SBC Exports IPO description – Established in 2011, SBC Exports was initially engaged in the trading of handmade carpets, cushion covers, cotton quilts and bedspreads etc. In 2017, the company set up its own manufacturing plants at Mirzapur and Ghaziabad. The company has in-house stitching and quality control which is supervised at all levels by experienced people. SBC Exports is also engaged in production of quality Hosiery Fabrics & Hosiery Garments for Ladies, Mens’ and Kids’. The company has a bouquet of a variety of T-Shirts, Denims, Sweat Shirts, Trousers, and Jackets and Leggings etc. which are sold under brand name of “SBC DESIGN+”, “SBC F-ROUTE”, “IEDEE”. It has also forayed into Home Furnishings which includes handmade carpets, cushion covers, cotton quilts and bedspreads etc. The company has also started direct sales of its products through online selling website www.frouteclothing.com and mobile APP which has product customisation offering.
SBC Exports has also diversified its business to Information Technology and Manpower Supply Services wherein it provides various types of services to the Government sector Departments such as Software Development, E-Office Modernization, E-Governance, Manpower etc. The company has worked on some of projects with National Informatics Centre Services Inc. (NICSI) – India, Delhi Government, Broadcast Engineering Consultants India Limited (BECIL), Delhi Government and Jharkhand Agency for Promotion of Information Technology, and Jharkhand Government.
The company also started its business operations in the area of the Tour and Travel Services by launching of its online portal www.maujitrip.com, a one stop destination for all travel, hotel & vacation bookings.
SBC Exports promoters – Mr Dheerendra Kumar Gupta and Mrs Deepika Gupta
| SBC Exports – Upcoming IPO details | |
| Subscription Dates | 24 – 26 June 2019 |
| IPO Price band | INR22 per share |
| Fresh issue | 2,982,000 shares (INR6.56 crore) |
| Offer for sale | Nil |
| Total IPO size | 2,982,000 shares (INR6.56 crore) |
| Minimum bid (lot size) | 6,000 shares |
| Face Value | INR10 per share |
| Retail Allocation | 50% |
| Listing On | BSE SME platform |
SBC Exports IPO: Use of funds
- Part finance working capital requirements – INR5.10 crore
- General corporate purposes – INR0.96 crore
- Issue Expenses – INR0.50 crore
| SBC Exports’ financial performance (in INR crore) | ||||||
| FY2016 | FY2017 | FY2018 | 9M FY2019 | |||
| Total revenue | 21.16 | 28.69 | 64.21 | 58.52 | ||
| Total expenses | 20.93 | 27.99 | 62.40 | 56.70 | ||
| Profit after tax | 0.07 | 0.33 | 0.83 | 0.69 | ||
SBC Exports Contact Details
SBC Exports Limited49/95, Sahibabad Industrial Area Site 4
Sahibabad
Ghaziabad, Uttar Pradesh- 201010 Phone: +91 0120 2895246
Email: [email protected]
Website: www.sbcexportslimited.com
SBC Exports IPO Subscription Details
| Day | Subscription (no. of times) |
| Day 1 | 0.26 |
| Day 2 | 0.91 |
| Day 3 | 1.28 |
SBC Exports Valuation (For FY2018)
Earnings Per Share (EPS): INR82.97
Price/Earnings (P/E) ratio: 8.46
Return on Net Worth (RONW): 20.34%
Net Asset Value (NAV): INR136.46 per share
Registrar of SBC Exports IPO
Bigshare Services Private LimitedE2, Ansa Industrial Estate, Sakivihar Road,
Sakinaka, Andheri (E)
Mumbai – 400 072 Phone: +91 22 4043 0200
Fax: +91 22 2847 5201
Email: [email protected]
Website: www.bigshareonline.com
SBC Exports IPO Allotment Status
SBC Exports IPO allotment status is now available on Bigshare Services’ website. Click on this link to get allotment status.
Listing performance of SBC Exports
IPO Opening Date: 24 June 2019
IPO Closing Date: 26 June 2019
Listing Date: 4 July 2019
Listing Price on BSE SME: INR22 per share (no change from IPO price)
Closing Price on BSE SME: INR23.1 per share (up 5% from IPO price)
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