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Sai Silks (Kalamandir) Ltd.
Issue Open Date 20-Sep-23  
Issue Closing Date 22-Sep-23  
Application Money 100  
Allotment Money  
Price Band () 210 - 222  
Minimum Bid Quantity. 67  
Issue Size (Shares) 54099027  
Market Lot 1  
Objective

1. Funding capital expenditure towards setting-up of 30 new stores (“New Stores”) 2. Funding capital expenditure towards setting-up of two warehouses 3. Funding working capital requirements of our Company 4. Repayment or pre-payment, in full or part, of certain borrowings availed by our Company and5. General corporate purposes.

Business Description

We are one of the largest retailers of ethnic apparel, particularly sarees, in south India in terms of revenues and profit after tax in Fiscal 2019, 2020 and 2021. (Source: Technopak Report) Through our four store formats, i.e., Kalamandir, VaraMahalakshmi Silks, Mandir, and KLM Fashion Mall, we offer our products to various segments of the market that include premium ethnic fashion, ethnic fas...

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Promoter's Holding
Total Share Capital   120322940  
Offered to Public   54099027  
Promoter's Holding (Pre-Issue)   95.24  
Promoter's Holding (Post-Issue)   60.8  
Address
Address :6-3-790/8
Flat No. 1
Bathina Apartments
Ameerpet City :Hyderabad, State :Telangana Pincode :500016 Phone :040-66566555 Email : secretarial@sskl.co.in Website : www.sskl.co.in
Registrar
Bigshare Services Pvt Ltd
Office No S6-2
6th Floor
Pinnacle Business Park
Next to Ahura Centre
Mahakali Caves Road
Andheri (E)
Mumbai
Listed at
BSE, NSE
Lead Manager
HDFC Bank Ltd.
Motilal Oswal Investment Advisors Pvt Ltd
Nuvama Wealth Management Ltd.
Promoters
Jhansi Rani Chalavadi
Nagakanaka Durga Prasad Chalavadi
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