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Home All IPOs Sai Silks (Kalamandir) Ltd. IPO
Sai Silks (Kalamandir) Ltd. IPO
NSE & BSE Bookbuilding IPO 5,40,99,027 shares (aggregating up to ₹1,201.00 Cr) Closed Live Chart
GMP +₹0 +0% Est. Listing ₹222
Issue Price
₹222
Face ₹2
GMP
+₹0
+0% premium
Est. Listing
₹222
GMP based
Lot Size
67
shares / lot
Min Amount
₹14,874
1 lot · 67 shares
Live Price
tap to chart
Allotment
Important Dates
6/6 completed
Open
Close
Allotment
Refund
Demat
Listing
Done
Open Date
20 Sep 2023
Wed Completed
Done
Close Date
22 Sep 2023
Fri Completed
Done
Allotment
27 Sep 2023
Wed Completed
Done
Refund
29 Sep 2023
Fri Completed
Done
Demat Credit
03 Oct 2023
Tue Completed
Done
Listing Date
27 Sep 2023
Wed Completed
UPI Deadline: 22 Sep 2023
Issue Details
Pricing & Size
Issue Price
₹222 Face ₹2
Lot Size
67 shares
Min Investment
₹14,874
Total Issue Size
-
IPO Information
Issue Type
Bookbuilding IPO
Sale Type
5,40,99,027 shares (aggregating up to ₹1,201.00 Cr)
Listing Exchange
NSE & BSE
Script / Ticker
-
Allocation Breakdown
Market Maker
-
QIB Portion
2,70,49,512 (50.00%)
NII / HNI
81,14,855 (15.00%)
Retail
1,89,34,660 (35.00%)
Employee
-
Net Offer to Public
-
Shareholding Pattern
Pre-Issue Shareholding
-
Post-Issue Shareholding
15,33,66,112 shares
Application Size
CategoryMin LotsSharesAmount
Retail (sNII) 1 67 ₹14,874
HNI / NII 14 938 ₹2,08,236
bHNI / bNII 68 4,556 ₹10,11,432
Objects of Issue
5 objectives
1
1 Funding capital expenditure towards setting-up of 30 new stores
125.08 Cr
2
2 Funding capital expenditure towards setting-up of two warehouses
25.40 Cr
3
3 Funding working capital requirements of the Company
280.07 Cr
4
4 Repayment or pre-payment, in full or part, of certain borrowings availed by the Company
50.00 Cr
5
5 General Corporate Purposes
85.69 Cr
Lead Managers & Market Maker
Book Running Lead Managers
Motilal Oswal Investment Advisors Ltd.
HDFC Bank Ltd.
Nuvama Wealth Management Ltd.
IPO Timeline
Open
20 Sep
✓ Done
Close
22 Sep
✓ Done
Allotment
27 Sep
✓ Done
Listing
27 Sep
✓ Done
Registrar Details
Bigshare Services Pvt.Ltd.
SEBI Registered Registrar & Transfer Agent
Phone
+91-22-6263 8200
Email
ipo@bigshareonline.com
Company Contact
Email
secretarial@sskl.co.in
Phone
+91 40 6656 6555
Address
6-3-790/8, Flat No. 1 Bathina Apartments, Ameerpet Hyderabad - 500 016 Hyderabad, Telangana
Grey Market Premium
LIVE
Current GMP
+₹0
+0% vs Issue Price
Issue Price
₹222
Est. Listing
₹222
Lot Size
67 shares
P&L / Lot
+₹0
GMP is unofficial grey market data. Does not guarantee listing price or returns.
GMP Return Calculator
Estimated Listing
GMP %
Investment (1 Lot)
Total Investment
Expected P&L
ROI
Sai Silks (Kalamandir) Ltd. LIVE
INR ·
vs Issue
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Low
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P/E
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| Price
Market Reference
IPO Issue Price
₹222
GMP
+₹0 (+0%)
GMP Est. Listing
₹222
Previous Close
Exchange
Data from Yahoo Finance. May be delayed 15–20 min. GMP is unofficial. Not investment advice.
Category-wise Subscription
Category Sub (×) Offered Bid For Amt (Cr)*
QIB 2,70,49,512 (50.00%) ₹60,049.92 Cr
NII / HNI (Total) 81,14,855 (15.00%) ₹18,014.98 Cr
Retail Investors 1,89,34,660 (35.00%) ₹42,034.95 Cr
Total ** 5,40,99,027 (100.00%) ₹1,200,998.40 Cr
* Based on ₹222.00 (upper price band)
NII / HNI Breakdown
Shares Reserved
QIB
2,70,49,512 (50.00%)
NII
81,14,855 (15.00%)
Retail
1,89,34,660 (35.00%)
* Shares Offered and Total Amount are indicative. ** Excluding Market Maker portion. Data sourced from exchange bidding platform.
Financial Summary
Amount in Crore
Metric31 Mar 202331 Mar 202231 Mar 2021
Revenue1358.921133.02679.10
PAT97.5957.695.13
EBITDA
Net Worth397.33300.66242.99
Total Assets1220.45842.49665.42
Reserves373.27276.60218.93
Borrowings345.50260.49217.22
Key Financial Ratios
27.96%
ROE
Return on Equity
23.55%
ROCE
Return on Capital Employed
24.56%
RONW
Return on Net Worth
0.87
D/E Ratio
Debt to Equity
8.11
Pre EPS
EPS Pre-Issue
27.37
Pre P/E
P/E Pre-Issue
34.91
Post P/E
P/E Post-Issue
About Sai Silks (Kalamandir) Ltd.

Incorporated in 2005, Sai Silks (Kalamandir) Limited provides ethnic apparel and value-fashion products.

Inspired by India's vibrant culture, traditions, and heritage, the company offers a diverse range of products which includes various types of ultra-premium and premium sarees suitable for weddings, party wear, occasional and daily wear, lehengas, men's ethnic wear, children's ethnic wear and value fashion products comprising fusion wear and western wear for women, men and children.

Sai Silks has four different format stores:

  1. Kalamandir: Here it offers contemporary ethnic fashion for the middle income, this includes varieties of sarees, such as Tusser, Silk, Kota, Kora, Khadi, Georgette, Cotton, and Matka.
  2. VaraMahalakshmi Silks: Here it offers premium ethnic silk sarees and handlooms targeting wedding and occasional wear, such as Banarasi, Patola, Kota, Kanchipuram, Paithani, and Organza, Kuppadam, with a focus on handlooms such as Kacheepuram silk sarees.
  3. Mandir: Here it offers ultra-premium designer sarees targeting high net worth individuals, such as designer sarees such as Banarasi, Patola, Ikat, Kanchipuram, Paithani, Organza, and Kuppadam.
  4. KLM Fashion Mall: Here it offers value fashion at affordable price points, such as fusion wear, sarees for daily wear, and western wear for women, men, and children.

The company also offers its products through e-commerce channels which comprises its website sskl.co.in and other online e-commerce marketplaces.

As of July 31, 2023, the company has over 54 stores in four south Indian states namely Andhra Pradesh, Telangana, Karnataka, and Tamil Nadu, with an aggregate area of approximately 603,414 square feet. The company recorded Rs. 13,514.69 million, Rs. 11,293.23 million, and Rs. 6,772.48 million in revenue from operations in the fiscal 2023, 2022, and 2021 respectively.

Frequently Asked Questions
What is the issue price of Sai Silks (Kalamandir) Ltd. IPO?
The issue price of Sai Silks (Kalamandir) Ltd. IPO is ₹222 per share, face value ₹2.
What is the lot size?
Minimum lot size is 67 shares, requiring ₹14,874.
What are the IPO dates?
Opens 20 Sep 2023, closes 22 Sep 2023.
When is the listing date?
Tentative listing: 27 Sep 2023 on NSE & BSE.
What is the current GMP?
Current GMP is +₹0, estimated listing ₹222 (+0%). GMP is unofficial.
How to apply?
Apply via ASBA through your bank, or via UPI through any broker app.

Check Allotment Status

Sai Silks (Kalamandir) Ltd. IPO · Expected 27 Sep 2023

Check on Registrar
Post-IPO Timeline
Allotment Date
27 Sep 2023
Refund Initiation
29 Sep 2023
Demat Credit
03 Oct 2023
Listing Date
27 Sep 2023
Live Price LIVE
Quick Facts
Closed
GMP Signal
Bullish
+₹0
+0%
Issue Price
₹222
Face ₹2
Lot Size
67
shares / lot
Min Amount
₹14,874
1 lot
Est. Listing
₹222
GMP +₹0
Key Dates
Open
20 Sep Done
Close
22 Sep Done
Listing
27 Sep Done
Registrar
Bigshare Services Pvt.Ltd.
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