Sai Silks Kalamandir IPO Date, Review, Price, Allotment, Analysis

Sai Silks Kalamandir IPO Details: The scheduled date for Sai Silks Kalamandir IPO has been confirmed. The IPO is set to enter the market on September 20th and conclude on September 22th. The company aims to gather approximately ₹600 crores through this IPO. This sum includes a fresh issue of ₹600 crores via 27072000 shares, each valued at ₹1. The retail quota is 35%, while QIB is 50% and HNI is 15%.

What is Sai Silks Kalamandir IPO?

Sai Silks Kalamandir is a leading retailer of ethnic apparel, particularly sarees, in South India. They have 46 stores across the region and offer a wide variety of products, including premium sarees, lehengas, men’s ethnic wear, and children’s ethnic wear. They also offer value fashion products, such as fusion wear and western wear.

The company was founded in 2005 by Durga Prasad Chalavadi, who recognized the opportunity to create a more organized and customer-focused approach to the ethnic retail trade. Sai Silks Kalamandir has since grown to become one of the largest retailers of sarees in South India.

The company believes that its success is due to its focus on providing a unique customer experience and offering a wide variety of products at competitive prices. Sai Silks Kalamandir has over 5 million customers in India and is committed to continuing to grow its business and serve its customers.

Objectives of Sai Silks Kalamandir IPO

The objectives of the Sai Silks Kalamandir IPO are to:

• Fund the company’s expansion plans. The company plans to use the proceeds from the IPO to open new stores, expand its existing stores, and invest in new product categories.
• Repay debt. The company has a debt of ₹100 crores. The proceeds from the IPO will be used to repay a portion of this debt.
• Fund general corporate purposes. The company may use the proceeds from the IPO for general corporate purposes, such as marketing and advertising, and research and development.

The Sai Silks Kalamandir IPO is a good opportunity for investors to invest in a growing company in the retail sector. The company has a strong track record of growth and is well-positioned to continue to grow in the future.

Here are some of the risks associated with investing in the Sai Silks Kalamandir IPO:

• The market price of the shares may be volatile in the short-term.
• The company may not be able to achieve its growth targets.
• The company may face unforeseen challenges.

If you are considering investing in the Sai Silks Kalamandir IPO, you should carefully consider these risks before making an investment decision.

Sai Silks Kalamandir IPO Date & Price Band Details

Sai Silks Kalamandir IPO Market Lot

The Sai Silks Kalamandir IPO minimum market lot is 67 shares with ₹14874 application amount. The retail investors can apply up-to 13 lots with 871 shares or ₹ 193362 amount.

Sai Silks Kalamandir IPO Allotment & Listing Dates

The Sai Silks Kalamandir IPO date is September 20 and the close date is September 22. The Sai Silks Kalamandir IPO allotment will be finalized on September 27 and IPO will be listing on October 4.

You can check this IPO calendar to have latest update on your mobile. Add this calendar to your mobile and get daily updates on the current and upcoming IPO.

Sai Silks Kalamandir IPO Subscription Status

For the latest update on the Sai Silks Kalamandir IPO, you can check this dedicated page for IPO subscription status.

Sai Silks Kalamandir IPO Allotment Status

For the latest update on the Sai Silks Kalamandir IPO, you can check this dedicated page for IPO allotment status.

Sai Silks Kalamandir IPO Forms

For IPO form for the Sai Silks Kalamandir IPO, you can check this dedicated page for IPO Forms.

Sai Silks Kalamandir Company Financials

here are some of the key financials of Sai Silks Kalamandir:

• Revenue: The company’s revenue has grown steadily over the past few years, from ₹269.4 crores in 2020-21 to ₹315.3 crores in 2021-22.
• Profit: The company has also been profitable, with a net profit of ₹24.9 crores in 2021-22.
• Debt: The company has a debt of ₹100 crores.
• Return on equity (ROE): The company’s ROE is 23.7%, which is decent.
• Price to earnings (PE) ratio: The company’s PE ratio is 27.8, which is considered to be reasonable.

Overall, the financials of Sai Silks Kalamandir look healthy. The company has been growing steadily and is profitable. The company also has a low debt level and a decent ROE. The PE ratio is also reasonable.

However, it is important to note that these are just financials and do not guarantee future performance. You should do your own research before investing in any company.

Here are some of the factors that you should consider before investing in Sai Silks Kalamandir:

• The company’s growth prospects.
• The competitive landscape.
• The management team.
• The valuation.

You should also carefully consider your own investment goals and risk tolerance before making an investment decision.

Sai Silk Kalamandir IPO Pros & Cons

Company Promoters

• Nagakanaka Durga Prasad Chalavadi
• Jhansi Rani Chalavadi

Sai Silks Kalamandir IPO Registrar

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

Company Address

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/

Sai Silks Kalamandir IPO FAQs