Sai Silks (Kalamandir) Limited

Company Profile
Company Name Sai Silks (Kalamandir) Limited
Open Date 20-09-2023
Close Date 22-09-2023
Exchange BSE, NSE
Lot Size 67 Shares
Issue Price ₹210 to ₹222 per share
Issue Size 5,40,99,027 Equity Shares
Application Amount Min. Inv. - ₹ 14874 (67 shares) Max. Inv. - ₹ 1,93,362 (871 shares)
Recommendation Apply

Sai Silks (Kalamandir) Limited was originally formed as a partnership firm in the year 2005 and has its registered office in Andhra Pradesh. The Company offers products to various segments of the market including premium ethnic fashion, and ethnic fashion. The company offers products through four store formats, i.e., Kalamandir, VaraMahalakshmi Silks, Mandir and KLM Fashion Mall. As of 31st July 2023, the Company has4,873 employees on its payroll.

(Read more on the review)

Summary of Financials (All financials in Lakh)

For the Period Ended Mar-21 Mar-22 Mar-23
Total Assets 84,343.60 1,05,665.70 1,22,045.00
Net Assets 26,163.80 31,604.10 39,733.40
Total Borrowings 29,103.00 28,276.00 34,549.80
Total Revenue 68,145.90 1,14,018.00 1,35,892.00
Profit After Tax 593.70 5,441.00 9,758.80

Tentative Timeline

Opening Date 20/09/2023
Closing Date 22-09-2023
Basis of Allotment 27-09-2023
Initiation of Refunds 29-09-2023
Credit of Shares to Demat 03-10-2023
Listing Date 04-10-2023

Objects of the Issue

Capital Expenditure towards setting up 25 new stores, and two warehouses.
Repayment/ pre-payment of certain borrowings.
General Corporate Purposes.
Working Capital Requirements.

Contact Information

Registered Office Sai Silks (Kalamandir) Limited 6-3-790/8, Flat No. 1 Bathina Apartments, Ameerpet Hyderabad - 500 016
Phone +91 40 6656 6555
Email secretarial@sskl.co.in
Website https://sskl.co.in/

Registrar Details

Name Bigshare Services Pvt Ltd
Phone +91-22-6263 8200
Email ipo@bigshareonline.com
Website https://ipo.bigshareonline.com/ipo_status.html

IPO Reservation

QIB Shares Offered Not more than 50.00% of the Net offer
NII (HNI) Shares Offered Not less than 15.00% of the Offer
Retail Shares Offered Not less than 35.00% of the Offer

Shareholding Pattern

Share Holding Pre Issue (Promoters) 95.23%
Share Holding Post Issue (Promoters) 60.80%

Contact Us to Enable Your Success!