Sai Silks IPO Description – Incorporated in 2005, Sai Silks (Kalamandir) offers various types of ultra-premium and premium sarees suitable for weddings, party wear, occasional and daily wear, lehengas, men’s ethnic wear, children’s ethnic wear and value fashion products comprising fusion wear and western wear for women, men, and children.
Sai Silks has four different format stores:
- Kalamandir: Here it offers contemporary ethnic fashion for the middle income, this includes varieties of sarees, such as Tusser, Silk, Kota, Kora, Khadi, Georgette, Cotton, and Matka.
- VaraMahalakshmi Silks: Here it offers premium ethnic silk sarees and handlooms targeting wedding and occasional wear, such as Banarasi, Patola, Kota, Kanchipuram, Paithani, and Organza, Kuppadam, with a focus on handlooms such as Kacheepuram silk sarees.
- Mandir: Here it offers ultra-premium designer sarees targeting high net worth individuals, such as designer sarees such as Banarasi, Patola, Ikat, Kanchipuram, Paithani, Organza, and Kuppadam.
- KLM Fashion Mall: Here it offers value fashion at affordable price points, such as fusion wear, sarees for daily wear, and western wear for women, men, and children.
As of 31 May 2022, the company has over 46 stores in four south Indian states namely Andhra Pradesh, Telangana, Karnataka, and Tamil Nadu, with an aggregate area of 550,815 square feet. The company recorded INR 1,129.32 crore, INR 677.25 crore, and INR 1,175.56 crore in revenue from operations in the FY 2022, 2021, and 2020 respectively. The EBITDA has increased from INR 103.71 crore in FY 2020 to INR 133.05 crore in FY 2022, while the EBITDA Margin has increased from 8.82% in FY 2020 to 11.78% in FY 2022.
Promoters of Sai Silks (Kalamandir) – Nagakanaka Durga Prasad Chalavadi and Jhansi Rani Chalavadi
Sai Silks (Kalamandir) IPO Details
| Sai Silks IPO Dates | Coming soon |
| Sai Silks IPO Price | Coming soon |
| Fresh issue | INR 600 crore |
| Offer For Sale | 18,048,440 shares |
| Total IPO size | Coming soon |
| Minimum bid (lot size) | Coming soon |
| Face Value | INR 2 per share |
| Retail Allocation | 35% |
| Listing On | BSE, NSE |
Sai Silks (Kalamandir) Financial Performance
| FY 2020 | FY 2021 | FY 2022 | |
| Revenue | 1,175.56 | 677.25 | 1,129.32 |
| Expenses | 1,125.24 | 671.79 | 1,055.73 |
| Net income | 42.12 | 5.39 | 57.67 |
| Margin (%) | 3.58 | 0.80 | 5.11 |
Sai Silks Offer News
Sai Silks (Kalamandir) Valuations & Margins
| FY 2020 | FY 2021 | FY 2022 | |
| EPS | 3.59 | 0.43 | 4.79 |
| PE ratio | – | – | – |
| RONW (%) | 18.18 | 2.11 | 19.19 |
| NAV | – | – | 24.99 |
| ROCE (%) | 24.39 | 8.51 | 21.71 |
| EBITDA (%) | 8.82 | 9.21 | 11.78 |
| Debt/Equity | 0.71 | 0.89 | 0.87 |
Sai Silks IPO GMP Today (Daily Trend)
Sai Silks (Kalamandir) IPO Subscription – Live Updates
Coming soon
Sai Silks (Kalamandir) IPO Allotment Status
Sai Silks (Kalamandir) IPO allotment status will be available on Bigshare Services’ website. Click on this link to get allotment status.
Sai Silks IPO Dates & Listing Performance
| Sai Silks IPO Opening Date | Coming soon |
| Sai Silks IPO Closing Date | Coming soon |
| Finalization of Basis of Allotment | Coming soon |
| Initiation of refunds | Coming soon |
| Transfer of shares to demat accounts | Coming soon |
| Sai Silks IPO Listing Date | Coming soon |
| Opening Price on NSE | Coming soon |
| Closing Price on NSE | Coming soon |
Sai Silks (Kalamandir) IPO Reviews – Subscribe or Avoid?
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Sai Silks (Kalamandir) Offer Lead Manager
MOTILAL OSWAL INVESTMENT ADVISORS LIMITED
Motilal Oswal Tower, Rahimtullah Sayani Road,
Opposite Parel ST Depot, Prabhadevi,
Mumbai- 400 025, Maharashtra, India
Tel: +91 22 7193 4380
Email: [email protected]
Website: www.motilaloswalgroup.com
Sai Silks (Kalamandir) Offer Registrar
BIGSHARE SERVICES PRIVATE LIMITED
S6-2, 6th Floor, Pinnacle Business Park,
Next to Ahura Centre, Mahakali
Caves Road, Andheri East, Mumbai – 400 093
Phone: +91 22 6263 8200
Email: [email protected]
Website: www.bigshareonline.com
SAI SILKS (KALAMANDIR) LIMITED
6-3-790/8, Flat No. 1, Bathina Apartments,
Ameerpet, Hyderabad 500 016, Telangana, India
Phone: +91 40 6656 6555
Email: [email protected]
Website: www.sskl.co.in
Sai Silks (Kalamandir) IPO FAQs
How many shares in Sai Silks (Kalamandir) IPO are reserved for HNIs and retail investors?
The investors’ portion for QIB – 50%, NII – 15%, and Retail – 35%.
How to apply in Sai Silks (Kalamandir) Public Offer?
The best way to apply in Sai Silks (Kalamandir) public offer is through Internet banking ASBA (know all about ASBA here). You can also apply online through your stock broker using UPI. If you prefer to make paper applications, fill up an offline IPO form and deposit the same to your broker.
What is Sai Silks IPO GMP today?
Sai Silks IPO GMP today is INR NA per share.
What is Sai Silks (Kalamandir) kostak rate today?
Sai Silks (Kalamandir) kostak rate today is INR NA per application.
What is Sai Silks (Kalamandir) Subject to Sauda rate today?
Sai Silks (Kalamandir) Subject to Sauda rate today is INR NA per application.
