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IPO Details


Silkflex Polymers (India) Ltd
Registered Office: Daga Complex Sulati-, Jaladhulagori Sankrail, Howrah - 711302, West Bengal
Phone: +91 96749 12615
Email: investors@silkflexindia.in
Website: www.silkflexindia.in
Initial public offering of 34,82,000 equity shares of face value of Rs. 10/- each (Equity Shares) of Silkflex Polymers (India) Limited (SPIL or The Company or The Issuer) for cash at a price of Rs. 52/- per equity share (including a premium of Rs. 42 per equity share) (Issue Price) aggregating to Rs. 18.11 crores (The Issue) of which 1,78,000 equity shares aggregating to Rs. 0.93 crores will be reserved for subscription by market maker (Market Maker Reservation Portion). The issue less the market maker reservation portion i.e. net issue of 33,04,000 equity shares of face value of Rs. 10/- each at an issue price of Rs. 52/- per equity share aggregating to Rs. 17.18 crores (Net Issue). The issue and the net issue will constitute 30.00 % and 28.47 % of the post issue paid-up equity share capital of the company. The face value of the equity shares is Rs. 10/- each and the issue price is 5.2 times of the face value.
Issue Money Payable On
Opens On Closes On Application Allotment
07-May-2024 10-May-2024 52.00 0.00
Minimum Application for shares in Nos : 2000 Further Multiples of : 2000
()Cr. Lead Managers to the Issue
Project Cost 16.40 Shreni Shares Ltd
Project Financed through Current Offer 18.11
Post Issue Equity Share Capital 11.61
Issue Price 52.00
Projects
Acquisition of Land
Funding of capital expenditure requirements of its company towards purchase of plant and machinery
Funding working capital requirements of the company
General corporate purposes
Promoted By
Tushar Lalit Kumar Sanghavi
Urmi Raj Mehta
Tushar Lalitkumar Sanghavi HUF
Listing At
NSE - SME
Registrar to the Issue
Bigshare Services Pvt Ltd

INDIAN INDICES

Sensex

83,184.80 236.57 (0.29%)

Nifty

25,415.80 38.25 (0.15%)

GLOBAL INDICES

USD

83.95 -0.07 (-0.08%)

NASDAQ

17,573.30 -54.76 (-0.31%)

HANG SENG

18013.16 353.14(2.00%)