Silkflex Polymers (India) Ltd
Price Range
₹52
Min. Quantity
2,000
Closes on
10 May 2024
Min. investment
₹1,04,000/2,000 Shares
Silkflex Polymers (India) Ltd IPO Timeline
Silkflex Polymers (India) Limited was originally incorporated on May 13, 2016 as 'Silkflex Polymers (India) Private Limited' with the Registrar of Companies, Central Registration Centre. Subsequently, the status of the Company was changed to Public Limited Company and the Company was renamed from 'Silkflex Polymers (India) Private Limited'to 'Silkflex Polymers (India) Limited' vide fresh Certificate of Incorporation dated December 21, 2023 by the Registrar of Companies, Kolkata.
| Event | Date |
|---|---|
| Silkflex Polymers (India) Ltd IPO Opening Date | 7 May 2024 |
| Silkflex Polymers (India) Ltd IPO Closing Date | 10 May 2024 |
| Basis of Allotment | 13 May 2024 |
| Initiation of Refunds | 14 May 2024 |
| Credit of Shares to Demat | 14 May 2024 |
| Silkflex Polymers (India) Ltd IPO Listing Date | 15 May 2024 |
Silkflex Polymers (India) Ltd IPO Details
| Silkflex Polymers (India) Ltd IPO Date | 7 May 2024 to 10 May 2024 |
| Silkflex Polymers (India) Ltd IPO Face Value | ₹10 per share |
| Silkflex Polymers (India) Ltd IPO Price | ₹52 to ₹0 per share |
| Silkflex Polymers (India) Ltd IPO Lot Size | 2,000 |
| Issue Size | Shares of ₹10 (aggregating up to ₹18.11 Cr) |
| Fresh Issue | Shares of ₹10 (aggregating up to ₹18.11 Cr) |
| Offer for Sale | - |
| Issue Type | Fixed Price - SME |
| Listing At | NSE - SME |
| QIB Shares Offered | - |
| Retail Shares Offered | - |
| NII (HNI) Shares Offered | - |
| Company Promoters | Tushar Lalit Kumar Sanghavi, Urmi Raj Mehta, Tushar Lalitkumar Sanghavi HUF |
Silkflex Polymers (India) Ltd IPO Lot Size
The Silkflex Polymers (India) Ltd IPO lot size is 2,000 shares. A retail-individual investor can apply for up to 1 lots (2,000 shares or ₹1,04,000).
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Minimum | 1 | 2,000 | ₹1,04,000 |
| Maximum | 1 | 2,000 | ₹1,04,000 |
- Strengths
- Risks
- Opportunities
- ZDHC certified.
- Wide range of its products.
- Location Advantage.
- Well established relationship with clients.
- Leveraging the experience of its Promoter and Directors.
- Strong Marketing Practices.
Company Financials
Silkflex Polymers (India) Ltd Financial Information (Restated)
| Period Ended | Total Assets | Total Revenue | Profit After Tax |
|---|---|---|---|
| 03-2024 | 38.92 | 59.97 | 3.93 |
| 03-2023 | 23.72 | 44.51 | 0.83 |
| 03-2022 | 19.69 | 28.05 | 0.69 |
| Amount in ₹ Crore | |||
Objects of the Issue
The company proposes to utilise the Net Proceeds from the Fresh Issue towards funding the following objects:
- Acquisition of Land
- Funding of capital expenditure requirements of its company towards purchase of plant and machinery
- Funding working capital requirements of the company
- General corporate purposes
Silkflex Polymers (India) Ltd IPO Promoter Holding
| Pre Issue Share Holding | 82.04% |
| Post Issue Share Holding | 57.43% |
Silkflex Polymers (India) Ltd IPO Subscription Status (Bidding Detail)
The Silkflex Polymers (India) Ltd IPO is subscribed 35.1206 times on 10 May 2024 05:00:00 PM. The public issue subscribed 0 times in the retail category, 0 times in the QIB category, and 0 times in the NII category. Check Day by Day Subscription Details (Live Status)
| Category | QIB | NII | Retail | Employee | Total |
| Subscription (times) | - | - | - | - | 35.1206 |
Silkflex Polymers (India) Ltd IPO Prospectus
Silkflex Polymers (India) Ltd IPO Listing Date
| Listing Date | 15 May 2024 |
| BSE Script | 92756 |
| NSE Symbol | SILKFLEX |
| Listing In | NSE - SME |
| ISIN | INE0STN01015 |
| IPO Price | ₹52 |
| Face Value | ₹10 |
Company Contact Information
Daga Complex Sulati-Jaladhulagori Sankrail,Howrah-711302
Phone: +91 96749 12615
Email: investors@silkflexindia.in
Website: www.silkflexindia.in
Silkflex Polymers (India) Ltd IPO Registrar
Silkflex Polymers (India) Ltd IPO Lead Manager(s)
- Shreni Shares Ltd
FAQ
What is the issue size of Silkflex Polymers (India) Ltd IPO?
I have pre-applied for Silkflex Polymers (India) Ltd IPO. When will my order get placed?
In case of pre-apply, your IPO order will be placed on the Exchange as soon as the official bidding for TBI Corn Ltd IPO begins. You will receive a UPI request within 24 hours after the bidding period opens.