You will find the critical details about the Sai Silks IPO GMP Today, Price, Review, Lot Size, and Allotment Date from here. The best part about the share market is that any type of industry and organization does participate in it. We will be discussing the Sai Silks IPO GMP Today for your convenience.
Sai Silks IPO GMP Today
Sai Silks has been providing its services for 17 years. The assets, positive feedback from customers, legacy, ethics, and more have added to the overall market value. Thus, the investors are waiting to utilise the bucks for Sai Silks IPO GMP.
Sai Silks IPO GMP Today is 7 with lot sizes 1 to 13, which is 67 to 871. The investors must engage to read through the vital information further to make a decision to invest in the IPO GMP or not.
The price band is Rs 210 to Rs 222 per share. The retail minimum and maximum are already discussed for Sai Silks. SNHI (min) for 14 lots is Rs 208,236, SNHI (Max) for 67 lots is Rs 996,558, and BHNI (Min) for 68 lots is Rs 1, 011, 432.
Discussing for the Reservation, then QIB is 50%, HNI Shares are 15% and that of Retail Shares are 15%. The company have assets of Rs 1220.45 crore which implies that there is no doubt to invest in the shares.
Sai Silks IPO GMP Today Overview
| Article Title | Sai Silks IPO GMP Today |
| Company Name | Sai Silks |
| Industry Type | Textile |
| Lot Size | 67 |
| Issue Size | Rs 1,201.00 cr |
| Promoter Holding Issue | 60.80% |
| Total Assets in FY23 | Rs 1220.45 cr |
| Offer For Sale | 2,072,000 |
| Share Holding Pre and Post Issue | 126,339,085 to 153,366,112 |
| Sai Silks IPO GMP Today | 7 |
| IPO GMP Start Date | 20 September |
| Allotment Last Date | 22 September 202 |
| Final Allocation | 27 September 2023 |
| Listing on | BSE/NSE |
| To Know More Information | Click Here |
Sai Silks IPO GMP Review
The company has its branches in different parts of the country such as Tamil Nadu, Karnataka, Andhra Pradesh, Telangana etc for selling apparels. The brand ensures quality with an assured guarantee of the products. 2020 Fiscal year, its market size was US $55.9 Billion which declined to US $51.4Billion in 2022. There is an estimation that the overall profits will be improved as per the upcoming Fiscal years to approximately 21%.
According to Sai Silks IPO GMP Review, the retail investment will be Rs 14,874 for the issue size of Rs 1,201.00 cr. We can analyse from this information that it is a good time for the investors to seek the required shares. However, they must not delay in the process to get the maximum number of profits. However, these details can be varied as per the market capitalization of Sai Silks.
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Sai Silks Lot Size
Sai Silks have adhered to the policies required to be on the public listing. In the past years, the company is dealt with teh customers who have contributed to increasing the overall brand value in terms of teh Indian Market. Thus, the right time is right here for the investors to check the lot size and start utilising their money to gain profits from Sai Silks IPO GMP Today.
67 is the lot size for Sai Silks which seems to be an appropriate size. From 1 to 13, the total shares fluctuate from 767 to 871 as discussed previously in this article. The company is running into profit which is why the investors can utilise this time for making a prompt investment.
Sai Silks Allotment Date
The subscription for Sai Silks IPO will begin on 20 September and end on 22 September 2023. However, the final allotment will be made on 27 September 2023 for the investors.
After teh allotment, the investors would be wishing to check teh allotment status. They can do it by visiting the official website of Bigshare Services Pvt Ltd. The investors will have to enter their ID, PAN Number and more details in the website to know the status. Another way to know the status is by calling the concerned officials of Bigshare Services Pvt Ltd on (91) 2262638200 or can send an email to ipo@bigshareonline.com.
It takes a lot of years, hard work, consistency and the right approach for any company like Sai Silks to get on the public listing. Now that it is on the NSE/BSE Listing, you should find the appropriate opportunity to make a thorough investment in the brand. Considering the fact that you are new to the share market, it is advisable to consult an agent for the same.
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