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.
%20IPO.webp "Sai Silks (Kalamandir) IPO GMP")
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.
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.
Sai Silks (Kalamandir) IPO Date and Price Band Details
| 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
| Application | Lot | Share | Amount |
| Retail (Min) | 01 | 67 | 14,874 |
| Retail (Max) | 13 | 871 | 193,362 |
| S-HNI (Min) | 14 | 938 | 207,236 |
| S-HNI (Max) | 66 | 4,489 | 996,558 |
| B-HNI (Min) | 67 | 4,556 | 1011,432 |
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
| Ratio | Values |
| PE Ratio | 27.37 |
| ROCE | 23.55% |
| ROE | 27.96% |
| Market Cap | 3404.73Cr. |
| RoNW | 24.56% |
| EPS | ₹8.11 |
Sai Silks (Kalamandir) Ltd Financials
Sai Silks (Kalamandir) Financials(in Crores)
| Year | Total Assets | Revenue | Profit |
|---|---|---|---|
| 2021 | ₹665.42 | ₹679.10 | ₹5.13 |
| 2022 | ₹842.49 | ₹1133.02 | ₹57.69 |
| 2023 | ₹122045 | ₹1358.92 | ₹97.59 |
Sai Silks (Kalamandir) IPO Review
| Happiest Post | Avoid |
| Anand Rathi | Not Rated yet |
| Angle One | Not Rated yet |
| Axis Capital | Not Rated yet |
| HDFC Securities | Not Rated yet |
| ICICI Direct | Not Rated yet |
| Kotak Securities | Not Rated yet |
| Motilal Oswal | Not Rated yet |
| Sharekhan | Not 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.
Sai Silks (Kalamandir) Ipo Rating
Review For Listing Gain
Review For Short term
Review For Long term
Promoters
- Nagakanaka Durga Prasad Chalavadi
- Jhansi Rani Chalavadi
Contact Details of Sai Silks (Kalamandir)
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
Website:www.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
Website:www.bigshareonline.com
Conclusion
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
Also Read
How to Apply the Sai Silks IPO with Zerodha?
- Open your Zerodha kite app and visit the Account tab, then see for console and click on IPO.
- If you are a Desktop user then Log in to the Console on Zerodha Website. Go to Portfolio and Click on IPO.
- You will see the IPO name "Aeroflex Industries Ltd".
- Then, Click on Bid Button.
- Then, Enter your UPI ID.
- Then, Fill in the Quantity and Price. (we recommend, that you should choose the cutoff price.)
- Then Submit the IPO Application Form.
- 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.
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