31 Mar 2020
Assets692.76
Total Income1,178.62
Profit After Tax42.10
NET Worth231.51
Reserves and Surplus208.05
Total Borrowing164.70
At a glance
Updated 2026-09-16The shares listed at ₹231.00, a 4.05% move from the issue price. Sai Silks Kalamandir is a Mainboard IPO with an issue size of ₹1,201.00 crore, proposed for listing on BSE, NSE. The offer opens on 20th Sep 2023 and closes on 22nd Sep 2023. The issue structure includes a fresh issue of ₹600.00 crore and an offer-for-sale component of ₹601.00 crore. The current listing schedule points to 27th Sep 2023.
Issue details
Listing atBSE, NSE
Issue typeBook Build Issue
Issue size₹1,201.00 Cr
Fresh issue₹600.00 Cr
Offer for sale₹601.00 Cr
Face value₹2
Price band₹210.00–₹222.00
Allotment27th Sep 2023
Listing27th Sep 2023
Listing performance
Full performance ↗Issue price₹222.00
Listing price₹231.00
Current price—
Listing gain4.05%
Current return—
Price progressionIssue → Listing → Current
Grey market
GMP page ↗Latest GMP₹7.00
GMP / upper price3.15%
Est. listing₹229.00
GMP is unofficial sentiment data, not an exchange price.
Timeline
Opens20th Sep 2023
Closes22nd Sep 2023
Allotment27th Sep 2023
Refund29th Sep 2023
Demat3rd Oct 2023
Listing27th Sep 2023
Subscription demand
Full bidding ↗Total4.47×
Lot size
| Investor | Lots | Shares | Amount |
|---|---|---|---|
| Minimum Bid | 1 | 67 | ₹14,874 |
Company
Incorporated2005
Use of proceeds
| Object | Amount |
|---|---|
| Funding capital expenditure towards setting-up of 30 new stores | ₹125.08 Cr |
| Funding capital expenditure towards setting-up of two warehouses | ₹25.40 Cr |
| Funding working capital requirements of the Company | ₹280.07 Cr |
| Repayment or pre-payment, in full or part, of certain borrowings availed by the Company | ₹50.00 Cr |
| General Corporate Purposes | ₹85.69 Cr |
Financial performance
Year-wise operating scale, profitability and balance-sheet context.Revenue1,358.92₹ Cr · +19.9% vs prior year
PAT97.59₹ Cr · +69.2% vs prior year
Assets1,220.45₹ Cr · +44.9% vs prior year
Net Worth397.33₹ Cr · +32.2% vs prior year
Borrowing345.50₹ Cr · +32.6% vs prior year
3-year financial trendRevenue / EBITDA / PAT
₹ crore31 Mar 2021
Assets665.42
Total Income679.10
Profit After Tax5.13
NET Worth242.99
Reserves and Surplus218.93
Total Borrowing217.22
31 Mar 2022
Assets842.49
Total Income1,133.02
Profit After Tax57.69
NET Worth300.66
Reserves and Surplus276.60
Total Borrowing260.49
31 Mar 2023
Assets1,220.45
Total Income1,358.92
Profit After Tax97.59
NET Worth397.33
Reserves and Surplus373.27
Total Borrowing345.50
KPIs
| KPI |
|---|
| ROE |
| ROCE |
| Debt / Equity |
| RoNW |
| PAT Margin |
Valuation & shareholding
Pre-IPO EPS8.11
Pre-IPO P/E27.37
Post-IPO P/E34.91
Promoter holding pre95.23%
Promoter holding post60.8%
Market cap₹3404.73 Cr.
Peer comparison
| Company | EPS | P/E | RoNW | NAV |
|---|---|---|---|---|
| Sai Silks (Kalamandir) IPO | — | - | — | — |
| Alpine Texworld IPO | — | 46.56 x | — | — |
| Kusumgar Limited IPO | — | 43.30 x | — | — |
| Aastha Spintex IPO | — | 25.65 x | — | — |
Issue expenses
| Expense | Amount |
|---|---|
| BRLMs' fees and commissions (including underwriting commission, brokerage and selling commission) | ₹44.65 Cr |
| Selling commission/processing fee for SCSBs, Banker(s) to the Offer, Sponsor Bank(s) and fee payable to the Sponsor Bank(s) for Bids made by RIIs(2)(3)(4) | ₹0.17 Cr |
| Bidding charges for members of the Syndicate (including their sub-Syndicate Members), Registered Brokers, RTAs and CDPs(5) | ₹0.47 Cr |
| Fees payable to the Registrar to the Offer | ₹0.35 Cr |
| Other expenses: (i) Listing fees, SEBI filing fees, upload fees, BSE and NSE processing fees, book building software fees and other regulatory expenses | ₹4.07 Cr |
| Other expenses: (ii) Printing and stationery | ₹2.46 Cr |
| Other expenses: (iii) Advertising and marketing expenses | ₹5.51 Cr |
| Other expenses: (iv) Fee payable to legal counsel | ₹6.92 Cr |
| Other expenses: (v) Fee payable to statutory auditors | ₹0.89 Cr |
| Other expenses: (vi) Miscellaneous | ₹2.10 Cr |
Registrar & lead managers
Registrar
Bigshare Services Pvt.Ltd.Lead managers
- Motilal Oswal Investment Advisors...
Offer documents
Data is reconciled from multiple public IPO sources. Official exchange filings and offer documents remain the source of truth. Last verified 2026-09-16.
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