SKP Bearing IPO description – The company is a manufacturer of needle rollers, cylindrical rollers, pins and steel balls (together called Rolling Elements). The company supplies these rolling elements across India to reputed bearing manufactures and OEMs in domestic market in diverse industries such as textile, automobile, etc. It also exports rolling elements to international customers in Brazil, Argentina, UAE, etc.
Over the years, SKP Bearings has also ventured into power generation business by installing wind mill in year 2012-2013 at Survey No. 646, vill: Seth Vadala, Jamjodhpur, Jamnagar Forest Division, Gujarat with a commissioned capacity of 0.80 MW and is currently used for its captive consumption. It also has solar plant situated at Survey No. 25/M., Rojhana, Agar, Madhya Pradesh, and other wind mills situated at Survey No. 143/2, Jamuniameena, Mandsaur, Madhya Pradesh, and Village Rautwadi, Tal. Koregaon, District Satara, Maharashtra with a commissioned capacity of 0.63MW, 1.5 MW and 0.80 MW respectively for generation and sale of power and electricity to various customers.
Its manufacturing facility is located at Wadhwan, Surendranagar, Gujarat having a total area of approximately 16,160sq. mtrs. The facility has machineries installed for production of rollers for 600 million pcs, and manufacturing of balls for 480 tons.
Promoters of SKP Bearing – Mr Shrinand Kamlakar Palshikar and Ms Sangita Shrinand Palshikar
SKP Bearing IPO Details
| Subscription Dates | 30 June – 5 July 2022 |
| Price Band | INR70 per share |
| Fresh issue | 16,00,000 shares (INR11.20 crore) |
| Offer For Sale | 28,00,000 shares (INR19.60 crore) |
| Total IPO size | 44,00,000 shares (INR30.80 crore) |
| Minimum bid (lot size) | 2,000 shares |
| Face Value | INR10 per share |
| Retail Allocation | 50% |
| Listing On | NSE Emerge |
SKP Bearing Financial Performance
| FY2019 | FY2020 | FY2021 | As at 5 Jan 2022 | |
| Revenue | 40.8 | 32.6 | 37.1 | 34.4 |
| Expenses | 27.1 | 21.6 | 26.6 | 21.4 |
| Net income | 9.9 | 8.1 | 7.5 | 9.4 |
SKP Bearing Offer News
SKP Bearing Offer Valuation (as of FY2021)
Earnings Per Share (EPS): INR4.97
Pre-IPO Price/Earnings (PE ratio): 14.08
Return on Net Worth (RONW): 16.28%
Net Asset Value (NAV): INR30.53 per share
SKP Bearing IPO GMP Daily Trend
SKP Bearing IPO Subscription – Live Updates
| Category | Non-retail | Retail | Total |
| Shares Offered | 22,00,000 | 22,00,000 | 44,00,000 |
| Day 1 | |||
| Day 2 | |||
| Day 3 | |||
| Day 4 |
SKP Bearing IPO Lead Manager
Shreni Shares Private Limited
Office No. 102, 1st Floor,
Sea Lord CHS, Ram Nagar,
Borivali (West), Mumbai – 400 092
Phone: +91 22 2808 8456
Email: [email protected]
Website: www.shreni.in
SKP Bearing Offer Registrar
Bigshare Services Private Limited
1st Floor, Bharat Tin Works Building,
Makwana Road, Marol,
Andheri East, Mumbai – 400 059,
Maharashtra
Phone: +91 22 6263 8200
Email: [email protected]
Website: www.bigshareonline.com
SKP Bearing Industries Limited
Survey No. 2127, Mulchand Road,
Wadhwan – 363 030,
Surendranagar, Gujarat
Phone: +91 98242 31243
Email: [email protected]
Website: www.skpbearings.com
SKP Bearing IPO Allotment Status
SKP Bearing IPO allotment will be available on Bigshare Services’ website. Click on this link to get allotment status.
| IPO Opening Date | 30 June 2022 |
| IPO Closing Date | 5 July 2022 |
| Finalisation of Basis of Allotment | 8 July 2022 |
| Initiation of refunds | 11 July 2022 |
| Transfer of shares to demat accounts | 12 July 2022 |
| Listing Date | 13 July 2022 |
| Opening Price on NSE SME | Coming soon |
| Closing Price on NSE SME | Coming soon |
SKP Bearing IPO FAQs
What is SKP Bearing offer size?
SKP Bearing offer size is INR30.8 crore.
What is SKP Bearing IPO Price Band?
SKP Bearing public offer price is INR70 per share.
What is the lot size of SKP Bearing IPO?
SKP Bearing offer lot size is 2,000 shares.
What is SKP Bearing IPO GMP today?
SKP Bearing IPO GMP today is NA per share.
What is SKP Bearing kostak rate today?
SKP Bearing kostak rate today is NA per application.
What is SKP Bearing Subject to Sauda rate today?
SKP Bearing Subject to Sauda rate today is NA per application.
