IPO

Sai Silks (Kalamandir) Ltd

  • Registered Office: 6-3-790/8 Flat No 1,Bathina Apartments Ameerpet, Hyderabad - 500016, Telangana, India. Phone : +91-40-6656 6555   Fax:
  • Email : secretarial@sskl.co.in
  • Website :www.sskl.co.in
Initial public offering of up to [*] equity shares of face value of Rs. 2 each ("Equity Share") of Sai Silks (Kalamandir) Limited (The "Company" or the "Issuer") for cash at a price of Rs. [*] per equity share including a share premium of Rs. [*] per equity share (the "Offer Price") aggregating up to Rs. [*] crores (the "Offer"). The offer comprises of a fresh issue of up to [*] equity shares by the company aggregating up to Rs. 600.00 crores (the "Fresh Issue") and an offer for sale of up to 27,072,000 equity shares (the "Offered Shares") aggregating up to Rs. [*] crores (the "Offer for Sale"), comprising offer for sale of (a) up to 6,409,345 equity shares aggregating up to Rs. [*] crores by Nagakanaka Durga Prasad Chalavadi, up to 7,949,520 equity shares aggregating up to Rs. [*] crores by Jhansi Rani Chalavadi (collectively, the "Promoter Selling Shareholders"), and (b) up to 3,083,865 equity shares aggregating up to Rs. [*] crores by Dhanalakshmi Perumalla, up to 656,295 equity shares aggregating up to Rs. [*] crores by Doodeswara Kanaka Durgarao Chalavadi, up to 6,346,975 equity shares aggregating up to Rs. [*] crores by Kalyan Srinivas Annam, up to 2,120,500 equity shares aggregating up to Rs. [*] crores by Subash Chandra Mohan Annam and up to 505,500 equity shares aggregating up to Rs. [*] crores by Venkata Rajesh Annam (collectively the "Promoter Group Selling Shareholders" and together with the promoter selling shareholders, the "Selling Shareholders" ) (the "Offer for Sale, and together with the fresh issue, the "Offer"). The offer will constitute [*]% of the post-offer paid-up equity share capital of the company. Price Band: Rs. 210 to Rs. 222 per equity share of face value of Re. 1 each. The floor price is 105 times the face value of the equity shares and the cap price is 111 times the face value. Bids Can be made for a minimum of 67 equity shares and in multiples of 67 equity shares thereafter.
Issue
Opens On Closes On
20-Sep-23 22-Sep-23
Money Payable On
Application Allotment
210.00 0.00
Minimum Application for shares in Nos : 67 Further Multiples of : 67
Cr Lead Managers to the Issue
Project Cost (.Cr) 0.00 HDFC Bank Ltd
Project Financed through Current Offer (.Cr) 1168.51  
Post Issue Equity Share Capital (.Cr) 0.00
Issue Price () 210.00
Projects
Funding capital expenditure towards setting up of 25 new stores
Funding capital expenditure towards setting up 2 warehouses
Funding working capital requirements of the company
Repayment or pre-payment in full or part, of certain borrowings availed by the company
General corporate purposes
Promoted By
Nagakanaka Durga Prasad Chalav
Jhansi Rani Chalavadi
Listing At
BSE
NSE
Registrar to the Issue
No Data Available