SKP Bearing Industries IPO Details

SKP Bearing Industries IPO subscription is to open on 30 June 2022 and will close on 05 July 2022, the price band of the SKP Bearing Industries IPO is fixed at ₹ 70. SSKP Bearing Industries are manufacturer of needle rollers, cylindrical rollers, pins, and steel balls. Check the SKP Bearing Industries Subscription Status & Allotment Status.

About SKP Bearing Industries

SKP Bearing Industries are manufacturer of needle rollers, cylindrical rollers, pins, and steel balls (“Rolling Elements”) and is one of the players in the list of finished roller manufacturers in India. Over the years SKP Bearing Industries has developed expertise and upgraded the technology by adding several automatic and imported machineries and equipment to the plant, which has helped us boost the production capacity and the quality of the products.

Objects of the Issue

  • Funding working capital requirements; and
  • General corporate purposes.

SKP Bearing Industries Limited Financials:

Summary of financial Information (Restated Consolidated Statement)

Particulars For the year ended (₹ in lakh)
  31-Mar-21 31-Mar-20 31-Mar-19
Total Assets 5,281.07 5,448.70 4,358.36
Total income 3,709.29 3,258.18 4,081.15
Total Expenses 2,660.77 2,156.94 2,712.45
Profit After Tax 745.60 812.47 992.64

SKP Bearing Industries IPO Price – Details

DescriptionDetails
Public IssueInitial Public Issue of upto 44,00,000 Equity Shares of ₹ 10 (aggregating up to ₹ 3,080 lakhs)
Issue Open  Date30-Jun-22
Issue Close Date05-Jul-22
Issue TypeFixed Price
IPO Price Band₹ 70
Face Value ₹ 10
Market Lot 2000 Equity Shares and in multiples thereof
Minimum Order Quantity 2000 Equity Shares
Maximum Subscription Amount for Retail InvestorRs. 2,00,000
Listing NSE SME
NSE SymbolSKP
IPO Market Timings 10.00 a.m. to 5.00 p.m.

SKP Bearing IPO DRHP & RHP

SKP Bearing Industries IPO DRHP
SKP Bearing Industries IPO RHP

SKP Bearing IPO Lot Size

ApplicationLotsNo of SharesAmount (Rs)
Minimum12000        1,40,000
Maximum12000        1,40,000

SKP Bearing IPO Lead Managers

  • Shreni Shares Private Limited

SKP Bearing IPO Registrar

  • Bigshare Services Private Limited

SKP Bearing IPO Allotment Date, Listing Date and other Important Dates

DetailsDate
Bid / Offer Opens on30-Jun-22
Bid / Offer Closes on05-Jul-22
Finalisation of Basis of Allotment08-Jul-22
Initiation of refunds 11-Jul-22
Credit of the Equity Shares12-Jul-22
Listing Date13-Jul-22

Company Registered Office

Survey No. 2127,
Mulchand Road,
Wadhwan – 363 030,
Surendranagar, Gujarat, India
Website: www.skpbearings.com

Company Promoters

  • Mr.Shrinand Kamlakar Palshikar and
  • Ms.Sangita Shrinand Palshikar

SKP Bearing IPO – FAQS

What is the SKP Bearing IPO Price?

The SKP Bearing IPO price band is 70 per share

When SKP Bearing IPO will open?

The SKP Bearing Industries IPO opens on Jun 30, 2022 and closes on Jul 05, 2022

What is the lot size of SKP Bearing Industries IPO?

The SKP Bearing Industries IPO lot size is 2000 Equity Shares and the minimum order quantity is 2000 Equity Shares

Who is the Registrar for SKP Bearing Industries IPO?

The Registrar for SKP Bearing Industries IPO is Bigshare Services Private Limited

How to apply in SKP Bearing Industries IPO through UPI?

Check the step by step process here – Click here

How to apply in SKP Bearing Industries IPO through Zerodha?

Check the step by step process here – Click here

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