• SMC open account icon Open an A/C
    • Open an A/C
    • Trading A/c
    • Mutual Fund A/c
    • NBFC A/c
    • NPS A/c
Select Items

IPO Synopsis

SKP Bearing Industries Ltd
Registered Office: Survey No 2127 Mulchand Road,Wadhwan , Surendranagar - 363030 , Gujarat , India.
Phone : 91-98242 31243   Fax:
Email :  
Website :
Initial public offering of 44,00,000 equity shares of face value of (Rs)10 each ("Equity Shares") of SKP Bearing Industries Limited ("SKP" or "The Company" or "The Issuer") for cash at a price of (Rs)70 per equity share (including a premium of (Rs)60 per equity share) ("Offer Price") aggregating (Rs)30.80 crores comprising of fresh offer of 16,00,000 equity shares aggregating to (Rs)11.20 crores ("Fresh Offer") and an offer for sale of 28,00,000 equity shares by Mr. Shrinand Kamlakar Palshikar and Ms. Sangita Shrinand Palshikar ("Selling Shareholders") aggregating to (Rs)19.60 crores ("Offer for Sale") ("The Offer") of which 2,20,000 equity shares aggregating to (Rs)1.54 crores will be reserved for subscription by market maker ("Mmarket Maker Reservation Portion"). The offer less the market maker reservation portion i.e. offer of 41,80,000 equity shares of face value of (Rs)10 each at an offer price of (Rs)70 per equity share aggregating to (Rs)29.26 crores ("Net Offer"). The offer and the net offer will constitute 26.51% and 25.18% of the post-offer paid-up equity share capital of the company. The face value of the equity shares is (Rs)10 each and the offer price is 7 times of the face value.

Issue Money Payable On
Opens On Closes On Application Allotment
30-Jun-22 05-Jul-22 (Rs)70.00-0.00 (Rs)0.00-0.00
Minimum Application for shares in Nos :2000  Further Multiples of :2000

  (Rs Cr) Lead Managers to the Issue
Project Cost 10.95 Shreni Shares Pvt Ltd
Project Financed through Current Offer 30.80  
Post Issue Equity Share Capital 16.60  
Issue Price (Rs)70.00  
Funding working capital requirements General corporate purposes
Promoted By
Shrinand Kamlakar Palshikar  
Sangita Shrinand Palshikar  
Listing At
Registrar to the Issue
No Data Found.

Follow us:

  • fb icon
  • Twitter icon
  • Linkedin
  • you tube
  • Instagram


SMC Global Securities Ltd | CIN : L74899DL1994PLC063609 | Registered Office: 11/6B, Shanti Chamber, Pusa Road, Delhi-110005. | Tel +91-11-30111000 | Compliance Officer: Mr. Ashok Kumar Aggarwal | Tel 011-30111000 Extn. 170 || Customer Care Email –| Complaint Email –| website:

SEBI Reg. No. INZ000199438, Member: NSE (07714), BSE (470), MSEI (1002), MCX (8200) & NCDEX (00021). DP SEBI Regn. No. CDSL/NSDL-IN-DP-130-2015, SMC Research Analyst Registration- INH100001849, Mutual Funds Distributor ARN No. 29345. •Insurance services are offered through SMC Insurance Brokers Pvt. Ltd. IRDAI Regn. No: DB 272/04 License No. 289 Valid upto 27/01/2026. • Real Estate Advisory services are offered through SMC Real Estate Advisors Pvt. Ltd.

Disclaimer: Investment in securities market are subject to market risks. Read all the related documents carefully before investing. Mutual Fund investments are subject to market risks. Read all scheme related documents carefully. PMS is not offered in commodity derivative segment. Insurance is the subject matter of solicitation. Registration granted by SEBI and certification from NISM in no way guarantee performance of the intermediary or provide any assurance of returns to investors. Past performance should not be taken as an indication or guarantee of future performance, and no representation or warranty, express or implied, is made regarding future performance. The price, value of and income from any of the securities or financial instruments mentioned in this report can fall as well as rise.The securities are quoted as an example and hot as a recommendation.

By submitting your details to SMC, you are authorizing us to send promotional communication through Call/Email/SMS/Whatsapp even though you may be registered under DND.


Toll-free : 1800-11-0909

Plus Minus 
Copyright ©2016-2024 SMC. All Rights Reserved | Disclaimer | Privacy Policy | Copyright| Testimonials| Sitemap| Grievance|Terms And Conditions| design agency: triverse| Powered by C-MOTS Infotech (ISO 9001:2015 certified)

Open my trading account now!  X 

* All fields are compulsory