Silgo Retail IPO is all set to make its debut on 27th Sept 18 with 4.88 Cr is a company engaged in the business of designing, manufacturing, wholesaling and retailing of silver jewellery.
Silgo Retail IPO – overview
| IPO Dates | 27th sept – 3rd Oct 2018 |
| IPO Price | INR 36 per share |
| Fresh issue | – |
| Offer For Sale | Nil |
| Total IPO size | 1,356,000 shares (INR 4.88 crore) |
| Minimum bid (lot size) | 3000 shares |
| Face Value | INR 10 per share |
| Retail Allocation | 50% |
| Listing On | NSE Emerge |
Silgo Retail IPO – Tentative Dates
| IPO Offer Opening Date | 27 Sept 2018 |
| IPO Closing Date | 3 Oct 2018 |
| Finalization of Basis of Allotment | 8 Oct 2018 |
| Initiation of refunds | 9 Oct 2018 |
| Transfer of shares to demat accounts | 10 Oct 2018 |
| IPO Listing Date | 11 Oct 2018 |
Company Overview
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 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.
Objects of the Issue
- Raise funds for Long-Term Working Capital Requirements.
- Funding Expenditure for General Corporate Purposes
Company Financials
| Particulars | 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 | – |
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
Phone: +91-22-6263 8200
Email: ipo@bigshareonline.com
Website: https://www.bigshareonline.com/
Silgo Retail IPO Lead Manager(s)
- Aryaman Financial Services Limited (Past IPO Performance)
Lead Manager Reports
- IPO Lead Manager Performance Summary
- IPO Lead Manager Performance Tracker
