Silky Overseas Limited IPO...
28 Jun, 2025
Silky Overseas Limited IPO
In order to raise 30.68 crore, Silky Overseas Limited plans to offer 19.06 lakh new equity shares in its SME IPO. The IPO is scheduled to start on June 30, 2025 and end on July 2, 2025. It has a minimum lot of 800 shares, a price range of ₹153 to ₹161 per share and a minimum retail investment of ₹1,22,400. On July 7, 2025, the shares will be launched on the NSE SME platform.
Company Background
Silky Overseas Limited is a Delhi-based company incorporated in May 2016 that deals in the manufacturing and supplying of home bedding essentials. Before becoming a public limited company in November 2023, it was a private limited business. The manufacturing unit of the company is situated at Sonipat, Haryana, with its registered office in Wazirpur Industrial Area, Delhi.
Operations & Product Range
Facility & Production:
Silky Overseas has a fully integrated manufacturing plant in Gohana, Haryana, where all the functions of manufacturing like knitting, dyeing, processing, printing and packaging are done under a single roof. This integration guarantees quality and efficiency in operations.
Brands & Market Presence:
The Rian Decor brand name is used by the business to market its products. The company produces curtains, bed linens, comforters, blankets and baby blankets. It markets to both the local market and the foreign market by exporting to Middle East, Africa and Southeast Asia with a dominant presence in India especially in Punjab, West Bengal, Assam, Bihar, Haryana and New Delhi.
Revenue Channels
Silky Overseas operates both business-to-business (B2B) and direct-to-consumer (D2C) transactions. Its products are marketed on its site and major online marketplaces such as Flipkart, Amazon, Walmart, Ajio, Snapdeal and Meesho. The company has a bestseller on Flipkart with more than 21,000 reviews, which means that the demand in the online channel is high.
Management & Shareholding
Promoters & Shareholding:
Mr. Sawar Mal Goyal, Mr. Ananya Goyal and M/s. S. M. Goyal & Sons (HUF) are the promoters of the company and they had a substantial 86.38 percent stake in the company before the IPO. After the IPO, the shareholding of the promoter is likely to decrease but they will still have a significant stake in the company and will still be the driving force in the future growth and strategic planning of the company.
Board Members:
Among the board members is Mr. Sawar Mal Goyal, the Managing Director. As of May 31, 2025, 135 employees work for the company.
WHAT IS GMP?
GMP (Grey Market Premium) is the difference between the IPO price and the grey market price. It is the premium amount paid for the traded IPO shares. It plays an important role in IPOs as it reflects how the IPO would react on the listing day.
A grey market is a place where shares/stocks are traded before being listed officially on the stock exchange.
Silky Overseas Limited IPO
| GMP Date | IPO Price | GMP | Last Updated |
|---|---|---|---|
| - | - | - | - |
**The GMP prices displayed here are solely for informational purposes related to the grey market news. India IPO does not engage in or facilitate grey market trading, nor are these rates (sub2) indicative of any trading activity. We also do not recommend or endorse participation in the grey market.**
Silky Overseas Limited IPO Details
| Detail | Description |
|---|---|
| IPO Date | June 30, 2025 to July 2, 2025 |
| Listing Date | - |
| Face Value | ₹10 per share |
| Issue Price Band | ₹153 to ₹161 per share |
| Lot Size | 800 Shares |
| Sale Type | Fresh Capital |
| Total Issue Size | 19,05,600 shares (aggregating up to ₹30.68 Cr) |
| Reserved for Market Maker | 3,13,600 shares (aggregating up to ₹5.05 Cr) |
| Net Offered to Public | 15,92,000 shares (aggregating up to ₹25.63 Cr) |
| Issue Type | Bookbuilding IPO |
| Listing At | NSE SME |
| Share Holding Pre Issue | 44,62,023 shares |
| Share Holding Post Issue | 63,67,623 shares |
Silky Overseas Limited IPO Timeline
| Detail | Description |
|---|---|
| IPO Open Date | Mon, Jun 30, 2025 |
| IPO Close Date | Wed, Jul 2, 2025 |
| Tentative Allotment | Thu, Jul 3, 2025 |
| Initiation of Refunds | Fri, Jul 4, 2025 |
| Credit of Shares to Demat | Fri, Jul 4, 2025 |
| Tentative Listing Date | Mon, Jul 7, 2025 |
| Cut-off time for UPI mandate confirmation | Mon, Jul 7, 2025 5 PM on July 2, 2025 |
Silky Overseas Limited IPO Lot Size
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (Min) | 1 | 800 | ₹1,28,800 |
| Retail (Max) | 1 | 800 | ₹1,28,800 |
| HNI (Min) | 2 | 1600 | ₹2,57,600 |
Silky Overseas Limited IPO Promoter Holding
| Share Holding Pre Issue | Share Holding Post Issue |
|---|---|
| 86.38% | - |
Competitive Strength:
- ● Integrated Manufacturing: All the production processes are controlled internally, which guarantees quality and on-time delivery.
- ● Product Customization: The Capacity to produce goods according to the needs of a particular customer.
- ● Cost Efficiency: Strategic sourcing of excess or slightly flawed high-thread-count fabric at lower prices, which allows them to offer competitive prices.
- ● Strong Online Presence: Strong sales through the major e-commerce websites and good customer ratings.
- ● Quality Certification: The ISO 9001:2015 accreditation for quality management systems is in possession.
Silky Overseas Limited IPO Financial Information
| Period Ended | Assets | Revenue | Profit After Tax | Net Worth | Total Borrowing | |||||||||||||||||||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 31 Jan 2025 | 68.7 | 105.35 | 9.17 | 24.31 | 20.75 | |||||||||||||||||||||||||||||||||||
| 31 Mar 2024 | 50.69 | 70.26 | 6 | 15.14 | 25.72 | |||||||||||||||||||||||||||||||||||
| 31 Mar 2023 | 40.7 | 68.35 | 0.98 | 4.61 | 28.8 | |||||||||||||||||||||||||||||||||||
| 31 Mar 2022 | 37.07 | 50.17 | -0.42 | 3.59 | 31 | |||||||||||||||||||||||||||||||||||
| Amount in ₹ Crore | ||||||||||||||||||||||||||||||||||||||||
Key Performance Indicator
| KPI | Values |
|---|---|
| ROE | 36.56% |
| ROCE | 39.54% |
| Debt/Equity | 1.7 |
| RoNW | 36.56% |
| PAT Margin | 7.94% |
| EBITDA Margin | 15.80% |
| Price to Book Value | 4.28 |
| Pre IPO | Post IPO | |
|---|---|---|
| EPS (Rs) | 12.4 | 8.69 |
| P/E (x) | 12.98 | 18.52 |
IPO Objectives
The IPO's net proceeds will go towards:
- Setting up additional storage facilities to support expansion
- Repayment or prepayment of certain existing debts
- Meeting growing working capital requirements
- General corporate purposes to ensure smooth day-to-day functioning.
Conclusion
Silky Overseas Limited is establishing itself as an integrated manufacturer of quality home bedding products with an expanding market base both locally and in the export market. The company’s growth, financial standing and operational capability will all be enhanced by the IPO. The company has an effective product line, a good online selling platform and an emphasis on quality and customization which makes it well placed to take advantage of the Indian and global home textiles market that is growing.
RHP:
DRHP:
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Frequently asked Questions (FAQs )
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1. What are the Silky Overseas IPO dates?
Opening on June 30, 2025, the initial public offering (IPO) will end on July 2, 2025.
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2. What is the IPO's pricing range and lot size?
The minimum lot size is 800 shares, with each share costing between ₹153 and ₹161.
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3. How much is the total issue size?
By issuing 19.06 lakh new shares, the IPO seeks to raise ₹30.68 crore.
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4. Where will the shares be listed?
The shares are expected to go public on the NSE SME platform on July 7, 2025.
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5. Who are the promoters of Silky Overseas Limited?
The promoters are Mr. Sawar Mal Goyal, Mr. Ananya Goyal and M/S. S.M. Goyal & Sons (HUF).
