SKP Bearing Industries Limited
Fixed Price Issue IPO · NSE
- Price band
- ₹70 - ₹70
- Lot size
- 2,000 shares
- Issue amount
- ₹30.8 cr
- Total subscription
- 10.04×
- Opens
- 30 Jun 2022
- Closes
- 5 Jul 2022
- Allotment
- 10 Jul 2022
- Listing
- 13 Jul 2022
Offer at a glance
Issue overview
- Issue size
- 44,00,000 shares
- Face value
- ₹10 Per Equity Share
- Minimum investment
- ₹1,40,000
- Fresh issue
- ₹11.2 cr
- Offer for sale
- ₹19.6 cr
- Registrar
- Bigshare Services Private Limited
- Listing exchange
- NSE
- Maximum investment
- ₹1,40,000
- Issue type
- Fixed Price Issue IPO
- Shares before issue
- 1,50,00,000
- Shares after issue
- 1,66,00,000
Lot sizes
| Category | Lots | Shares | Amount |
|---|---|---|---|
| RETAIL | 1 | 2,000 | ₹1,40,000 |
| HNI | 2 | 4,000 | ₹2,80,000 |
Share reservation
Subscription & GMP
Subscription by category
Missing multiples are calculated from bids and offered shares when available.
GMP history
Subscription demand
Amounts in ₹ crore. HNI subcategories are included in the NII total.
| Category | Offered | Demand |
|---|---|---|
| RETAIL | 14.63 | 145.1 |
| NIB | 14.63 | 149.17 |
Financial performance
Company financials
In Lakhs · Reported periods may include interim results.
Company information
Company profile
SKP Bearing Industries Limited manufactures needle rollers, cylindrical rollers, pins, and steel balls that are used in industries like textiles and automobiles across India, with exports also going to countries such as Brazil, Argentina, and the UAE. Alongside manufacturing, the company has expanded into power generation by setting up a windmill in Gujarat in 2012–2013 with a 0.80 MW capacity, and it also operates solar and wind power projects in Madhya Pradesh and Maharashtra, producing electricity with capacities ranging from 0.63 MW to 1.5 MW for various customers.
Strengths
- Comprehensive Manufacturing Under One Roof: Produces a wide range of rolling elements in a single facility, enabling stronger control over quality and cost.
- Strong Quality Assurance System: Rigorous testing and monitoring processes ensure reliability and high product performance.
- Wide & Loyal Customer Base: Long-standing client relationships support recurring business and consistent revenue growth.
- Experienced Leadership & Skilled Workforce: Industry-experienced promoters and a committed team drive efficient operations and continuous improvement.
- Expanding Products & Market Presence: Actively increasing product portfolio and reaching new regions to enhance growth opportunities.
- Efficient Production & Timely Deliveries: Well-managed operations ensure smooth output and prompt order fulfillment.
Promoters
Mr. Shrinand Kamlakar Palshikar
Ms. Sangita Shrinand Palshikar
Registrar & documents
Lead manager
Shreni Shares Limited
Registrar & contacts
Bigshare Services Private Limited
[email protected]Official registrar portal ↗IPO allotment status guide →Registered office
Survey No. 2127, Mulchand Road, Wadhwan 363 030, Surendranagar
+91 98242 31243
[email protected]Company website ↗Understanding SKP IPO data
Compare the price band and required investment with the company profile, financial results and offer documents. Subscription figures show reported demand by category; they do not establish the value of the business. GMP is an unofficial indication and can change before listing.