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Silkflex Polymers (India) Ltd

IPO Details · GMP · Subscription · Financials

✅ Listed BSE SME SME Live Chart
Issue Price
TBA
Per Share
GMP
NIL
Grey Market
Est. Listing
N/A
Expected Price
Min. Application
Price × Lot
Lot size TBD
IPO Issue Details
Issue Price / Price BandNot Available
Face Value₹10 Per Share
Lot SizeAs per Final Prospectus
Total Issue SizeNot Available
Issue TypeBook Built Issue
Sale Type / CategoryFresh Issue
Exchange / PlatformBSE SME
IPO TypeSME
Subscription OpenTue, 07 May 2024
Subscription CloseFri, 10 May 2024
Anchor AllotmentMon, 06 May 2024
Basis of AllotmentMon, 13 May 2024
Initiation of RefundsTue, 14 May 2024
Credit of Shares to DematTue, 14 May 2024
Listing DateWed, 15 May 2024
UPI Mandate Deadline2024-05-10
Application & Investment Details
Retail — Min (1 Lots)₹1,04,000 — 2,000 shares
Retail — Max (13 Lots)As per Final Prospectus
HNI — Min (2 Lots)₹2,08,000 — 4,000 shares
EPS (Pre-IPO)₹0.97
EPS (Post-IPO)₹2.95
P/E Ratio (Pre-IPO)53.76x
P/E Ratio (Post-IPO)17.64x
About Silkflex Polymers (India) Ltd

Incorporated on May 13, 2016, Silkflex Polymers India Limited trades textile printing inks and water-based wood coating polymers produced by Silkflex Polymers SDN BHD, a Malaysian brand.The company offers 108 textile printing ink products and 51 wood coating polymer products. As of May 1, 2024, the registered office of the Company is situated in the state of West Bengal. Additionally, the company has 5 branch offices across India, with one in each of the following states: Gujarat, Maharashtra, Tamil Nadu, Rajasthan, and Punjab.Silkflex Polymers India Limited sells products from Silkflex Polymers Sdn. Bhd. Malaysia, the leading manufacturer of garment printing ink in Malaysia. With a state-of-the-art thermal reactor, they have a capacity of 1000 MT per month.The company sells its products in five Indian states - West Bengal, Tamil Nadu, Punjab, Rajasthan, and Gujarat.As of December 31, 2023, the company has 28 permanent employees at its offices.

Objects of the Issue

Silkflex Polymers (India) Ltd proposes to utilise the net proceeds from the Issue for the following objects:

1
Acquisition of land;
2
Funding of capital expenditure requirements of the Company towards purchase of Plant and Machinerie
3
Funding Working Capital Requirements of the Company; and
4
General corporate purposes.
Shareholding & Lock-in
Pre-IPO Promoter Holding Not Available
Post-IPO Promoter Holding Not Available
Check AllotmentCheck Status →
Silkflex Polymers (India) Ltd — Live Price LIVE
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Live Price
Quick Facts
GMP Signal ⚪ No GMP
StatusListed
Issue PriceTBA
GMPNIL
Est. ListingTBA
Lot SizeN/A
Min AmountN/A
Listing Date15 May 2024
Disclaimer: GMP is unofficial and unregulated. It does not guarantee actual listing price.
Listing Performance
Issue PriceTBA
Listing Date15 May 2024
Listing Price
Listing Gain/Loss—%
52-Week High
52-Week Low
Issue Structure & Reservation
Category Shares Offered % Issue Amount (₹ Cr)* Subscription
TOTAL 3,482,000 100.00%
* Based on issue price
Lot Size & Investment Details
Lot size details will be announced with the price band.
Company Financials — Restated Consolidated (Amount in ₹ Lakhs)
Particulars31 Dec 202331 Mar 202331 Mar 2022
Revenue from Operations 3381.55 3442.25 2804.52
EBITDA N/A N/A N/A
Profit After Tax (PAT) 256.66 78.59 68.59
Net Worth 1073.28 816.62 738.03
Total Assets 3446.35 2374.73 1968.81
Reserves & Surplus 260.78 566.62 488.03
Total Borrowings 1716.18 1208.31 994.50
Key Ratios & Valuation
Issue Price TBA
Face Value ₹10 Per Share
P/BV 3.94
RoE 23.91%
RoCE 41.04%
RoNW 23.91%
PAT Margin (%) 7.67%
EBITDA Margin (%) N/A
Debt / Equity 1.60
Company Details
Company
Silkflex Polymers (India) Ltd
Exchange
BSE SME
IPO Type
SME IPO
Issue Type
Book Built Issue
Face Value
₹10 Per Share
Script Code
N/A
Address
Daga Complex Sulati Jaladhulagori Sankrail, Howrah, West Bengal, 711302
Book Running Lead Managers
Shreni Shares Ltd
Book Running Lead Manager (BRLM)