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Sky Gold IPO is a fixed price issue of Rs 25.56 crores.
Sky Gold IPO bidding started from September 18, 2018 and ended on September 21, 2018. The allotment for Sky Gold IPO was finalized on Wednesday, September 26, 2018. The shares got listed on BSE SME on October 4, 2018.
Sky Gold IPO price is ₹180 per share.
Aryaman Financial Services Limited is the book running lead manager of the Sky Gold IPO, while Link Intime India Private Ltd is the registrar for the issue.
Refer to Sky Gold IPO RHP for detailed information.
IPO Date | September 18, 2018 to September 21, 2018 |
Listing Date | October 4, 2018 |
Face Value | ₹10 per share |
Price | ₹180 per share |
Lot Size | |
Total Issue Size | 1,420,000 shares (aggregating up to ₹25.56 Cr) |
Issue Type | Fixed Price Issue IPO |
Listing At | BSE SME |
Share holding pre issue | 3,951,940 |
Share holding post issue | 5,371,940 |
Market Maker portion | 72,000 shares |
Sky Gold IPO offers 1,420,000 shares. 674,000 (47.46%) to NII, 674,000 (47.46%) to RII.
Investor Category | Shares Offered |
---|---|
Anchor Investor Shares Offered | - |
Market Maker Shares Offered | 72,000 (5.07%) |
Other Shares Offered | 674,000 (47.46%) |
Retail Shares Offered | 674,000 (47.46%) |
Total Shares Offered | 1,420,000 (100%) |
Sky Gold IPO opens on September 18, 2018, and closes on September 21, 2018.
IPO Open Date | Tuesday, September 18, 2018 |
IPO Close Date | Friday, September 21, 2018 |
Basis of Allotment | Wednesday, September 26, 2018 |
Initiation of Refunds | Thursday, September 27, 2018 |
Credit of Shares to Demat | Friday, September 28, 2018 |
Listing Date | Thursday, October 4, 2018 |
Cut-off time for UPI mandate confirmation | 5 PM on September 21, 2018 |
Incorporated in 2008, Mumbai based Sky Gold Limited is a business engaged in the business of designing, manufacturing, and marketing of Gold jewelry.
The company operates from a 2,740 sq. ft. sole manufacturing facility located in Mulund, Mumbai. The facility is used to make casting based jewelry using rubber dye, wax molds, and machines. It has its central sales offices at Mumbai. In addition, the company has also set-up sales offices in Kerala and Telangana to cater to the Southern regions of India.
Sky Gold has recently started export operations handled by its Mumbai sales office.
Between 2013-14 and 2017-18-
-Total revenue grew from Rs 9,624.74 lakhs to Rs 54,886.27 lakhs at a CAGR of 41.65%.
- EBITDA grew from Rs 359.85
lakhs to Rs 769.71 lakhs at a CAGR of 16.42%.
-PAT grew from Rs 63.59 lakhs to Rs 262.64 lakhs at a CAGR of 32.80%.
The company has 40 employees on its payroll.
Particulars | For the year/period ended (in Rs. Lakhs) | |||||
---|---|---|---|---|---|---|
31-Mar-18 | 31-Mar-17 | 31-Mar-16 | 31-Mar-15 | 31-Mar-14 | ||
Total Assets | 6,624.20 | 3,696.17 | 3,486.30 | 2,915.56 | 2,648.57 | |
Total Revenue | 54,889.53 | 16,441.05 | 18,331.31 | 12,777.45 | 9,624.74 | |
Profit After Tax | 393.78 | 143.47 | 144.12 | 123.91 | 94.68 |
The Objects of the Issue are-
(a) Repayment of Loans;
(b) Fund Working Capital Requirement;
(c) General Corporate Purposes.
[Dilip Davda]
Currently sentiment for jewellery sector is very weak. Company’s financial too are not that appealing except FY18 which raised IPO with superb earnings in pre-IPO year. Pricing of the issue is very aggressive and major chunk of fund is going for repayment of loans from promoters. There is no harm in giving this issue a miss.
Read detail review...The Sky Gold IPO is subscribed 1.08 times on September 21, 2018 6:49:03 PM. The public issue subscribed 0.94 times in the retail category, times in the QIB category, and 1.23 times in the NII category. Check Day by Day Subscription Details (Live Status)
Category | Subscription (times) |
---|---|
Other | 1.23 |
Retail | 0.94 |
Total | 1.08 |
Listing Date | October 4, 2018 |
BSE Script Code | 541967 |
NSE Symbol | SKYGOLD |
ISIN | INE01IU01018 |
Final Issue Price | ₹180 per share |
Price Details |
---|
Final Issue Price |
Open |
Low |
High |
Last Trade |
BSE SME |
---|
₹180.00 |
₹181.00 |
₹180.25 |
₹181.00 |
₹180.45 |
Sky Gold Limited
Gala no. 101, 102, 103, 1st Floor,
Raja Industrial Estate, Sarvoday Nagar,
Mulund (West), Mumbai - 400080
Phone: +91 - 22 - 2593 9399
Email: info@skygold.in
Website: http://www.skygold.in/
Link Intime India Private Ltd
Phone: +91-22-4918 6270
Email: skygold.ipo@linkintime.co.in
Website: https://linkintime.co.in/initial_offer/public-issues.html
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Sky Gold IPO is a SME IPO of 1,420,000 equity shares of the face value of ₹10 aggregating up to ₹25.56 Crores. The issue is priced at ₹180 per share. The minimum order quantity is .
The IPO opens on September 18, 2018, and closes on September 21, 2018.
Link Intime India Private Ltd is the registrar for the IPO. The shares are proposed to be listed on BSE SME.
The Sky Gold IPO opens on September 18, 2018 and closes on September 21, 2018.
Sky Gold IPO lot size and the minimum order quantity is not available at this time. Please check again later.
You can apply in Sky Gold IPO online using either UPI or ASBA as payment method. ASBA IPO application is available in the net banking of your bank account. UPI IPO application is offered by brokers who don't offer banking services. Read more detail about apply IPO online through Zerodha, Upstox, 5Paisa, Nuvama, ICICI Bank, HDFC Bank and SBI Bank.
The finalization of Basis of Allotment for Sky Gold IPO will be done on Wednesday, September 26, 2018, and the allotted shares will be credited to your demat account by Friday, September 28, 2018. Check the Sky Gold IPO allotment status.
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Avoid the IPO