Sai Skills Kalamandir IPO Details, Review, Prices, Fundamentals

Sai Skills Kalamandir IPO Details, Review, Prices, Fundamentals: The book-built Sai Silks Kalamandir IPO is worth Rs 1,201.00 crores. The issuance consists of an offer to sell 2.71 crore shares for Rs. 601.00 crores and a fresh issue of 2.7 crore shares totaling Rs. 600.00 crores.

The pricing range for the Sai Silks (Kalamandir) IPO is 210 to 222 rupees per share. 67 Shares are the bare minimum lot size for an application. Retail investors must make an initial investment of at least 14,874. For sNII, the minimum investment lot size is 14 lots (938 shares), or 208,236; for bNII, it is 68 lots (4,556 shares), or 1,011,432; respectively.

Sai Skills Kalamandir IPO

The initial public offering (IPO) for Sai Silks (Kalamandir) begins on September 20, 2023, and ends on September 22, 2023. On Wednesday, September 27, 2023, the Sai Silks (Kalamandir) IPO’s allotment is anticipated to be completed. The planned listing date for the Sai Silks (Kalamandir) IPO is set for Wednesday, October 4, 2023 on the BSE and NSE.

The Sai Silks (Kalamandir) IPO’s book-running lead managers are Motilal Oswal Investment Advisors Limited, Hdfc Bank Limited, and Nuvama Wealth Management Limited, while the issue’s registrar is Bigshare Services Pvt Ltd.

Sai Skills Kalamandir IPO Overview

Sai Skills (Kalamandir) Company Overview
Company Name Sai Skills (Kalamandir)
IPO Opening Date 20 September, 2023
IPO Closing Date 22 September, 2023
Face Value 2 Rupees Per Share
Share Price Range 210 – 222
Lot Size 67 Shares
Total IPO Issue Size 54,099,027 Shares
Fresh Issue Size 27,027,027 Shares
Issue Type Book Built Issue IPO
IPO Listing At NSE, BSE
Share Holding Pre Issue 126,339,085 Shares
Share Holding Post Issue 153,366,112 Shares
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Sai Skills Kalamandir IPO Lot Size

IPO Lot Size
Minimum Retail Applications 1 Lot
Maximum Retail Applications 13 Lots
Minimum S-HNI Applications 14 Lots
Maximum S-HNI Applications 67 Lots
Minimum B-HNI Application 68 Lots
Total Shares In Single Lot 67 Shares
Amount For Single Lot 14,874 Rupees


Sai Skills Kalamandir IPO Time Table (Tentative)

IPO Time Table Complete Details
IPO Initiation Date 20 September, 2023
IPO Ending Date 22 September, 2023
Basis Of Allotment 27 September, 2023
Initiation Of Refund 29 September, 2023
Shares Credit To Demat Account 03 October, 2023
Date Of Listing 04 October, 2023
Cut Off Time For UPI Mandate Confirmation 22 September, 2023 (5:00 PM)


Sai Skills Kalamandir IPO Reservation Details

IPO Reservation Overview
Shares Offered To Retailers Not Less Than 35% Of Net Offer
Shares Offered To HNI Not Less Than 15% Of Net Offer
Shares Offered To QIB Not More Than 50% Of Net Offer


Sai Skills (Kalamandir) Company Financials

Company Financials Information
This Data Is Of 31 March, 2023
Total Revenue 1,358.92 Cr
Assets 1,220.45 Cr
Profit After Tax 97.59 Cr
Net Worth 397.33 Cr
Reserves And Surplus 373.27 Cr
Debt 345.50 Cr


Is Sai Skills Kalamandir IPO Good Or Bad To Buy? (Review)

  • The company, with an emphasis on sarees, has emerged as one of the top 10 merchants of ethnic goods following a failed attempt at its first IPO in February 2013.
  • It has reported solid figures for FY23, showing chances ahead with additional new outlets, after suffering somewhat from COVID impact up until FY22.
  • It appears that the issue is fully priced based on FY23 profits.
  • Investors who are knowledgeable may park money for medium- to long-term gains.


What Is The Objective Of Sai Skills Kalamandir IPO Issue?

The following items will be funded in part by the net proceeds from the issue, according to the company:

  • Repayment or prepayment, in full or in part, of a few loans that the company took out.
  • supplying capital for the construction of 25 new stores.
  • financing the business’s need for working capital.
  • financing capital expenses for the construction of two warehouses.
  • Overall corporate objectives.


How To Apply For Sai Skills Kalamandir IPO?

You can apply to Sai Skills (Kalamandir) through your broker by doing the following:-

  • Log in after opening a Demat account.
  • The Initial Public Offerings (IPO) area should be chosen.
  • Choose IPOs that are currently active.
  • Now select Master Components.
  • Complete the form, then send it.

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