers in Brazil, Argentina, UAE, etc.SKP Bearing Industries Limited has also ventured into the power generation business by installing a windmill in the year 2012-2013 at Survey No. 646, vill: Seth Vadala, Taluka: Jamjodhpur, Jamnagar Forest Division, Gujarat with a commissioned capacity of 0.80 MW.The company also has a solar plant situated at Survey No. 25/M., Village Rojhana, Teh: Baroda, Dist.: Agar, Madhya Pradesh, and other windmills situated at Survey No. 143/2, Village: Jamuniameena, P.H.N.-52, Mandsaur, Madhya Pradesh, and Village Rautwadi, Tal. Koregaon, District Satara, Maharashtra with a commissioned capacity of 0.63MW, 1.5 MW and 0.80 MW respectively for the generation and sale of power and electricity to various customers.
SKP Bearing Industries Limited IPO Subscription Details
| As on | QIB/NII | Retail | Total |
|---|---|---|---|
| Shares Offered / Reserved | 2,090,000 | 2,090,000 | 4,180,000 |
Day 1 -30-06-22 06:00 PM | 1.49 x | 0.54 x | 1.02 x |
Day 2 -01-07-22 06:00 PM | 1.53 x | 1.22 x | 1.38 x |
Day 3 -04-07-22 06:00 PM | 1.72 x | 2.82 x | 2.27 x |
Day 4 -05-07-22 06:00 PM | 10.20 x | 9.92 x | 10.06 x |
Frequently Asked Questions about SKP Bearing Industries Limited IPO IPO
When will SKP Bearing Industries Limited IPO open for subscription?
The SKP Bearing Industries Limited IPO opens on 30 Jun, 2022 and closes on 5 Jul, 2022.
What is the investors portion for SKP Bearing Industries Limited IPO?
The investors' portion for QIB is , NII is N/A, and Retail is 2090000.
How to apply for SKP Bearing Industries Limited IPO?
You can apply for SKP Bearing Industries Limited IPO via ASBA online through your bank account. You can also apply via UPI through stock brokers like Zerodha, Upstox, or Paytm Money.
What is the issue size of SKP Bearing Industries Limited IPO?
The issue size of SKP Bearing Industries Limited IPO is approx ₹4,400,000 shares of ₹10(aggregating up to ₹30.80 Cr) crores.
What is the price band of SKP Bearing Industries Limited IPO?
The price band for SKP Bearing Industries Limited IPO is ₹70 per equity share to ₹undefined.
What is the lot size of SKP Bearing Industries Limited IPO?
The minimum bid (lot size) for SKP Bearing Industries Limited IPO is N/A shares with an investment of approx ₹140,000 .
What is the allotment date of SKP Bearing Industries Limited IPO?
The allotment date for SKP Bearing Industries Limited IPO is 10 Jul, 2022.
What is the listing date of SKP Bearing Industries Limited IPO?
The listing date for SKP Bearing Industries Limited IPO is expected to be 13 Jul, 2022.
What is the GMP of SKP Bearing Industries Limited IPO?
The latest Grey Market Premium (GMP) for SKP Bearing Industries Limited IPO is being updated regularly on IPOROCK.
Parth D.
Founder & Lead Analyst
Parth D. is a software engineer and financial analyst who brings a quantitative edge to IPO tracking. With deep expertise in algorithmic trading and financial tool development, he builds the technology that powers IPORock's real-time data engines. He has been tracking the Indian market since 2018.