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Open
7 May 2024
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Close
10 May 2024
3
Allotment
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Listing
Wed, May 15, 2024
Price Band
₹52 per share
Issue Size
34,82,000 shares (agg. up to ₹18 Cr)
Lot Size
2,000 Shares
Listing Date
Wed, May 15, 2024
Latest GMP
₹15
Est. Gain
28.85%
✦ AI Insight
GMP Trend
15-05-2024₹15Est. ₹67+28.85%
14-05-2024₹15Est. ₹67+28.85%
13-05-2024₹12Est. ₹64+23.08%
Live Subscription
| Category | Subscription (times) |
|---|---|
| Total | 36.59x |
Restated Financials (₹ Cr.)
| Period Ended | 31 Dec 2023 | 31 Mar 2023 | 31 Mar 2022 | 31 Mar 2021 |
|---|---|---|---|---|
| Assets | 34.46 | 23.75 | 19.69 | 13.14 |
| Total Income | 33.82 | 34.42 | 28.05 | 20.96 |
| Profit After Tax | 2.57 | 0.79 | 0.69 | 0.45 |
| NET Worth | 10.73 | 8.17 | 7.38 | 5.14 |
| Reserves and Surplus | 2.61 | 5.67 | 4.88 | 3.08 |
| Total Borrowing | 17.16 | 12.08 | 9.95 | 6.13 |
| Amount in ₹ Crore |
Peer Comparison
| Company | Issue Type | Issue Size | Issue Price | PE Ratio | Listing Day Close | Listing Gain/Loss % | LTP |
|---|---|---|---|---|---|---|---|
| Accent Microcell Ltd. | SME | ₹78.40 Cr | ₹140 | 13.92 | ₹315.00 | +125.00% | ₹642.95 |
| Deepak Chemtex Ltd. | SME | ₹23.04 Cr | ₹80 | 10.14 | ₹159.60 | +99.50% | ₹78.50 |
| Saroja Pharma Industries India Ltd. | SME | ₹9.11 Cr | ₹84 | 23.25 | ₹68.25 | -18.75% | ₹40.00 |
| Platinum Industries Ltd. | Mainboard | ₹235.32 Cr | ₹171 | 18.73 | ₹221.20 | +29.36% | ₹232.47 |
Objects of the Issue
| # | Issue Objects | Est Amt (₹ Cr.) |
|---|---|---|
| 1 | Acquisition of land | 5.53 |
| 2 | Funding of capital expenditure requirements of the Company towards purchase of Plant and Machineries | 2.08 |
| 3 | Funding Working Capital Requirements of the Company | 4.68 |
| 4 | General corporate purposes | 4.11 |
About Silkflex Polymers IPO
Updated on Aug 5, 2026
Contact Details
Silkflex Polymers (India) Ltd. AddressDaga ComplexSulati JaladhulagoriSankrailHowrah, West Bengal, 711302+91 9674912615investors@silkflexindia.inVisit Website