The Indian capital market continues to buzz with activity, and the Small and Medium Enterprises (SME) segment is proving to be a fertile ground for growth-oriented businesses looking to tap public funds. Entering this arena is **CKK Retail Mart Limited**, bringing its fresh offering to the market. For potential investors, understanding every facet of this Initial Public Offering (IPO) is crucial for making a sound decision. This post breaks down the key details of the CKK Retail Mart IPO, from its business model to its financial health and future plans.
Understanding the Business: What CKK Retail Mart Does
Established in 2005, CKK Retail Mart Limited focuses primarily on the distribution of essential packaged goods. They bridge the gap between producers and consumers in key categories:
- Agro-Commodities: Distribution of staples such as sugar, lentils, pulses, and rice, often marketed under brands like Braunz and Jivanam.
- Packaged Products: This includes milk powder and a selection of soft drinks, both carbonated varieties and newly introduced fruit-based juices under the "Fruitzzzup" brand (launched in April 2025).
The company employs a 'Farm-to-Fork' philosophy for its agro products and utilizes two primary distribution mechanisms: a traditional three-tier model (supplying stockists who then supply distributors) and a direct-to-distributor approach.
CKK Retail Mart IPO: Key Subscription Details
This is a Book Building IPO on the NSE SME platform, involving both a Fresh Issue and an Offer for Sale (OFS). Here is a snapshot of the public offering:
| Detail | Value |
|---|---|
| Total Issue Size (Approx.) | ₹88.02 Crores |
| Fresh Issue Amount | ₹71.85 Crores (0.44 Cr shares) |
| Offer for Sale (OFS) Amount | ₹16.17 Crores (0.10 Cr shares) |
| Listing Exchange | NSE SME |
The IPO Timeline (Tentative Schedule)
The subscription window is relatively short. Note that these dates are subject to final exchange confirmation.
Price Band and Investment Structure
The pricing mechanism is critical for determining potential listing gains and initial outlay.
| Detail | Value |
|---|---|
| Face Value Per Share | ₹10 |
| Price Band (Per Share) | ₹155 to ₹163 |
| Lot Size (Minimum Bids) | 800 Shares |
| Minimum Retail Investment (Upper Price) | ₹2,60,800 |
Investor Allocation and Valuation Snapshot
The allocation structure follows standard SME norms, prioritizing retail participation while reserving a significant portion for Qualified Institutional Buyers (QIBs).
| Investor Category | Reservation (of Net Offer) |
|---|---|
| Qualified Institutional Buyers (QIB) | Not more than 50% |
| Retail Individual Investors (RII) | Not less than 35% |
| Non-Institutional Investors (NII) | Not less than 15% |
Based on the upper price band, the pre-IPO market capitalization is estimated at approximately ₹315.70 Crores.
Financial Performance and Health Analysis
Examining the company's historical financials offers insight into its operational trajectory. Figures shown are in ₹ Crore (Restated Data):
| Metric | Sep 30, 2025 | Mar 31, 2025 | Mar 31, 2024 |
|---|---|---|---|
| Total Income | 159.93 | 301.85 | 233.35 |
| Profit After Tax (PAT) | 8.59 | 16.36 | 12.67 |
| Net Worth | 51.12 | 42.53 | 26.17 |
| Total Borrowing | 0.02 | - | - |
Efficiency Metrics at a Glance
| Key Indicator | Sep 30, 2025 | Mar 31, 2025 |
|---|---|---|
| Return on Equity (ROE) | 18.34% | 47.63% |
| Return on Capital Employed (ROCE) | 22.58% | 51.59% |
| PAT Margin | 5.39% | 5.43% |
Founders and Ownership Structure
The company's leadership and promoter stake provide context on management commitment.
- Promoters: The key figures driving the company are Mr. Saurabh Malhotra, Sakuma Infrastructure and Realty Pvt Ltd., and Ms. Kusum Chander Mohan Malhotra.
- Promoter Holding: The promoter holding stands at 100.00% pre-issue, which is expected to reduce to approximately 72.12% post-issue, reflecting the dilution from the public offer.
Objectives of the Public Issue
The net proceeds from this fundraising are earmarked for strategic growth and operational enhancement:
| Utilization Objective | Estimated Amount (₹ Cr) |
|---|---|
| Acquisition of Leasehold Plots & Warehouse Construction | 10.20 |
| Repair and Refurbishment of Warehouses | 1.90 |
| Funding Working Capital Requirements | 43.00 |
| General Corporate Purposes | (Balance) |
Key Stakeholders: Registrar and Lead Manager
The smooth execution of the IPO relies on competent intermediaries:
- Book Running Lead Manager (BRLM): Oneview Corporate Advisors Pvt.Ltd. is managing the process.
- Registrar to the Issue (RTI): Bigshare Services Pvt.Ltd. will handle allotment and refunds.
- Market Maker: Svcm Securities Pvt.Ltd. is designated as the market maker for the listing stability on the SME exchange.
SWOT Analysis for CKK Retail Mart
A balanced view requires assessing inherent strengths against potential weaknesses and external factors.
| Strengths (Internal Positive) | Weaknesses (Internal Negative) |
|---|---|
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| Opportunities (External Positive) | Threats (External Negative) |
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Corporate Contact Information
For official correspondence or accessing regulatory documents, use the details below:
Phone: +91 8275286155
Email: cs@ckkretailmart.com
Website: http://www.ckkretailmart.com/
Concluding Thoughts on the CKK Retail Mart IPO
The CKK Retail Mart IPO offers participation in a company with proven experience in the essential commodity distribution space, leveraging a diversified product base. The proposed utilization of funds towards warehouse infrastructure and working capital suggests a focus on scaling operations. Investors should thoroughly review the Red Herring Prospectus (RHP) concerning sector risks and the current valuation multiples compared to peers before committing capital. As with all SME listings, be aware of the potential for higher volatility post-listing.