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15 Days Price Change

Sai Silks (Kalaman) IPO

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Profile
Issue Size --
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Price Range 210  to  222 per share
Profile
Min Investment ₹222
Profile
Lot Size 1
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Face Value ₹2
Profile
Draft Prospectus
Invest Before the IPO Goes Live

Buy unlisted shares early and participate in the growth before public listing.

Profile
  • Basic Info
  • IPO Tentative Timetable
  • IPO Lot Size
  • Subscription Status
  • Financials
  • Profit & Loss
  • Balance Sheet
  • Cash Flow
  • Ratios
  • Growth Rates
  • Other info

Overview

Sai Silks (Kalamandir) Limited is a renowned Indian textile and fashion company, celebrated for its exquisite silk sarees and ethnic wear. Established with a vision to redefine traditional Indian fashion, Sai Silks has become a household name in the textile industry. The company specializes in crafting timeless silk sarees, blending intricate designs with rich, vibrant colors. These sarees are a symbol of elegance and grace, making them a favorite choice for weddings, festivals, and special occasions. Sai Silks has a strong commitment to quality, innovation, and customer satisfaction. Over the years, it has expanded its product range to include a variety of ethnic wear, catering to the diverse tastes of its clientele. With a legacy of craftsmanship and a modern approach to fashion, Sai Silks (Kalamandir) Limited continues to be a symbol of India's rich textile heritage. Read More

Basic Info

Face Value 2 per share

Price 210  to  222 per share

P/E (x) 38.3

Sales( Cr.) 1462

PAT( Cr.) 85

EPS 5.8

Draft Prospectus

Exchange BSE-NSE

Promoter

Company Promoters

Nagakanaka Durga Prasad Chalavadi Jhansi Rani Chalavadi

Pre Issue Share Holding 100%

Post Issue Share Holding 86.9%

Listing Details:

Listing Price: 231

Listing Gain: 3.9%

Current Price: 101.4

Gain On Issue: 101.4 | 0%

GMP: --

GMP %: -- %

IPO Tentative Timetable

Opening Date Sep 20, 2023
Closing Date Sep 22, 2023
Allotment Sep 25, 2023
Refund Sep 26, 2023
Delivery of Shares Sep 26, 2023
Listing Date Sep 27, 2023

IPO Lot Size

Application Lots Shares Amount
Retail (Min) 1 67 14,874
Retail (Max) 13 871 193,362
S-HNI (Min) 14 938 208,236
S-HNI (Max) 67 4489 996,558
B-HNI (Min) 68 4556 1,011,432

Objective of the Issue

1. Funding capital expenditure towards setting up 30 new stores. 2. Funding capital expenditure towards setting-up of two warehouses. 3. Funding the working capital requirements of the company. 4. Repayment or pre-payment, in full or part, of certain borrowings availed by the company. 5. General corporate purposes.

Issue

Category Nos Bid Bid (x)
QIB 0 0 0x
NII 0 0 0x
Retail 0 0 0x
EMP 0 0 0x
Total 54099027 241822651 4.5x

Net Sales (in cr.)

Total Income (in cr.)

Operating Profit (in cr.)

Net Profit (in cr.)

Shareholder Funds (in cr.)

Total Assets (in cr.)

Sai Silks (Kalaman) Profit & Loss

#(Fig in Cr.) Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025 TTM
Net Sales 412 457 540 692 1044 1176 677 1129 1351 1374 1462
Other Income 0 0 0 0 1 3 2 4 8 24 24
Total Income 413 457 541 692 1045 1179 679 1133 1359 1397 1486
Total Expenditure 372 414 493 638 961 1072 615 991 1132 1154 1244
Operating Profit 41 44 48 54 84 107 64 142 227 243 242
Interest 16 19 17 18 20 28 27 34 52 60 47
Depreciation 4 6 8 9 14 26 29 31 41 48 53
Exceptional Income / Expenses -7 0 0 0 0 0 0 0 0 0 0
Profit Before Tax 15 19 23 27 49 53 7 77 134 135 143
Provision for Tax 5 6 9 11 19 11 2 20 36 34 57
Profit After Tax 10 13 14 15 30 42 5 58 98 101 85
Adjustments 0 0 0 0 0 0 0 0 0 0 0
Profit After Adjustments 10 13 14 15 30 42 5 58 98 101 85
Adjusted Earnings Per Share 1 1.1 1.2 1.3 2.6 3.6 0.4 4.8 8.1 6.8 5.8

Sai Silks (Kalaman) Balance Sheet

#(Fig in Cr.) Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025
Shareholder's Funds 91 125 139 159 189 232 243 301 397 1063 1132
Minority's Interest 0 0 0 0 0 0 0 0 0 0 0
Borrowings 18 23 15 4 40 35 57 49 65 23 18
Other Non-Current Liabilities 22 25 15 15 18 73 65 85 185 211 240
Total Current Liabilities 123 118 130 214 319 353 300 408 573 345 251
Total Liabilities 254 290 298 392 566 693 665 842 1220 1642 1641
Fixed Assets 52 73 82 113 152 251 225 249 379 414 465
Other Non-Current Assets 18 23 22 30 25 26 31 33 36 53 50
Total Current Assets 184 195 195 249 389 415 409 561 805 1175 1125
Total Assets 254 290 298 392 566 693 665 842 1220 1642 1641

Sai Silks (Kalaman) Cash Flow

#(Fig in Cr.) Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025
Opening Cash & Cash Equivalents 4 2 1 2 2 25 18 4 9 5 44
Cash Flow from Operating Activities 7 35 45 59 30 85 -15 46 41 -21 107
Cash Flow from Investing Activities -1 -31 -27 -49 -47 -47 -18 -42 -60 -332 118
Cash Flow from Financing Activities -8 -6 -17 -10 37 -45 19 1 15 393 -184
Net Cash Inflow / Outflow -2 -1 1 0 19 -7 -14 4 -4 40 41
Closing Cash & Cash Equivalent 2 1 2 2 21 18 4 9 5 44 85

Sai Silks (Kalaman) Ratios

# Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025
Earnings Per Share (Rs) 0.96 1.11 1.23 1.31 2.59 3.59 0.43 4.79 8.11 6.85 5.8
CEPS(Rs) 1.35 1.64 1.9 2.08 3.8 5.81 2.87 7.36 11.52 10.1 9.37
DPS(Rs) 0 0 0 0 0 0 0 0 0 1 1
Book NAV/Share(Rs) 8.74 10.86 12.09 13.55 16.15 19.74 20.19 24.99 33.03 72.14 76.81
Core EBITDA Margin(%) 9.91 9.55 8.78 7.72 7.91 8.82 9.21 12.24 16.23 15.96 14.92
EBIT Margin(%) 7.4 8.27 7.39 6.48 6.64 6.88 5.13 9.84 13.76 14.18 12.97
Pre Tax Margin(%) 3.55 4.21 4.21 3.86 4.69 4.54 1.08 6.84 9.88 9.81 9.76
PAT Margin (%) 2.43 2.79 2.61 2.21 2.9 3.58 0.76 5.11 7.22 7.34 5.84
Cash Profit Margin (%) 3.43 4.11 4.03 3.52 4.27 5.8 5.11 7.84 10.26 10.83 9.45
ROA(%) 4.19 4.69 4.79 4.44 6.33 6.69 0.76 7.65 9.46 7.05 5.2
ROE(%) 11.55 11.83 10.7 10.3 17.43 20 2.16 21.22 27.96 13.82 7.78
ROCE(%) 15.77 17.35 16.64 17.33 21.96 21.37 8.12 21.76 28.53 18.88 14.48
Receivable days 1.21 0.97 0.96 1.51 1.76 1.18 1.06 0.67 0.64 0.82 0.73
Inventory Days 138.95 137.03 118.28 105.71 99.13 110.63 199 136.29 157.48 187.74 187.37
Payable days 20.01 20.38 20.77 38.19 55.16 67.31 113.4 58.56 80.11 65.17 18.5
PER(x) 0 0 0 0 0 0 0 0 0 29.28 22.78
Price/Book(x) 0 0 0 0 0 0 0 0 0 2.78 1.72
Dividend Yield(%) 0 0 0 0 0 0 0 0 0 0.5 0.76
EV/Net Sales(x) 0.31 0.28 0.24 0.19 0.17 0.14 0.32 0.21 0.24 2.05 1.24
EV/Core EBITDA(x) 3.11 2.93 2.71 2.47 2.08 1.55 3.4 1.67 1.41 11.58 7.5
Net Sales Growth(%) 7.17 10.84 18.21 28.02 50.9 12.61 -42.39 66.75 19.67 1.63 6.44
EBIT Growth(%) -12.68 23.86 5.63 12.28 54.67 16.61 -57.04 219.76 67.37 4.73 -2.65
PAT Growth(%) -38.53 27.41 10.35 8.59 98.12 38.82 -87.81 1024.28 69.17 3.36 -15.35
EPS Growth(%) -38.53 15.95 10.35 6.51 97.7 38.81 -88.12 1024.37 69.21 -15.61 -15.35
Debt/Equity(x) 1.22 0.87 0.78 0.71 0.91 0.71 0.89 0.87 0.87 0.24 0.15
Current Ratio(x) 1.5 1.65 1.5 1.16 1.22 1.18 1.36 1.38 1.41 3.41 4.48
Quick Ratio(x) 0.13 0.16 0.15 0.11 0.15 0.12 0.14 0.21 0.2 1.31 1.38
Interest Cover(x) 1.92 2.04 2.32 2.47 3.4 2.94 1.27 3.28 3.55 3.24 4.04
Total Debt/Mcap(x) 0 0 0 0 0 0 0 0 0 0.08 0.08

Sihora Industries Growth Rates

# 1 Year 3 Year 5 Year 10 Year
Sales CAGR 6% 9% 4% 14%
Operating Profit CAGR -0% 19% 18% 19%
PAT CAGR -16% 14% 15% 24%
# 1 Year 3 Year 5 Year 10 Year
Share Price CAGR -17% NA% NA% NA%
ROE Average 8% 17% 15% 14%
ROCE Average 14% 21% 18% 18%

Company Contact Information

Sai Silks (Kalamandir) Ltd.

6-3-790/8, Flat No. 1 Bathina Apartments Ameerpet

IPO Lead Manager(s)

Sai Silks (Kalamandir) Ltd.

Motilal Oswal Investment Advisors Pvt Ltd

Nuvama Wealth Management Ltd.

HDFC Bank Limited

Registrar Info

Sai Silks (Kalamandir) Ltd.

Frequently Asked Questions

All You Need To Know About IPO

When you leave without vesting, generally unvested ESOPs are cancelled. Vested ESOPs usually can be exercised after you depart, often within 3 to 6 months, depending on the company's ESOP plan.

For companies listed on a stock exchange, you can sell the shares any time after you exercise the ESOP option and the shares are in your demat account. If the company is unlisted or otherwise a startup, you can only sell the shares if and when the company announces a buyback or has a process for secondary sales.

Whenever you exercised your options to hold shares, you entered into a market risk situation, and if the valuation of the company drops, so do the shares.

Yes. ESOPs are valuable to the employer in that the employer is able to retain the best talent, align employee interests with company goals, and preserve cash while rewarding performance.

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