Bookbuilding IPO | ₹89 Cr | Listing at BSE, NSE | Mon, Feb 11, 2013 - Wed, Feb 13, 2013
Sai Silks (Kalamandir) IPO is a book build issue of ₹89.00 crores. The issue is entirely a fresh issue of 1.19 crore shares of ₹89.00 crore.
Sai Silks (Kalamandir) IPO bidding started from Feb 11, 2013 and ended on Feb 13, 2013.
Sai Silks (Kalamandir) IPO is set issue price band at ₹70 to ₹75 per share. The lot size for an application is 200 shares. The minimum amount of investment required by an individual investor (retail) is ₹15,000 (200 shares) (based on upper price). The lot size investment for sNII is 14 lots (2,800 shares), amounting to ₹2,10,000, and for bNII, it is 67 lots (13,400 shares), amounting to ₹10,05,000.
Ashika Capital Ltd. is the book running lead manager and Bigshare Services Pvt.Ltd. is the registrar of the issue.
Refer to Sai Silks (Kalamandir) IPO RHP for detailed Information.
IPO Open
Mon, Feb 11, 2013
IPO Close
Wed, Feb 13, 2013
Price Band
₹70 to ₹75
Market Cap (Pre-IPO)
To be declared
| IPO Date | 11 to 13 Feb, 2013 |
| Listing Date | [.] |
| Face Value | ₹10 per share |
| Price Band | ₹70 to ₹75 |
| Lot Size | 200 Shares |
| Sale Type | Fresh capital only |
| Issue Type | Bookbuilding IPO |
| Listing At | BSE, NSE |
| Total Issue Size | 1,18,66,666 shares (agg. up to ₹89 Cr) |
| Fresh Issue | 1,18,66,666 shares (agg. up to ₹89 Cr) |
| Share Holding Pre Issue | 2,02,20,000 shares |
| Share Holding Post Issue | 3,20,86,666 shares |
Sai Silks (Kalamandir) IPO comprises a total issue size of 1,27,14,200 shares. Out of which, 12,71,420 are allocated to QIB, 44,49,970 (35.00%) allocated to NII 69,92,810 (55.00%) allocated to RII.
| Investor Category | Shares Offered | % of Total Issue | Max Allottees |
|---|---|---|---|
| QIB Shares Offered | 12,71,420 | NA | |
| − QIB (Ex. Anchor) Shares Offered | 12,71,420 | NA | |
| NII (HNI) Shares Offered | 44,49,970 | 35.00% | NA |
| Retail Shares Offered | 69,92,810 | 55.00% | 34,964 |
| Total Shares Offered | 1,27,14,200 | 100.00% |
Investors can bid for a minimum of 200 shares and in multiples thereof.
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (Min) | 1 | 200 | ₹15,000 |
| Retail (Max) | 13 | 2,600 | ₹1,95,000 |
| S-HNI (Min) | 14 | 2,800 | ₹2,10,000 |
| S-HNI (Max) | 66 | 13,200 | ₹9,90,000 |
| B-HNI (Min) | 67 | 13,400 | ₹10,05,000 |
Incorporated in 2005, Sai Silks (Kalamandir) Ltd is in the business of retailing of sarees under the brand name of Kalamandir , Mandir and Varmahalakshmi. Company has a mainly presence in south India with network of 12 retail outlets. Sai Silks (Kalamandir) mainly focus on Women’s Ethnic wear.
Company's ranges of products are:
1. Sarees
2. Women’s dress materials
3. Men’s wear
4. Kid’s wear
5. Gold Jewellery & Silver Jewellery
Currently, they sell different varieties of sarees for different occasions and ready-made apparels for women, men and kids in their retail outlets. Sale of gold jewellery in their retail outlets under franchise model with its group concern Sai Swarnamandir Jewellers Private Limited ("SSJPL").
The Sai Silks (Kalamandir) IPO IPO subscription status. Full data available on IPOMatrix.com.
| Category | Subscription (times) | Shares Offered | Shares bid for | |
|---|---|---|---|---|
| Total | - | - | - | |
ICRA has assigned an IPO Grade 2 to Sai Silks (Kalamandir) Ltd IPO. This means as per ICRA, company has 'Below Average Fundamentals'. ICRA assigns IPO grading on a scale of 5 to 1, with Grade 5 indicating strong fundamentals and Grade 1 indicating poor fundamentals. Read Sai Silks (Kalamandir) IPO Report
Lead Manager Reports
Sai Silks (Kalamandir) IPO is a main-board IPO of 1,18,66,666 equity shares of the face value of ₹10 aggregating up to ₹89 Crores. The issue is priced at ₹70 to ₹75. The minimum order quantity is 200.
The IPO opens on Mon, Feb 11, 2013, and closes on Wed, Feb 13, 2013.
Bigshare Services Pvt.Ltd. is the registrar for the IPO. The shares are proposed to be listed on BSE, NSE.
Zerodha customers can apply online in Sai Silks (Kalamandir) IPO using UPI as a payment gateway. Zerodha customers can apply in Sai Silks (Kalamandir) IPO by login into Zerodha Console (back office) and submitting an IPO application form.
Steps to apply in Sai Silks (Kalamandir) IPO through Zerodha
Visit Zerodha IPO Application Process Review for more detail.
The Sai Silks (Kalamandir) IPO opens on Mon, Feb 11, 2013 and closes on Wed, Feb 13, 2013.
Sai Silks (Kalamandir) IPO lot size is 200, and the minimum amount required for application is ₹15,000.
You can apply in Sai Silks (Kalamandir) IPO online using either UPI or ASBA as a payment method. ASBA IPO application is available in the net banking of your bank account. UPI IPO Application is offered by brokers who don't offer banking services. Read more detail about applying IPO online through Zerodha, Upstox, 5Paisa, Nuvama, HDFC Bank, and SBI Bank.
The finalization of Basis of Allotment for Sai Silks (Kalamandir) IPO will be done on [.], and the allotted shares will be credited to your demat account by . Check the Sai Silks (Kalamandir) IPO allotment status.
The Sai Silks (Kalamandir) IPO listing date is not yet announced. The tentative date of listing is .
