SK International Export Ltd. IPO
IPO Timeline
Category-wise Subscription
| Category | Sub (x) | Offered | Bid For | Amt (Cr)* |
|---|---|---|---|---|
| NII (HNI) | — | 936,000 (47%) | — | ₹187 Cr |
| Retail | — | 942,000 (48%) | — | ₹188 Cr |
| Market Maker | — | 102,000 (5%) | — | ₹2 Cr |
| Σ Total | — | 1,980,000 (100%) | — | ₹3,960 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 | 6,000 | ₹120,000 |
| Retail (Max) | 13 | 78,000 | ₹1,560,000 |
| S-HNI (Min) | 14 | 84,000 | ₹1,680,000 |
| B-HNI (Min) | 67 | 402,000 | ₹8,040,000 |
Financial Statements Amount in Lakhs
| Metric | 31-Jan-19 | 12-Sep-18 | 31-Mar-18 |
|---|---|---|---|
| Revenue | 379 | 422 | 844 |
| Profit After Tax | 18 | 21 | 153 |
| Total Assets | 678 | 645 | 615 |
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 To meet Working Capital Requirement – 3.01
- 2 General Corporate Purposes – 0.70
Company Overview
Incorporated in 1991, Mumbai based SK International Export Limited is a manufacturer and exporter of beachwear and scarves. The company has both domestic and international presence (mainly in European countries such as the UK, US, Netherlands, Germany, Spain, and France). The product range of SK International includes headband, sarongs, shawls, scarves, bandanas and beachwear garments (of polyester, viscose, silk, wool and other qualities) for men and women.
Under Sand Kastle brand name, the company offers fashion accessories, holiday and beachwear wear garments for kids segment as well. The raw material for manufacturing garments with a variety of trims and fabrics is sourced from all over India. The company has its own design team to bring new finishes, fits and styles. Other production facilities such as finishing, ironing, cutting, packing, sewing and quality control are also maintained by the company itself.
Most of the products of the company are manufactured in an in-house factory located at Virar (Palghar). The company works on make to order basis for fashion forecast from big brands in domestic and international markets.
Apart from this, the company also offers ethnic wears such as salwar kameez & dupattas for the domestic markets.
The competitive strengths of the company are:
1. Quality focused products
2. Strong relationships with customers and suppliers
3. Customer focused business model