About the Company:
Saketh Exim Ltd 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. Further Company’s Product Portfolio includes all types of bathroom pipes, fittings, bathroom accessories and sanitary wares.
Certain products manufactured by the company are certified by Underwriter’s Laboratory Inc. (U.S.A) and FM Global Approved (U.S.A) which are meant to be used for Fire Sprinklers System Installations. Further, company is also certified by Dun & Bradstreet which helps them in growing relationships through their global database and helps them in exploring the new potential customers.
Company is certified by ISO 9001:2015 for manufacturing of various products i.e. UL and FM approved Pipe Hangers and Support Systems, Anti vibration products, Rubber support inserts, valves, S.S. Floor Drains.
Company exports its products to various geographies such as USA and various countries in Middle East serving to various companies of several industries.
Company is even engaged in trading of textile products. Company trade into fancy shirting and finish fabrics. Based on the orders received from their customers for the textile products, they order the exact requirement from their suppliers and make the final product available to the customers
The following diagram depicts the breakup of revenue, percentage-wise for financial year ended March 31, 2018 on the basis of Manufacturing and Trading segments.
Management Team:
- Mr. Sanjay J Patel (Designation: Managing Director)
- Mrs. Smita S Patel (Designation: Chairman and Non-Executive Non Independent Director)
- Mrs. Taruna P Patel (Designation: Non-Executive Non Independent Director)
Peer group Comparison:
- We believe that there is no other listed company which is specifically comparable to Saketh Exim Ltd, w.r.t business model, size and financials.
Positives For the Company:
Expansion of Product range.
Company intends to continue to diversify their existing products by manufacturing various other products which are used in the application of Fire Fighting, plumbing and other mechanical installations.
Presently,Company is manufacturing and fabricating various steel products for Industrial, Commercial, Utility and OEM Installations. They also manufacture various engineering products, metal and base metal products like G. I. nuts, various types of bolts, clamps, hangers etc.
Going forward, Company intends to expand their current product portfolio and intend to manufacture screws, nuts, bolts and washers in-house. This expansion in the Product portfolio will serve as a one-stop solution provider for engineering products meant to be used in Pipe Support Systems, HVAC Systems, Anti-vibration System and Equipments etc.
Financials of the Company:
| (in Crores) | FY 14 | FY 15 | FY 16 | FY 17 | FY 18 |
|---|---|---|---|---|---|
| Revenue | 33.21 | 37.49 | 46.72 | 51.40 | 61.99 |
| Net Profit | 0.13 | 0.40 | 0.77 | 0.95 | 1.07 |
IPO Details:
| Details | Info |
|---|---|
| Issue Opens on | 1st August 2018 |
| Issue Closes on:. | 3rd August 2018 |
| Issue Price | Rs.69 |
| Face Value | Rs.10 |
| Minimum Lot | 2000 |
| Minimum Investment | Rs.1,38,000 |
| Issue Constitutes | 27.23% |
| Issue Size | Rs.9.43 cr |
| Market Cap | Rs.34.65 cr |
| Listing at | NSE SME |
| Equity Shares Offered (Fresh) | 13,68,000 |
| Equity Shares Prior to the Issue | 39,00,000 |
| Equity Shares after the Issue | 50,23,000 |
Important Dates:
| Finalization of Basis of Allotment | on or Before 8th August 2018 |
| Initiation of Refunds | on or Before 9th August 2018 |
| Credit of Equity Shares: | on or Before 10th August 2018 |
| Listing Date: | on or Before 13th August 2018 |
IPO Valuation Parameters:
| Earnings Per Share (EPS) | Price To Earnings ratio (PE) | Return on Net Worth (RoNW) | Net Asset Value (NAV) |
|---|---|---|---|
| 2.96 | 23.33 | 14.63% | 18.78 |
Knowledge Corner: (Click on the Link)
| Check IPO Allotment Status: |
|---|
Bigshare Website (Click on the below Link)http://www.bigshareonline.com/bssipoapplicationstatus.aspx |
| Company Contact Info: |
|---|
| Saketh Exim Ltd 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 |
| IPO Registrar Info: |
|---|
| 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 |
| Lead Manager to the Issue: |
|---|
| ARYAMAN FINANCIAL SERVICES LIMITED 60, Khatau Building, Ground Floor Alkesh Dinesh Modi Marg, 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 |
