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Silgo Retail Limited IPO (Silgo Retail IPO) Detail

Sep 27, 2018 - Oct 3, 2018

Incorporated in 2016, Jaipur based Silgo Retail Limited is a company engaged in the business of designing, manufacturing, wholesaling and retailing of silver jewellery.

The company It mainly deals in silver jewellery. Its product portfolio includes bracelets, necklaces, rings, earrings, jhumki, bangles and customized jewellery.

Retailing makes for 71.05% of the revenue model of the company while manufacturing adds 28.95%.

The revenue from operations was Rs 1,646.51 lakhs and Rs 497.62 lakhs for 2017-18 and 2016-17 respectively.

The Net Profit after tax for the company was Rs 94.75 lakhs in 2017-18 and Rs 18.15 lakhs in 2016-17.

The company's manufacturing facility is located at Jaipur.

There are 69 employees on the payroll of the company.

Silgo runs a program named "Dyuti" to promote women entrepreneurship in the region.

Company Promoters:

The promoters of our company are-

1. Mr. Nitin Jain
2. Mrs. Bela Agrawal

Company Financials:

Summary of financial Information (Restated)
Particulars For the year/period ended (in Rs. Lakhs)
31-Mar-18 31-Mar-17 31-Mar-16
Total Assets 902.56 244.23 1.16
Total Revenue 1,646.51 497.62 --
Profit After Tax 94.75 18.15 --

Objects of the Issue:

The objectives of the Issue are-

1. Raise funds for Long-Term Working Capital Requirements
2. Funding Expenditure for General Corporate Purposes

Silgo Retail IPO Details

Issue OpenSep 27, 2018 - Oct 3, 2018
Issue TypeFixed Price Issue IPO
Issue Size1,356,000 Eq Shares of Rs 10
(aggregating up to Rs 4.88 Cr)
Face ValueRs 10 Per Equity Share
Issue PriceRs 36 Per Equity Share
Market Lot3000 Shares
Min Order Quantity3000 Shares
Listing AtNSE SME

Silgo Retail IPO Tentative Date / Timetable

Bid/Offer Opens OnSep 27, 2018
Bid/Offer Closes OnOct 3, 2018
Finalisation of Basis of AllotmentOct 8, 2018
Initiation of RefundsOct 9, 2018
Credit of Shares to Demat Acct:Oct 10, 2018
IPO Shares Listing Date:Oct 11, 2018

Silgo Retail IPO Subscription Status (Bidding Detail)

Silgo Retail IPO how much subscribed?

No. of Times Issue Subscribed (BSE + NSE)

As on Date & Time




Shares Offered




Oct 3, 2018 17:00




Silgo Retail IPO Prospectus

Silgo Retail IPO Rating

Rating:Rated 3.4 stars

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Silgo Retail IPO Listing Date

Listing DateWednesday, October 10, 2018
BSE Script Code
Listing In
Issue PriceRs 36 Per Equity Share
Face ValueRs 10 Per Equity Share

Listing Day Trading Information

Issue Price
Last Trade
Issue Price:Rs 36.00
Open:Rs 36.45
Low:Rs 36.10
High:Rs 36.25
Last Trade:Rs 36.10

Silgo Retail IPO Reviews / Ratings

Company Contact Information

Silgo Retail Limited
B-11, Mahalaxmi Nagar
Jawahar Lal Nehru Marg,
Jaipur, Rajasthan- 302 017

Phone: +91-0141-4919655

Silgo Retail IPO Registrar

Bigshare Services Pvt Ltd
   1st Floor, Bharat Tin Works Building,
   Opp. Vasant Oasis,Makwana Road,
   Marol, Andheri(E), Mumbai - 400 059

Phone: +91-22-6263 8200

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Silgo Retail IPO Review / Comments

3. GrowYourMoney  Sep 27, 2018 17:16 I Like It. 2 | Report Abuse
Top Contributor Top Contributor (200+ Posts, 300+ Likes)
@Small Investor no one in universe knows about the Co
2. GrowYourMoney  Sep 23, 2018 21:39 I Like It. 2 | Report Abuse
Top Contributor Top Contributor (200+ Posts, 300+ Likes)
Another simple choice IPO..... Clear Avoid
Small Investor
1. Small Investor  Sep 20, 2018 14:28 I Like It. 2 | Report Abuse
IPO Mentor IPO Mentor (800+ Posts, 300+ Likes)
This related to my My City Jaipur, but i do't Know about this Co.

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