Skipper board approves buying 100% of Sansha Fastener for ₹15.50 crore

Mergers & acquisitions
fastener manufacturing

Blacklitt Research30 October 20262 min read

A machine cutting a piece of metal. — Photo by Le Trung on Unsplash (Unsplash License). Illustrative image.

Skipper (NSE: SKIPPER) has approved the acquisition of 100% of the equity of Sansha Fastener Private Limited for ₹15.50 crore, it said in a filing on 30 Oct 2026. Sansha Fastener will become a wholly owned subsidiary, and the price is subject to the terms of an MOU or share purchase agreement.

Key highlights

Cost of acquisition: ₹15.50 crore, through banking channels
Stake acquired: 100% of equity
Turnover in FY 2025-26: ₹6.93 crore
Indicative completion: 31 Dec 2026

The acquisition in numbers

Item	Detail
Target	Sansha Fastener Private Limited
Business	Manufacturing of industrial fasteners
Incorporated	27 Aug 2018
Stake acquired	100% of equity
Cost	₹15.50 crore, through banking channels
Indicative completion	31 Dec 2026
Turnover in FY 2025-26	₹6.93 crore

Acquisition of a South India fastener maker

The board approved the acquisition of 100% of the equity of Sansha Fastener Private Limited, which the company says will become its wholly owned subsidiary. The company says the purpose is to add fastener capacity in South India to Skipper's existing fasteners business.

The target was incorporated on 27 Aug 2018 and is engaged in manufacturing industrial fasteners. Its registered office is in the SIPCOT Industrial Park at Bargur, Tamil Nadu.

The cost is ₹15.50 crore, to be paid through banking channels. The price is subject to the terms and conditions of an MOU or share purchase agreement, and 31 Dec 2026 is the indicative time for completion.

Turnover grew in FY 2024-25 and FY 2025-26

Sansha Fastener's turnover was ₹2.08 crore in FY 2023-24, ₹4.66 crore in FY 2024-25 and ₹6.93 crore in FY 2025-26, as the filing states. That is a rise of 123.7% in FY 2024-25, followed by a further rise in FY 2025-26 to ₹6.93 crore.

What the acquisition means for Skipper's shareholders

The deal adds a fastener business in South India as a wholly owned subsidiary, for a stated cost of ₹15.50 crore. The same meeting approved unaudited standalone and consolidated results for the quarter and half year ended 30 Sep 2026, which are not covered here.

Not stated: how the cost will be funded, the target's profit or net worth, and the effect of the deal on Skipper's results. The next dated step is the indicative completion date of 31 Dec 2026, and no date is given for signing the MOU or share purchase agreement.

Reference: Original filing (PDF)

Sign up to continue reading

Create a free account to read the rest of this article and the analysis that follows.

Disclaimer:

The information available on this article is provided for education and informational purposes only. It does not constitute or provide financial, investment or trading advice and should not be construed as an endorsement of any specific stock or financial strategy in any form or manner. We do not make any representations or warranties regarding the quality, reliability, or accuracy of the information provided. This website may contain links to third-party content. We are not responsible for the content or accuracy of these external sources and do not endorse or verify the information provided by third parties. We are not liable for any decisions made or actions taken based on the information provided on this website.