Saketh Exim IPO

Saketh Exim IPOBusiness description - Saketh Exim manufactures and fabricates various steel products which are meant for applications in Pipe Support Systems, HVAC Systems, Anti-vibration System and Equipments for Industrial, Commercial, Utility and OEM Installations. The company manufactures various engineering products, metal and base metal products like G. I. nuts, various types of bolts, clamps, hangers etc. Further, its Product Portfolio includes all types of bathroom pipes, fittings, bathroom accessories and sanitary wares.

For financial year ended 31 March 2018, the company generated 61.22% of its sales from Manufacturing segment while the Trading segment contributed 38.78%. The company has 3 manufacturing units located at Vasai. These manufacturing units are strategically located providing locational advantages.

Promoters of Saketh Exim – Mr Sanjay J Patel, Mrs Smita S Patel, Mrs Taruna P Patel and Mrs Fatema S Kachwala
Saketh Exim IPO details
Subscription Dates 1 - 3 August 2018
IPO Price band INR69 per share
Fresh issue 11,123,000 shares (INR7.75 crore)
Offer for sale 245,000 shares (INR1.69 crore)
Total IPO size 1,368,000 shares (INR9.44 crore)
Minimum bid (lot size) 2,000 shares
Face Value  INR10 per share
Retail Allocation 50%
Listing On NSE Emerge SME platform
Use of funds
  • Long Term Working Capital Requirements - INR7.30 crore
  • General Corporate Purpose - INR0.03 crore
  • Issue Expenses - INR0.42 crore
Saketh Exim's financial performance (in INR crore)
FY2014 FY2015 FY2016 FY2017 FY2018
Total revenue 33.2 37.5 46.7 51.4 62.0
Total expenses 33.0 36.9 45.6 50.0 60.4
Profit after tax 0.1 0.4 0.8 1.0 1.1
Saketh Exim's Contact Details

Saketh Exim Limited
Plot No- PAP D-146/147
TTC MIDC, Turbhe
Navi Mumbai - 400 705

Phone: +91 22 2762 0641
Email: [email protected]
Website: www.sakethexim.com

Saketh Exim Supershakti Metaliks IPO Subscription Details
Day Subscription (no. of times)
Day 1 0.59
Day 2 1.00
Day 3 1.24

 

Saketh Exim Valuation (For latest FY)

Earnings Per Share (EPS): INR2.96

Price/Earnings (P/E) ratio: 23.33

Return on Net Worth (RONW): 14.63%

Net Asset Value (NAV): INR18.78 per share

Registrar of Saketh Exim IPO

Bigshare Services Private Limited 
E2, Ansa Industrial Estate, Sakivihar Road,
Sakinaka, Andheri (E)
Mumbai – 400 072

Phone: +91 22 4043 0200 
Fax: 
+91 22 2847 5201
Email:
 [email protected]
Website: www.bigshareonline.com

Saketh Exim IPO Allotment Status

Saketh Exim IPO allotment status is now available on Bigshare Services' website. Click on this link to get allotment status.

Listing performance of Saketh Exim

IPO Opening Date: 1 August 2018

IPO Closing Date: 3 August 2018

Finalisation of Basis of Allotment: 8 August 2018

Initiation of refunds: 9 August 2018

Transfer of shares to demat accounts: 10 August 2018

Listing Date: 13 August 2018

Listing Price on NSE SME: INR69.3 per share (up 0.43% from IPO price)

Closing Price on NSE SME: To be updated

Saketh Exim IPO
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