Discover key details about Sai Silks (Kalamandir) Limited IPO - the opening and closing dates, price band, lot size, and more.
Founded in 2005, Sai Silks (Kalamandir) Ltd is a top South Indian ethnic saree retailer, known for brands like Kalamandalam, with a presence in AP, TN, Telangana, & Karnataka.
· IPO Date: 20th Sep – 22nd Sep 2023 · Total Issue Size: Rs. 1,201 Crore · Price Band: Rs. 210 - 222 per share · Lot Size: 67 Shares in each lot · Allotment Date: 27thSeptember 2023 · Listing Date: 4thOctober 2023 · Minimum Investment: Rs 14,874
· Sai Silks is a Leading Indian ethnic & value fashion · Strong portfolio and sales in South India · Thrives in online & offline markets · Consistent profitability, and efficient operations
· Women's saree focus: Vulnerable to demand shifts · Real estate risk: Attractive locations and prices are crucial · South India revenue: Susceptible to regional challenges
· Fund 25 new stores · 2 warehouses and working capital · Debt repayment and general corporate needs.