Silkflex Polymers (India) Limited
listed
₹1.04LMin. investment
Silkflex Polymers (India) Limited IPO Details
Issue size
₹18.11Cr
IPO type
SME
Price range
₹52.00 – ₹52.00
Listing date
15 May 2024
Lot size
2000 shares
RHP/DRHP
Read
Price range₹52.00 – ₹52.00
IPO type
SME
Lot size2000 shares
Issue size₹18.11Cr
RHP/DRHP
Read
Silkflex Polymers (India) Limited Timeline
- Bid start7 May 2024
- Bid end10 May 2024
- Allotment9 May 2024
- Release of funds14 May 2024
- Demat transfer13 May 2024
- Listing15 May 2024
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:
- To expand their existing distribution base.
- Fulfilment of order quantity at scheduled delivery time.
- 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
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Silkflex Polymers (India) Limited Contact Details
Company NameSilkflex Polymers (India) Limited
How to apply for Silkflex Polymers (India) Limited?
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- Step 2
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- Step 3
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- Step 4
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- Step 5
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