Silkflex Polymers
Silkflex Polymers Info
Details about the Silkflex Polymers IPO. Opening Date of Silkflex Polymers is 07 May 24 and Closing Date is 10 May 24 . Face Value of Each share of Silkflex Polymers is ₹10 per share. Fixed price of Silkflex Polymers is ₹52. The Lot size of Silkflex Polymers is 2,000 shares. Total issue size of Silkflex Polymers IPO is ₹18.11 cr. Fresh Issue of Silkflex Polymers IPO is 18.11 cr. This is a Fixed Price Issue IPO. Expected to list on NSE SME. Share Holding Pre Issue of Silkflex Polymers is 8,125,000. Share Holding Post Issue of Silkflex Polymers is 11,607,000.
Business Summary
Silkflex Polymers is engaged in the trading of the textile printing inks and water-based wood coating polymers products of a Malaysian based brand- “Silkflex” produced by Silkflex Polymers SDN BHD (“Silkflex Malaysia”).
Silkflex Malaysia, are one of the garment printing ink manufacturers of Malaysia. Silkflex Malaysia manufactures its products through its manufacturing unit located in Malaysia and the same products are then supplied around the globe through its authorised agents. The list of countries where Silkflex Malaysia supplies the products includes India, Thailand, Turkey, Russia, Sri Lanka, Bangladesh and Indonesia.
Company offers a wide variety of products which consists of 108 textile printing ink products and 51 wood coating polymers products.
Silkflex Polymers IPO Details
| Open Date | 07 May 24 |
|---|---|
| Close Date | 10 May 24 |
| Face Value | ₹10 per shares |
| Price | ₹52 |
| Lot Size | 2,000 Shares |
| Total issue Size | 3,482,000 Shares ₹18.11 cr |
| Fresh Issue | 3,482,000 Shares ₹18.11 cr |
| Issue Type | Fixed Price Issue |
| Listing At | NSE SME |
| Share Holding Pre Issue | 8,125,000 |
| Share Holding Post Issue | 11,607,000 |
| Market Maker | Shreni Shares |
| Market Maker Portion | 178,000 Shares |
| RHP , DHRP | View RHP, View DRHP |
Silkflex Polymers IPO Timeline
The Silkflex Polymers Initial Public Offering (IPO) is set to open on 07 May 24 and will end its subscription phase on 10 May 24. You can check your allotment status for Silkflex Polymers on 13 May 24. The refund process for your funds will start promptly on 14 May 24. Silkflex Polymers IPO credit of shares will be on 14 May 24. The listing date for Silkflex Polymers is on 15 May 24.
Open Date
Close Date
Basis Of Allotment
Initialization of Refund
Credit of Share
Listing Date
Silkflex Polymers IPO Reservation
The Silkflex Polymers IPO reserves shares for different investor categories. Approximately 50% of the Net Issue will be available for NII, 50% of the Net Issue will be available for Retail,
178,000 Shares will be reserved for subscription by Shreni Shares
| Investor Category | Shares Offered |
|---|---|
| NII | 50% of the Net Issue |
| Retail | 50% of the Net Issue |
Silkflex Polymers IPO Lot Size
Bids can be made for minimum of 2000 shares and in multiple of 2000 equity shares thereafter
| Application | Lot | Shares | Amount |
|---|---|---|---|
| Retail (Min) | 1 | 2,000 | 104,000 |
| Retail (Max) | 1 | 2,000 | 104,000 |
| HNI (Min) | 2 | 4,000 | 208,000 |
Silkflex Polymers IPO Promoters Holding
Promoters holding details for Silkflex Polymers in the current issue is as follows: The share holding of promoters before the issue stands at 99.84%, and after the issue, it has been adjusted to 69.89%.
Promoters of Silkflex Polymers are Mr. Tushar Lalit Kumar Sanghavi, Ms. Urmi Raj Mehta, M/s. Tushar Lalitkumar Sanghavi HUF, M/s. Lalitbhai H Sanghvi HUF,
| Share Holding Pre Issue | 99.84% |
|---|---|
| Share Holding Post Issue | 69.89% |
Silkflex Polymers Financial Information
Financial performance details for Silkflex Polymers over the years are as follows: The table below presents key financial indicators, including Assets, Revenue, and Profit After Tax (PAT).
| Period | 31 Dec 23 | 31 Mar 23 | 31 Mar 22 | 31 Mar 21 |
|---|---|---|---|---|
| Assets | 3,446.35 | 2,374.73 | 1,968.81 | 1,314.06 |
| Revenue | 3,381.55 | 3,442.25 | 2,804.52 | 2,096.07 |
| Profit After Tax | 256.66 | 78.59 | 68.59 | 45.35 |
Silkflex Polymers IPO Key Performance Indicator
Key Performance Indicators (KPIs) for Silkflex Polymers are outlined below. Monitoring these KPIs provides insights into the company's operational and strategic performance. The table presents various performance indicators along with their corresponding values.
| KPI | Value |
|---|---|
| P/E (x) | 53.76 |
| ROCE | 41.04% |
| ROE | 23.91% |
| RoNW | 23.91% |
| EPS (Rs) | 0.97 |
Object of the Issue
- • Acquisition of land
- • Funding of capital expenditure requirements of the Company towards purchase of Plant and Machineries
- • Funding Working Capital Requirements of the Company
- • General corporate purposes
Contact Details for Silkflex Polymers
Phone
Office
Daga Complex Sulati Jaladhulagori Sankrail, Howrah-711302
Registrar Details for Silkflex Polymers
Bigshare Services Pvt Ltd
Phone
Office
S6-2, 6th Floor, Pinnacle Business Park, Next to Ahura Centre, Mahakali Caves Road, Andheri (East) Mumbai – 400093 MH, India.
Lead Manager
- • Shreni Shares Limited