Sky Gold IPO is all set to make its debut on 18 Sept 18 with 25.56 Cr is into the business of designing, manufacturing, and marketing of gold jewelry.
Sky Gold IPO – overview
| IPO Dates | 18- 21 sept 18 |
| IPO Price | INR 180 per share |
| Fresh issue | – |
| Offer For Sale | Nil |
| Total IPO size | 1,420,000 shares (INR 25.56 crore) |
| Minimum bid (lot size) | 4000 shares |
| Face Value | INR 10 per share |
| Retail Allocation | 50% |
| Listing On | BSE Emerge |
Sky Gold IPO – Tentative Dates
| IPO Offer Opening Date | 18 Sept 2018 |
| IPO Closing Date | 21 Sept 2018 |
| Finalization of Basis of Allotment | 26 Sept 2018 |
| Initiation of refunds | 27 Sept 2018 |
| Transfer of shares to demat accounts | 28 Sept 2018 |
| IPO Listing Date | 1 Oct 2018 |
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 in 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.
Objects of the Issue
- Repayment of Loans.
- Fund Working Capital Requirement.
- General Corporate Purposes.
Company Financials
| Particulars | 31-Mar-18 | 31-Mar-17 | 31-Mar-16 |
| Total Assets | 6,624.20 | 3,696.17 | 3,486.30 |
| Total Revenue | 54,889.53 | 16,441.05 | 18,331.31 |
| Profit After Tax | 393.78 | 143.47 | 144.12 |
Company Contact Information
Sky Gold Limited
Gala no. 101, 102, 103, 1st Floor,
Raja Industrial Estate, Sarvoday Nagar,
Mulund (West), Mumbai – 400080
Phone: +91 – 22 – 2593 9399
Email: info@skygold.in
Website: http://www.skygold.in/
Sky Gold IPO Registrar
Link Intime India Private Ltd
Phone: +91-22-4918 6270
Email: skygold.ipo@linkintime.co.in
Website: https://linkintime.co.in/
Sky Gold IPO Lead Manager(s)
- Aryaman Financial Services Limited (Past IPO Performance)
Lead Manager Reports
- IPO Lead Manager Performance Summary
- IPO Lead Manager Performance Tracker
