Saketh Exim Ltd. IPO
IPO Timeline
Category-wise Subscription
| Category | Sub (x) | Offered | Bid For | Amt (Cr)* |
|---|---|---|---|---|
| NII (HNI) | — | 648,000 (47%) | — | ₹447 Cr |
| Retail | — | 648,000 (47%) | — | ₹447 Cr |
| Market Maker | — | 72,000 (5%) | — | ₹5 Cr |
| Σ Total | — | 1,368,000 (100%) | — | ₹9,439 Cr |
Only available investor categories are shown. Amount is auto-calculated when shares offered and issue price are available.
Issue Details
Minimum Investment (Lot-wise)
| Category | Lots | Shares | Amount (₹) |
|---|---|---|---|
| Retail (Min) | 1 | 2,000 | ₹138,000 |
| Retail (Max) | 13 | 26,000 | ₹1,794,000 |
| S-HNI (Min) | 14 | 28,000 | ₹1,932,000 |
| B-HNI (Min) | 67 | 134,000 | ₹9,246,000 |
Financial Statements Amount in Lakhs
| Metric | 31-Mar-18 | 31-Mar-17 | 31-Mar-16 |
|---|---|---|---|
| Revenue | 6,200 | 5,140 | 4,672 |
| Profit After Tax | 107 | 96 | 77 |
| Total Assets | 3,717 | 2,446 | 1,562 |
Valuation & Key Ratios
Grey Market Premium (GMP)
GMP is an unofficial grey market indicator and does not guarantee actual listing price. Invest at your own risk.
Objects of the Issue
- 1 Funding Long Term Working Capital Requirements – 7.30
- 2 Funding Expenditure for General Corporate Purposes – 0.03
Company Overview
Incorporated in 2010, Mumbai based Saketh Exim Limited is a company engaged in the business of manufacturing and fabricating of a wide range of steel products used in Pipe Support Systems, HVAC Systems, Anti-vibration System and Equipment for Industrial, Commercial, Utility and OEM Installations.
The company manufactures engineering products, metal and base metal products like bolts, clamps, G. I. nuts and hangers etc. Its product portfolio also includes all types of bathroom accessories, bathroom pipes, fittings and sanitary wares.
The Company is also engaged in trading of textile products like fancy shirtings and finish fabrics.
Saketh Exim has 3 manufacturing units located at Vasai.
For six months period ending September 30, 2017, Manufacturing contributed 46.26% while Trading contributed 53.74% to the revenue of the company.
The revenue from operations for the financial year ending 2014-15, 2015-16 and 2016-17 are Rs 3,748.30 lakhs, Rs
4,668.77 lakhs and Rs 5,132.56 lakhs respectively.
The Net profit after tax for the company shows an increase of 91.07% and 24.06% respectively over the 3 years.
The company has 37 employees on its payroll.