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 Opening Date Sep 27, 2018
IPO Closing Date Oct 3, 2018
Issue Type Fixed Price Issue IPO
Face Value ₹10 per equity share
IPO Price ₹36 per equity share
Market Lot 3000 Shares
Min Order Quantity 3000 Shares
Listing At NSE SME
Issue Size1,356,000 Eq Shares of ₹10
(aggregating up to ₹4.88 Cr)

Silgo Retail IPO Tentative Timetable

The Silgo Retail IPO open date is Sep 27, 2018, and the close date is Oct 3, 2018. The issue may list on Oct 11, 2018.

IPO Open Date Sep 27, 2018
IPO Close Date Oct 3, 2018
Basis of Allotment Date Oct 8, 2018
Initiation of Refunds Oct 9, 2018
Credit of Shares to Demat Account Oct 10, 2018
IPO Listing Date Oct 11, 2018

Silgo Retail IPO Lot Size

The Silgo Retail IPO market lot size is 3000 shares. A retail-individual investor can apply for up to 1 lots (3000 shares or ₹108,000).

Application Lots Shares Amount (Cut-off)
Minimum 1 3000 ₹108,000
Maximum 1 3000 ₹108,000

Silgo Retail IPO Subscription Status (Bidding Detail)

The Silgo Retail IPO is subscribed 1.23 times on Oct 3, 2018 17:00. The public issue subscribed 0.50 in the retail category, in the QIB category, and 1.96 in the NII category. Check Day by Day Subscription Details (Live Status)

CategorySubscription (times)






Silgo Retail IPO Prospectus

Silgo Retail IPO Rating

Rating:Rated 3.4 stars
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Silgo Retail IPO Listing Date

Listing Date Wednesday, 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
Open: ₹36.45
Low: ₹36.10
High: ₹36.25
Last Trade: ₹36.10

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

Phone: +91-22-6263 8200

Silgo Retail IPO Reviews / Ratings

Silgo Retail IPO FAQs

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 is priced at ₹36 per equity share. The minimum order quantity is 3000 Shares.

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.

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

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

You can apply in Silgo Retail IPO online using either UPI or ASBA as 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 apply IPO online through Zerodha, Upstox, 5Paisa, Edelweiss, ICICI Bank, HDFC Bank and SBI Bank.

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.

The Silgo Retail IPO listing date is on Wednesday, October 10, 2018.

Silgo Retail IPO Message Board

Ranked Members  Ranked Members

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
1. Small Investor |Sep 20, 2018 14:28
IPO Guru IPO Guru (1500+ Posts, 800+ Likes)
This related to my My City Jaipur, but i do't Know about this Co.