SBC Exports was incorporated on January 18, 2011. The company operates in three key segments that are textiles, garments including carpets; IT services and manpower supply; and online and offline hotel/travel/vacation bookings
| Bidding Dates |
|---|
| 24 Jun 2019 - 26 Jun 2019 |
| Subscription |
|---|
| 1.36x Oversubscribed |
| Minimum Investment | Minimum Lot | Maximum Lot | Lot Size | Number of Shares | Issue Price | Post Issue Promoter Holding % | Issue Size | IPO Document |
|---|---|---|---|---|---|---|---|---|
| ₹1,32,000 | 1 | 1 | 6000 | 3.0 M | ₹22 | 71.82 % | ₹65.6 M | RHP DOC |
SBC Exports IPO SUBSCRIPTION STATUS
26 Jun '19SBC Exports IPO overall subscription rate was 1.36 times the total available shares
SBC Exports IPO retail subscription rate was 0.78 times in the retail segment
SBC Exports IPO non-institutional investor subscription rate was 1.94 times in the non-institutional investor category
| Day | Retail Individual Investor | HNI (NII) Investors | Qualified Institutional Buyers |
|---|---|---|---|
| Category Reservation | 50% | 50% | - |
24 Jun 2019 (Day 1) | 0.15x | 0.4x | - |
25 Jun 2019 (Day 2) | 0.29x | 1.64x | - |
26 Jun 2019 (Day 3) | 0.78x | 1.94x | - |
SBC Exports FINANCIALS
| Period | Net Profit (Rs in millions) | Revenue from Operations (Rs in millions) | Cash Flow from Operations (Rs in millions) | Free Cash Flow (Rs in millions) |
| 9MFY19 | 6.9 | 584.9 | -90.7 | -117.2 |
| FY18 | 8.3 | 639.9 | 12.3 | 3.8 |
| FY17 | 3.3 | 286.6 | 2.1 | 0.6 |
| FY16 | 0.7 | 211.6 | 5.1 | 0.3 |
SBC Exports IPO SUBSCRIPTION STATUS DETAILS
SBC Exports had 3.0 M shares on offer
SBC Exports IPO offer price was ₹22
SBC Exports IPO minimum Investment was ₹132000
SBC Exports IPO issue size was ₹ 65.6 M
SBC Exports had a minimum lot size of 6000 Shares per application
SBC Exports NUMBER OF SHARES ON OFFER
SBC Exports IPO IMPORTANT DATES
| Issue Open Date | 24 Jun 2019 |
| Issue close Date | 26 Jun 2019 |
| Allotment Date | 01 Jul 2019 |
| Refund Date | 02 Jul 2019 |
| Demat Account Credit Date | 03 Jul 2019 |
| Listing Date | 04 Jul 2019 |
| Listing on Exchange(s) | BSE |
| SBC Exports Allotment Status | Exchange |
SBC Exports IPO subscription opened on 24 Jun 2019, and closed on 26 Jun 2019
IPO allotment for SBC Exports was finalized on Monday, 01 Jul 2019
IPO listing for SBC Exports was on BSE on Thursday, 04 Jul 2019
SBC Exports IPO LISTING GAINS
| Issue Price (adjusted) | 0.5 |
| Listing Open Price | 22.0 |
| Listing Close Price | 1.2 |
| Listing Gain% | 0.0% |
| Current Gain% | 8300.0% |
SBC Exports Peer
| Stock | Stock Price | Market Cap (Rs crore) | PE TTM | PEG TTM | PS TTM | ROE% | ROA% | Annual Revenue (Rs crore) | Annual Revenue Growth % | Annual Net Profit (Rs crore) | Annual Net Profit Growth % | EPS TTM | EPS TTM Growth % |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| SBC Exports Ltd. | 41.2 | 43.6 | 57.2 | 0.7 | 4.9 | 31.5 | 5.8 | 416.9 | 34.9 | 25.3 | 89.1 | 0.7 | 87.4 |
| Lenskart Solutions Ltd. | 569.7 | 99054.9 | 200.7 | 11.2 | 5.6 | 3.4 | 8988.3 | 28.2 | 493.6 | 67 | 2.8 | ||
| Page Industries Ltd. | 39900 | 44504.1 | 58.3 | 12.2 | 8.5 | 50.8 | 26.7 | 5310.7 | 6.3 | 763.8 | 4.8 | 684.8 | 4.8 |
| Pearl Global Industries Ltd. | 2464.1 | 11381.8 | 36.7 | 1.5 | 2.1 | 19 | 8.6 | 5061.7 | 11.5 | 277.7 | 11.8 | 67.2 | 23.7 |
| Safari Industries (India) Ltd. | 1486.6 | 7267.4 | 44 | 4.1 | 3.4 | 15 | 11.6 | 2071.8 | 15.1 | 167.8 | 17.5 | 33.8 | 10.9 |
| Arvind Fashions Ltd. | 458.8 | 6132.7 | 51.3 | 0.1 | 1.1 | 13 | 2.9 | 5307 | 14 | 122.6 | 444.6 | 8.9 | 591.7 |
SBC Exports INFORMATION ON IPO ISSUE
About SBC Exports
SBC Exports was incorporated on January 18, 2011. The company operates in three key segments that are textiles, garments including carpets; IT services and manpower supply; and online and offline hotel/travel/vacation bookings
Object of the Issue
- To part finance working capital requirements of the company
- To meet general corporate purposes
- To meet the expenses of the Issue
SBC Exports - PROMOTERS
| Name |
|---|
| Dhirendra Kumar Gupta |
| Deepika Gupta |
SBC Exports Lead Manager of the Issue
Navigant Corporate Advisors Limited
navigant@navigantcorp.com
SBC Exports Registrar to the Offer
Bigshare Services Private Limited
ipo@bigshareonline.com
SBC Exports Strengths
Strategic location
The manufacturing facility is strategically located near the source of raw materials to ensure cost savings and optimum logistic benefits
Creative product designing process
The company has a detailed design process pursuant to which it creates designs for consumers across diverse segments for various seasons ladies, men’ and kids
Diversified product portfolio
The company offers a diversified product portfolio offering affordable fashion across various price segments
SBC Exports Risks
Under-utilization
The capacity of current plant units is not fully utilized and consecutively, if there is also any under-utilization of capacities in the next three years, it could affect the ability to fully absorb fixed costs and thus may adversely impact financial performance
Dependent on third parties
The company relies on third parties for sales and distribution operations, and if such third parties fail to assist the company in a consistent, timely and efficient manner, its business, results of operations and financial condition may be adversely affected
IPO FAQs
The promoters of the company are Dhirendra Kumar Gupta and Deepika Gupta.
The category allocation of qualified institutional buyers is 0.0%, the category allocation of non individual investors or high networth individuals is 50.0% and for retail investors it is 50.0%.
The price band of the IPO is Rs 22.0 - 22.0.
The IPO application opens on Jun 24, 2019 and closes on Jun 26, 2019.
The minimum lot size for the IPO is 6000. The maximum lot size for the IPO is 6000.
For all category investors, the minimum application amount for this IPO is Rs. 132,000.0, the maximum value for this IPO is Rs 132,000.0.
This IPO will be allotted on Jul 01, 2019.
The refund will be credited to your account on Jul 02, 2019.
The allotted shares will be credited to your demat on Jul 03, 2019.
SBC Exports Ltd.’s shares listed on the stock exchanges on Jul 04, 2019.