Silky Overseas Ltd IPO is a Small and Medium Enterprises (SME) IPO that will open for public subscription on 30 June 2025 and close on 2 July 2025. The company plans to raise around ₹30.68 crore through a book-built issue on the NSE SME platform. The IPO price band is set between ₹153 to ₹161 per share, and the lot size is 800 shares, which means retail investors will need to invest a minimum of ₹122,400. The shares are expected to be listed on 7 July 2025. This IPO is aimed at funding business expansion, repaying debt, and fulfilling working capital needs. Silky Overseas is a textile company known for manufacturing blankets, bedsheets, comforters, and other home textile products.
About Silky Overseas Ltd
Silky Overseas Ltd is a home text,ile company based in Haryana, India. Incorporated in May 2016, the company manufactures and trades various textile products like:
- Blankets
- Bedsheets
- Comforters
- Curtains
- Baby care products
It operates with a vertically integrated production facility that handles everything from knitting and dyeing to packaging and delivery. The company also sells its products through major e-commerce platforms like Amazon, Flipkart, Myntra, and Ajio, apart from export and B2B business.
Silky Overseas Ltd IPO Details
| IPO Detail | Information |
|---|---|
| IPO Opening Date | 30 June 2025 |
| IPO Closing Date | 2 July 2025 |
| Issue Type | Book Built Issue (SME IPO) |
| Listing Exchange | NSE SME |
| Face Value | ₹10 per share |
| Price Band | ₹153 to ₹161 |
| Minimum Lot Size | 800 shares |
| Minimum Investment | ₹122,400 |
| Total Issue Size | ₹30.68 crore |
| Listing Date (Expected) | 7 July 2025 |
| Registrar | KFin Technologies Ltd |
Company Financial Performance
Here is the financial performance of Silky Overseas over the last 3 years:
| Financial Year | Revenue (₹ Cr) | Net Profit (₹ Cr) | Net Worth (₹ Cr) | RoE (%) |
|---|---|---|---|---|
| FY 2022 | 50.19 | -0.46 | -0.21 | -11.63 |
| FY 2023 | 68.31 | 0.98 | 0.61 | 21.33 |
| FY 2024 | 69.70 | 5.53 | 10.68 | 36.56 |
Key Highlights:
- The company turned profitable in FY23 after a loss in FY22.
- Strong growth in profit in FY24, indicating business stability.
- High RoE (Return on Equity) of 36.56% in FY24 shows efficient use of capital.
Purpose of the IPO
Silky Overseas Ltd plans to use the IPO funds for:
- Expansion of storage and infrastructure
- Repayment or prepayment of loans
- Meeting working capital requirements
- General corporate purposes
IPO Share Allocation
| Category | No. of Shares | Percentage |
|---|---|---|
| Retail Individual Investors (RIIs) | 5,57,200 | 29.24% |
| Qualified Institutional Buyers | 3,18,400 | 16.71% |
| Non-Institutional Investors (NIIs) | 2,38,800 | 12.53% |
| Anchor Investors | 4,77,600 | 25.06% |
| Market Maker Reservation | 3,13,600 | 16.46% |
Strengths of Silky Overseas Ltd
- Vertically integrated manufacturing: Controls all stages of production.
- Established online presence: Sales via Amazon, Flipkart, Ajio, and Myntra.
- Export-oriented model: Generates revenue from international markets too.
- Strong profit growth: Significant jump in FY24 profit.
- Use of funds: Clear plan to reduce debt and expand business.
Risks and Concerns
- SME IPOs are less liquid and may face high price volatility.
- Textile market competition is intense and price-sensitive.
- Debt level, although being reduced, still exists.
- Small company size, which may be impacted by macroeconomic factors.
Grey Market Premium (GMP) – Latest Updates
As of now, there is no official GMP available for Silky Overseas Ltd IPO. GMP updates are expected closer to the listing date. Please refer to trusted IPO portals or brokers for real-time GMP updates.
How to Apply for Silky Overseas Ltd IPO
If you are planning to apply, here are the steps:
- Login to your broker app (e.g., Zerodha, Upstox, Groww).
- Go to the IPO section and select Silky Overseas Ltd IPO.
- Choose the price within the band ₹153 – ₹161.
- Select lot size of 800 shares or more in multiples.
- Enter UPI ID and submit the application.
- Approve the UPI mandate on your UPI app (PhonePe, Paytm, etc.)
Important IPO Timeline
| Event | Date |
|---|---|
| IPO Open Date | 30 June 2025 |
| IPO Close Date | 2 July 2025 |
| Allotment Date | 3 July 2025 |
| Refunds Initiation | 4 July 2025 |
| Demat Credit | 5 July 2025 |
| Listing on NSE SME | 7 July 2025 |
Conclusion on Silky Overseas Ltd IPO
Silky Overseas Ltd IPO offers a unique chance to invest in a textile company that has shown financial turnaround, is present on top online platforms, and is working to reduce its debt. It is suitable for investors who understand SME IPO risks and want to add a small-cap textile stock with growth potential to their portfolio.
FAQ – Silky Overseas Ltd IPO
Q1. What is the IPO price of Silky Overseas Ltd?
The IPO price band is ₹153 to ₹161 per share.
Q2. What is the lot size of the IPO?
The minimum lot size is 800 shares, which means minimum investment is ₹122,400.
Q3. When will the IPO open and close?
It opens on 30 June 2025 and closes on 2 July 2025.
Q4. Where will the shares be listed?
The shares will be listed on the NSE SME platform on 7 July 2025.
Q5. What are the financial highlights of the company?
The company earned ₹69.70 crore revenue and ₹5.53 crore profit in FY24, with a RoE of 36.56%.