S K S Textiles Limited IPO

Add to Calendar 2018-01-09 12:00 AM 2018-01-11 12:00 AM Asia/Kolkata S K S Textiles Limited IPO S K S Textiles Limited India

S K S Textiles Limited is a dynamic leader in the area of high fashion fabrics. The company is ISO 9000:2015 certified and is engaged in textile manufacturing and trading.

Date of establishment: S K S Textiles was established in 1982.  

Product & Service Offering: S K S Textiles manufactures suiting from natural to manmade fabrics and specializes in 100% cotton, cotton blended fabrics and synthetic T/R fabrics.

Promoters of S K S Textiles Ltd.: The promoters of the firm are Mr. Sukanraj Shah, Mr. Vicky Shah, Mr. Sahil Shah and Sukanraj Bhabhutmal Shah HUF.

Customer segment: The company offers its products under its own brand names - Pierricarrlo, Cotbbelly’s and Earthen Belly for retail customers and also on outsourcing basis for other garment companies.

Objects of the Issue:

The Issue consists of a fresh issue and an offer for sale by the shareholders.

 

Offer for Sale - The selling shareholders will be entitled to the proceeds from the offer for sale.

 

Fresh Issue - The net proceeds from the fresh issue will be utilized towards the following objects:

-      Working capital requirements
-      General corporate purposes

 

Company Financials:

 

 

Particulars

For the year/period ended (in Rs. Million)

 

31-Dec-17

31-Mar-16

31-Mar-15

Total Assets

1016.076

1045.42

848.17

Total Revenue

1586.56

1477.2

1316.6

Profit After Tax (PAT)

16.01

14.24

11.11

Issue Detail

  • Issue Open: Jan 09, 2018
  • Issue Close: Jan 11, 2018
  • Issue Type: Fixed Price Issue IPO
  • Face Value: Rs 10 Per Equity Share
  • Price Band: Rs 150 Per Equity Share
  • Bid Lot:1000 Shares
  • Minimum Order Quantity:10000 Shares
  • Listing At: NSE SME
  • Issue Size: • Rs 13.32 Cr

Current Bidding Status

Number of Times Subscribed (BSE + NSE)
As on Date & Time QIB NII RII Employee Others Total
Shares Offered / Reserved 0 420,000 420,000 - 48,000 888,000
Day 1 - Jan 09, 2018IST 0 162,000 366,000 - - 528,000
Day 2 - Jan 10, 2018IST 0 166,000 1,415,000 - - 1,581,000
Day 3 - Jan 11, 2018IST 173,000 2,898,000 9,534,000 - - 12,605,000

Listing Day Trading Information

- BSE NSE
Issue Price - Rs 150.00
Open - Rs 149.90
Low - Rs 131.10
High - Rs 151.00
Last Trade - Rs 133.35
Volume - 1,084,000

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