The SKS Textiles IPO date has been confirmed from January 9, 2018 and ended on January 11, 2018. Read the post to learn about SKS Textiles IPO GMP.
Using an IPO, SKS Textiles is seeking to raise Rs 13.32 crores. Its price is ₹150 per share. The minimum lot size for an application is 1000 Shares. The minimum amount of investment required by retail investors is ₹150,000.
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Key Details Of SKS Textiles
Bidding Dates
January 9-11
Price Range
₹150 per share
Face Value
₹10 per share
GMP
₹13.85
SKS Textiles IPO GMP
The SKS Textiles Limited IPO GMP Today is ₹13.85.
SKS Textiles IPO Overview
The SKS Textiles IPO has a fixed price of Rs 13.32 crores. The offering consists of a fresh issue of 4.38 lakh shares worth Rs 6.57 crores and an offer for sale of 4.5 lakh shares worth Rs 6.75 crores. Bidding for SKS Textiles initial public offering (IPO) began on January 9, 2018 and finished on January 11, 2018. On January 19, 2018, the shares were listed on the NSE SME. The IPO price for SKS Textiles is ₹150 per share. The SKS Textiles Limited IPO GMP Today is ₹13.85.
A lot size of 1000 shares is required for an application. Retail investors must make a minimum investment of ₹150,000 to participate. SKS Textiles manufacturing plant is at Sonale, Bhiwandi, Maharashtra. In Maharashtra, the company also has a Packing and Storage business in Kalher, Bhiwandi.
SKS Textiles IPO Details
| IPO Date | January 9, 2018 to January 11, 2018 |
| Listing Date | January 19, 2018 |
| Face Value | ₹10 per share |
| Price | ₹150 per share |
| Lot Size | 1000 Shares |
| Total Issue Size | 888,000 shares (aggregating up to ₹13.32 Cr) |
| Fresh Issue | 438,000 shares (aggregating up to ₹6.57 Cr) |
| Offer for Sale | 450,000 shares of ₹10 (aggregating up to ₹6.75 Cr) |
| Issue Type | Fixed Price Issue IPO |
| Listing At | NSE SME |
| Market Maker portion | 48,000 shares |
SKS Textiles IPO Lot Size
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (Min) | 1 | 1000 | ₹150,000 |
| Retail (Max) | 1 | 1000 | ₹150,000 |
SKS Textiles IPO Listing Details
| Listing Date | January 19, 2018 |
| BSE Script Code | |
| NSE Symbol | SKSTEXTILE |
| ISIN | INE507Y01016 |
| Final Issue Price | ₹150 per share |
Company Profile
S K S Textiles Limited, founded in 1997, is a Mumbai-based ISO 9000:2015 certified textile manufacturing and trading company. SKS Textiles manufactures grey textiles and finished fabrics for shirting, suiting, and other accessories for its own brand as well as for other fabric / garment companies on an outsourced basis. Under the brand names Pierricarrlo, Cotbbelly s, and Earthen Belly, the company manufactures various fabrics such as 100% Cotton – Lycra and Non-Lycra, Blended Cotton Suiting Chief Value Cotton, Polyester Cotton, 100% Cotton Yarn Dyed,
Polyester Viscose, Terry Rayon Suiting, and Mock Linen. Corporate orders for Finished Fabrics and Grey Fabrics are also taken on by the company for corporate names like as Raymond, Arvind, Siyaram s, Digjam Limited, and others.
Registrar Info
| Name | Sharex Dynamic (India) Pvt Ltd |
| Phone number | +91- 22 – 2851 5606 |
| Email ID | [email protected] |
| Website | — |
Contact Details
| Name | S K S Textiles Limited |
| Phone number | 022 6120 6222 |
| Email ID | [email protected] |
| Website | groupsks.com |
IPO Strengths
- Experienced promoters and a competent management team.
- Well-established relationships with a loyal customer base.
- Access to markets worldwide, enabling global reach.
IPO Weakness
- Heavy reliance on customers based in the United States.
- Need to adhere to multiple laws and regulations in these countries to ensure compliance.
- Competition from other players in the market.
SKS Textiles IPO FAQs
When SKS Textiles IPO will open?
The SKS Textiles IPO opens on January 9, 2018 and closes on January 11, 2018.
What is the lot size of SKS Textiles IPO?
SKS Textiles IPO lot size is 1000 Shares, and the minimum amount required is ₹150,000.
When is SKS Textiles IPO listing date?
The SKS Textiles IPO listing date is on January 19, 2018.
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