The Saketh Exim IPO date has been confirmed from August 1, 2018 and ended on August 3, 2018. Read the post to learn about Saketh Exim IPO GMP.
Saketh Exim Developers IPO is a fixed price issue of Rs 9.44 crores. The price is ₹69 per share. The minimum lot size for an operation is 2000 Shares. The minimum amount of investment demanded by retail investors is ₹ 138,000.
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Key Details Of Saketh Exim IPO:
Bidding Dates
August 1-3
Price Range
₹69 per share
Face Value
₹10 per share
GMP
₹270.00
Saketh Exim IPO GMP
The Saketh Exim IPO GMP Today is ₹270.00.
Saketh Exim IPO Overview
Saketh Exim IPO is a fixed- price allocation worth Rs9.44 crore. Saketh Exim’s IPO bidding began on August 1, 2018, and finished on August 3, 2018. The allotment for the Saketh Exim IPO was completed on Wednesday, August 8, 2018. The shares were floated on the NSE SME on August 13, 2018. Saketh Exim’s IPO price is ₹69 per share. The Saketh Exim IPO GMP Today is ₹270.00. The minimum lot size for an operation is 2000 shares. The minimum investment for retail investors is ₹ 138,000.
The profit from operations for the fiscal times ending 2014- 15, 2015- 16, and 2016- 17 was Rs 3,748.30 lakhs, Rs 4,668.77 lakhs, and Rs 5,132.56 lakhs, singly. The company’s net profit after duty has increased by 91.07% and 24.06% during the former three times. The company has 37 workers on payroll.
| IPO Date | August 1, 2018 to August 3, 2018 |
| Listing Date | August 13, 2018 |
| Face Value | ₹10 per share |
| Price | ₹69 per share |
| Lot Size | 2000 Shares |
| Total Issue Size | 1,368,000 shares (aggregating up to ₹9.44 Cr) |
| Issue Type | Fixed Price Issue IPO |
| Listing At | NSE SME |
| Market Maker portion | 72,000 shares |
Saketh Exim Company Financials
| Particulars | For the year/period ended (in Rs. Lakhs) | |||||
|---|---|---|---|---|---|---|
| 31-Mar-18 | 31-Mar-17 | 31-Mar-16 | 31-Mar-15 | 31-Mar-14 | 31-Mar-13 | |
| Total Assets | 3,717.27 | 2,445.78 | 1,562.01 | 1,812.55 | 1,550.80 | 842.20 |
| Total Revenue | 6,199.76 | 5,140.47 | 4,672.11 | 3,749.45 | 3,321.15 | 1,930.61 |
| Profit After Tax | 107.12 | 95.55 | 77.02 | 40.31 | 13.31 | 13.87 |
Saketh Exim IPO Timeline
| IPO Open Date | Wednesday, August 1, 2018 |
| IPO Close Date | Friday, August 3, 2018 |
| Basis of Allotment | Wednesday, August 8, 2018 |
| Initiation of Refunds | Thursday, August 9, 2018 |
| Credit of Shares to Demat | Friday, August 10, 2018 |
| Listing Date | Monday, August 13, 2018 |
| Cut-off time for UPI mandate confirmation | 5 PM on August 3, 2018 |
Company Profile
Saketh Exim Limited, founded in 2010, is a Mumbai- predicated establishment that manufactures and fabricates a wide range of brand products used in Pipe Support Systems, HVAC- vibration Systems, and outfit for Industrial, Commercial, Utility, and OEM installations. The company makes engineering, substance, and base substance particulars analogous as bolts, clamps, G.I. nuts, and hangers, among others. It also offers a wide range of bathroom accessories, pipes, fittings, and sterile products. The company also trades in cloth particulars analogous as fancy shirting and finished
fabrics. Saketh Exim has three artificial shops in Vasai. For the six months ending September 30, 2017, Manufacturing generated 46.26% of the company’s profit, while Trading contributed 53.74%.
Registrar Info
| Name | Bigshare Services Pvt Ltd |
| Phone number | +91-22-6263 8200 |
| Email ID | [email protected] |
| Website | ipo.bigshareonline.com |
Contact Details
| Name | Saketh Exim Limited |
| Phone number | +91 22 2762 0641/42/43 |
| Email ID | [email protected] |
| Website | tembo.in |
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.
Saketh Exim IPO FAQs
When Saketh Exim IPO will open?
The Saketh Exim IPO opens on August 1, 2018 and closes on August 3, 2018.
What is the lot size of Saketh Exim IPO?
Saketh Exim IPO lot size is 2000 Shares, and the minimum amount required is ₹138,000.
When is Saketh Exim IPO allotment?
The finalization of Basis of Allotment for Saketh Exim IPO will be done on Wednesday, August 8, 2018, and the allotted shares will be credited to your demat account by Friday, August 10, 2018.
When is Saketh Exim IPO listing date?
The Saketh Exim IPO listing date is on August 13, 2018.
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