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Open
27 Sep to 3 Oct, 2018
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Close
27 Sep to 3 Oct, 2018
3
Allotment
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Listing
Wed, Oct 10, 2018
Price Band
₹36 per share
Issue Size
13,56,000 shares (agg. up to ₹5 Cr)
Lot Size
3,000 Shares
Listing Date
Wed, Oct 10, 2018
✦ AI Insight
Live Subscription
| Category | Subscription (times) |
|---|---|
| Total | 1.17x |
Restated Financials (₹ Cr.)
| Period Ended | 31 Mar 2018 | 31 Mar 2017 | 31 Mar 2016 |
|---|---|---|---|
| Assets | 9.03 | 2.44 | 0.01 |
| Total Income | 16.47 | 4.98 | |
| Profit After Tax | 0.95 | 0.18 | |
| NET Worth | 1.14 | 0.19 | 0.01 |
| Reserves and Surplus | 1.13 | 0.18 | |
| Total Borrowing | 2.60 | 1.09 | |
| Amount in ₹ Crore |
Peer Comparison
| Company | Issue Type | Issue Size | Issue Price | PE Ratio | Listing Day Close | Listing Gain/Loss % | LTP |
|---|---|---|---|---|---|---|---|
| Sky Gold Ltd. | SME | ₹25.56 Cr | ₹180 | null | ₹180.45 | +0.25% | ₹622.45 (-1.23%) |
| U.H.Zaveri Ltd. | SME | ₹7.99 Cr | ₹36 | null | ₹25.65 | -28.75% | ₹11.05 (+1.47%) |
| Kenvi Jewels Ltd. | SME | ₹6.70 Cr | ₹36 | null | ₹39.10 | +8.61% | ₹2.14 (+4.39%) |
| Gautam Gems Ltd. | SME | ₹7.56 Cr | ₹36 | null | ₹34.60 | -3.89% | ₹3.17 (+1.60%) |
| Moksh Ornaments Ltd. | SME | ₹11.03 Cr | ₹37 | null | ₹44.40 | +20.00% | ₹11.36 (-1.05%) |
| D.P.Abhushan Ltd. | SME | ₹16.61 Cr | ₹28 | null | ₹33.60 | +20.00% | ₹1,328.15 (+1.30%) |
Objects of the Issue
| # | Issue Objects | Est Amt (₹ Cr.) |
|---|---|---|
| 1 | Funding Long Term Working Capital Requirement | 4.18 |
| 2 | Expenditure for General Corporate Purposes | 0.22 |
About Silgo Retail IPO
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.+ Read More
Contact Details
Silgo Retail Ltd. AddressB-11, Mahalaxmi NagarJawahar Lal Nehru MargJaipur, Rajasthan, 302017+91-0141-4919655info@silgo.inVisit Website