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Silkflex Polymers (India) IPO is a book build IPO listing on NSE EMERGE exchange. The company is based in Kolkata and caters to Textiles sector. Shreni Shares is the merchant banker of Silkflex Polymers (India) IPO. It is a SME IPO which filed its Draft Red Herring Prospectus (DRHP) on 15th January 2024.
Silkflex Polymers (India) IPO open date is 7th May 2024 and close date is 10th May 2024. IPO Allotment Date is 13th May 2024 and Listing date is 15th May 2024.Silkflex Polymers (India) IPO size is Rs 18.11 Cr. crores with IPO price of Rs 52.00 Cr.. IPO subscription will start on IPO open date and end on IPO close date as per above. IPO valuation metrics can be seen here.
Shreni Shares Limited is the book-running lead manager of the Silkflex Polymers (India) IPO. Bigshare Services Private Limited is the Registrar and Market Maker is Shreni Shares Limited for Silkflex Polymers (India) IPO.
Silkflex Polymers (India) IPO Draft red herring prospectus (DRHP) and Red Herring prospectus (RHP) are available below.
Silkflex Polymers (India) IPO, based in Kolkata, operates in the Textiles sector with a focus on trades textile printing inks. The company is launching its SME IPO on the NSE EMERGE exchange, using the Fixed Price Issue method. Silkflex Polymers (India) IPO size is ₹ 18.11 Cr. Crores with fresh issue size of Rs 18.11 Cr. Crores and Offer for sale being Nil.
The IPO allotment date for Silkflex Polymers (India) IPO is expected to be 13th May 2024, after the finalization of basis of allotment. Investors can check Silkflex Polymers (India) IPO allotment status on the registrars website, Bigshare Services Private Limited. Silkflex Polymers (India) IPO refund dates are 14th May 2024.
Silkflex Polymers (India) IPO is expected to be listed on 15th May 2024.
The upper price band for the Silkflex Polymers (India) IPO is set at ₹ 52.00 per equity share. IPO price band is arrived at on the basis of IPO Valuation (P/E multiple) which is mentioned in the RHP.
For IPO analysis on Silkflex Polymers (India) IPO, explore our Financial Review Page for insights on fundamentals, peer analysis, and key IPO data, assisting investors to make informed decisions to apply or not.
To apply for the Silkflex Polymers (India) IPO, investors can use the ASBA (Application Supported by Blocked Amount) process via their bank's net banking or apply through UPI using a registered broker or trading app. The IPO is available in retail, HNI, and institutional investor categories. Investors must select the lot size, enter bid details within the price band, and submit their application before the IPO closing date of 10th May 2024. After submission, funds are blocked until the basis of allotment of Silkflex Polymers (India) IPO is finalised.
The merchant banker for Silkflex Polymers (India) IPO is Shreni Shares Limited . Shreni Shares Limited manages the IPO process, including underwriting, regulatory compliance, and investor coordination. Investors can refer to the Silkflex Polymers (India) IPO RHP for further details.
The registrar for Silkflex Polymers (India) IPO is Bigshare Services Private Limited. Investors can go to Bigshare Services Private Limited registrar website for IPO allotment status, refund processing, and other queries related to Silkflex Polymers (India) IPO through their official website or helpline.
Silkflex Polymers (India) IPO was subscribed 39.30 times. Stay updated on IPO details, subscription, and allotment news for informed investment decisions.
IPO
Size:
₹ 18.11 Cr.
Avg IPO Size (Sector Based)
:
₹ 15.70 Cr.
Sector: Textiles
SME IPO so far:
76
Merchant Banker:
Shreni Shares
SME IPO by BRLM so far:
47
City:
Kolkata
SME IPO so far:
69
Revenue (annualised):
₹ 44.64 cr.
PE
Ratio:
17.64x
Average Sector PE Ratio: 19.35x
Silkflex Polymers (India) IPO may offer opportunites, depending on your investment strategy. For in-depth analysis, risk factors, and KPIs, check our detailed report on Silkflex Polymers (India) Financial Review Page
Merchant Banker(s) of Silkflex Polymers (India) IPO: Shreni Shares Limited
Silkflex Polymers (India) IPO subscription was 39.30 X. IPO subscription refers to applications received in an IPO by each quota, i.e., QIB, Retail, and NII. In some IPOs, Eligible employee quota and shareholder’s quota are also present. Learn more about IPO subscriptions here.
Silkflex Polymers (India) IPO listed at a listing price of 58.70 against the offer price of 52.00.
The current market price of Silkflex Polymers (India) is 77.50.
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