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 Open	Sep 27, 2018 - Oct 3, 2018
Issue Type	Fixed Price Issue IPO
Issue Size	1,356,000 Eq Shares of Rs 10 (aggregating up to Rs 4.88 Cr)
Face Value	Rs 10 Per Equity Share
Issue Price	Rs 36 Per Equity Share
Market Lot	3000 Shares
Min Order Quantity	3000 Shares
Listing At	NSE SME

Silgo Retail IPO Tentative Date / Timetable

Bid/Offer Opens On	Sep 27, 2018
Bid/Offer Closes On	Oct 3, 2018
Finalisation of Basis of Allotment	Oct 8, 2018
Initiation of Refunds	Oct 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	NII	RII	Total
Shares Offered	642,000	642,000	1,284,000
Oct 3, 2018 17:00	1.96x	0.50x	1.23x

Silgo Retail IPO Prospectus

› Red Herring Prospectus

Silgo Retail IPO Rating

3.4

Rating:

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Silgo Retail IPO Listing Date

Listing Date	Wednesday, October 10, 2018
BSE Script Code
NSE Symbol	SILGO
Listing In
ISIN	INE01II01013
Issue Price	Rs 36 Per Equity Share
Face Value	Rs 10 Per Equity Share

Listing Day Trading Information

.
Issue Price
Open
Low
High
Last Trade
Volume

	NSE SME
Issue Price:	Rs 36.00
Open:	Rs 36.45
Low:	Rs 36.10
High:	Rs 36.25
Last Trade:	Rs 36.10
Volume:	9,000

Silgo Retail IPO Reviews / Ratings

Dilip Davda - Other

Company Contact Information

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

Phone: +91-0141-4919655
Email: info@silgo.in
Website: http://www.silgo.in/

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
Email: ipo@bigshareonline.com
Website: http://www.bigshareonline.com

Silgo Retail IPO Lead Manager(s)

Aryaman Financial Services limited

Lead Manager Reports

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