Happiest Post

Sai Silks (Kalamandir) IPO Date, Review, Allotment, GMP

Sai Silks (Kalamandir) IPO Date, Price, Review

Sai Silks (Kalamandir) IPO: Know everything about Sai Silks (Kalamandir) IPO. Sai Silks (Kalamandir) Limited IPO Date, Sai Silks (Kalamandir) IPO Review and analysis. We will discus about Sai Silks (Kalamandir) IPO Benefits & Risks. Also, all information related to Sai Silks (Kalamandir) IPO like price band, all important dates, issue size, Brockrage Review, and retail quota etc.
Sai Silks (Kalamandir) IPO

    Sai Silks (Kalamandir) IPO

    Sai Silks (Kalamandir) Ltd Has filed its DRHP (Draft Red Herring Prospectus) with market regulator SEBI (Securities and Exchange Board of India) to raise around Rs 1201 crore through IPO (Initial public offering).

    Sai Silks (Kalamandir) IPO will open on 20 September 2023 and close on 22 September 2023. The price band of the Sai Silks (Kalamandir) IPO is ₹210 to ₹222. Sai Silks (Kalamandir) IPO size is 1201 Crores. The offer includes 600 Crores under fresh issue and 601 Crores under offer for sale. Sai Silks (Kalamandir) IPO QIB quota is 50%, NII quota is 15% and RII quota is 35%. Sai Silks (Kalamandir) IPO listing date is 04 October 2023. You can know about Sai Silks (Kalamandir) IPO GMP (Grey Market Premium) below.

    The Sai Silks (Kalamandir) has given good financial performance. The company made a profit of ₹97.59 crores in the financial year 2023 (March 2023). The IPO of Sai Silks (Kalamandir) will be listed on NSE and BSE. Sai Silks (Kalamandir) IPO face value is ₹2 per equity share.

    We will talk about Sai Silks (Kalamandir)' financials, benefits, and risks of investing in the company.

    What is Sai Silks (Kalamandir) IPO Date?
    Sai Silks (Kalamandir) IPO Date is 20 September 2023.

    What is Sai Silks (Kalamandir) IPO Price Band?
    Sai Silks (Kalamandir)' IPO Price Band is ₹210 to ₹222.

    What is Sai Silks (Kalamandir) IPO Expected Return?
    Sai Silks (Kalamandir) IPO Expected Returns is approx -%.

    About Sai Silks (Kalamandir) Limited

    Sai Silks (Kalamandir) Limited is an Indian company known for its presence in the textile and retail industry. It is particularly recognized for its retail chain of stores under the brand name "Kalamandir." Sai Silks (Kalamandir) Limited is primarily engaged in the textile and retail business. The company typically specializes in selling a wide range of textile and clothing products, including sarees, dresses, suits, and other apparel items.

    Kalamandir is a well-known retail brand in India, particularly in the southern states. The brand is recognized for its extensive collection of traditional and contemporary clothing, making it popular among consumers seeking a variety of options for special occasions and daily wear. The company's retail outlets typically offer a diverse product range that caters to various demographics and tastes. This may include clothing for men, women, and children, as well as accessories and footwear.

    Companies in the textile industry often emphasize the quality of fabrics and craftsmanship, especially for traditional and ethnic wear. This focus on quality can contribute to the brand's reputation. Traditional clothing, such as sarees and ethnic wear, holds cultural significance in India, and retailers like Kalamandir play a role in preserving and promoting these traditions.

    Kalamandir stores are often strategically located in major cities and towns, making them easily accessible to a broad customer base. In response to changing consumer preferences, many textile and retail companies have expanded into the e-commerce space. Sai Silks (Kalamandir) Limited may have an online presence to reach a wider audience.

    Important Links

    Sai Silks (Kalamandir) IPO Date and Price Band Details

    Sai Silks (Kalamandir) IPO open date: 20 September 2023, Closing date: 22 September 2023, and Listing date: 04 October 2023. The price band of Sai Silks (Kalamandir) IPO is ₹210 to ₹222 per share. Sai Silks (Kalamandir) IPO issue size is Rs 1201 crores. Sai Silks (Kalamandir) IPO retail portion is 35%, the QIB portion is 50%, and NII Portion is 15%.
    IPO Open:20 September 2023
    IPO Close:22 September 2023
    Listing Date:04 October 2023
    Listing On:NSE & BSE
    IPO Size:Approx ₹1201 crores
    Fresh Issue:Approx ₹600 crores
    Offer For Sale:Approx ₹601 crores
    Price Band:₹210 to ₹222 per share
    Face Value:₹2 per Equity share
    QIB Portion:50%
    Retail Portion:35%
    NII Portion:15%
    Employee Res:Not Disclosed

    Sai Silks (Kalamandir) IPO Lot Size Details

    Sai Silks (Kalamandir) IPO's minimum lot size is 67 shares with ₹14,874 application amount and the maximum lot size is 871 shares with ₹193,362 application amount for retail investors.
    Retail (Min)016714,874
    Retail (Max)13871193,362
    S-HNI (Min)14938207,236
    S-HNI (Max)664,489996,558
    B-HNI (Min)674,5561011,432

    Sai Silks (Kalamandir) IPO Open, Close, Allotment, and Listing Date

    Ipo Opening Date:20 September 2023
    IPO Closing Date:22 September 2023
    Basis of Allotment:27 September 2023
    Refund Date:29 September 2023
    Credit to Demat Account:03 October 2023
    Listing Date:04 October 2023

    Sai Silks (Kalamandir) Performance Indicator

    PE Ratio27.37
    Market Cap3404.73Cr.

    Sai Silks (Kalamandir) Ltd Financials

    Sai Silks (Kalamandir) Financials(in Crores)

    YearTotal AssetsRevenueProfit

    Sai Silks (Kalamandir) IPO Review

    Happiest PostAvoid
    Anand RathiNot Rated yet
    Angle OneNot Rated yet
    Axis CapitalNot Rated yet
    HDFC SecuritiesNot Rated yet
    ICICI DirectNot Rated yet
    Kotak SecuritiesNot Rated yet
    Motilal OswalNot Rated yet
    SharekhanNot Rated yet

    Sai Silks (Kalamandir) IPO Allotment Status

    Sai Silks (Kalamandir) IPO allotment status will be available from 02 September 2023. You can check Sai Silks (Kalamandir) IPO allotment status on our website.

    Check IPO Allotment Status

    Sai Silks (Kalamandir) Ipo Rating

    [Note: Not rated yet.]

    Review For Listing Gain

    Review For Short term

    Review For Long term


    The promoters of the company are:
    • Nagakanaka Durga Prasad Chalavadi
    • Jhansi Rani Chalavadi

    Contact Details of Sai Silks (Kalamandir)

    Sai Silks (Kalamandir) Limited
    6-3-790/8, Flat No. 1, Bathina Apartments,
    Ameerpet, Hyderabad 500 016, Telangana, India
    Telephone: +91 40 6656 6555
    E-mail: secretarial@sskl.co.in

    Sai Silks (Kalamandir) Lead Managers

    • Motilal Oswal Investment Advisors Limited
    • Hdfc Bank Limited
    • Nuvama Wealth Management Limited

    Sai Silks (Kalamandir) IPO Registrars

    S6-2, 6th Floor, Pinnacle Business Park,
    Next to Ahura Centre, Mahakali
    Caves Road, Andheri East, Mumbai – 400 093
    Telephone: +91 22 6263 8200
    Email: ipo@bigshareonline.com


    Looking at the financial position of the company, the track record has been good. In the financial year 2023, the company had a profit of Rs 97.59 crore. The company operates in many different sectors. Our suggestion will be updated when the Sai Silks (Kalamandir) Limited IPO starts. Sai Silks (Kalamandir) Limited IPO financial details and other information are given above.

    Sai Silks (Kalamandir) IPO FAQs

    What is Sai Silks (Kalamandir) IPO Price Band?
    Sai Silks (Kalamandir) IPO Price Band is ₹210 to ₹222.

    What is the Sai Silks (Kalamandir) IPO Opening Date?
    Sai Silks (Kalamandir) IPO Opening date is 20 September 2023.

    What is the Sai Silks (Kalamandir) IPO Closing Date?
    Sai Silks (Kalamandir) IPO Closing date is 22 September 2023.

    What is the Sai Silks (Kalamandir) IPO Allotment date?
    Sai Silks (Kalamandir) IPO Allotment Date is 27 September 2023.

    What is the Sai Silks (Kalamandir) IPO Listing Date?
    The Sai Silks (Kalamandir) IPO Date is 04 October 2023.

    What is Sai Silks (Kalamandir) IPO issue size?
    Sai Silks (Kalamandir) IPO issue size is ₹1201.

    What is Sai Silks (Kalamandir) IPO Expected Returns?
    Sai Silks (Kalamandir) IPO Expected Returns is -%.

    Also Read

    How to Apply the Sai Silks IPO with Zerodha?

    1. Open your Zerodha kite app and visit the Account tab, then see for console and click on IPO.
    2. If you are a Desktop user then Log in to the Console on Zerodha Website. Go to Portfolio and Click on IPO.
    3. You will see the IPO name "Aeroflex Industries Ltd".
    4. Then, Click on Bid Button.
    5. Then, Enter your UPI ID.
    6. Then, Fill in the Quantity and Price. (we recommend, that you should choose the cutoff price.)
    7. Then Submit the IPO Application Form.
    8. Now go to your UPI App (PhonePe, Google Pay, etc) or BHIM App to Approve the mandate.

    We hope you like this article about Sai Silks (Kalamandir) IPO. If you have a query about Sai Silks (Kalamandir) IPO, Please leave a comment. Here you can also stay updated about the IPO Allotment Status and upcoming IPO. Also, you can track IPO performance. You can use our tools Stock Average Calculator, Profit and Loss Calculator, and SIP Calculator for free. Thanks for Visiting. Happy Investing.

    Happiest Post.

    Post a Comment