S K S Textiles Limited IPO

S K S Textiles Limited

Issue Open

Jan 09, 2018

Price Band

₹ 150

Issue Size

₹ 13.32 Cr

Credit of Shares to Demat

-

Issue Close

Jan 11, 2018

Bid Lot

1000

Listing Exchange

NSE SME

Cut off time for UPI Mandate Confirmation

-

Issue Type

Fixed Price Issue IPO

Minimum Order Quantity

10000

Allotment Details

-

Face Value

Rs 10 Per Equity Share

Listing On

Jan 19, 2018

Refunds

-

About the company:

S K S Textiles Limited is a dynamic leader in the area of high fashion fabrics. The company is ISO 9000:2015 certified and is engaged in textile manufacturing and trading.

Date of establishment: S K S Textiles was established in 1982.  

Product & Service Offering: S K S Textiles manufactures suiting from natural to manmade fabrics and specializes in 100% cotton, cotton blended fabrics and synthetic T/R fabrics.

Promoters of S K S Textiles Ltd.: The promoters of the firm are Mr. Sukanraj Shah, Mr. Vicky Shah, Mr. Sahil Shah and Sukanraj Bhabhutmal Shah HUF.

Customer segment: The company offers its products under its own brand names - Pierricarrlo, Cotbbelly’s and Earthen Belly for retail customers and also on outsourcing basis for other garment companies.

Objects of the Issue:

The Issue consists of a fresh issue and an offer for sale by the shareholders.

 

Offer for Sale - The selling shareholders will be entitled to the proceeds from the offer for sale.

 

Fresh Issue - The net proceeds from the fresh issue will be utilized towards the following objects:

-      Working capital requirements
-      General corporate purposes

 

Company Financials:

 

 

Particulars

For the year/period ended (in Rs. Million)

 

31-Dec-17

31-Mar-16

31-Mar-15

Total Assets

1016.076

1045.42

848.17

Total Revenue

1586.56

1477.2

1316.6

Profit After Tax (PAT)

16.01

14.24

11.11

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