Silkflex Polymers (India) is engaged within the buying and selling of textile printing inks and water-based picket coating polymers merchandise of a Malaysian-based brand- “Silkflex” produced by way of Silkflex Polymers SDN BHD (“Silkflex Malaysia”). Silkflex Malaysia is without doubt one of the garment printing ink producers in Malaysia. Silkflex Malaysia manufactures its merchandise via its production unit positioned in Malaysia and the similar merchandise are then provided all over the world via its approved brokers. The listing of nations the place Silkflex Malaysia provides the goods comprises India, Thailand, Turkey, Russia, Sri Lanka, Bangladesh, and Indonesia. As of this date of the Draft Prospectus, the Company has the appropriate to promote the goods of Silkflex and the rights to make use of the emblem identify of Silkflex in India.
The Company provides all kinds of goods which is composed of 108 textile printing ink merchandise and 51 picket coating polymer merchandise. The Company entered into an settlement with Silkflex Malaysia on October 01, 2016, for the distribution and promoting, of the water-based textile printing ink merchandise of Silkflex. They additionally agreed with Silkflex Malaysia on October 01, 2019, for the distribution and promoting, of the picket coating polymer merchandise of Silkflex Malaysia. These agreements additionally give them the appropriate to make use of the emblem identify of Silkflex in India. Further, by way of Technology Transfer Agreement (“TTA”) dated July 25, 2023, Silkflex Malaysia has accredited them to be the producer of its merchandise in India and agreed to give you the complete proper, generation with regards to merchandise like Silkbond 35 and binder for desk glue merchandise. However, as of the date of this Draft Prospectus, the Company is within the means of putting in place the producing unit and has no longer began its manufacturing actions.
Objects of the Issue:
- Acquisition of land
- Funding of capital expenditure necessities of the Company in opposition to acquire of Plant and Machineries.
- Funding Working Capital Requirements of the Company.
- General company functions.
Silkflex Polymers IPO Review
Silkflex Polymers IPO Date & Price Band Details
IPO Open: | May 7, 2023 |
IPO Close: | May 10, 2023 |
IPO Size: | Approx ₹18.11 Crores, 3,482,000 Equity Shares |
Face Value: | ₹10 Per Equity Share |
IPO Price Band: | ₹52 Per Equity Share |
IPO Listing on: | NSE SME |
Retail Quota: | 50% of the online be offering |
QIB Quota: | [.]% of the online be offering |
NII Quota: | 50% of the online be offering |
DRHP Draft Prospectus: | Click Here |
RHP Draft Prospectus: | Click Here |
Anchor Investors in IPO: | Click Here |
Silkflex Polymers IPO Market Lot
The Silkflex Polymers IPO minimal marketplace lot is 2000 stocks with a ₹104,000 utility quantity.
Application | Lot Size | Shares | Amount |
Retail Minimum | 1 | 2000 | ₹104,000 |
Retail Maximum | 1 | 2000 | ₹104,000 |
S-HNI Minimum | 2 | 4000 | ₹208,000 |
Silkflex Polymers IPO Dates
The Silkflex Polymers IPO date is May 7 and the IPO shut date is May 10. The IPO allotment date is May 13 and the IPO may listing on May 15.
IPO Open Date: | May 7, 2023 |
IPO Close Date: | May 10, 2023 |
Basis of Allotment: | May 13, 2023 |
Refunds: | May 14, 2023 |
Credit to Demat Account: | May 14, 2023 |
IPO Listing Date: | May 15, 2023 |
You can test IPO subscription standing and IPO allotment standing on their respective pages.
Silkflex Polymers IPO Form
How to use Silkflex Polymers IPO? You can observe Silkflex Polymers IPO by the use of ASBA to be had for your checking account. Just cross to the net financial institution login and observe by the use of your checking account by way of deciding on the Silkflex Polymers IPO within the Invest phase. The different possibility you’ll be able to observe Silkflex Polymers IPO by the use of IPO bureaucracy obtain by the use of the NSE site. Check out the Silkflex Polymer IPO bureaucracy – click on NSE IPO Forms obtain, fill and publish for your financial institution or along with your dealer.
Silkflex Polymer Company Financial Report
₹ in Crores | |||
Year | Revenue | Expense | PAT |
2021 | ₹20.96 | ₹20.35 | ₹0.45 |
2022 | ₹28.05 | ₹27.12 | ₹0.69 |
2023 | ₹34.42 | ₹33.34 | ₹0.79 |
Dec 2023 | ₹33.82 | ₹30.36 | ₹2.57 |
Silkflex Polymers IPO Valuation – FY2023
Check Silkflex Polymers IPO valuations element like Earning Per Share (EPS), Price/Earning P/E Ratio, Return on Net Worth (RoNW), and Net Asset Value (NAV) main points.
Earning Per Share (EPS): | ₹0.97 according to Equity Share |
Price/Earning P/E Ratio: | 53.61 |
Return on Net Worth (RoNW): | 9.62% |
Net Asset Value (NAV): | ₹10.05 according to Equity Share |
Peer Group
- BASF India Limited
- Heubach Colorants India Limited
- Berger Paints India Limited
- Mr Tushar Lalit Kumar Sanghavi
- Ms Urmi Raj Mehta
- M/s. Tushar Lalitkumar Sanghavi HUF
- M/s. Lalitbhai H Sanghvi HUF
Silkflex Polymers IPO Registrar
Bigshare Services Pvt Ltd
Phone: +91-22-6263 8200
Email: [email protected]
Website: http://www.bigshareonline.com
Silkflex Polymers IPO Allotment Status
Check Silkflex Polymers IPO allotment standing on Bigshare site URL. Click Here
Silkflex Polymers IPO Lead Managers aka Merchant Bankers
Company Address
Silkflex Polymers (India) Limited
Daga Complex
Sulati Jaladhulagori
Sankrail, Howrah-711302
Phone: +91 9674912615
Email: [email protected]
Website: https://silkflexindia.in/
Silkflex Polymers FIPO AQs
What is Silkflex Polymers?
Silkflex Polymers IPO is an NSE SME IPO. They are going to carry ₹18.11 Crores by the use of IPO. The factor is priced at ₹52 according to fairness proportion. The IPO is to be indexed on NSE.
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What is Silkflex Polymers IPO Price Band?
Silkflex Polymers IPO Price Band is ₹52 according to fairness proportion.
What is Silkflex Polymers IPO Minimum and Maximum Lot Size?
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What is Silkflex Polymers IPO Listing Date?
Note: The Silkflex Polymers IPO main points are introduced formally. The IPO gray marketplace top rate (Silkflex Polymers Premium) is up to date at the respective web page. You can test our IPO gray marketplace web page for day by day updates.
– Source : IPOWATCH