Saketh Exim IPO is set to make its debut on 1th Aug 18 with 9.44 Cr a company engaged in the business of manufacturing and fabricating of a wide range of steel products.
Saketh Exim IPO – overview
| IPO Dates | 1-3 Aug 18 |
| IPO Price | INR 69 per share |
| Fresh issue | – |
| Offer For Sale | Nil |
| Total IPO size | 1,368,000 shares (INR 9.44 crore) |
| Minimum bid (lot size) | 2000 shares |
| Face Value | INR 10 per share |
| Retail Allocation | 50% |
| Listing On | NSE Emerge |
Saketh Exim IPO – Tentative Dates
| IPO Offer Opening Date | 1 Aug 2018 |
| IPO Closing Date | 3 Aug 2018 |
| Finalization of Basis of Allotment | 8 Aug 2018 |
| Initiation of refunds | 9 Aug 2018 |
| Transfer of shares to demat accounts | 10 Aug 2018 |
| IPO Listing Date | 13 Aug 2018 |
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 textile products like fancy shirting and finish fabrics.
Saketh Exim has 3 manufacturing units located at Vasai.
Objects of the Issue
- The Issue comprises a Fresh Issue by the Company and an Offer for Sale by the Selling Shareholder.
- The Company will not receive any proceeds of the Offer for Sale by the Selling Shareholder.
- The objects of the Fresh Issue are to raise funds Funding Long-Term Working Capital Requirements and Funding Expenditure for General Corporate Purposes
Company Financials
| Particulars | 31-Mar-18 | 31-Mar-17 | 31-Mar-16 |
| Total Assets | 3,717.27 | 2,445.78 | 1,562.01 |
| Total Revenue | 6,199.76 | 5,140.47 | 4,672.11 |
| Profit After Tax | 107.12 | 95.55 | 77.02 |
Company Contact Information
Saketh Exim Limited
Plot No- PAP D-146/147
TTC MIDC, Turbhe,
Navi Mumbai – 400705
Phone: +91 22 2762 0641/42/43
Email: info@sakethexim.com
Website: http://www.sakethexim.com
Saketh Exim IPO Registrar
Bigshare Services Pvt Ltd
Phone: +91-22-6263 8200
Email: ipo@bigshareonline.com
Website: https://www.bigshareonline.com/
Saketh Exim IPO Lead Manager(s)
- Aryaman Financial Services Limited (Past IPO Performance)
Lead Manager Reports
- IPO Lead Manager Performance Summary
- IPO Lead Manager Performance Tracker
