SKP Bearing Industries IPO will be Open on 30 June 2022 and closes on 05 July 2022. The company has fixed the price of this IPO at ₹70 according to the face value of ₹10. The company will raise ₹30.80 Crores through this IPO under the 44,00,000 Equity Shares public issue. The IPO will have a fresh issue of ₹11.20 crore and an offer for sale of ₹19.60 crore. And the offer is 100% Fixed Price Issue. You can check here to know SKP Bearing Industries IPO GMP and SKP Bearing Industries IPO subscription status here.
SKP Bearing Industries Limited manufacturer of needle rollers, cylindrical rollers, pins and steel balls (“Rolling Elements”) and are one of the players in the list of finished roller manufacturers in India. The company make a different variety of products for a wide range of various industries, like textile, automobile, and plenty of other sectors as well. The company supply these rolling elements across India to reputed bearing manufactures and OEMs in domestic market in diverse industries such as textile, automobile, etc. The company also exporter of rolling elements which cater the requirements of international customers in Brazil, Argentina, UAE, etc
The company also ventured into power generation business by installing wind mill in year 2012-2013 at Survey No. 646, vill: Seth Vadala, Taluka: Jamjodhpur, Jamnagar Forest Division, Gujarat with a commissioned capacity of 0.80 MW and is currently used for our captive consumption. The company also have solar plant situated at Survey No. 25/M., Village Rojhana, Teh: Baroda, Dist. Agar, Madhya Pradesh, and other wind mills situated at Survey No. 143/2, Village: Jamuniameena, P.H.N.-52, 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.
The company manufacturing facility unit located at Survey No. 2127, Mulchand Road, Wadhwan – 363 030, Surendranagar, Gujarat, India having a total area of approximately 16,160sq. mtrs. As on date, this facility has machineries installed for manufacturing of rollers for600 million pcs, and manufacturing of balls for 480 tons. Our products are manufactured with advanced technology.
Objects Of The Issue :
- Funding working capital requirements; and
- General corporate purposes.
Company Strengths :
- One of the players in manufacturing of multiple rolling elements in India under single roof
- Quality Assurance and Quality Control of our products
- Wide and Stable customer base
- Experienced management and dedicated employee base
- Diversifying the product mix and increasing penetration in markets
- Repeat orders
- Cost effective production and timely fulfilment of orders
- Prime Factory Location
| Read also: Upcoming IPO List 2022 |
SKP Bearing Industries IPO Review :
■ Apply For long term
SKP Bearing Industries IPO GMP Live:
SKP Bearing Industries IPO GMP Or Grey Market Premium Available Here. The SME IPO GMP Premium updated Day By Day IPOs Running Period and the GMP Rates are Fluctuate and Stable Some times later. (GMP rates are Not 100% Guaranteed)
| Date | GMP | Subject Rate |
| 01 July 2022 | ₹0-₹0 | ₹0 |
| 30 June 2022 | ₹0-₹0 | ₹0 |
| 29 June 2022 | ₹0-₹0 | ₹0 |
| 28 June 2022 | ₹0-₹0 | ₹0 |
SKP Bearing Industries IPO Date & Price Band & Details :
| Issue Offer : | Fixed Price issue |
| IPO Open : | 30 June 2022 |
| IPO Close : | 05 July 2022 |
| IPO Size : | ₹30.80. Cr |
| Face Value : | ₹10 Rs. Equity Share |
| Price Band : | ₹70 Per Share |
| Listing On : | NSE, SME |
| Issue Size : | ₹30.80. Cr |
| Fresh Issue : | ₹11.20. Cr |
| Offer For Sale : | ₹19.60 Cr |
SKP Bearing Industries IPO Market Lot :
SKP Bearing Industries IPO Minimum Market lot is 1 Lot with 2000 shares with ₹140,000 Application amount. The retail investors can apply up to 1 lots with 2000 Shares or ₹140,000 amounts.
| Minimum Lot Size : | 1 Lot |
| Minimum Share : | 2000 Shares |
| Minimum Amount : | ₹140,000 |
| Minimum Lot Size : | 1 Lot |
| Maximum Shares : | 2000 Shares |
| Maximum Amount : | ₹140,000 |
SKP Bearing Industries IPO Shares Offer :
A Total of ₹44,00,000 shares are to be bid for the public issue by SKP Bearing Industries IPO with 16,00,000 for Fresh issue and 28,00,000 for offer for sale Shares.
| Category | Shares Offer | Amount |
| Fresh issue : | 16,00,000 | ₹11.20 Cr |
| Offer For Sale : | 28,00,000 | ₹19.60 Cr |
| Total : | 44,00,000 | ₹30.80 Cr |
SKP Bearing Industries IPO Reservation :
SKP Bearing Industries IPO Total Reservation of 44,00,000 shares are to be bid for the public issue by SKP Bearing Industries IPO with – for QIB and 20,90,000 for NII 20,90,000 For RII & – Shares EMP.
| Category | Reservation | Shares | Amount |
| QIB : | % | – | ₹- |
| NII : | 50% | 20,90,000 | ₹14.63 Cr |
| RII : | 50% | 20,90,000 | ₹14.63 Cr |
| MMRP : | – % | 2,20,000 | ₹1.54 Cr |
| Total : | 100% | 28,82,000 | ₹30.80 Cr |
SKP Bearing Industries IPO Dates :
SKP Bearing Industries IPO Date is 30 June 2022 and closes on 05 July 2022. The allotment will be finalized on 08 July 2022 and the IPO may list on 13 July 2022.
| Issue Open Date : | 30 June 2022 |
| Issue Close Date : | 05 July 2022 |
| Allotment Date : | 08 July 2022 |
| Refund Date : | 11 July 2022 |
| Share Credit Date : | 12 July 2022 |
| Listing Date : | 13 July 2022 |
SKP Bearing Industries IPO Form :
There are two ways to apply in SKP Bearing Industries IPO. You can apply for SKP Bearing Industries IPO through ASBA available in your bank account. You have to go to your online bank login and select SKP Bearing Industries IPO in the Invest section and apply through your bank account. Another option is you can apply SKP Bearing Industries IPO through IPO form download through NSE and BSE. See the SKP Bearing Industries IPO Form – Download the NSE Form and BSE Form IPO Form, fill it, and submit it to your bank or your broker.
SKP Bearing Industries Company Financial Report (lakh) :
| Year | Revenue | Expense | PAT |
| 2022 | ₹3,444.35 | ₹2,135.14 2 | ₹940.41 |
| 2021 | ₹3,709.29 | ₹2,660.77 | ₹745.60 |
| 2020 | ₹3,258.18 | ₹2,156.94 | ₹812.47 |
Company Promoters :
■ Mr. Shrinand Kamlakar Palshikar
Quick Link :
■ DRHP Draft Prospectus
■ RHP Draft Prospectus
SKP Bearing Industries IPO Lead Managers :
■ Shreni Shares Private Limited
SKP Bearing Industries IPO Registrar :
Bigshare Services Private Limited
1 st Floor, Bharat Tin Works Building,
Opposite Vasant Oasis, Makwana Road, Marol,
Andheri (East), Mumbai – 400 059 Maharashtra, India
Telephone: 022 – 6263 8200
E-mail: [email protected]
Investor Grievance e-mail: [email protected]
Website: www.bigshareonline.com
Note: Check SKP Bearing Industries IPO allotment status Visit IPOBAZAR Allotment Page And Search Your Registrar IPO Allotment Link. Click Here
Company Address :
SKP Bearing Industries Limited
Survey No. 2127, Mulchand Road
Wadhwan-363030, Surendranagar
Gujarat, India
Tel No.: +91 9824231243
Email: [email protected]
Website: www.skpbearings.com
SKP Bearing Industries IPO FAQs :
What is SKP Bearing Industries IPO?
SKP Bearing Industries IPO is SME IPO. They are going to raise ₹30.80. Crores via IPO. The issue is priced at ₹70 per equity share. The IPO to be listed on NSE, SME.
When SKP Bearing Industries IPO will open?
The IPO is to open on 30 June – 05 July 2022 for QIB, NII & RII.
What is SKP Bearing Industries IPO Size?
SKP Bearing Industries IPO size is ₹30.80 Crores.
What is the Fresh issue size of SKP Bearing Industries IPO?
The Fresh issue size of SKP Bearing Industries IPO ₹11.20 Cr.
What is the Offer For Sale size of SKP Bearing Industries IPO?
The Offer For Sale size of SKP Bearing Industries IPO ₹19.60 Cr.
What is SKP Bearing Industries IPO Price Band?
SKP Bearing Industries IPO Price Band is ₹70 Per share.
What is SKP Bearing Industries IPO Minimum and Maximum Lot Size?
The minimum bid is 2000 Shares with ₹140,000 amount while the maximum bid is 2000 shares with ₹140,000.
What is SKP Bearing Industries IPO Investors Portion?
The investors’ portion for QIB 0%, NII 50%, RII 50%.
What is SKP Bearing Industries IPO Allotment Date?
SKP Bearing Industries IPO allotment date is 08 July 2022.
What is SKP Bearing Industries IPO Listing Date?
SKP Bearing Industries IPO listing date is 13 July 2022. The IPO to list on NSE, SME.
How to Apply the SKP Bearing Industries IPO through Zerodha?
“NSE SME IPO is Not Apply in Zerodha”.Log in to Console in Zerodha Website. Go to Portfolio and Click on IPO. You will see the IPO Name “SKP Bearing Industries IPO”. Click on Bid Button. Enter your UPI ID, Quantity, and Price. Submit IPO Application Form. Now go to your UPI App on Net Banking or BHIM App to Approve the mandate.
How to Apply the SKP Bearing Industries IPO through Upstox?
“NSE SME IPO is Not Apply in Upstox”.Log in to Upstox Website or app. Go to Portfolio and Click on IPO. You will see the IPO Name “SKP Bearing Industries IPO”. Click on Bid Button. Enter your UPI ID, Quantity, and Price. Submit IPO Application Form. Now go to your UPI App on Net Banking or BHIM App to Approve the mandate.
How to Apply the SKP Bearing Industries IPO through Groww?
“NSE SME IPO is Not Apply in Groww”.Log in to Groww Website or app. Now you can see IPOs and Click on IPO. You will see the IPO Name “SKP Bearing Industries IPO”. Click on Bid Button. Enter your UPI ID, Quantity, and Price. Submit IPO Application Form. Now go to your UPI App on Net Banking or BHIM App to Approve the mandate.
How to Apply the SKP Bearing Industries IPO through Paytm Money?
“NSE SME IPO is Not Apply in Paytm Money“.Log in to the Paytm Money Website or app. Now you can see Invest is IPOs Section and Click on IPO. You will see the IPO Name “SKP Bearing Industries IPO”. Click on Bid Button. Enter your UPI ID, Quantity, and Price. Submit IPO Application Form. Now go to your UPI App on Net Banking or BHIM App to Approve the mandate.
| SKP Bearing Industries GMP: Click Here SKP Bearing Industries Subscription: Click Here SKP Bearing Industries Allotment: Click Here SKP Bearing Industries Listing: Click Here |
All SKP Bearing Industries IPO-related links are available here. If you want to know the details then click on Click Here Link.
Disclaimer: STOCK MARKET INVESTMENTS ARE SUBJECT TO MARKET RISKS, READ ALL SCHEME RELATED DOCUMENTS CAREFULLY BEFORE INVESTING.