SKP Bearing IPO GMP, Review, Price, Allotment


Last updated on July 13, 2022


SKP Bearing IPO description – The company is a manufacturer of needle rollers, cylindrical rollers, pins and steel balls (together called Rolling Elements). The company supplies these rolling elements across India to reputed bearing manufactures and OEMs in domestic market in diverse industries such as textile, automobile, etc. It also exports rolling elements to international customers in Brazil, Argentina, UAE, etc.

Over the years, SKP Bearings has also ventured into power generation business by installing wind mill in year 2012-2013 at Survey No. 646, vill: Seth Vadala, Jamjodhpur, Jamnagar Forest Division, Gujarat with a commissioned capacity of 0.80 MW and is currently used for its captive consumption. It also has solar plant situated at Survey No. 25/M., Rojhana, Agar, Madhya Pradesh, and other wind mills situated at Survey No. 143/2, Jamuniameena, 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 respectively for generation and sale of power and electricity to various customers.

Its manufacturing facility is located at Wadhwan, Surendranagar, Gujarat having a total area of approximately 16,160sq. mtrs. The facility has machineries installed for production of rollers for 600 million pcs, and manufacturing of balls for 480 tons.

Promoters of SKP Bearing – Mr Shrinand Kamlakar Palshikar and Ms Sangita Shrinand Palshikar

SKP Bearing IPO Details

Subscription Dates30 June – 5 July 2022
Price BandINR70 per share
Fresh issue16,00,000 shares (INR11.20 crore)
Offer For Sale28,00,000 shares (INR19.60 crore)
Total IPO size44,00,000 shares (INR30.80 crore)
Minimum bid (lot size)2,000 shares
Face Value INR10 per share
Retail Allocation50%
Listing OnNSE Emerge

SKP Bearing Financial Performance

 FY2019FY2020FY2021As at 5 Jan 2022
Net income9.
Figures in INR Crore unless specified otherwise

SKP Bearing Offer News

SKP Bearing Offer Valuation (as of FY2021)

Earnings Per Share (EPS): INR4.97
Pre-IPO Price/Earnings (PE ratio): 14.08
Return on Net Worth (RONW): 16.28%
Net Asset Value (NAV): INR30.53 per share

SKP Bearing IPO GMP Daily Trend

DateSKP Bearing IPO GMPKostakSubject to Sauda

SKP Bearing IPO Subscription – Live Updates

Shares Offered22,00,00022,00,00044,00,000
Day 11.420.510.97
Day 21.451.161.31
Day 31.632.682.16
Day 49.699.429.55
Subscription figures in number of times, at 5 PM

SKP Bearing IPO Lead Manager

Shreni Shares Private Limited
Office No. 102, 1st Floor,
Sea Lord CHS, Ram Nagar,
Borivali (West), Mumbai – 400 092
Phone: +91 22 2808 8456
Email: [email protected]

SKP Bearing Offer Registrar

Bigshare Services Private Limited
1st Floor, Bharat Tin Works Building,
Makwana Road, Marol,
Andheri East, Mumbai – 400 059,
Phone: +91 22 6263 8200
Email: [email protected]

SKP Bearing IPO Contact Details

SKP Bearing Industries Limited
Survey No. 2127, Mulchand Road,
Wadhwan – 363 030,
Surendranagar, Gujarat
Phone: +91 98242 31243
Email: [email protected]

SKP Bearing IPO Allotment Status

SKP Bearing IPO allotment is now available on Bigshare Services’ website. Click on this link to get allotment status.

SKP Bearing IPO Timetable

IPO Opening Date30 June 2022
IPO Closing Date5 July 2022
Finalisation of Basis of Allotment8 July 2022
Initiation of refunds11 July 2022
Transfer of shares to demat accounts12 July 2022
Listing Date13 July 2022
Opening Price on NSE SMEINR73 per share (up 4.29% from IPO price)
Closing Price on NSE SMEINR72.45 per share (up 3.5% from IPO price)

SKP Bearing IPO FAQs

What is SKP Bearing offer size?

SKP Bearing offer size is INR30.8 crore.

What is SKP Bearing IPO Price Band?

SKP Bearing public offer price is INR70 per share.

What is the lot size of SKP Bearing IPO?

SKP Bearing offer lot size is 2,000 shares.

What is SKP Bearing IPO GMP today?

SKP Bearing IPO GMP today is NA per share.

What is SKP Bearing kostak rate today?

SKP Bearing kostak rate today is NA per application.

What is SKP Bearing Subject to Sauda rate today?

SKP Bearing Subject to Sauda rate today is NA per application.


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