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

IPO DateSep 27, 2018 - Oct 3, 2018
Issue TypeFixed Price Issue IPO
Issue Size1,356,000 Eq Shares of ₹10
(aggregating up to ₹4.88 Cr)
Face Value₹10 Per Equity Share
IPO Price₹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 AcctOct 10, 2018
IPO Shares Listing DateOct 11, 2018

Silgo Retail IPO Lot Size and Price (Retail)

ApplicationLotsSharesAmount (Cut-off)

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

Vote Here ...

Silgo Retail IPO Listing Date

Listing DateWednesday, October 10, 2018
BSE Script Code
Listing In
IPO Price₹36 Per Equity Share
Face Value₹10 Per Equity Share

Listing Day Trading Information

IPO Price
Last Trade
IPO Price:₹36.00
Last Trade:₹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

Silgo Retail IPO FAQs

  1. 1. What is Silgo Retail IPO?

    Silgo Retail IPO is a SME IPO of 1,356,000 equity shares of the face value of ₹10 aggregating up to ₹4.88 Crores.

    The issue price of the IPO is ₹36 Per Equity Share. The minimum order quantity is 3000 Shares per application and the offer type is Fixed Price Issue.

    The IPO opens on Sep 27, 2018 and closes on Oct 3, 2018.

    Bigshare Services Pvt Ltd is the registrar for the IPO. The shares are proposed to be listed on NSE SME.

  2. 2. When Silgo Retail IPO will open?

    The Silgo Retail IPO opens on Sep 27, 2018 and closes on Oct 3, 2018.

  3. 3. How to apply for Silgo Retail IPO?

    Silgo Retail IPO application can be done through banks using ASBA online or through stock brokers trading account using UPI. All popular banks i.e. HDFC, ICICI, and SBI offer online IPO applications. An investor can also apply directly through their broker (i.e. Zerodha, Sharekhan) using UPI as a payment method.

  4. 4. When Silgo Retail IPO allotment?

    The finalization of Basis of Allotment for Silgo Retail IPO will be done on Oct 8, 2018, and the allotted shares will be credited to your demat account by Oct 10, 2018. Check the Silgo Retail IPO allotment status.

  5. 5. When is Silgo Retail IPO listing date?

    The Silgo Retail IPO listing date is on Wednesday, October 10, 2018, at NSE SME.
  6. 6. What is the lot size of Silgo Retail IPO?

    Silgo Retail IPO lot size is 3000 Shares and the minimum order quantity is 3000 Shares.

Guaranteed Save 60% to 90% Brokerage

You could reduce the brokerage cost significantly by moving to another stock broker. Our expert team compared top share brokers in India to help traders. STOP paying Demat AMC, Brokerage in %, PCM Fee and High Stamp Duty today.

We can help you choosing the right broker. Contact us today...

Silgo Retail IPO Review / Comments

3. GrowYourMoney  Sep 27, 2018 17:16
Top Contributor Top Contributor (300+ Posts, 300+ Likes)
@Small Investor no one in universe knows about the Co
2. GrowYourMoney  Sep 23, 2018 21:39
Top Contributor Top Contributor (300+ Posts, 300+ Likes)
Another simple choice IPO..... Clear Avoid
Small Investor
1. Small Investor  Sep 20, 2018 14:28
IPO Guru IPO Guru (1300+ Posts, 700+ Likes)
This related to my My City Jaipur, but i do't Know about this Co.

Search Mobile Apps:

Download Android App Downlaod iOS App