The Silkflex Polymers IPO commenced on May 7, 2024, and concluded on May 10, 2024. The allotment of shares took place on May 13, 2024, and the initiation of refunds began on May 14, 2024. The shares were credited to the demat accounts of investors on May 14, 2024. Finally, the listing of Silkflex Polymers on the stock exchange occurred on May 15, 2024.
The Silkflex Polymers IPO was priced at ₹52 per share, with a lot size of 2000 shares. The total issue size was ₹18.11 crores, comprising a fresh issue of ₹18.11 crores. The IPO was listed on the NSE SME.
In terms of quota reservations, the other quota was reserved for 50% of the shares and the retail quota was reserved for 50% of the shares.
Silkflex IPO Basic Details
| Company Name | Silkflex Polymers Limited |
| Silkflex Polymers IPO GMP Today | ₹5 |
| Silkflex Polymers IPO Listing Gain | 9.62% |
| Silkflex Polymers IPO Open Date | May 7, 2024 |
| Silkflex Polymers IPO Close Date | May 10, 2024 |
| Silkflex Polymers IPO Allotment Date | May 13, 2024 |
| Silkflex Polymers IPO Listing Date | May 15, 2024 |
| Face Value | ₹10 per share |
| Price | ₹52 per share |
| Lot Size | 2000 Shares |
| Issue Size | 3,482,000 shares of ₹10 (aggregating up to ₹18.11 Cr) |
| Fresh Issue | 3,482,000 shares of ₹10 (aggregating up to ₹18.11 Cr) |
| Issue Type | Fixed Price Issue IPO |
| Listing At | NSE SME |
| Company Promoters | Mr Tushar Lalit Kumar Sanghavi, Ms Urmi Raj Mehta, M/s. Tushar Lalitkumar Sanghavi HUF and M/s. Lalitbhai H Sanghvi HUF |
Silkflex Polymers IPO GMP Today:
| Date | GMP | Listing Gain | Kostak | Subject to |
| Today | ₹5 | 9.62% | – | – |
| 7 May 2024 | ₹5 | 9.62% | – | – |
Silkflex IPO Details:
Established in May 13, 2016, Silkflex Polymers India Limited specializes in trading textile printing inks and water-based wood coating polymers created by Silkflex Polymers SDN BHD, a well-known brand from Malaysia.
We offer a wide range of products, including 108 types of textile printing inks and 51 variants of wood coating polymers.
As of May 1, 2024, our main office is located in West Bengal, India. Additionally, we have branch offices in five other Indian states: Gujarat, Maharashtra, Tamil Nadu, Rajasthan, and Punjab.
Silkflex Polymers India Limited is proud to distribute products from Silkflex Polymers Sdn. Bhd. Malaysia, a leading manufacturer of garment printing ink in Malaysia. Equipped with cutting-edge technology like a thermal reactor, they have a monthly capacity of 1000 MT.
Our products are available in five Indian states: West Bengal, Tamil Nadu, Punjab, Rajasthan, and Gujarat.
As of December 31, 2023, we have a dedicated team of 28 permanent employees working across our offices.
Silkflex Polymers IPO More Details Click Here
Silkflex Polymers IPO FAQs
When is Silkflex Polymers IPO open?
Silkflex Polymers IPO will open on 7 May 2024.
When is Silkflex Polymers IPO Close?
Silkflex Polymers IPO will be closed on 10 May 2024.
What is Silkflex Polymers IPO GMP Today?
The Silkflex Polymers IPO GMP aka Grey Market Premium is ₹5.
What is Silkflex Polymers IPO Kostak Rates Today?
The Silkflex Polymers IPO Kostak Rate is ₹000.
What is Silkflex Polymers IPO Subject to Sauda Price Today?
The Silkflex Polymers IPO subject to sauda rates is ₹000.
Silkflex Polymers IPO Expected Returns?
The Silkflex Polymers expected return is 9.62%.
How much will be the listing gain in Silkflex Polymers IPO?
Silkflex Polymers IPO will get listing gain of 9.62%. (Approx.)
