
Industrials / Industrial Machinery · NSE
SKP Bearing Industries Limited manufactures needle rollers, cylindrical rollers, pins, and steel balls that are used in industries like textiles and automobiles across India, with exports also going to countries such as Brazil, Argentina, and the UAE. Alongside manufacturing, the company has expanded into power generation by setting up a windmill in Gujarat in 2012–2013 with a 0.80 MW capacity, and it also operates solar and wind power projects in Madhya Pradesh and Maharashtra, producing electricity with capacities ranging from 0.63 MW to 1.5 MW for various customers.
Price Band
₹70
Issue Size
₹30.80 Cr
Lot Size
2000 shares
GMP
Est. Listing
₹70
at current GMP
Subscribed
10.04x
overall
Open
30 Jun 2022
Close
5 Jul 2022
Allotment
10 Jul 2022
Refund
11 Jul 2022
Demat Credit
12 Jul 2022
Listing
13 Jul 2022
Overall Subscription
10.04x
Total Demand
QIB Multiplier
0.00x
Institutions & Funds
NII / HNI
10.20x
High Net-Worth
Retail (RII)
9.92x
Individual Bidders
Live bidding breakdown by institutional, non-institutional, and retail investors
| Category | Shares Offered | Shares Applied / Bid | Times Subscribed |
|---|---|---|---|
| NIB | 2,090,000 | 21,310,000 | 10.20x |
| RETAIL | 2,090,000 | 20,728,000 | 9.92x |
| Total | 4,180,000 | 42,038,000 | 10.04x |
Total unique applications received across retail and HNI tranches
| Category | Applications Reserved | Applications Received | Times Subscribed |
|---|---|---|---|
| Retail (RII) | 770 | 7,638 | 9.92x |
| HNIs (10L +) | 5 | 51 | 10.20x |
| HNIs (2-10L) | 24 | 245 | 10.20x |
| Total Applications | 799 | 7,934 | 9.93x |
Track continuous institutional and retail bidding order books for all active issues on the ipo live subscription feed.
SKP Bearing Industries Limited is bringing an initial public offering (IPO) in the Industrials / Industrial Machinery sector with an aggregate issue size of ₹30.8 Crores. The shares are offered at a price band of ₹70 to ₹70 per equity share on NSE. Currently, traders and retail applicants are calculating expected listing gains and break-even points based on unofficial grey market quotations.
Prospective investors can apply in the retail quota with a minimum of 1 lot comprising 2000 shares (approx. ₹1,40,000 minimum investment). High net-worth individuals (HNI/NII) can bid in the sHNI (₹2 Lakh to ₹10 Lakh) or bHNI (above ₹10 Lakh) categories for enhanced quota allocation.
Allotment reconciliation will be managed by Bigshare Services Private Limited. Eligible allottees will receive credit of equity shares into their Demat accounts by 2022-07-12, while un-allotted funds or UPI block mandates will be released on 2022-07-11.
Currently, SKP Bearing Industries Limited IPO Grey Market Premium (GMP) is not actively quoted or is quoted flat at ₹0. The shares are expected to list close to the issue price band of ₹70 to ₹70 per equity share.
The retail lot size is 2000 shares requiring a minimum application amount of ₹1,40,000. Expected listing price is ₹70 per equity share.
The SKP Bearing Industries Limited IPO aggregate issue size is ₹30.8 Crores with an equity price band set at ₹70 to ₹70 per equity share. The retail lot size is 2000 shares requiring a minimum capital outlay of approx. ₹1,40,000.
Live subscription figures are compiled real-time from the NSE and BSE bidding engines. Currently, overall subscription is 10.04x (Retail: 9.92x, QIB: 0.00x, NII: 10.20x). You can track live multiples directly on our dedicated subscription page.
The basis of allotment will be published on the official registrar portal (Bigshare Services Private Limited) and the BSE status verification website on or around 2022-07-10. Investors can verify status using PAN card or application number.
SKP Bearing Industries Limited shares are scheduled to list on NSE on 2022-07-13.