
✓
Open
30 Jun to 5 Jul, 2022
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Close
30 Jun to 5 Jul, 2022
3
Allotment
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Listing
Wed, Jul 13, 2022
Price Band
₹70 per share
Issue Size
44,00,000 shares (agg. up to ₹31 Cr)
Lot Size
2,000 Shares
Listing Date
Wed, Jul 13, 2022
Latest GMP
₹5
Est. Gain
7.14%
✦ AI Insight
GMP Trend
13-07-2022₹5Est. ₹75+7.14%
30-06-2022₹0Est. ₹70+1%
Live Subscription
| Category | Subscription (times) |
|---|---|
| Total | 8.56x |
Restated Financials (₹ Cr.)
| Period Ended | 05 Jan 2022 | 31 Mar 2021 | 31 Mar 2020 | 31 Mar 2019 |
|---|---|---|---|---|
| Assets | 50.79 | 52.81 | 54.49 | 43.58 |
| Total Income | 34.44 | 37.09 | 32.58 | 40.81 |
| Profit After Tax | 9.40 | 7.46 | 8.12 | 9.93 |
| NET Worth | 41.30 | 45.80 | 39.14 | 30.87 |
| Amount in ₹ Crore |
Objects of the Issue
| # | Issue Objects | Est Amt (₹ Cr.) |
|---|---|---|
| 1 | Funding working capital requirements | 8.71 |
| 2 | General Corporate Purposes | 2.24 |
About SKP Bearing Industries IPO
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. Competitive Strengths: One of the players in manufacturing of multiple rolling elements in India under single roof. Quality Assurance and Quality Control of the products. Wide an
Contact Details
SKP Bearing Industries Ltd. AddressSurvey No.2127Mulchand RoadSurendranagarWadhwan, Gujarat, 363030+91 98242 31243info@skpbearings.comVisit Website