IPO Issue Details
Issue Price / Price Band₹22 per share (Fixed Price)
Face Value₹10 Per Share
Lot Size6,000 Shares per Lot
Total Issue Size29,82,000 shares (aggregating up to ₹6.56 Cr)
Issue TypeFixed Price IPO
Sale Type / CategoryFresh Capital
Exchange / PlatformBSE SME
IPO TypeSME
Subscription OpenMon, 24 Jun 2019
Subscription CloseWed, 26 Jun 2019
Anchor AllotmentSun, 23 Jun 2019
Basis of AllotmentMon, 01 Jul 2019
Initiation of RefundsTue, 02 Jul 2019
Credit of Shares to DematWed, 03 Jul 2019
Listing DateThu, 04 Jul 2019
UPI Mandate Deadline2019-06-26
Application & Investment Details
Retail — Min (1 Lots)₹1,32,000 — 6,000 shares
Retail — Max (13 Lots)₹1,716,000 (13 Lots)
HNI — Min (2 Lots)₹2,64,000 — 12,000 shares
Net Offer to Public28,32,000 shares (aggregating up to ₹6.23 Cr)
Reserved for Market Maker1,50,000 shares (aggregating up to ₹0.3300 Cr)
Pre-IPO Promoter Holding76,00,000 shares
Post-IPO Promoter Holding1,05,82,000 shares
About SBC Exports Ltd.
Incorporated in 2011, Uttar Pradesh based SBC Exports Limited is a trader of cushion covers, bedspreads, cotton quilts and handmade carpets in the Mirzapur. Initially, the company was only known for trading of good quality readymade apparels. Later, it had expanded its business in some other areas like tour & travels, manpower supply and information technology services. The company also started trading of hosiery fabrics & hosiery garments for Ladies, Mens' and Kids' in Mirzapur.SBC Exports Ltd operates primarily in three key segments:-Online & offline Hotel / Travel / Vacation Bookings-IT Services & Manpower supply and-Textiles, Garments trading including CarpetsThe company has two manufacturing plants located at Mirzapur and Ghaziabad in Uttar Pradesh. A variety of products such as Jackets, trousers, leggings, denim, T-shirts, and sweatshirts etc. are sold by the company under SBC DESIGN+, IEDEE, and SBC F-ROUTE brand names. It also has an online selling website www.frouteclothing.com and mobile APP to sell products online.The competitive strengths of the company are:1. Manufacturing units located near to the source of the raw materials.2. Innovative product designing services.3. Varied product range4. Quality assurance5. Diversified business model
Objects of the Issue
SBC Exports Ltd. proposes to utilise the net proceeds from the Issue for the following objects:
1
1 To part finance working capital requirements of the Company.
5.10
2
2 General corporate purposes
0.96
Shareholding & Lock-in
Pre-IPO Promoter Holding
76,00,000 shares
Post-IPO Promoter Holding
1,05,82,000 shares