Saketh Exim Limited IPO (Saketh Exim IPO) Detail

Saketh Exim Limited IPO (Saketh Exim IPO) Detail

 

ABOUT THE COMPANY:

Saketh Exim Limited was established in 2010, Saketh Exim Limited is Navi Mumbai based company which manufactures and fabricates various steel products which are meant for its application in Pipe Support Systems, HVAC Systems, Anti-vibration System and Equipments for Industrial, Commercial, Utility and OEM Installations. Company manufactures various engineering products, metal and base metal products like G. I. nuts, various types of bolts, clamps, hangers etc. Apart from these, company’s Product Portfolio includes all types of bathroom pipes, fittings, bathroom accessories and sanitary wares.

Company is even engaged in trading of textile products. They trade into fancy shirting and finish fabrics. Based on the orders received from the customers for the textile products, they order the exact requirement from the suppliers and make the final product available to these customers. Company has 3 manufacturing units located at Vasai. Company employs 39 employees as on March 31, 2018, consisting of accountants, trainees and other staff.

For financial year ended 31 March 2018, the company generated 61.22% of its sales from Manufacturing segment while the Trading segment contributed 38.78%. The company has 3 manufacturing units located at Vasai. These manufacturing units are strategically located providing locational advantages.

SAKETH EXIM LIMITED is First and Only Company from India to have accreditation for PIPE HANGERS UL AND FM  certification  for pipe support system in India.

Saketh Exim Limited

SAKETH EXIM LIMITED’S products are marketed around the Globe trade name.

  1. A)   TEMBO SEVEN STAR       

B)    ETALIA SAKETH EXIM LIMITED has product  approvals in UAE – Civil Defense , Qatar – Civil Defense , Kuwait – Public Health water works , Bahrain – Ministry of Interior  , Saudi Arabia – Aramco , Saudi Arabia – Royal commission .

SAKETH EXIM LIMITED has 3 manufacturing units located at Vasai near Mumbai.

SAKETH EXIM LIMITED has developed a favorable position in the Middle Eastern and Gulf market. Our products are marketed through dealer network in various Companies in Gulf countries like , United Kingdom, UAE, Oman, Qatar, Kuwait, Jordan, Bahrain, Saudi Arabia , Bahrain and Egypt.

SAKETH EXIM LIMITED has 37 employees on its payroll.

PROMOTERS OF SAKETH EXIM LIMITED:

1. Mr. Sanjay J Patel (Individual Promoter)
2. Mrs. Smita S Patel (Individual Promoter)
3. Mrs. Taruna P Patel(Individual Promoter)
4. Mrs. Fatema S Kachwala (Individual Promoter)

Saketh Exim Limited IPO Financial details [in Rs, Cr]:

Financial Year Total Revenue Total Expenses Profit After Tax
FY-2013 19.30 19.10 0.13
FY-2014 33.21 33.02 0.13
FY-2015 37.49 36.91 0.40
FY-2016 46.72 45.59 0.77
FY-2017 51.40 49.99 0.95
Sept-2017 34.93 33.93 0.72

 

Saketh Exim Limited IPO Valuation Details:

Earnings Per Share [EPS] ₹ 2.43
Price/Earnings [P/E] Ratio 32.36
Return on Net Worth [RoNW] 18.06 %
Net Asset Value [NAV] ₹ 28.52 Per Share

 

Objects of the Issue:

  1. Long Term Working Capital Requirements – INR7.30 crore
  2. General Corporate Purpose – INR0.03 crore
  3. Issue Expenses – INR0.42 crore

Saketh Exim Limited IPO Details:

Issue Open 01-08-2018
Issue Close 03-08-2018
Allotment Date 09-08-2018
Unblocked Amount 10-08-2018
Listing Date 13-08-2018
Issue Share 13,68,000 Total Equity Share
72,000 Reserved by Market Maker
12,96,000 Equity Share
Issue Size ₹ 9.44 Cr
IPO Price Band ₹ 69
Minimum Share Bid 2000
Minimum Investment Amount [Rs] ₹ 1,38,000
Face Value ₹ 10
Retail Allocation 50%
Listing On NSE SME

 

Company Contact Information:

Saketh Exim Limited
Plot No- PAP D-146/147,
TTC MIDC,
Turbhe,
Navi Mumbai – 400705
Tel No.: +91 22 2762 0641/42/43
Fax No.: +91 22 2762 0623
Email: info@sakethexim.com
Website: www.sakethexim.com

Saketh Exim IPO Registrar:

BIGSHARE SERVICES PRIVATE LIMITED
1st Floor, Bharat Tin Works Building, Opp. Vasant Oasis
Makwana Road, Marol, Andheri (East), Mumbai – 400 059
Tel No.: +91 22 6263 8200
Fax No.: +91 22 6263 8299
Email: ipo@bigshareonline.com
Website:www.bigshareonline.com
Investor Grievance Email: investor@bigshareonline.com
Contact Person: Mr. Jibu John
SEBI Registration No.: INR000001385

Saketh Exim IPO Lead Manager(s):

ARYAMAN FINANCIAL SERVICES LIMITED
60, Khatau Building, Ground Floor
Alkesh Dinesh ModiMarg, Fort, Mumbai – 400 001
Tel No.: +91 22 6216 6999
Fax No.: +91 22 2263 0434
Email: ipo@afsl.co.in
Website: www.afsl.co.in
Investor Grievance Email: feedback@afsl.co.in
Contact Person: Mrs. Jyothi Shetty / Ms. Hiral Motani
SEBI Registration No.: INM000011344

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