Sky Gold Ltd. IPO
IPO Timeline
Category-wise Subscription
| Category | Sub (x) | Offered | Bid For | Amt (Cr)* |
|---|---|---|---|---|
| NII (HNI) | — | 673,600 (47%) | — | ₹1,212 Cr |
| Retail | — | 673,600 (47%) | — | ₹1,212 Cr |
| Market Maker | — | 72,800 (5%) | — | ₹13 Cr |
| Σ Total | — | 1,420,000 (100%) | — | ₹25,560 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)
Lot size or price band not yet announced.
Financial Statements Amount in Rs Cr
| Metric | 31-Mar-18 | 31-Mar-17 | 31-Mar-16 |
|---|---|---|---|
| Revenue | 54,890 | 16,441 | 18,331 |
| Profit After Tax | 394 | 143 | 144 |
| Total Assets | 6,624 | 3,696 | 3,486 |
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 Repayment of Loans – 14.80
- 2 Funding Working Capital Requirement – 7.28
- 3 Expenditure for General Corporate Purposes – 2.80
Company Overview
Incorporated in 2008, Mumbai based Sky Gold Limited is a business engaged in the business of designing, manufacturing, and marketing of Gold jewelry.
The company operates from a 2,740 sq. ft. sole manufacturing facility located in Mulund, Mumbai. The facility is used to make casting based jewelry using rubber dye, wax molds, and machines. It has its central sales offices at Mumbai. In addition, the company has also set-up sales offices in Kerala and Telangana to cater to the Southern regions of India.
Sky Gold has recently started export operations handled by its Mumbai sales office.
Between 2013-14 and 2017-18-
-Total revenue grew from Rs 9,624.74 lakhs to Rs 54,886.27 lakhs at a CAGR of 41.65%.
- EBITDA grew from Rs 359.85
lakhs to Rs 769.71 lakhs at a CAGR of 16.42%.
-PAT grew from Rs 63.59 lakhs to Rs 262.64 lakhs at a CAGR of 32.80%.
The company has 40 employees on its payroll.