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SKP Bearing Industries IPO is a Fixed Price IPO listing on NSE EMERGE exchange. The company is based in Surendranagar and caters to Engineering sector. Shreni Shares is the merchant banker of SKP Bearing Industries IPO. It is a SME IPO which filed its Draft Red Herring Prospectus (DRHP) on 11th March 2022.
SKP Bearing Industries IPO open date is 30th June 2022 and close date is 5th July 2022. IPO Allotment Date is 8th July 2022 and Listing date is 13th July 2022.
IPO
Size:
₹ 30.80 Cr.
Avg IPO Size (Sector Based)
: ₹
23.06 cr.
Sector: Engineering
SME
IPO so far:
99
Merchant Banker:
Shreni Shares
SME
IPO by BRLM so far:
47
City:
Surendranagar
SME
IPO so far:
1
Revenue (annualised):
₹
45.92
cr. 
PE
Ratio:
9.49x
Average Sector PE Ratio: 15.16x
SKP Bearing Industries IPO size is ₹ 30.80 Cr. with IPO price of ₹ 70.00. IPO subscription will start on IPO open date and end on IPO close date as per above. IPO valuation metrics can be seen here.
Shreni Shares Limited is the book-running lead manager of the SKP Bearing Industries IPO. Bigshare Services Private Limited is the Registrar and Market Maker is Shreni Shares Private Limited for SKP Bearing Industries IPO.
SKP Bearing Industries IPO Draft red herring prospectus (DRHP) and Red Herring prospectus (RHP) are available below.
SKP Bearing Industries IPO, based in Surendranagar, operates in the Engineering sector with a focus on Manufacturer of Rolling Elements. The company is launching its SME IPO on the NSE EMERGE exchange, using the Fixed Price Issue method. SKP Bearing Industries IPO size is ₹ 30.80 Cr. with fresh issue size of ₹ 11.20 Cr. and Offer for sale being ₹ 19.60Cr.
The IPO allotment date for SKP Bearing Industries IPO is expected to be 8th July 2022, after the finalization of basis of allotment. Investors can check SKP Bearing Industries IPO allotment status on the registrars website, Bigshare Services Private Limited. SKP Bearing Industries IPO refund dates are 11th July 2022.
SKP Bearing Industries IPO is expected to be listed on 13th July 2022.
The upper price band for the SKP Bearing Industries IPO is set at ₹ 70.00 per equity share. IPO price band is arrived at on the basis of IPO Valuation (P/E multiple) which is mentioned in the RHP.
For IPO analysis on SKP Bearing Industries IPO, explore our Financial Review Page for insights on fundamentals, peer analysis, and key IPO data, assisting investors to make informed decisions to apply or not.
To apply for the SKP Bearing Industries IPO, investors can use the ASBA (Application Supported by Blocked Amount) process via their bank's net banking or apply through UPI using a registered broker or trading app. The IPO is available in retail, HNI, and institutional investor categories. Investors must select the lot size, enter bid details within the price band, and submit their application before the IPO closing date of 5th July 2022. After submission, funds are blocked until the basis of allotment of SKP Bearing Industries IPO is finalised.
The merchant banker for SKP Bearing Industries IPO is Shreni Shares Limited . Shreni Shares Limited manages the IPO process, including underwriting, regulatory compliance, and investor coordination. Investors can refer to the SKP Bearing Industries IPO RHP for further details.
The registrar for SKP Bearing Industries IPO is Bigshare Services Private Limited. Investors can go to Bigshare Services Private Limited registrar website for IPO allotment status, refund processing, and other queries related to SKP Bearing Industries IPO through their official website or helpline.
SKP Bearing Industries IPO was subscribed 10.06 times. Stay updated on IPO details, subscription, and allotment news for informed investment decisions.
IPO
Size:
₹ 30.80 Cr.
Avg IPO Size (Sector Based)
:
₹ 23.06 Cr.
Sector: Engineering
SME
IPO so far:
99
Merchant Banker:
Shreni Shares
SME
IPO by BRLM so far:
47
City:
Surendranagar
SME
IPO so far:
1
Revenue (annualised):
₹ 41.96 cr.
PE
Ratio:
9.49x
Average Sector PE Ratio: 15.16x
SKP Bearing Industries IPO may offer opportunites, depending on your investment strategy. For in-depth analysis, risk factors, and KPIs, check our detailed report on SKP Bearing Industries Financial Review Page
Merchant Banker(s) of SKP Bearing Industries IPO: Shreni Shares Limited
SKP Bearing Industries IPO subscription was 10.06 X. IPO subscription refers to applications received in an IPO by each quota, i.e., QIB, Retail, and NII. In some IPOs, Eligible employee quota and shareholder’s quota are also present. Learn more about IPO subscriptions here.
SKP Bearing Industries IPO listed at a listing price of 72.45 against the offer price of 70.00.
The current market price of SKP Bearing Industries is 227.00.
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