SKP Bearing Industries Limited

Jun 30, 2022 - Jul 5, 2022

Price ₹70 - ₹70
Premium ₹0
Lot size 2000
Allotment -
Listing -

Category Lot(s) Qty Amount Reserved
Retail 1 2000 140000 0
HNI 2 4000 280000 0
Investor CategorySubscription (times)
Qualified Institutions[.]
Non-Institutional Buyers10.20
Retail Investors9.89
Employees[.]
Others[.]
Total10.04
About

SKP Bearing Industries Limited Logo

SKP Bearing Industries Limited manufactures needle rollers, cylindrical rollers, pins, and steel balls. The company supplies its products to diverse industries such as textiles, automobiles, etc. across India. The company also exports rolling elements to international customers in Brazil, Argentina, UAE, etc.

 

SKP Bearing Industries Limited has also ventured into the power generation business by installing a windmill in the year 2012-2013 at Survey No. 646, vill: Seth Vadala, Taluka: Jamjodhpur, Jamnagar Forest Division, Gujarat with a commissioned capacity of 0.80 MW.

 

The company also has a solar plant situated at Survey No. 25/M., Village Rojhana, Teh: Baroda, Dist.: Agar, Madhya Pradesh, and other windmills situated at Survey No. 143/2, Village: Jamuniameena, P.H.N.-52, 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 the generation and sale of power and electricity to various customers.

 

Competitive Strengths:

  • One of the players in manufacturing of multiple rolling elements in India under single roof.
  • Quality Assurance and Quality Control of the products.
  • Wide and Stable customer base.
  • Experienced management and dedicated employee base.
  • Diversifying the product mix and increasing penetration in markets.
  • Cost effective production and timely fulfilment of orders.

Company Financials

SKP Bearing Industries Limited Financial Information (Restated)
Period Ended Total Assets Total Revenue Profit After Tax
31-Mar-19 4358.36 4081.15 992.64
31-Mar-20 5448.7 3258.18 812.47
31-Mar-21 5281.07 3709.29 745.6
05-Jan-22 5078.66 3444.35 940.41
Amount in ₹ Lakhs
Lead Manager(s)
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Registrar

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