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Silkflex Polymers (INDIA) Limited IPO

Silkflex Polymers (INDIA) Limited IPO

IPO Date :
Issue Price :
Allotment Date :
Listing Date :
List Price :
Lot Size:
Subscription:
Listed Price: ₹ 60.00 (+15.38%)

Having completed its public offering, Silkflex Polymers (INDIA) Limited's is now listed and trading on the NSE exchange as of 15-05-2024. The IPO raised cumulative capital of 34,82,000 Shares, including 34,82,000 Shares in primary capital infusion.

The IPO was conducted with a price range of ₹52 to ₹52 and minimum investment requirement of 2000 shares. subscription activity between 07-05-2024 and 10-05-2024 reflected market assessment of the offering's valuation and prospects.

The allotment process finalized on 13-05-2024 distributed equity ownership to successful bidders. The listing established a transparent market mechanism for share trading, price discovery, and investor participation in the company's future growth.

Silkflex Polymers IPO Details
Lot(s) Distribution

Investors can bid starting from the minimum lot size specified for this IPO, and only in multiples of that lot size. The table below shows the minimum and maximum investment for retail investors and HNIs in terms of lots, quantity, and amount.

IPO Reservation
Silkflex Polymers IPO Key Performance Indicator
Company Financials ( In Lakhs )

Silkflex Polymers IPO About Company

Founded in 2016, Silkflex Polymers (India) Limited is a top manufacturer of garment printing inks, producing 1,000 MT per month. What sets the company apart is its in-house ink formulation, from polymer and resin synthesis to the final product. This integrated approach allows for precise customization, ensuring high performance. Silkflex Polymers is a trusted supplier for global brands like PUMA, C&A, and H&M, with a growing presence in European markets such as Portugal, Turkey, and Spain. Beyond garment printing inks, Silkflex Polymers Sdn. Bhd. leads in eco-friendly wood coatings with Silkflex Wood Coating—a water-based, low-VOC alternative to traditional solvent-based lacquers. Recognized by top furniture brands and prestigious establishments worldwide, it represents sustainable innovation in wood finishes. With a dedicated team of 28 employees (as of December 2023), Silkflex Polymers continues to drive quality, innovation, and eco-conscious solutions in the industry.


Note : "Calculations for ‘Shares Offered’ and ‘Total Amount’ are based on the highest price in the issue price band."


Silkflex Polymers IPO Strength Factors

  1. Wide Product Range: Silkflex Polymers (India) Limited offers a variety of innovative products, including garment printing inks and eco-friendly wood coatings. These solutions cater to industries like apparel and furniture, ensuring high-quality and sustainable options.
  2. Strategic Location: Based in India, the company benefits from a prime geographical position, allowing for efficient distribution and timely deliveries to clients across the globe.
  3. Strong Client Partnerships: Known for its quality products and exceptional service, Silkflex Polymers has built long-lasting relationships with leading apparel and furniture brands, earning their trust and continued support.

Silkflex Polymers IPO Risk Factors

  1. Dependence on Working Capital: Silkflex Polymers relies on sufficient working capital for daily operations. Any challenges in securing funds on favorable terms could disrupt business activities, affecting profitability and growth.
  2. Price Volatility Risks: The company’s trading activities are exposed to market fluctuations, which can impact revenues, profit margins, and overall financial performance.
  3. Legal Challenges: Ongoing litigation risks could negatively impact business operations, damage the company’s reputation, and lead to financial losses if legal outcomes are unfavorable.

Silkflex Polymers IPO Lead Manager(s)

  • Shreni Shares Limited

Silkflex Polymers IPO Promoter(s)

  1. Mr Tushar Lalit Kumar Sanghavi
  2. Ms Urmi Raj Mehta
  3. M/s. Tushar Lalitkumar Sanghavi HUF
  4. M/s. Lalitbhai H Sanghvi HUF



Silkflex Polymers IPO Company Details

Silkflex Polymers (INDIA) Limited
Phone:
address:

Silkflex Polymers IPO Registrar

Bigshare Services Private Limited
Name:
Phone:

Silkflex Polymers IPO FAQs