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SKP Bearing Industries IPO IPO

SME30 Jun to 5 Jul, 202230 Jun to 5 Jul, 2022
Open
30 Jun to 5 Jul, 2022
Close
30 Jun to 5 Jul, 2022
3
Allotment
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

13-07-20225Est. ₹75+7.14%
30-06-20220Est. ₹70+1%

Live Subscription

CategorySubscription (times)
Total8.56x

Restated Financials (₹ Cr.)

Period Ended05 Jan 202231 Mar 202131 Mar 202031 Mar 2019
Assets50.7952.8154.4943.58
Total Income34.4437.0932.5840.81
Profit After Tax9.407.468.129.93
NET Worth41.3045.8039.1430.87
Amount in ₹ Crore

Objects of the Issue

#Issue ObjectsEst Amt (₹ Cr.)
1Funding working capital requirements8.71
2General Corporate Purposes2.24

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