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Open
9 Jan 2018
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Close
11 Jan 2018
3
Allotment
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Listing
Fri, Jan 19, 2018
Price Band
₹150 per share
Issue Size
8,88,000 shares (agg. up to ₹13 Cr)
Lot Size
1,000 Shares
Listing Date
Fri, Jan 19, 2018
✦ AI Insight
Live Subscription
| Category | Subscription (times) |
|---|---|
| Total | 14.27x |
Restated Financials (₹ Cr.)
| Period Ended | 30 Sep 2017 | 31 Mar 2017 | 31 Mar 2016 | 31 Mar 2015 |
|---|---|---|---|---|
| Assets | 117.96 | 101.61 | 104.53 | 84.81 |
| Total Income | 75.16 | 158.75 | 147.82 | 131.76 |
| Profit After Tax | 1.12 | 1.61 | 1.45 | 1.09 |
| NET Worth | 30.55 | 29.48 | 27.97 | 26.62 |
| Reserves and Surplus | 27.73 | 28.45 | 26.94 | 25.59 |
| Total Borrowing | 36.32 | 34.53 | 33.34 | 30.93 |
| Amount in ₹ Crore |
Peer Comparison
| Company | Issue Type | Issue Size | Issue Price | PE Ratio | Listing Day Close | Listing Gain/Loss % | LTP |
|---|---|---|---|---|---|---|---|
| Trident Texofab Ltd. | SME | ₹3.53 Cr | ₹30 | null | ₹68.00 | +126.67% | ₹32.33 (+2.83%) |
| AKM Lace & Embrotex Ltd. | SME | ₹4.76 Cr | ₹25 | null | ₹24.90 | -0.40% | ₹1,163.10 (+0.00%) |
| Pashupati Cotspin Ltd. | SME | ₹20.88 Cr | ₹75 | null | ₹75.00 | +0.00% | ₹88.45 (+1.23%) |
| Globe Textiles (India) Ltd. | SME | ₹13.71 Cr | ₹51 | null | ₹50.15 | -1.67% | ₹2.15 (+1.42%) |
| Laxmi Cotspin Ltd. | SME | ₹9.60 Cr | ₹20 | null | ₹19.90 | -0.50% | ₹14.65 (-2.46%) |
| Manomay Tex India Ltd. | SME | ₹11.41 Cr | ₹30 | null | ₹31.95 | +6.50% | ₹190.43 (+8.80%) |
Objects of the Issue
| # | Issue Objects | Est Amt (₹ Cr.) |
|---|---|---|
| 1 | Funding Long Term Working Capital Requirement | 5.29 |
| 2 | Expenditure for General Corporate Purposes | 0.94 |
About S K S Textiles IPO
Incorporated in 1997, S K S Textiles Limited is Mumbai-based ISO 9000:2015 certified Company engaged in the business of Textile Manufacturing and Trading. SKS Textiles manufacture grey fabrics and finished fabrics for shirting, suiting, and other accessories for its own brand and also on outsourcing basis for other fabric / garment companies.Company manufacture various fabrics like 100% Cotton - Lycra and Non-Lycra, Blended Cotton Suiting – Chief Value Cotton, Polyester Cotton, 100% Cotton Yarn Dyed , Polyester Viscose, Terry Rayon Suiting and Mock Linen under its brand names – Pierricarrlo, Cotbbelly’s and Earthen Belly. Company also undertakes corporate orders for Finished Fabrics and Grey Fabrics for corporate brands such as Raymond, Arvind, Siyaram’s, Digjam Limited, etc.SKS Textiles manufacturing unit is located at Sonale, Bhiwandi in Maharashtra. Company also have a Packing and Storage unit at Kalher, Bhiwandi in Maharashtra.+ Read More
Contact Details
S K S Textiles Ltd. AddressGala No.431, Kewal Industrial Estate4th Floor, Senapati Bapat MargLower Parel (West)Mumbai, Maharashtra, 400013022 6120 6222info@groupsks.comVisit Website