Silkflex Polymers (India) Limited

SILKFLEX

₹52-52

per share

Bidding Dates

7-10 May

Min. Investment

₹1,04,000.00

Lot Size

2000 shares

Issue Size

₹18.11 Cr

IPO Timeline

Bidding starts

07 May ‘24

Bidding ends

10 May ‘24

Allotment finalisation*

13 May ‘24

Refund initiation*

14 May ‘24

Demat transfer

14 May ‘24

Listing

15 May ‘24

* Refund is a 7-10 days process. If you don’t get refund then please contact your bank.

About Silkflex Polymers Limited

Silkflex Polymers is engaged in the trading of the textile printing inks and water-based wood coating polymers products of a Malaysian based brand- “Silkflex” produced by Silkflex Polymers. Silkflex Malaysia, are one of the garment printing ink manufacturers of Malaysia. Silkflex Malaysia manufactures its products through its manufacturing unit located in Malaysia and the same products are then supplied around the globe through its authorised agents. The list of countries where Silkflex Malaysia supplies the products includes India, Thailand, Turkey, Russia, Sri Lanka, Bangladesh and Indonesia. They have the right to sell the products of Silkflex and the rights to use the brand name of Silkflex in India.

Their Company offers a wide variety of products which consists of 108 textile printing ink products and 51 wood coating polymers products. They offer a gamut of products, which is divided into two categories i.e., textile printing ink products and wood coating products.
Their registered office is situated in the state of West Bengal. They also have 5 branch offices and warehouses, one of each situated in the state of Gujarat, Maharashtra, Tamil Nadu, Rajasthan and Punjab. These offices and warehouses are well equipped with computer systems, internet connectivity, other communication equipment and other facilities which 136 are required for our business operations to function smoothly.

The company believes that the quality of the products is up to the mark and that’s the major reason for being awarded with the orders. Their sales and marketing strategy focuses on enhancing revenue streams by leveraging established relationships and building competitive advantage through a wide range of product offerings. They intend to focus on following marketing strategies:

1. To expand their existing distribution base.
2. Fulfilment of order quantity at scheduled delivery time.
3. Focus on dealing in quality standard products.

Silkflex Polymers Prepares for its Initial Public Offering (IPO), the proceeds generated from the Fresh Issue will be allocated towards crucial objectives:

Acquisition of land
Funding of capital expenditure requirements of our Company towards purchase of Plant and Machineries
Funding Working Capital Requirements of our Company
General corporate purposes

IPO analysis

Registrar information

Name

Bigshare Services Pvt Ltd

Phone number

022 - 6263 8200

Email ID

ipo@bigshareonline.com

Red herring prospectus

View documents submitted by company in filing to understand more details about them.

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