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15 Days Price Change

Silkflex Polymers IPO

Closing In

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WEBSITE Inc. Year: 2016 Industry: Trading Listed Page

Profile
Issue Size --
Profile
Price Range 52  to  52 per share
Profile
Min Investment ₹52
Profile
Lot Size 1
Profile
Face Value ₹10
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

Silkflex Polymers Ltd is a dynamic company specializing in the production of high-quality polymer-based materials. Founded on principles of innovation and sustainability, Silkflex is committed to delivering cutting-edge solutions for various industries, including packaging, construction, and automotive. With state-of-the-art manufacturing facilities and a dedicated research team, the company excels in developing custom polymer blends tailored to meet the unique requirements of its clients. Silkflex prioritizes environmental responsibility, employing eco-friendly production processes and promoting recycling initiatives. Their commitment to quality and customer satisfaction has established them as a trusted partner in the polymer industry, driving growth and fostering long-term partnerships worldwide. Read More

Basic Info

Face Value 10 per share

Price 52  to  52 per share

P/E (x) 8.3

Sales( Cr.) 80

PAT( Cr.) 7

EPS 6.3

Draft Prospectus

Exchange NSE-SME

Promoter

Company Promoters

Mr Tushar Lalit Kumar Sanghavi Ms Urmi Raj Mehta M/s. Tushar Lalitkumar Sanghavi HUF M/s. Lalitbhai H Sanghvi HUF.

Pre Issue Share Holding 95.24%

Post Issue Share Holding 60.8%

Listing Details:

Listing Price: 60

Listing Gain: 13.33%

Current Price: 175

Gain On Issue: 175 | 0%

GMP: --

GMP %: -- %

IPO Tentative Timetable

Opening Date May 07, 2024
Closing Date May 10, 2024
Allotment May 13, 2024
Refund May 14, 2024
Delivery of Shares May 14, 2024
Listing Date May 15, 2024

IPO Lot Size

Application Lots Shares Amount
Retail (Min) 1 2000 104,000
Retail (Max) 1 2000 104,000
S-HNI (Min) 2 4000 208,000
S-HNI (Max) 9 18000 936,000
B-HNI (Min) 10 20000 1,040,000

Objective of the Issue

1. Acquisition of land 2. Funding of capital expenditure requirements of the Company towards purchase of Plant and Machineries 3. Funding Working Capital Requirements of the Company 4. General corporate purposes

Issue

Category Nos Bid Bid (x)
QIB 0 0 0x
NII 1741000 63703190 36.6x
Retail 1741000 62623770 36x
EMP 0 0 0x
Total 3482000 136842600 39.3x

Net Sales (in cr.)

Total Income (in cr.)

Operating Profit (in cr.)

Net Profit (in cr.)

Shareholder Funds (in cr.)

Total Assets (in cr.)

Silkflex Polymers Profit & Loss

#(Fig in Cr.) Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025 TTM
Net Sales 21 28 44 50 80
Other Income 0 0 0 0 0
Total Income 21 28 45 51 81
Total Expenditure 19 26 42 43 68
Operating Profit 1 2 3 7 12
Interest 1 1 1 2 3
Depreciation 0 0 0 0 0
Exceptional Income / Expenses 0 0 0 0 0
Profit Before Tax 1 1 1 5 9
Provision for Tax 0 0 0 1 2
Profit After Tax 0 1 1 4 7
Adjustments 0 0 0 0 0
Profit After Adjustments 0 1 1 4 7
Adjusted Earnings Per Share 0.7 0.8 1 4.8 6

Silkflex Polymers Balance Sheet

#(Fig in Cr.) Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025
Shareholder's Funds 5 7 8 12 36
Minority's Interest 0 0 0 0 0
Borrowings 4 2 2 1 17
Other Non-Current Liabilities 0 0 -0 2 2
Total Current Liabilities 4 10 13 23 28
Total Liabilities 13 20 24 38 83
Fixed Assets 1 3 4 11 16
Other Non-Current Assets 3 1 2 3 3
Total Current Assets 9 15 18 24 64
Total Assets 13 20 24 38 83

Silkflex Polymers Cash Flow

#(Fig in Cr.) Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025
Opening Cash & Cash Equivalents 0 0 0 0 0
Cash Flow from Operating Activities -0 -4 -1 9 -30
Cash Flow from Investing Activities -1 -0 -1 -9 -5
Cash Flow from Financing Activities 2 5 2 0 35
Net Cash Inflow / Outflow -0 -0 -0 0 0
Closing Cash & Cash Equivalent 0 0 0 0 0

Silkflex Polymers Ratios

# Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025
Earnings Per Share (Rs) 0.68 0.84 1.02 4.84 6.03
CEPS(Rs) 0.76 1.1 1.51 5.43 6.36
DPS(Rs) 0 0 0 0 0
Book NAV/Share(Rs) 7.69 9.08 10.25 15.09 30.68
Core EBITDA Margin(%) 6.05 5.9 5.41 14.27 14.95
EBIT Margin(%) 6.8 5.95 4.98 13.81 14.92
Pre Tax Margin(%) 2.92 3.31 2.51 10.45 11.73
PAT Margin (%) 2.19 2.47 1.87 7.82 8.73
Cash Profit Margin (%) 2.44 3.21 2.77 8.77 9.21
ROA(%) 3.46 4.19 3.83 12.67 11.58
ROE(%) 8.83 10.96 10.57 38.16 29.24
ROCE(%) 12.53 11.58 11.25 28.14 24.08
Receivable days 48.68 32.63 17.75 28.83 36.37
Inventory Days 91.79 107.63 106.4 112.13 105.61
Payable days 12.6 10.45 9.23 46.85 44.03
PER(x) 0 0 0 0 12.73
Price/Book(x) 0 0 0 0 2.5
Dividend Yield(%) 0 0 0 0 0
EV/Net Sales(x) 0.39 0.45 0.36 0.46 1.56
EV/Core EBITDA(x) 5.55 6.66 6.16 3.13 10.16
Net Sales Growth(%) 0 34.08 59.2 13.49 59.44
EBIT Growth(%) 0 17.21 33.36 214.58 72.27
PAT Growth(%) 0 51.25 21.04 373.28 78.17
EPS Growth(%) 0 24.29 21.04 373.27 24.72
Debt/Equity(x) 1.19 1.35 1.63 1.24 1.02
Current Ratio(x) 2.31 1.46 1.37 1.04 2.28
Quick Ratio(x) 0.94 0.37 0.27 0.34 1.2
Interest Cover(x) 1.75 2.26 2.01 4.11 4.68
Total Debt/Mcap(x) 0 0 0 0 0.41

Sihora Industries Growth Rates

# 1 Year 3 Year 5 Year 10 Year
Sales CAGR 60% 42% 0% 0%
Operating Profit CAGR 71% 82% 0% 0%
PAT CAGR 75% 91% 0% 0%
# 1 Year 3 Year 5 Year 10 Year
Share Price CAGR 74% NA% NA% NA%
ROE Average 29% 26% 20% 20%
ROCE Average 24% 21% 18% 18%

Company Contact Information

Silkflex Polymers (India) Ltd.

Daga Complex Sulati Jaladhulagori Sankrail

IPO Lead Manager(s)

Silkflex Polymers (India) Ltd.

Shreni Shares Limited

Registrar Info

Silkflex Polymers (India) 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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