SBC Exports Ltd is set to debut in the stock market with an issue size ₹6.56 Cr. SBC Exports Ltd, founded in 2011, is a Mirzapur-based trader of cushion covers, bedspreads, cotton quilts, and handcrafted carpets. Originally, the firm was renowned exclusively for trafficking in high-quality ready-made garments. Subsequently, it expanded its operations to include tour and travel, workforce supply, and information technology services. At Mirzapur, the firm also began dealing in hosiery fabrics and hosiery outfits for ladies, men, and children.
SBC Exports Ltd IPO Detail
| IPO Date | Jun 24, 2019 to Jun 26, 2019 |
| Listing Date | Jul 4, 2019 |
| Face Value | ₹10 per share |
| Price | ₹22 per share |
| Lot Size | 6000 Shares |
| Total Issue Size | 2,982,000 shares(aggregating up to ₹6.56 Cr) |
| Issue Type | Fixed Price Issue IPO |
| Listing At | BSE SME |
SBC Exports IPO Tentative Timetable
SBC Exports IPO opens on Jun 24, 2019, and closes on Jun 26, 2019.
| Event | Tentative Date |
| Opening Date | Jun 24, 2019 |
| Closing Date | Jun 26, 2019 |
| Basis of Allotment | Jul 1, 2019 |
| Initiation of Refunds | Jul 2, 2019 |
| Credit of Shares to Demat | Jul 3, 2019 |
| Listing Date | Jul 4, 2019 |
| UPI Mandate Confirmation Cut-Off Time | 5.00 PM on the issue closing day |
Company Overview
SBC Exports Ltd is a leading export company that specializes in providing quality products and services to customers worldwide. The company was founded in the early 1990s and has since grown to become a well-established player in the global market. SBC Exports Ltd focuses on exporting a wide range of products, including agricultural commodities, food and beverages, textile products, and industrial goods. The company is committed to delivering superior customer service and high-quality products at competitive prices. With a dedicated team of professionals and a vast network of suppliers and customers, SBC Exports Ltd is poised to continue its growth trajectory and expand its presence in the global marketplace.
Industry Overview
SBC Exports Ltd operates in the highly competitive global export industry. The company is involved in the export of a diverse range of products, including agricultural commodities, food and beverages, textile products, and industrial goods. The export industry is a vital part of the global economy, with businesses like SBC Exports Ltd playing a significant role in facilitating international trade. Despite facing various challenges, such as changing regulations, shifting market demand, and geopolitical tensions, the export industry continues to grow and expand. SBC Exports Ltd operates in a dynamic and fast-paced environment, which requires it to stay up-to-date with the latest market trends and adapt to changing circumstances. The company’s commitment to providing high-quality products and services, along with its robust network of suppliers and customers, positions it well for continued success in the global export industry.
Company Financials
| Particulars | For the year/period ended (in Rs. Lakhs) | |||
| 31-Dec-18 | 31-Mar-18 | 31-Mar-17 | 31-Mar-16 | |
| Total Assets | 2938.66 | 1892.70 | 925.87 | 479.55 |
| Total Revenue | 5848.51 | 6399.45 | 2865.70 | 2115.76 |
| Profit After Tax | 69.37 | 82.97 | 32.84 | 6.58 |
Objects of the Issue
The Company intends to apply the Net Funds from the Offering to the following purposes:
- To partially fund the Company’s working capital requirements;
- To fulfil general corporate objectives
- To cover the Issue’s expenditures.
Strengths
- Manufacturing units placed near the raw material source.
- Services for innovative product design.
- A diverse product line
- Quality control
- A diverse business model
Weaknesses
- Dependence on a single marke
- Limited product diversification
- Lack of brand recognition
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Company Contact Information
SBC Exports Limited
House No.-20, Lohiya Talab,Choti Basahi, P.O. Vindhyachal Mirzapur,
Uttar Pradesh-231307
Phone: 0120-2895246
Email: info@sbcel.com
Website: http://sbcexportslimited.com/
Company Registrar
Bigshare Services Pvt Ltd
Phone: +91-22-6263 8200
Email: ipo@bigshareonline.com
Website: https://www.bigshareonline.com/
